SunX BTC Perp Volume Surges Past $350M in a Single Day

Decentralized perpetual trading platform Sun Wukong (SunX) is seeing a sharp acceleration in activity. According to official data, BTC perpetual contract trading volume exceeded $350 million USDT in one day, marking a 52% jump from the previous period.

This surge has pushed SunX’s cumulative trading volume beyond $16 billion, while DeFiLlama data now ranks the platform 11th among all Perp DEXs by 24-hour volume — a notable milestone in a highly competitive segment.

Momentum is being reinforced by SunX’s Phase 2 trading mining campaign, which features a $1.35 million prize pool. Participants trading BTC/USDT, ETH/USDT, and SUN/USDT perpetuals receive SUN token rewards on top of a full refund of trading fees, significantly lowering participation costs.

The combination of rising organic volume, incentive-driven liquidity, and improved rankings suggests SunX is actively carving out space in the perp DEX landscape. The next test will be whether this activity sustains once incentives normalize — or if SunX can convert momentum into sticky trader demand.

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