What is SunPerp?+
SunPerp (SunX) is a decentralized perpetual futures exchange built natively on the TRON blockchain. It allows users to trade cryptocurrency perpetual contracts with leverage of up to 100x in a fully non-custodial, transparent, and on-chain environment. No KYC, no account creation, and no centralized intermediary is ever involved.
What is SunX Protocol?+
SunX is the underlying smart contract protocol that powers SunPerp. It provides the on-chain infrastructure for perpetual contracts, including collateral management, position accounting, liquidation logic, oracle pricing, and liquidity pool management — all deployed and verifiable on the TRON blockchain.
What is a perpetual futures contract?+
A perpetual futures contract is a derivative instrument that tracks the price of an underlying asset (e.g., BTC, ETH) without an expiry date. Unlike traditional futures, perpetuals never settle — you can hold a position indefinitely. They use a funding rate mechanism to keep the perpetual price close to the spot price. Traders can go long (profit when price rises) or short (profit when price falls).
How do I start trading on SunPerp?+
Click "Launch App" to open the SunPerp trading interface. Connect your TronLink or compatible wallet. Deposit USDT TRC20 as collateral. Select your trading pair (e.g., BTC/USDT), choose long or short, set your leverage (1x–100x), and click "Open Position." Your trade settles on TRON in under 3 seconds.
What wallets are supported by SunPerp?+
SunPerp supports TronLink (recommended for TRON), Trust Wallet, TokenPocket, WalletConnect-compatible wallets, and any browser extension wallet that supports the TRON network. For best performance and seamless transaction signing, TronLink browser extension or TronLink Pro mobile is recommended.
What collateral does SunPerp accept?+
SunPerp primarily accepts USDT (TRC20) as collateral for all perpetual positions. USDT TRC20 is the most liquid stablecoin on TRON and enables seamless, near-zero-cost deposits and withdrawals. Support for additional TRC20 collateral assets including TRX and USDD is available on select trading pairs.
What is the maximum leverage on SunPerp?+
SunPerp offers leverage of up to 100x on major pairs like BTC/USDT and ETH/USDT. Other pairs have lower maximums (e.g., 75x for TRX/USDT and SOL/USDT, 50x for BNB/USDT and altcoins). The minimum leverage is 1x (no leverage). Higher leverage amplifies both potential profits and potential losses, so always use risk management tools.
What fees does SunPerp charge?+
SunPerp charges a maker fee of 0.01% and a taker fee of 0.06% per trade — among the lowest in the perpetual DEX industry. TRON network transaction fees are fractions of a cent (typically under $0.01). There are no deposit or withdrawal fees. Additionally, open positions accrue or earn funding rates every 8 hours depending on market conditions.
What is a funding rate and how does it work on SunPerp?+
The funding rate is a periodic payment exchanged between long and short position holders to keep the perpetual price anchored to the spot market. If the perpetual trades above spot, longs pay shorts (positive funding). If it trades below, shorts pay longs (negative funding). On SunPerp, funding payments occur every 8 hours and are calculated based on the premium between mark price and index price.
What is a liquidation price on SunPerp?+
The liquidation price is the mark price at which your position will be automatically closed to prevent your collateral from going below the maintenance margin. If the mark price reaches your liquidation price, SunPerp's liquidation engine closes the position and returns any remaining margin above the liquidation fee. Always monitor your liquidation price and add collateral to avoid unwanted liquidations.
How does SunPerp protect against liquidation cascade?+
SunPerp uses a multi-layer risk management system including partial liquidations, an insurance fund, and auto-deleveraging (ADL) as a last resort. The insurance fund, funded by liquidation fees, covers any shortfall when a liquidated position's collateral is insufficient. This protects the protocol from insolvency and prevents counterparty risk from cascading to profitable traders.
Is SunPerp non-custodial?+
Yes. SunPerp is entirely non-custodial. Your deposited collateral is held in audited SunX smart contracts on TRON — never in a centralized wallet or controlled by any third party. All deposits, withdrawals, and settlement occur via on-chain smart contract logic that you can verify at any time on TRONscan.
How does SunPerp's oracle pricing work?+
SunPerp uses a hybrid oracle system combining on-chain TRON-native TWAP (time-weighted average price) from DEX pools with decentralized off-chain price feeds from multiple independent oracle providers. This multi-source approach makes mark prices resistant to single-point manipulation and flash loan attacks, ensuring fair liquidation prices for all traders.
What order types does SunPerp support?+
SunPerp supports market orders (instant execution at current price), limit orders (execute only at your specified price or better), stop-loss orders (automatically close to limit losses), take-profit orders (automatically close to lock in gains), and trailing stop orders (stop-loss that moves with the price). All order types are executed via on-chain keeper bots to ensure trustless, automated execution.
What is MEV protection on SunPerp?+
MEV (Maximal Extractable Value) bots monitor public mempools and exploit publicly visible transactions by front-running or sandwiching them — forcing you into a worse price. SunPerp routes all user transactions through private mempool relays so bots cannot detect and exploit your trade before it confirms. This can save traders $10–$100+ per large position on other platforms.
Why trade perpetuals on TRON instead of Ethereum?+
TRON offers 3-second transaction finality vs. Ethereum's 12–15 seconds. TRON network fees are under $0.01 vs. Ethereum gas fees of $5–$50+. For active perpetual traders, this means faster position entries and exits, dramatically lower cumulative costs, and a smoother trading experience. SunPerp is purpose-built to exploit TRON's speed and cost advantages for professional-grade perpetual trading.
How do I provide liquidity on SunPerp?+
Navigate to the "Pools" section in the SunPerp app, select a liquidity pool (e.g., USDT-TRX), and deposit your assets. As a liquidity provider (LP), you earn a share of all trading fees generated by SunPerp proportional to your pool contribution. LPs also earn SunX protocol token rewards during liquidity mining periods.
What is the SunPerp insurance fund?+
The SunPerp insurance fund is a reserve of USDT that absorbs losses when a liquidated position's collateral is insufficient to cover the deficit (bad debt). It is funded by a portion of liquidation fees. The insurance fund balance is visible on-chain at all times, ensuring full protocol transparency and protecting profitable traders from socialized loss events.
Does SunPerp require KYC?+
No. SunPerp requires zero KYC, no email registration, no account creation, and no personal information of any kind. All you need to trade is a compatible TRON wallet. This is a core design principle of SunX Protocol — decentralized finance should be permissionless and accessible to everyone without identity gatekeeping.
Are SunPerp smart contracts audited?+
Yes. SunX Protocol smart contracts have been audited by independent leading blockchain security firms. Audit reports are publicly available in the SunPerp documentation. All contracts are open-source and verifiable on TRONscan. SunPerp also runs a continuous bug bounty program for ongoing security research and disclosure.
Can I trade on SunPerp from a mobile device?+
Yes. SunPerp's web interface is fully mobile-responsive and works on iOS and Android browsers. For the best mobile experience, use TronLink Pro (TRON's official mobile wallet app) which has a built-in DApp browser for seamless one-tap transaction signing. TokenPocket mobile is also fully compatible with SunPerp.
What is cross-margin vs isolated-margin on SunPerp?+
Isolated margin allocates a fixed amount of collateral to a single position — your maximum loss on that position is capped at the isolated margin. Cross-margin uses your entire account balance as collateral across all open positions simultaneously, offering more flexibility but risking the full balance. SunPerp supports both modes — isolated margin is recommended for beginners as it contains risk per trade.
How does SunPerp determine the mark price?+
The mark price on SunPerp is calculated as the median of multiple oracle price sources, weighted and smoothed over a short TWAP window. It is distinct from the last trade price to prevent manipulation. Liquidations are triggered based on mark price, not the spot or last-traded price — this ensures traders are never unfairly liquidated by temporary price spikes or thin order books.
What is auto-deleveraging (ADL) on SunPerp?+
Auto-deleveraging (ADL) is a last-resort mechanism that activates only when the insurance fund is fully depleted by bad debt. In ADL, the most profitable positions on the winning side are partially reduced to cover the deficit. ADL is extremely rare on SunPerp due to the multi-layer risk system. Your ADL ranking is visible in the trading interface so you can monitor your exposure.
What is the maximum position size on SunPerp?+
Maximum position size varies by pair and is determined by open interest caps. For BTC/USDT, individual positions up to $10M notional are supported with minimal slippage. Position limits decrease for less liquid pairs. As liquidity grows, these limits are raised. Current limits for each market are displayed in the trading interface under market details.
How do I deposit USDT TRC20 into SunPerp?+
Connect your TronLink wallet (which must contain USDT TRC20 and a small amount of TRX for energy/bandwidth). In the SunPerp app, click "Deposit," enter the USDT amount, and approve the smart contract transaction. Your collateral is available for trading within 3 seconds of transaction confirmation. You can also use WirexSwap or SunSwap to convert other tokens to USDT TRC20 before depositing.
Does SunPerp have a referral or affiliate program?+
Yes. SunPerp offers an on-chain referral program. Generate a unique referral link in the "Referrals" section of the app. When referred traders open positions, you earn a percentage of the protocol fee they pay — credited to your wallet continuously. Referral earnings are claimable at any time with no minimum threshold.
What markets are available on SunPerp?+
SunPerp lists 30+ perpetual markets including BTC/USDT, ETH/USDT, TRX/USDT, SOL/USDT, BNB/USDT, MATIC/USDT, AVAX/USDT, LINK/USDT, DOGE/USDT, ADA/USDT, DOT/USDT, LTC/USDT, and more. New markets are added based on community governance votes and liquidity availability. All markets are quoted against USDT TRC20.
How is SunPerp different from centralized perpetual exchanges like Binance?+
Unlike Binance or Bybit, SunPerp is fully non-custodial — your funds are never held by a company that could be hacked, go bankrupt, or freeze withdrawals. There is no KYC, no account, no email. All logic is in audited open-source smart contracts on TRON. You cannot be banned, censored, or have your funds frozen. What you trade and how much you trade is entirely between you and the blockchain.
What is TRX energy and bandwidth, and does trading on SunPerp consume it?+
TRON smart contract calls consume Energy (computational resource) and Bandwidth (network resource). Both are regenerated daily by staking TRX, or you can pay a tiny TRX fee directly. SunPerp optimizes its smart contract code to minimize energy consumption per trade — typical trades consume less than $0.01 worth of TRX. Keeping a small amount of TRX in your wallet ensures smooth, uninterrupted trading.
How can I track my trading history and P&L on SunPerp?+
SunPerp's trading interface includes a full portfolio dashboard showing all open positions, realized and unrealized P&L, trade history, funding payments received or paid, and collateral breakdown. Since all activity is on-chain, you can also verify every trade independently on TRONscan using your wallet address. The dashboard also provides analytics on your trading performance over time.
Is there a SunPerp testnet or demo mode?+
Yes. SunPerp provides a fully functional testnet environment on TRON's Nile testnet, accessible via the "Testnet" toggle in the app. You can trade with free testnet USDT to practice opening positions, testing order types, and understanding liquidation mechanics — with zero real-money risk. The testnet replicates the full mainnet trading experience including price feeds and order execution.