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SUNSwap

SUNSwap

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SUNSwap is the dominant decentralized exchange on TRON and the trading layer of the SUN.io ecosystem, spanning four Uniswap-style AMM versions (V1/V2 constant-product, V3 concentrated liquidity, V4 Singleton/Hooks) governed by SUN DAO under a Curve-style veSUN voting model.

DEXTronTVL: $636.2MLast updated: Sep 17, 2026
Risk Rating
BB
Safety Score
63

Risk Profile Overview

Overall Rating
(63/100)
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Score history

Re-checked monthlyNo net change

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69
63
57
Aug 2026SepOct

The Problem

TRON users needed a deep, on-chain spot market for TRC-20 tokens and stablecoins (USDD, USDT, USDJ, USDC, TUSD) without paying CEX listing or withdrawal fees, plus a way to provide liquidity and capture fee yield with TRON-native energy efficiency.

The Solution

SUNSwap ships four parallel AMM versions (V1 CPMM TRX↔TRC-20, V2 generic CPMM, V3 concentrated liquidity, V4 Singleton/Hooks) plus a Curve-style stableswap, governed by SUN DAO via veSUN gauge voting and partly funded by a SunPump-financed SUN buyback-and-burn flywheel.

Why it Matters

The dominant DEX on TRON (>$100M TVL on V3 alone, ~$1.35B 30-day V3 volume) with a Curve-style veSUN model, a deflationary buyback engine funded by sister meme-launchpad SunPump, and TRON-native energy optimisations that materially lower per-swap cost vs. EVM DEXes.

Protocol Metrics

TVL Trend
$636.08M

Related Research

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No related analysis articles found for SUNSwap.

Frequently asked questions about SUNSwap

What is SUNSwap?+

SUNSwap is a DEX protocol operating on Tron. SUNSwap is the dominant decentralized exchange on TRON and the trading layer of the SUN.io ecosystem, spanning four Uniswap-style AMM versions (V1/V2 constant-product, V3 concentrated liquidity, V4 Singleton/Hooks) governed by SUN DAO under a Curve-style veSUN voting model.

How does SUNSwap work?+

SUNSwap ships four parallel AMM versions (V1 CPMM TRX↔TRC-20, V2 generic CPMM, V3 concentrated liquidity, V4 Singleton/Hooks) plus a Curve-style stableswap, governed by SUN DAO via veSUN gauge voting and partly funded by a SunPump-financed SUN buyback-and-burn flywheel.

Is SUNSwap safe?+

DeFi Sentinel rates SUNSwap BB with a safety score of 63/100, indicating elevated risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. SUNSwap has 2 audits on record. DeFi Sentinel's analysis flagged 3 high, 5 medium, 2 low risk alerts across Reputation & Social Trust, Smart Contract & Technical Risk, Governance & Centralization, Economic Design & Market Risk and Sustainability & Competitive Position. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.

What is the safety score of SUNSwap?+

SUNSwap has a DeFi Sentinel safety score of 63/100 (rating BB), last updated September 17, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).

Which chains does SUNSwap support?+

SUNSwap is deployed on Tron.

Has SUNSwap been audited?+

Yes. SUNSwap has 2 audit reports on record from firms including SlowMist, SlowMist. Audit reports and dates are linked under the Resources tab on this page.