Sun [New] price of $0.014805 is up 0.45% in the last 24 hours and down -4.28% in the last 7 days. Price is down -66.97% from ATH of $0.04481978 from Aug 25, 2024, and down 35.88% from 52-week high of $0.023091. Short-term trend is Strong Down while Medium-term trend is Strong Down and Long-term trend is Strong Down. Near-term momentum is Bearish based on MACD Signal Line crossover and Bearish based on RSI-14 center line crossover (RSI < 50). Price is Oversold currently, based on RSI-14 levels (RSI < 30).
Sun [New] (also referred to as "Sun Token" / "SUN (New)") (SUN) is the native token of SUN.io, an integrated DeFi platform on TRON (TRC-20).
SUN.io combines a decentralized exchange (SunSwap), a token launchpad (SunPump), a perpetuals product (SunX, formerly SunPerp), and a governance layer (SUN DAO), all operating within the TRON ecosystem founded by Justin Sun. As of 2026-08-31, SUN traded near $0.0165 with a market capitalization of roughly $318 million.
SUN's value accrual is anchored in a buyback-and-burn model funded directly by protocol revenue rather than token emissions alone.
100% of revenue from SunPump and SunX, plus a portion of SunSwap trading fees, is used monthly to buy back and burn SUN, tying token scarcity to platform usage rather than a fixed supply schedule. SUN.io's DeFi platform carried roughly $640 million in total value locked with about $440 million in 7-day trading volume as of late July 2026.
SUN functions as both a governance and utility token, primarily through its vote-escrow "veSUN" mechanism.
SUN has a total supply of approximately 19.9 billion tokens, of which about 19.22 billion were in circulation as of 2026-08-31.
SUN originally launched in September 2020, as SUNOLD, through a Genesis Mining program in which users staked TRX to earn SUN, rather than a traditional ICO or IEO.
In May 2021 (2021-05-24/26), the token's total supply was split 1:1000, from roughly 19.9 million to 19.9 billion tokens, and migrated to a new contract — the "Sun [New]" contract tracked today — with market capitalization held constant through the split. That contract was deployed 2021-05-24, nearly eight months after SUN's original 2020 launch.
SUN is deployed on the TRON blockchain as a TRC-20 token, at contract address TSSMHYeV2uE9qYH95DqyoCuNCzEL1NvU3S.
It runs atop TRON's existing network infrastructure rather than a dedicated chain or validator set of its own.
SUN.io's driving force is Justin Sun, founder of the TRON blockchain (2017), rather than a publicly disclosed corporate team.
Justin Sun is also founder/advisor of the Poloniex and HTX (formerly Huobi) exchanges. Per the project's own framing, SUN carries "zero VC investment, zero PE investment, no pre-mining or reserve for the team" and is described as operated by the community through open-source smart contracts.
SUN.io, described as TRON's flagship integrated DeFi platform, maintains and develops the SUN token, operating within the broader TRON ecosystem founded by Justin Sun.
Its product suite spans SunSwap (DEX), SunPump (launchpad), SunX (perpetuals), and the SUN DAO governance layer.
SUN is governed on-chain through a vote-escrow model in which holders lock SUN for veSUN, a non-transferable voting-power token.
veSUN holders vote on governance proposals and on liquidity-pool gauge weights that direct SUN emissions, and holders above a set veSUN threshold can submit proposals themselves. The formal governance body, SUN DAO, was established by TRON DAO as "the official SUN community governance committee," launched July 31, 2024.
SUN.io launched a public buyback-and-burn dashboard on April 22, 2026, letting users track how protocol revenue converts into token burns.
In August 2026, TRON's flagship tokens JST, SUN, BTT, and WIN jointly rolled out upgraded buyback-and-burn mechanisms, reported as TRON entering a "deflationary era."
SunSwap, the SUN.io DEX component, holds a CertiK Skynet composite security score of 81/100 (Grade A), though CertiK states it has not itself conducted a formal audit.