HTX and WTRX Capture 75% of SunSwap Trading Volume on TRON

Generated by AI AgentCoin World
Friday, Aug 8, 2025 7:10 am ET1min read
TRX
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Aime RobotAime Summary

- HTX and WTRX dominate 75% of SunSwap’s TRON-based trading volume, signaling concentrated liquidity and shifting user behavior.

- WTRX’s deep liquidity and HTX’s recent surge, potentially driven by TRON incentives, now define SunSwap’s primary trading pairs.

- The dominance raises concerns about reduced token diversity and decentralization risks in TRON’s DeFi ecosystem.

- High-volume pairs offer market efficiency but limit opportunities for traders seeking diversified asset exposure on the platform.

HTX and WTRX have collectively captured approximately 75% of the trading volume on SunSwap, a prominent decentralized exchange (DEX) on the

TRON
blockchain. This shift highlights a concentration of activity into two primary tokens, signaling a transformation in user behavior and liquidity distribution on the platform [1].

WTRX, or Wrapped TRX, has long served as a key driver of trading activity on SunSwap due to its deep liquidity and consistent demand. However, HTX, which was previously known as Huobi Token, has recently surged in popularity, securing a top-tier position in trading volume and pairing with WTRX to dominate the majority of SunSwap’s on-chain activity [1].

On-chain analyst @JA_Maartun noted that HTX’s rapid rise could be attributed to a variety of factors, including potential incentives or broader support from TRON-based platforms. The analyst also emphasized that this development marks a significant shift in SunSwap’s landscape, where the two tokens now collectively account for three-quarters of the platform’s total volume [1].

The dominance of HTX and WTRX has led to a noticeable decline in the presence of other tokens that previously had a more visible role in SunSwap’s trading pairs. This consolidation raises questions about the distribution of liquidity and the potential implications for decentralization and diversity in the DeFi ecosystem on TRON [1].

For DeFi users and TRON supporters, the increased activity around these two tokens may offer both advantages and challenges. A high volume of trading in specific pairs can indicate strong user confidence and efficient market depth. However, it may also reduce opportunities for traders seeking exposure to a wider range of assets or liquidity pools [1].

The trend is expected to remain a key area of focus, particularly if HTX continues to grow or if new entrants begin to challenge the current leadership. For now, HTX and WTRX have firmly established themselves as the core components of SunSwap’s trading activity [1].

Source: [1] HTX and WTRX Control 75% of SunSwap Trading on TRON (https://coinmarketcap.com/community/articles/6895d64cfbf0d76ec0d0a721/)