This upgrade marks the leap of SunX from a single trading platform to a self-circulating, self-growing decentralized ecological hub.

On November 20, the SunPerp brand upgrade launch event was grandly held via Huobi Live. SunPerp and Huobi HTX global advisor Sun Yuchen attended the event and officially announced the upgrade of the SunPerp brand to SunX (sunx.io).

This upgrade signifies the transition of SunX from a single trading platform to a self-circulating, self-growing decentralized ecological hub. Meanwhile, to celebrate the brand renewal, SunX announced the first phase of the "trading mining" event with a total prize pool of up to 1.35 million USDT, offering a high proportion of fee rebates to global users.

Brand Transition: From Platform to Ecology, "X" Defines Infinite Future

At the press conference, Sun Yuchen pointed out that DEX is gradually becoming the dominant force in the crypto industry, and the core significance of SunX's upgrade is the shift from "platform" to "ecology." The new brand name SunX is more concise, international, and easy for global users to remember. The letter "X" carries deep meaning, representing:

● eXtension (infinity): The infinite extension of ecology.

● eXperience (experience): An ultimate trading experience.

● eXchange (future trading): The future form of trading.

Sun Yuchen explained that this represents the team's new vision for the future of decentralized finance and signifies that SunX will become a smarter, more open, and more liquid DEX.

Long-termism: Backed by the "Decentralized Trading Golden Triangle," Refining the Ultimate Experience

Sun Yuchen stated that the upgrade of SunX is not an isolated advancement but is driven by the strategic synergy of the "Decentralized Trading Golden Triangle" formed by Huobi HTX, Tron TRON, and SUN: Tron TRON provides a high-performance underlying network; Huobi HTX serves as a traffic entry point connecting global users; SUN becomes the core engine for ecological innovation and liquidity.

"Currently, the DEX market share has surged from less than 5% to 20%, which is quite impressive. However, before DEX becomes mainstream, core issues such as security, risk control, and user experience must be addressed. Based on this, the core of competition for Perp DEX in 2026 will still be user experience."

To this end, SunX has been in a state of "closed-door training" for the past two months, focusing on refining order book liquidity, market depth, and low-latency trading. Sun Yuchen admitted that compared to short-term traffic bursts, he values security and product stability more, as these are the key factors that determine whether traders will stay.

He further stated that backed by the two highly profitable ecosystems of Tron TRON and Huobi HTX, SunX has no short-term monetization pressure and can adhere to "long-termism," continuously subsidizing users through zero Gas fees and negative Maker fee rates until the product experience fully matches or even surpasses CEX, thereby capturing more mainstream market share.

Strategic Layout: Safety First, Multi-Chain Progress and Global Expansion

In the subsequent media and KOL Q&A session, Sun Yuchen revealed more strategic details.

Regarding SunX's strategic planning, Sun Yuchen particularly emphasized that safety is always the top priority. On this basis, SunX will no longer be limited to the single ecosystem of Tron TRON but will gradually expand to more mainstream public chain ecosystems in the future, aiming to break down inter-chain barriers.

In terms of market expansion, SunX will continue to focus on serving global users. At the same time, the project will work to guide the vast user base of Huobi HTX and Poloniex to SunX, providing them with a truly decentralized perpetual contract experience.

User Benefits: Trading Mining Launched, Maker Enjoys 108% Fee Rebate

As the first showcase after the brand upgrade, SunX officially launched an attractive incentive program.

It is reported that the first phase of the "trading mining" event will take place from November 21, 20:00 to December 6, 20:00 (UTC+8), with a total prize pool of up to 1.35 million USDT.

During the event, users participating in BTC/USDT, ETH/USDT, and SUN/USDT perpetual contract trading will receive additional $SUN token rewards on top of the full fee rebate. Among them, Maker users can enjoy up to 108% fee rebate, while Taker users enjoy a 105% fee rebate. Each user can earn a maximum reward of 200 USDT per hour.

This event will also deeply empower the $SUN token economic model. During the event, all fee income generated from users participating in the trading pairs will be used to repurchase $SUN tokens on the Huobi HTX platform to support the stable growth of its value. The repurchased $SUN tokens will be fully burned, with the burn occurring at the end of each quarter (specific timing to be announced separately), providing continuous deflationary effects to reward long-term supporters of the ecology.

Standing on the eve of the DEX explosion, SunX is backed by the "Decentralized Trading Golden Triangle" ecosystem, using the ultimate experience as a sword to reshape the industry standards for on-chain derivatives trading. From this moment on, a smarter, safer, and infinitely possible SunX ecosystem is ready to take off, looking forward to witnessing the arrival of a new era of decentralized trading with global users.

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