Awe of the market and adherence to long-termism: Sun Wukong builds the "latest, best, and most stable" contract platform with a deep doubling momentum

2025-10-18 17:12:45

Collection

On October 15th, a X Space event of Sun Wukong, the world's first Chinese decentralized contract trading platform, once again attracted the attention of the crypto market.

On October 15, the world's first Chinese decentralized contract trading platform, Sun Wukong, attracted attention in the crypto market with another X Space event. Project advisor Sun Yuchen gathered with many well-known KOLs such as Liang Xi and Zishi to engage in in-depth discussions on the market landscape after extreme market conditions, platform product progress, and future ecological strategies.

$200 Million "Together Plan" Co-Creation Fund: "You Are Not Alone in This Fight"

During the live broadcast, Sun Yuchen announced the highly anticipated major news—Huobi HTX and Sun Wukong will each invest $100 million to establish the "Together Plan" co-creation fund, aimed at supporting crypto users who suffered losses during the recent black swan event, helping them rebuild confidence and weather the storm together.

The eligibility for this co-creation fund is not restricted by platform or blockchain network. Users from decentralized platforms such as Hyperliquid, Aster, Lighter, GMX, or other centralized exchanges can apply for corresponding subsidies based on their losses, with subsidy amounts ranging from 5 USDT to 5,000 USDT.

Sun Yuchen stated, "This initiative is the team's way of showing concern for users, telling everyone through concrete actions: You are not alone in this fight."

Comprehensively Launching Multi-Chain Layout: Making Trading More Flexible and Efficient

In the live broadcast, Sun Yuchen reported the latest progress of the Sun Wukong platform to the community.

He revealed that one of the most significant product updates this week is that the platform has officially supported deposits and trading for multiple mainstream public chains, including TRON, Ethereum, BNB Chain, and Arbitrum, and plans to continue expanding its multi-chain ecosystem at a pace of "adding two chains each week."

In addition, Sun Wukong will soon launch opening functions for various stablecoins such as USDC and USDD, further enhancing the flexibility of currencies and the efficiency of capital utilization.

Sun Yuchen stated, "Through a multi-chain layout, users can manage assets across chains, achieving a more efficient trading experience; supporting multi-currency trading allows users to freely choose stablecoins for contract operations, thereby reducing trading risks and optimizing capital liquidity."

Deepening Platform Liquidity: Dual Optimization of Performance and Experience

In response to user concerns about liquidity and slippage, Sun Yuchen revealed that the Sun Wukong platform has officially introduced market makers and funding support, significantly enhancing overall liquidity. Data shows that as of October 16, the trading depth of Sun Wukong has doubled, with BTC depth at 0.1%, 0.3%, and 0.5% increasing by 203%, 271%, and 253%, respectively, and ETH depth at 0.1%, 0.3%, and 0.5% increasing by 240%, 165%, and 159%.

"In response to user feedback, we will promptly collect and implement improvements, whether in product functionality or user experience optimization," said Sun Yuchen.

It is worth mentioning that during the market's severe fluctuations on October 11, both Sun Wukong and Huobi HTX demonstrated stable performance, with no downtime or trading interruptions. For the newly launched Sun Wukong, this extreme market situation was undoubtedly a "stress test," and the platform successfully passed the test with its stable system architecture; for Huobi HTX, the price corrections of the currencies on the platform were significantly lower than those on most exchanges, reflecting the robustness and risk resistance of its mature trading system.

"Extreme market conditions are the best touchstone," emphasized Sun Yuchen. "We will always maintain a sense of reverence and will continue to focus on deepening construction and optimizing user experience in the future, filling gaps, improving functionalities, and accelerating the pace of new currency launches to provide users with more diversified trading options and market opportunities."

From Stability to Innovation, Sun Wukong Moves Towards Long-Termism

Currently, the Sun Wukong platform has launched multiple user welfare policies to continuously lower trading thresholds and enhance asset yield experiences:

The lowest trading fees in the network, with a maximum fee reduction of 55%;
12% annualized yield, USDT automatically earning interest, no lock-up, no freezing, no limits;
20% lifetime commission, both parties enjoy trading dividends when inviting friends;
First-time deposit and trading rewards, depositing or trading ≥100 USDT can receive 70 SUN tokens, with 100% refund of the Gas fee for the first Approval.

Sun Yuchen introduced that in the future, activities such as points mining and trading mining will be gradually launched to enhance user participation and community activity. Meanwhile, the platform plans to integrate mainstream wallets such as MetaMask and Binance Wallet to support one-click trading on H5, further broadening traffic entry and building a more convenient and efficient user ecosystem.

"We hope that through a robust mechanism and innovative design, Sun Wukong will grow into a long-term reliable, stable, and efficient contract trading platform, becoming the 'latest, best, and most stable' industry benchmark, providing safe, convenient, and diversified trading experiences for global Chinese traders."