SUN.io
SUN

$0.03036734

-1.26%
  • Market Cap
    $297,828,897.363
  • 24 Hour Trading Vol
    $26,952,075.355
  • Fully Diluted Valuation
    $604,332,265.979
  • Circulating Supply
    9,822,285,972
  • Total Supply
    19,900,730,000
  • Max Supply
    19,900,730,000
SUN.io
SUN is the first integrated platform for stablecoin swap, stake-mining, and self-governance on TRON
Socials
Category
DeFi
SUN.io Converter
SUN
1 SUN = $0.03036734
SUN Statistics
  • SUN.io Price
    $0.03036734
  • Trading Volume
    $26,952,075.355
  • Market Cap
    $297,828,897.363
SUN.io Price Chart (SUN)

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24h
7d
30d
3M
1Y
YTD
-1.26%
+32.46%
+69.25%
+8.57%
+296.53%
+268.27%
About SUN.io

SUN.io was created to promote TRON’s DeFi ecosystem to a wider audience, in part as a social experiment. The SUN.io platform’s primary focus is building a DEX platform that leverages multiple transaction protocols. The platform facilitates on-chain token swaps, liquidity mining, stablecoin swaps and also features a DAO. SunSwap, the platform’s DEX, was created in 2020.

SUN is the platform’s native cryptocurrency and plays a role in platform governance, liquidity provider rewards, as well as buy back and burn rewards. SUN runs on TRON’s TRC-20 standard.

What are Sun’s key features and how does it work?

SUN.io’s flagship product is SunSwap. SunSwap functions as an exchange protocol for tokens of the TRC20 standard. SunSwap operates with an AMM (Automated Market Maker) model. This differs from more traditional financial exchanges which tend to operate with an order book. With an AMM model, a constant-product mathematical formula is used to determine asset prices, in this manner, transactions are done automatically and trading pair liquidity can be maintained.

The price of tokens is determined by the total number of tokens in each pool.The smart contract maintains a constant function with the formula: x*y=k, where x = token1, y = token2, and k = a constant number.  A swap is done when replacing some of the tokens with a certain number of the other token in a given pool. As k remains unchanged, balances of the tokens will be updated accordingly, which leads to changes in prices. All trading fees gathered go towards liquidity providers of the protocol

Any user can create their own trading pair pool, one of the tokens being TRX. Users are rewarded for interacting with the protocol via staking and providing liquidity. SUN holders are also entitled to take part in the platform’s governance. For example, by proposing and voting on changes to the SUN.io’s developments.

Where can you buy SUN?

SUN is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Huobi Global, OKX, and Binance. The price of SUN will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for SUN market price, please view the price charts on this page.

SUN.io Markets
ExchangePairLast PriceChange (24H)High (24h)Low (24h)SpreadVolume (24h)

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