"You are not fighting alone."

On October 15, the world's first Chinese decentralized contract trading platform, Sun Wukong, held an X Space that once again attracted the attention of the crypto market. 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 Fighting Alone"

During this 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 to support crypto users who suffered losses during the recent black swan event, helping them rebuild confidence and weather the storm.

The eligibility for this co-creation fund is not restricted by platform or blockchain network. Regardless of whether users come from decentralized platforms like Hyperliquid, Aster, Lighter, GMX, or other centralized exchanges, they can apply for corresponding subsidies based on their loss situation, with subsidy amounts ranging from 5 USDT to 10,000 USDT.

Sun Yuchen stated, "This action is the team's way of showing concern for users, telling everyone with practical actions: You are not fighting alone."

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 for Sun Wukong 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 ecological layout at a pace of "adding two chains each week."

In addition, Sun Wukong will soon launch various stablecoin opening functions 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."

Deeply Doubling Performance, Optimizing Both Performance and Experience

In response to user concerns about depth and slippage, Sun Yuchen revealed that the Sun Wukong platform has officially introduced market makers and capital support, significantly enhancing overall depth. 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%.

"Based on user feedback, we will promptly collect and implement improvements, whether in product functionality or user experience optimization," Sun Yuchen stated.

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 condition was undoubtedly a "stress test," and the platform successfully withstood the test thanks to its stable system architecture; for Huobi HTX, the price corrections of the currencies on the platform were significantly lower than those of most exchanges, with overall volatility being the mildest, fully reflecting the robustness and risk resistance of its mature trading system.

"Extreme market conditions are the best touchstone," Sun Yuchen emphasized. "We will always maintain a sense of reverence and will continue to focus on depth construction and user experience optimization in the future, addressing shortcomings, improving functionalities, and accelerating the pace of new currency listings 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 entire 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 rebate, 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% of the Gas fee for the first Approval refunded.

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. At the same time, the platform plans to integrate mainstream wallets such as MetaMask and Binance Wallet, supporting one-click trading on the H5 end, further broadening traffic entry and building a more convenient and efficient user ecosystem.

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

About Sun Wukong (SunPerp)

Sun Wukong (SunPerp) is the world's first Chinese decentralized perpetual contract trading platform, aiming to integrate the smooth experience and security of centralized exchanges with the asset sovereignty of decentralized finance, creating a new generation of on-chain derivatives infrastructure. The platform focuses on a Chinese interactive experience, offering the lowest rates in the entire network, 0 Gas trading, on-chain secure custody, high-performance matching, full-chain liquidity integration, and intelligent risk control mechanisms, dedicated to providing friendly, fair, efficient, and free DeFi derivative trading services for Chinese-speaking traders.

As the first decentralized trading platform designed to meet the trading habits of Chinese users, Sun Wukong aims to promote the natural coexistence of Eastern culture and decentralized technology with an open mindset.

For more information about Sun Wukong, please visit www.sunwukong.io; for further inquiries, please contact market@sunperp.co

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