As on-chain derivatives continue to expand at record pace, the perpetual DEX sector has entered a phase of intensifying competition. This environment is characterized by record volumes, growing demand for market depth, and heightened user sensitivity toward fees. Against this backdrop, SunX officially launched its “Trade to Earn” campaign. Leveraging an innovative and highly compelling negative-fee incentive, the event has triggered a surge in activity across the ecosystem.

Explosive Growth: Users Flock to Zero-Cost Trading

According to operational data released by SunX, as of 09:00 on December 2 (UTC), the event has driven over 410 million USDT in cumulative trading volume within just a few days of launch. In a market where competition among perpetual DEXs is reaching new highs, the figure underscores both traders’ strong appetite for low-cost trading on-chain and SunX’s accelerating momentum in liquidity capture and user engagement.

The incentive results have also drawn strong attention. Since the event launch, SunX has distributed 3,939,056 $SUN as rewards (valued at approximately 82,484 USDT), while simultaneously helping users save 76,853 USDT in trading fees. For traders primarily engaged in high-frequency trading and strategy trading, the negative-fee model dramatically improves both their cost efficiency and engagement.

Fixing Pain Point of Trading Fees: Maker and Taker Subsidies

Gas costs and trading fees have long been the primary barriers limiting high-frequency traders on on-chain derivatives platforms. SunX is addressing this head-on by transforming trading costs into tangible, immediately realizable returns through a mining-driven incentive mechanism that naturally fosters market depth and liquidity.

According to the event, participants who trade perpetual futures in BTCUSDT, ETHUSDT, and SUNUSDT will receive a full rebate of all their trading fees, plus additional rewards in $SUN token.

●      Maker rewards reach 110%, driving deeper order books

●      Taker rewards climb to 107%, lifting turnover and overall market vitality.

To ensure fairness and sustainability, the campaign introduces a 500 USDT equivalent hourly reward cap per user, a 90,000 USDT daily prize pool, and a total prize pool of 1,350,000 USDT. In effect, the “trading is earning” model converts every trading fee on the platform into an instant gain.

Deflationary Engine: Fee Revenue Fully Used for Buyback and Burn

Despite distributing substantial rewards, SunX has also reinforced its long-term economic architecture for the $SUN token.

The platform confirms that all fee revenue generated from registered participants will be used entirely for $SUN buybacks and burns scheduled at the end of each quarter.

The buyback-and-burn model channels the campaign’s surging trading volume directly into a real purchasing engine for $SUN. This supports the token’s long-term appreciation while aligning incentives among traders, token holders, and the platform itself.

Final Stretch: Campaign Ends December 6

The first phase of the “Trade to Earn” campaign is now in its final stage and will officially conclude at 12:00 on December 6, 2025 (UTC).

With perpetual DEX trading volumes reaching all-time highs, SunX’s negative-fee subsidies have emerged as one of the most cost-effective and liquidity-rich opportunities available to on-chain traders. For investors seeking deep liquidity and low slippage, the current remains an advantageous moment to participate before incentives expire.

About SunX

SunX is the TRON ecosystem’s first native decentralized perpetual futures exchange. It aims to integrate the smooth experience and security of centralized exchanges with the asset sovereignty of decentralized finance to build a new generation of on-chain derivatives infrastructure. With core advantages including the lowest fees, 0 gas trading, secure on-chain custody, high-performance matching, full-chain liquidity integration, and intelligent risk management, the platform is committed to providing fair, efficient, and free DeFi derivatives trading services to global users.

As a strategic pivot for TRON’s evolution of its on-chain financial system, SunX is leading a profound financial paradigm shift, propelling the crypto market toward genuine inclusivity and openness.

For more information about SunX, please visit www.sunx.io

The post SunX “Trade to Earn” Debuts and Hits $410M in Trading Volume,  as Negative-Fee Incentive Ignites Perp DEX Market appeared first on BeInCrypto.

VerifiedX (VFX) network, the people’s network and a decentralized global leader in self-custody and Web3 wallet financial infrastructure powering institutional and consumer-grade blockchain utility and Blockdaemon a leading U.S.- headquartered institutional-grade crypto infrastructure company, today announced a major first-mover strategic partnership. Together, Blockdaemon and VerifiedX will now deliver a new era of accessible, scalable, and secure decentralized finance (DeFi) for everyday users around the world.

This collaboration integrates Blockdaemon’s battle-tested institutional tooling directly into VerifiedX’s products, including the VFX SwitchBlade Wallet and the Butterfly social payment platform, giving consumers seamless access to rewards, borrowing, lending, and other advanced DeFi capabilities, without the complexity of traditional Web3 interfaces or custody requirements.

Democratizing Blockchain Finance for All

Through this partnership, VerifiedX and Blockdaemon will empower users to save, spend, pay, earn rewards, and access credit in an intuitive, compliant, and fully self-custodial way.

Key benefits include:

• Institutional-Grade DeFi for Consumers

Blockdaemon’s staking, node, and liquidity infrastructure, which is utilized by banks, exchanges, and asset managers, will now be embedded directly into VerifiedX’s user-facing apps. Users gain access to the same professional-grade tools previously reserved for institutions.

• Seamless Reward Generation

Users will be able to generate rewards on Bitcoin, stablecoins, and other supported assets directly within SwitchBlade and Butterfly, with one-tap actions that abstract away technical complexity.

 Borrowing and Lending Made Effortless

• VerifiedX will unlock decentralized borrowing and lending rails, letting consumers borrow against their assets and access on-chain credit markets using simplified, consumer-friendly interfaces powered by Blockdaemon’s backend.

• Self-Custodial, Frictionless Access

All features remain fully self-custodial and on-chain, where users retain ownership of their assets while benefiting from VerifiedX’s universal settlement layer and simple UX, and Blockdaemon’s infrastructure.

•  A Unified Financial Experience

These DeFi capabilities will live inside both the VFX SwitchBlade wallet and the Butterfly social payment app, allowing users to save and earn rewards, send money globally in seconds, pay merchants or friends, borrow or lend, and hold crypto or stablecoins.

• Move between fiat and digital assets
  All with a username and password, without managing private keys, seed phrases, or complex DeFi dashboards.

A Partnership Built to Scale

The collaboration is designed to grow into emerging areas of blockchain finance as VerifiedX and Blockdaemon continue to innovate. The roadmap includes:

• New staking and reward generating markets powered by Blockdaemon’s node network
• Cross-chain liquidity tools optimized for mainstream users
• Expanded institutional access so banks, fintechs, and enterprises can integrate VerifiedX rails backed by Blockdaemon’s compliance and infrastructure
• Advanced on-chain financial products, including tokenized assets and high-security settlement rails
• Global scaling, enabling VerifiedX to serve millions of users with Blockdaemon’s cloud-native, globally distributed architecture

Both ecosystems see this as the beginning of a long-term technical and strategic alignment, with ongoing integration points across wallets, payments, social apps, and decentralized finance.

The VerifiedX Foundation, said:

“Our pursuit was always to make blockchain finance simple, self-custodial, safe, accessible, and usable for everyone. Partnering with Blockdaemon brings institutional-grade infrastructure directly into the hands of everyday people with zero friction. Together we are redefining how users save, earn, borrow, and pay—without intermediaries, complexity, or barriers.”

“Our infrastructure has long served institutions that demand precision and reliability. Integrating it into VerifiedX now offers that same standard to consumers, making decentralized finance both safer and more accessible without compromising on performance or compliance,” said Demetrios Skalkotos, Chief DeFi and Protocols Officer at Blockdaemon.

About VerifiedX

VerifiedX – VFX (VerifiedX.IO) is the people’s network, a next-generation decentralized protocol that is both a universal layer 1 and a Bitcoin specific reliever chain, focused on trust, transparency, freedom, independence, and deflationary economics. Through products like SwitchBlade and the Butterfly social payment platform, VerifiedX makes saving, spending, storing, tokenizing,  earning yield, and accessing credit simple and user-first—all while remaining completely self-custodial empowering everyone to be their own bank.

Learn more at VerifiedX.io

About Blockdaemon

Blockdaemon is the institutional gateway to Web3, securing over $110B in digital assets for 400+ institutions, including exchanges, custodians, crypto platforms, and financial enterprises. Blockdaemon offers institutional-grade blockchain infrastructure spanning nodes, APIs, staking, MPC wallets and vaults. Since 2017, its globally distributed infrastructure ensures unrivaled security, compliance, and scalability.

For more information visit: www.blockdaemon.com

The post VerifiedX and Blockdaemon Announce Strategic Partnership to Bring Scalable DeFi Access Globally  appeared first on BeInCrypto.