Copied ₹1.66
₹ 1.66
Market Cap
₹ 30.53 B -2.6443%
Circulating Supply
19222200000
Max Supply
19900730000
Volume
₹ 1.84 B
All Time High :
₹ 4880.96
All Time Low :
₹ 0.3742
Price change in 24H :
₹ 0.007649
24H High :
₹ 1.64
24H Low :
₹ 1.58
Token distribution
The SUN token (ticker: SUN) is the native governance and utility token of SUN.io, the largest decentralized finance (DeFi) liquidity platform on the TRON blockchain. SUN is a TRC-20 token used for voting in SUN DAO, earning liquidity-mining rewards, and capturing value from protocol revenue through a continuous buyback-and-burn program. SUN.io's product suite includes SunSwap (a decentralized exchange, now on V4), SunCurve and PSM (stablecoin swaps), SunPump (a meme-coin launchpad), SunX (a perpetuals exchange), and SunAgent (an AI trading assistant). Since December 2021, more than 678 million SUN have been permanently removed from circulation through 51 consecutive burn rounds funded by real platform revenue.
SUN.io is TRON's flagship DeFi liquidity hub. It began as a single-purpose platform and evolved into what the team now describes as a "super liquidity ecosystem" spanning five pillars: DEX, meme-coin issuance, perpetual derivatives, AI-powered interaction, and DAO governance.
The platform's original claim to fame was being TRON's first one-stop destination combining stablecoin swaps, token mining, and self-governance. Today, SUN.io serves as the routing layer for a large share of on-chain activity on TRON, a network known for hosting the largest supply of Tether (USDT) of any blockchain.
Understanding the SUN token requires understanding this platform, because every SUN.io product line generates revenue that flows back to SUN holders through the buyback-and-burn mechanism. The token is not a standalone asset; it is the economic anchor for an entire product matrix.
TRON's DeFi stack is dominated by a handful of protocols: JustLend DAO (lending), SUN.io (liquidity and trading), USDD (decentralized stablecoin), and WINkLink (oracles). Among these, SUN.io is the trading and liquidity layer. SunSwap is the largest DEX by trading volume on TRON, and SunPump became the network's first meme-coin fair-launch platform, driving the creation of more than 100,000 tokens.
SUN token launched in September 2020 as a community-driven "social experiment" on TRON, initially positioned as TRON's answer to Bitcoin-style fair distribution. There was no ICO, no pre-mine, and no team allocation in the original design. Tokens were distributed via genesis mining, in which users staked TRX and other TRON assets to earn SUN. The original token debuted at roughly $23 and traded as high as $50 in April 2021.
In May 2021, SUN.io underwent a major overhaul, introducing decentralized stablecoin swapping (SunCurve) and transforming the platform into a comprehensive DeFi hub. As part of this upgrade, the SUN token was redenominated at a ratio of 1:1000 beginning May 26, 2021. Every old SUN became 1,000 new SUNs, keeping market capitalization unchanged. Trading in the $20–$30 range translated to $0.02–$0.03 post-swap.
The new SUN token was explicitly modeled after Curve DAO's CRV token, granting holders governance rights, value capture, and staking rewards. This is why price data providers such as CoinGecko and CoinMarketCap list the asset as "Sun [New]."
On December 15, 2021, SUN.io initiated its buyback-and-burn program, using a portion of SunSwap V2 trading fees to repurchase SUN from the open market and send it to TRON's black hole address. This mechanism has run without interruption since, reaching its 51st consecutive round in July 2026.
August 2024 saw the launch of SunPump, TRON's first meme-coin launchpad, which became a major revenue driver. SUNDOG, the flagship SunPump token, reached over 520,000 on-chain holders within its first year. In September 2025, SunPerp launched as a decentralized perpetuals exchange, and on November 24, 2025, it rebranded to SunX with a broader multi-chain trading ecosystem. SunAgent, the platform's AI assistant, and SunGenX, an AI-powered "tweet to launch a token" tool, added an AI layer to the ecosystem.
January 2026 brought the "Sun Wukong" dual-brand strategy for Chinese-speaking markets, and March 2026 delivered SunSwap V4, a ground-up rebuild of the AMM. Both are covered in detail in the news section below.
Governance Through SUN DAO: SUN holders form SUN DAO, a decentralized autonomous organization that votes on protocol parameters, proposals, and ecosystem direction. Token holders can submit proposals, vote on key decisions, and adjust core protocol settings. This mirrors the veCRV model, where locked tokens carry voting weight.
Liquidity Mining and Staking Rewards: SUN is distributed as a reward to liquidity providers across SunSwap pools and stablecoin pools on SunCurve. Users can also stake SUN to earn a share of platform incentives, and locking SUN increases governance weight.
Value Capture via Buyback-and-Burn: This is SUN's most distinctive utility. Rather than paying dividends directly, SUN.io channels protocol revenue into open-market buybacks and permanently burns the acquired tokens. As the platform grows, more revenue flows into burns, reducing supply.
Ecosystem Access and Incentives: SUN is frequently used in SUN.io campaigns, airdrops, trading competitions, and "red packet" promotions. Holding SUN often qualifies users for ecosystem rewards across SunSwap, SunPump, and SunX.
Fee Discounts and Trading Mining on SunX: SunX has run fee-rebate and trading-mining campaigns that route benefits to active users, and all SunX revenue now feeds the SUN burn pool.
Max supply: 19,900,730,000 SUN
Circulating supply: approximately 19.22 billion SUN (early September 2026)
Burned to date: 678,547,188.32 SUN (3.4% of total supply) as of the Phase 51 announcement in July 2026
Net trajectory: deflationary, with burns funded by protocol revenue rather than treasury allocations
Many tokens burn supply from a pre-allocated treasury, which creates the appearance of scarcity without any connection to business performance. SUN's model is different: every burned token was purchased on the open market with revenue that SunSwap, SunPump, and SunX actually generated. Analysts frequently describe this as a "usage → revenue → buyback → burn" loop.
The SUN White Paper V4.0 (updated March 3, 2026) documents the mechanism precisely:
The SunSwap V2 contract retains 0.05% of each transaction fee as LP tokens, which are periodically converted to SUN and sent to a designated address.
SunPump revenue is retained in TRX and converted to SUN when needed.
SunX derivatives revenue was permanently added to the burn pool starting with Phase 50 (April 2026).
Accumulated SUN is transferred to TRON's black hole address on a scheduled basis.
According to SunSwap's official Phase 50 announcement, the 669.5 million SUN burned through April 2026 came from three sources:
Phase 51 in July 2026 pushed the cumulative figure to 678,547,188.32 SUN, and TRON's H1 2026 report notes the token is approaching the 700 million burn milestone.
Revenue generation: Users swap tokens on SunSwap, launch or trade meme coins on SunPump, and trade perpetual contracts on SunX. Each activity generates protocol fees.
Accumulation: Fees are collected in LP tokens (SunSwap) or TRX (SunPump, SunX) in designated smart-contract addresses.
Buyback: The accumulated assets are converted to SUN via open-market purchases, creating buy pressure.
Burn: The repurchased SUN is transferred to TRON's black hole address (T9yD14Nj9j7xAB4dbGeiX9h8unkKLxmGkn), from which tokens can never be recovered.
Public verification: Each phase is announced with a burn transaction hash on Tronscan, and since April 22, 2026, a dedicated buyback-and-burn dashboard visualizes supply destruction in real time.
Historically, SUN.io announced burns roughly monthly. In 2026 the platform standardized execution, shifting to a unified announcement in the middle of the first month of each quarter. This makes the deflation schedule more predictable for holders and analysts.
The program's most cited strength is consistency. Fifty-one consecutive rounds since December 2021, through both bull and bear markets, is a track record few DeFi protocols can match. Each round is verifiable on-chain, and the recent dashboard adds transparency for global investors.
Important caveat: A buyback-and-burn policy reduces supply but does not guarantee price appreciation, liquidity, or investment returns. Token price depends on demand, broader market conditions, and many other factors.
SunSwap is TRON's largest DEX by volume. It has evolved through four major versions:
V1/V2: Uniswap-style constant-product AMM.
V3: Concentrated liquidity with a dynamic fee mechanism, letting LPs allocate capital within specific price ranges and set custom fee tiers.
V4 (March 2, 2026): A comprehensive rebuild featuring a singleton architecture (one contract managing all pools instead of a factory model), customizable "hook" plugins for programmable liquidity, native TRX support (no more wrapping to WTRX), lower fees, and significantly reduced energy consumption per transaction.
Within five months of launch, SunSwap V4 reached peak liquidity of about $108 million, with 24-hour trading volumes frequently exceeding $70 million during peak periods, according to TRON's H1 2026 report.
SunCurve is a Curve-style stablecoin AMM optimized for low-slippage swaps between USDT, USDC, USDD, and TUSD. PSM (Peg Stability Module) supports 1:1 swaps between USDD and other stablecoins, anchoring USDD's peg.
SunPump lets anyone launch a token with a name, ticker, description, and image. Trading begins on a bonding curve; buyers send TRX and receive tokens priced by the curve. When the curve reaches 100%, remaining tokens and TRX liquidity graduate to a SunSwap V2 pool. All SunPump protocol revenue is used to buy back and burn SUN. SunGenX extends this with AI-driven token creation from a tweet.
Launched as SunPerp in September 2025 and rebranded to SunX on November 24, 2025, SunX is TRON's decentralized perpetual contracts platform. Justin Sun has described SunX as part of a "decentralized trading golden triangle" with TRON (infrastructure) and HTX (user traffic). The launch included a trading-mining campaign with a prize pool of up to 1.35 million USDT. Since April 2026, all SunX revenue feeds the SUN burn pool.
SunAgent is a chat-based on-chain operation layer. Users can type natural-language commands such as "swap TRX to USDD on SunSwap" and the agent interprets and executes the full transaction. It supports token issuance, swapping, staking, voting, and data queries across SunSwap, SunPump, and SunX. SunAgent was positioned as the first AI agent on TRON.
SUN DAO is the governance body composed of SUN holders, enabling on-chain voting for protocol parameters and proposals.
SUN's differentiator is breadth: a single token underpins a DEX, a stablecoin swap, a meme launchpad, a Perps exchange, and an AI layer, with all revenue streams pointed at the same burn address. SUN.io also benefits from TRON's low transaction costs and its position as the largest USDT settlement network, which drives sustained stablecoin swap demand.
SUN trades on roughly 48 exchanges across 59 markets, according to CoinGecko. Options include:
Centralized exchanges: HTX (formerly Huobi), Binance, OKX, Bitget, KuCoin, Gate, MEXC, and Poloniex commonly list SUN pairs. Bitkub added SUN in March 2026 for Thai users.
Decentralized exchange: SunSwap on SUN.io, using a TRON wallet such as TronLink.
Fiat on-ramp: Alchemy Pay integration (March 2026) allows direct purchases with bank cards.
Always verify the contract address (TSSMHYeV2uE9qYH95DqyoCuNCzEL1NvU3S) before trading on a DEX, and note that some legacy listings still show the old contract.
As a TRC-20 token, SUN can be held in any TRON-compatible wallet: TronLink, Ledger (via TronLink), Trust Wallet, or exchange custody. Self-custody is recommended for governance participation.
Connect a TRON wallet to SUN.io.
Navigate to the governance or staking section.
Choose a lock duration; longer locks increase voting power and reward share.
Confirm the transaction, paying a small amount of TRON energy or TRX.
Stakers can vote on SUN DAO proposals and earn ecosystem rewards. Locked positions cannot be withdrawn until the lock period ends.
This section is informational only and not financial advice.
Post-redenomination all-time high: approximately $0.054
Post-redenomination all-time low: approximately $0.0046
Early September 2026 price: roughly $0.018, with about $15 million in daily volume (CoinPedia and CoinGecko data)
Recent performance: As of September 7, 2026, SUN was up about 1.8% over seven days, underperforming the broader crypto market's 2.6% gain, per CoinGecko.
Key technical levels watched by traders in 2026: the $0.0196–$0.02 resistance zone, which analysts flagged as a compression range in April–May 2026.
Holder base: more than 82,000 on-chain holders as of May 2026.
TVL context: SUN.io's total value locked has hovered near $1 billion, below the 2021–2022 peak of roughly $2.5 billion but well above the 2023 low of under $500 million.
SUN's price is highly correlated with TRX and with overall DeFi sentiment. Traders should conduct their own research and consider consulting a licensed financial advisor before making investment decisions.
On November 20, 2025, Justin Sun announced via a Huobi Live event that SunPerp had upgraded to SunX (sunx.io), transforming from a single perps platform into a self-circulating derivatives ecosystem with multi-chain support. The rebrand was accompanied by the first phase of a trading-mining program offering up to 1.35 million USDT in rewards and high fee rebates. Sun framed 2026 as the year perp DEXs compete on user experience, noting that SunX had spent two months refining order-book liquidity, market depth, and low-latency execution.
TRON's ecosystem-wide "Five Tigers Competition" concluded in early December 2025 with JST, SUN, and an NFT project named champions. Coverage positioned SUN.io as the ecosystem's new driving force, highlighting SunPump's 100,000+ token launches, SunGenX's tweet-to-token feature, and a fully upgraded SunAgent that turns DeFi into a conversational experience. SunPump also ran a SunAgent interaction campaign from December 19–25 with a 500 USDT prize pool.
SUN.io launched a dedicated Chinese brand identity, "Sun Wukong" (孙悟空, the Monkey King from Journey to the West), along with a localized official website. The dual-brand strategy renamed the product suite for Chinese-speaking markets:
SunSwap → Wukong Swap (also reported as Wukong Exchange)
SunPump → Wukong Launch
SunX → Sun Wukong
The rebrand was designed to give TRON's DeFi ecosystem a cultural layer with universal recognition, uniting SunSwap, SUN DAO, SunPump, and SunX under one visual identity. The announcement also emphasized SUNDOG's Binance Alpha listing as proof of SunPump's asset-incubation flywheel and confirmed SunAgent's completed iteration as a bridge across all products.
SunSwap V4 launched as a complete AMM reconstruction. Key changes include the singleton contract architecture, hook plugins for developers, native TRX pairing, and reduced energy costs. The upgrade retained V1/V2 AMM foundations and V3 concentrated liquidity while adding programmability. Adoption was rapid: peak liquidity stabilized at around $108 million within five months, with 24-hour volumes frequently topping $70 million at peaks.
The updated white paper documented cumulative burns of 650,686,380.77 SUN as of March 3, 2026, broken down between SunSwap V2 and SunPump revenue, and formally described the buyback method for each revenue stream.
SUN was listed on Thailand's Bitkub exchange and integrated with fiat gateway Alchemy Pay, allowing purchases with bank cards and other traditional payment methods. This lowered the entry barrier for new TRON DeFi users, particularly in Southeast Asia.
SUN.io released a dedicated public dashboard visualizing how protocol revenue translates into burns in real time, addressing long-standing community requests for transparency.
The 50th buyback-and-burn phase destroyed 18,835,780.1486 SUN accumulated between November 27, 2025 and April 25, 2026, bringing cumulative burns to 669,522,160.92 SUN. This phase marked the first time SunX derivatives revenue was permanently added to the burn pool alongside SunSwap V2 and SunPump fees. SUN rose about 3% in the days following the announcement, and social commentary framed the program as a "revenue-driven deflation program" now in its 50th consecutive round.
On-chain data in mid-May 2026 showed a 15.9% monthly price gain, more than 82,000 holders, and strong liquidity. Technical analysts noted SUN entering a high-compression phase near $0.0196, watching for a breakout toward $0.0216.
The 51st consecutive burn round in July 2026 pushed cumulative burns to 678,547,188.32 SUN, or roughly 3.4% of total supply. SUN.io also standardized its schedule to a unified announcement in the middle of the first month of each quarter.
CryptoSlate and other outlets reported that TRON's four flagship assets, JST, SUN, BTT, and WIN, had all entered buyback-and-burn programs. JustLend DAO completed its fourth and largest JST burn in July; WINkLink pledged 100% of oracle revenue to WIN buybacks; and BitTorrent committed all decentralized-service revenue to BTT burns, with both slated to begin burning in Q4 2026. SUN was cited as the model, having "rolled out a comprehensive upgrade" to its own mechanism. This network-wide shift positions SUN as the longest-running and most mature deflationary program in TRON's ecosystem.
TRON published its H1 2026 Strategy Report via GlobeNewswire, headlined "Anchored by DeFi, Driven by AI." The report highlighted SUN.io's three pillars of H1 progress: the Sun Wukong rebrand, SunSwap V4's liquidity gains, and expanded burn pools. It also reported that on March 6 the U.S. SEC dropped all charges against Justin Sun, the TRON Foundation, and the BitTorrent Foundation, ending a three-year dispute and removing a regulatory overhang that had weighed on TRON-ecosystem tokens, including SUN. The report framed TRON's H1 as defying broader market pressure through a dual DeFi-and-AI strategy, with four AI applications launched alongside the DeFi upgrades.
Phase 52 burn announcement expected in mid-October under the new quarterly schedule.
700 million cumulative burn milestone, likely to be reached in the next one to two phases.
SunSwap V4 hook ecosystem growth as third-party developers build custom liquidity logic.
SunX derivatives volume, now a direct input to burns.
BTT and WIN burn launches in Q4, which could increase attention on TRON's deflationary narrative overall.
SUN.io is one of the most marketing-active DeFi platforms in crypto, largely because of Justin Sun's personal involvement and the HTX distribution channel. Recent and notable campaigns include:
To celebrate the Year of the Horse, SUN.io distributed 1,000,000 SUN and JST tokens as "red packets" (hongbao) through SunAgent. Participants completed on-chain interactions to claim rewards, with anti-bot measures flagging abnormal or automated accounts. This campaign doubled as an onboarding funnel for SunAgent.
A companion campaign invited users to "send blessings" to SunAgent to claim shares of 88,000 TRX, reinforcing the AI assistant as the entry point to the ecosystem. The number eight carries cultural significance for prosperity in Chinese markets, aligning with the Sun Wukong localization strategy.
SunX launched a 2026 trading campaign open to both new and existing users, continuing the trading-mining and fee-rebate model established at the November 2025 rebrand. Rewards are tied to trading volume, and all resulting protocol revenue flows to SUN burns.
SunPump has run recurring creator-incentive campaigns, including an 888 TRX reward program for meme-coin creators and limited-time reward events for early SunPump AI Assistant users. These programs feed the SunPump → SunSwap graduation pipeline that generates burn revenue.
SUN.io hosts regular "SunFlash" roundtables and X (Twitter) AMAs with industry speakers. Topics in the past year have ranged from DEX sustainability and perp DEX competition to macro themes such as U.S. jobs data and Federal Reserve rate decisions. These sessions serve both community education and brand positioning, framing SUN.io as a thought leader rather than just a trading venue.
The March 2026 Bitkub listing and Alchemy Pay integration were accompanied by regional marketing targeting Thailand and Southeast Asia, consistent with TRON's strength in emerging-market stablecoin usage.
SUN.io regularly publishes sponsored articles on outlets such as CryptoSlate, TechFlow, and Bitget News. Common narrative pillars include the "value flywheel" (SunPump creates assets → SunSwap provides liquidity → SunX adds derivatives → revenue burns SUN), the "real revenue, real deflation" message, and the 51-round burn track record. Readers should note that many of these articles are disclosed as paid content.
Market risk: SUN remains roughly 67% below its post-redenomination all-time high and is highly correlated with TRX and broad DeFi sentiment.
Concentration and key-person risk: The ecosystem is closely tied to Justin Sun and HTX. Regulatory or reputational events involving either can affect SUN.
Meme-coin dependency: A significant share of burn revenue (about 286 million SUN historically) came from SunPump. Meme-coin activity is cyclical, so burn rates may fall during quiet periods.
Smart-contract risk: SunSwap V4 is a new architecture. CoinGecko's third-party security score for SUN sat at 32% as of September 2026, with no listed insurance or bug-bounty coverage in that dataset.
Burns do not equal returns: Supply reduction supports scarcity but does not guarantee price appreciation.
Regulatory environment: Although the SEC dispute concluded, DeFi regulation remains fluid across jurisdictions.
This article is for informational purposes only and does not constitute financial, investment, or legal advice.
SUN is used for governance voting in SUN DAO, earning liquidity-mining and staking rewards on SUN.io, and capturing value from platform revenue through the buyback-and-burn program. It is also used in ecosystem promotions and airdrops.
No. TRX is TRON's native coin used for gas and staking at the network level. SUN is a TRC-20 governance token for the SUN.io DeFi platform built on TRON.
SUN was launched in September 2020 within the TRON ecosystem founded by Justin Sun. It originally had no team allocation and was distributed via genesis mining.
Because of the May 2021 redenomination, in which old SUN was swapped for new SUN at 1:1000. Data aggregators distinguish the two with the "[New]" label.
As of Phase 51 (July 2026), 678,547,188.32 SUN have been permanently burned since December 15, 2021, about 3.4% of total supply.
Three sources: 0.05% of SunSwap V2 transaction fees, 100% of SunPump revenue, and 100% of SunX revenue (added April 2026).
"Sun Wukong" is SUN.io's Chinese brand identity launched January 19, 2026, named after the Monkey King. Under this brand, SunSwap is Wukong Swap, SunPump is Wukong Launch, and SunX is Sun Wukong.
SunSwap V4, launched March 2, 2026, is a rebuilt AMM with singleton architecture, developer hooks, native TRX support, lower fees, and reduced energy costs.
That depends on individual risk tolerance and outlook. SUN has a long-running revenue-backed deflation program and a broad product suite, but it also carries market, concentration, and smart-contract risks. Consult a licensed financial advisor.
The current TRC-20 contract is TSSMHYeV2uE9qYH95DqyoCuNCzEL1NvU3S. The legacy pre-2021 contract was TKkeiboTkxXKJpbmVFbv4a8ov5rAfRDMf9.
As of 2026, burns are announced in the middle of the first month of each quarter, replacing the earlier roughly monthly cadence.
SunPump is TRON's first meme-coin fair-launch platform, launched August 2024. Tokens trade on a bonding curve and graduate to SunSwap V2 pools. All SunPump revenue buys back and burns SUN.
SunX (formerly SunPerp) is SUN.io's decentralized perpetual contracts exchange, rebranded November 24, 2025. Its revenue feeds SUN burns.
SunAgent is an AI assistant that lets users execute swaps, staking, voting, and token launches on SUN.io through natural-language chat commands.
On centralized exchanges including HTX, Binance, OKX, Bitget, and Bitkub, on SunSwap via a TRON wallet, or with fiat through Alchemy Pay.
19,900,730,000 SUN, decreasing over time as burns continue.