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SunPerp Pledges All Revenue to $SUN Buybacks as Public Beta Launches

The TRON perps exchange ties $SUN demand to fee revenue, leaving outcomes contingent on adoption.

Overview

  • SunPerp, a TRON-based decentralized perpetuals exchange, said it will direct 100% of protocol revenue to market purchases of $SUN.
  • Justin Sun amplified the pledge and said he would personally handle customer support for a day as the platform opened public beta access.
  • $SUN saw higher trading volumes after the announcement, with broader price effects still developing.
  • The rollout highlights low trading fees, optional dark-pool execution to reduce MEV risks, and user incentives such as fee refunds and deposit yields.
  • Coverage notes TRON’s large share of global USDT flows could support liquidity, though success depends on security, user growth, and competition from dYdX, GMX, and Hyperliquid.