{"id":"sunpump","title":"SunPump","content":"**SunPump** is a memecoin launchpad on the [TRON](https://iq.wiki/wiki/tron) network launched by Sun.io, a [DeFi](https://iq.wiki/wiki/defi) platform linked to [Justin Sun](https://iq.wiki/wiki/justin-sun), the founder of [TRON](https://iq.wiki/wiki/tron). It enables users to create their own [memecoins](https://iq.wiki/wiki/memecoins) without requiring coding knowledge. [\\[1\\]](#cite-id-twPCLYxBmK)\n\n![](https://ipfs.everipedia.org/ipfs/QmNQQJCgVT9TMRcbaHcF3U4Uu5st4jJeXwGdAGoLgoxryK)\n\n## Overview\n\nSunPump was officially launched on August 13, 2024 on the [TRON](https://iq.wiki/wiki/tron) [blockchain](https://iq.wiki/wiki/blockchain). The platform was developed to capitalize on the growing [memecoin](https://iq.wiki/wiki/memecoins) trend that has seen significant success on other [blockchains](https://iq.wiki/wiki/blockchain). SunPump aims to provide [TRON](https://iq.wiki/wiki/tron) users with a simple way to create and launch meme tokens through an intuitive interface that requires no coding experience. [\\[1\\]](#cite-id-twPCLYxBmK)\n\nThe platform emerged as a direct competitor to [Pump.Fun](https://iq.wiki/wiki/pumpfun), which had previously established itself as a dominant [memecoin](https://iq.wiki/wiki/memecoins) launchpad on other networks. By bringing similar functionality to the [TRON](https://iq.wiki/wiki/tron) ecosystem, SunPump seeks to capture market share in the rapidly expanding memecoin sector while leveraging [TRON's](https://iq.wiki/wiki/tron) high transaction throughput and low fees. [\\[1\\]](#cite-id-twPCLYxBmK) [\\[10\\]](#cite-id-sZx30KP9WK) [\\[9\\]](#cite-id-803qAZ9Fhz)\n\n## Key Features\n\nSunPump offers several core features designed to make [memecoin](https://iq.wiki/wiki/memecoins) creation and trading accessible:\n\n* **No-code token creation**: Users can create their own [memecoins](https://iq.wiki/wiki/memecoins) with just a few clicks without requiring any programming knowledge [\\[1\\]](#cite-id-twPCLYxBmK)\n* [**Bonding curve**](https://iq.wiki/wiki/bonding-curve) **mechanism**: Implements a pricing mechanism where token prices increase with each purchase based on a predefined formula, aiming to ensure continuous liquidity [\\[1\\]](#cite-id-twPCLYxBmK)\n* **Automatic liquidity provision**: When a project reaches 100% of the bonding curve for $69,420, the [smart contract](https://iq.wiki/wiki/smart-contract) automatically deposits approximately 100,000 TRX and the remaining 200 million tokens into the SunSwap V2 [liquidity pool](https://iq.wiki/wiki/liquidity-pool) [\\[2\\]](#cite-id-Ba5q6riIGq)\n* **Flexible trading options**: Allows users to sell their tokens at any time, whether to secure profits or minimize losses [\\[1\\]](#cite-id-twPCLYxBmK) [\\[7\\]](#cite-id-McqHn1Pu21) [\\[9\\]](#cite-id-803qAZ9Fhz)\n\n## **SunPump x HTX**\n\n![](https://ipfs.everipedia.org/ipfs/QmRkqqwNvP2zonquHW1HwdbhWKxR46ZNGe3xoPHuZkNZDx)\n\nSunPump is integrated with the [TRON](https://iq.wiki/wiki/tron) [blockchain](https://iq.wiki/wiki/blockchain) and [HTX](https://iq.wiki/wiki/huobi) (formerly Huobi), creating a multi-layered interaction that connects platform transactions, token economics, and liquidity mechanisms. A 1% transaction fee on SunPump is paid in TRX and subsequently burned, reducing its circulating supply and reinforcing [TRON’s](https://iq.wiki/wiki/tron) deflationary model.\n\nWhen SunPump's internal liquidity reaches capacity, user can trade shifts to SunSwap, a [TRON](https://iq.wiki/wiki/tron)-based [decentralized exchange](https://iq.wiki/wiki/decentralized-exchange). Fees from these trades are used to repurchase and burn SUN tokens. Due to SUN's connection with [HTX](https://iq.wiki/wiki/huobi), this activity can also lead to indirect reductions in [HTX](https://iq.wiki/wiki/huobi) token supply. This system establishes a feedback loop among SunPump, [TRON](https://iq.wiki/wiki/tron), and [HTX](https://iq.wiki/wiki/huobi), aligning their economic incentives and reinforcing their interconnected ecosystems. [\\[8\\]](#cite-id-KNTQVdoXJY)\n\n## Initial Success and Growth\n\n![](https://ipfs.everipedia.org/ipfs/QmY9PzC1scvKzsd6hmwqLoXTjJbJPAyy1TsA5grk2RtBRX)\n\nShortly after its launch, SunPump began attracting users and seeing the creation of new [memecoins](https://iq.wiki/wiki/memecoins):\n\n* **Sundog (SUNDOG)**: One of the first tokens launched on the platform, reaching a $53.4 million market cap within just eight hours of launch, according to [CoinGecko](https://iq.wiki/wiki/coingecko) data [\\[1\\]](#cite-id-twPCLYxBmK)\n* **Suncat (SUNCAT)**: Another early token that grew to a $2.2 million market cap shortly after launching [\\[1\\]](#cite-id-twPCLYxBmK)\n* Some other notable coins include:\n  * **Tron Bull (TBULL):** Price of $0.002355 + market cap of $2.35M\n  * **Fofar (FOFAR):** Price of $0.001433 + market cap of $1.43M\n  * **Tron Inu (TINU):** Price of $0.001156 + market cap of $1.15M\n  * **Safesun (SFX):** Price of $0.00004359 + market cap of $43.59K\n\nDue to high demand, [Justin Sun](https://iq.wiki/wiki/justin-sun) announced that SunPump had begun upgrading its server capacity tenfold to efficiently manage the increasing traffic on the platform [\\[3\\]](#cite-id-2SgBUamJav) [\\[10\\]](#cite-id-sZx30KP9WK)\n\n## Tokenomics\n\nThe $SUN token functions as the governance and utility asset of the SUN.io platform, [TRON’s](https://iq.wiki/wiki/tron) integrated ecosystem for [stablecoin](https://iq.wiki/wiki/stablecoin) swaps, [liquidity mining](https://iq.wiki/wiki/liquidity-mining), and decentralized governance. Following its redenomination, the SUN token was restructured to serve multiple roles, enabling holders to participate in protocol governance, access staking incentives, and benefit from value capture mechanisms within the platform. Its design parallels governance tokens like [CRV (Curve DAO)](https://iq.wiki/wiki/curve-dao-token) and EPS (Ellipsis), supporting community-led decision-making and incentivized participation.  [\\[11\\]](#cite-id-v7lyDgac49) [\\[12\\]](#cite-id-KhdSXf0vtb) [\\[13\\]](#cite-id-2BYWisZ0Jg)\n\n**Allocation**\n\n![](https://ipfs.everipedia.org/ipfs/QmNNS7oFLyxpz7FxrAdPPh8rm72jAkpKsoHiQeTF9VHGkk)\n\n### veSUN\n\nveSUN is a vote-escrowed token obtained by locking SUN tokens for a specified duration, ranging from 26 weeks to a maximum of 4 years. All SUN tokens locked under this system are scheduled to unlock simultaneously at a user-selected expiration date. The amount of veSUN a user receives is proportional to both the number of SUN tokens locked and the remaining lock duration, with full 1:1 conversion only achieved through a 4-year lock.\n\nHolding veSUN grants users several benefits. These include eligibility for weekly TUSD rewards, calculated from 50% of [stablecoin](https://iq.wiki/wiki/stablecoin) pool fees based on veSUN holdings. veSUN holders can also boost their [mining](https://iq.wiki/wiki/mining) rewards in [liquidity pools](https://iq.wiki/wiki/liquidity-pool) using a dynamic multiplier. Additionally, veSUN allows users to vote on [liquidity pool](https://iq.wiki/wiki/liquidity-pool) weight distributions, which are determined weekly through snapshots taken every Thursday at 08:00 SGT. [\\[14\\]](#cite-id-AUIKe80V2y)\n\n## Incentive Program\n\nTo encourage adoption and growth, [TRON](https://iq.wiki/wiki/tron) and SunPump launched a $10 million meme-focused incentive program specifically for tokens launched on the platform [\\[4\\]](#cite-id-mozJnvWVGg). This program aims to:\n\n* Stimulate the creation of new [memecoins](https://iq.wiki/wiki/memecoins) on the [TRON](https://iq.wiki/wiki/tron) network\n* Increase trading volume and liquidity for SunPump-launched tokens\n* Attract users from other [blockchain](https://iq.wiki/wiki/blockchain) ecosystems to the [TRON](https://iq.wiki/wiki/tron) network\n\n## Risks and Considerations\n\n* **Potential for rug pulls**: Malicious actors may create tokens, purchase a large portion of the supply, and then sell off their holdings once the price has been pumped by other users [\\[1\\]](#cite-id-twPCLYxBmK)\n* **Market volatility**: [Memecoins](https://iq.wiki/wiki/memecoins) are typically subject to extreme price fluctuations\n* **Regulatory uncertainty**: The regulatory status of [memecoins](https://iq.wiki/wiki/memecoins) and token launchpads remains unclear in many jurisdictions\n\n## Tron Network Performance\n\nThe launch of SunPump coincided with strong performance metrics for the [TRON](https://iq.wiki/wiki/tron) network:\n\n* On August 5, 2024, the [TRON](https://iq.wiki/wiki/tron) network recorded 8 million daily transactions, marking a new year-to-date high [\\[5\\]](#cite-id-Y3y2R4n6W0)\n* The price of TRX, [TRON's](https://iq.wiki/wiki/tron) native [cryptocurrency](https://iq.wiki/wiki/cryptocurrency), showed stability during this period, trading at approximately $0.13 as of mid-August 2024 [\\[6\\]](#cite-id-eZwRl0FuEu)","summary":"SunPump is a memecoin launchpad on the Tron network, launched by Justin Sun, allowing users to create memecoins easily.","images":[{"id":"QmWjA4Uuta4mhbpGRtfGJj3tG9QXVrs15LPs4XwwjSoxAa","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"cryptocurrencies"}],"tags":[{"id":"Memecoins"}],"media":[{"id":"QmY9PzC1scvKzsd6hmwqLoXTjJbJPAyy1TsA5grk2RtBRX","name":"1_uB3sj1FiP5NtOPCqYdLMOg.webp","caption":"","thumbnail":"QmY9PzC1scvKzsd6hmwqLoXTjJbJPAyy1TsA5grk2RtBRX","source":"IPFS_IMG"},{"id":"QmRkqqwNvP2zonquHW1HwdbhWKxR46ZNGe3xoPHuZkNZDx","name":"Screen Shot 2025-05-01 at 12.30.07 PM.png","caption":"","thumbnail":"QmRkqqwNvP2zonquHW1HwdbhWKxR46ZNGe3xoPHuZkNZDx","source":"IPFS_IMG"},{"id":"QmNQQJCgVT9TMRcbaHcF3U4Uu5st4jJeXwGdAGoLgoxryK","name":"651a3baecfff4d8e8f454fcb7f1d4c0b.jpeg","caption":"","thumbnail":"QmNQQJCgVT9TMRcbaHcF3U4Uu5st4jJeXwGdAGoLgoxryK","source":"IPFS_IMG"},{"id":"QmNNS7oFLyxpz7FxrAdPPh8rm72jAkpKsoHiQeTF9VHGkk","name":"image (2).webp","caption":"","thumbnail":"QmNNS7oFLyxpz7FxrAdPPh8rm72jAkpKsoHiQeTF9VHGkk","source":"IPFS_IMG"}],"metadata":[{"id":"website","value":"https://sun.io"},{"id":"discord_profile","value":"https://discord.gg/sunio"},{"id":"telegram_profile","value":"https://t.me/sunio"},{"id":"twitter_profile","value":"https://x.com/sunpumpmeme"},{"id":"github_profile","value":"https://github.com/sunswapteam"},{"id":"references","value":"[{\"id\":\"twPCLYxBmK\",\"description\":\"The Defiant: 'Justin Sun Launches PumpFun Rival SunPump'\",\"timestamp\":1746067867618,\"url\":\"https://thedefiant.io/news/defi/justin-sun-launches-pump-fun-rival-sunpump\"},{\"id\":\"Ba5q6riIGq\",\"url\":\"https://docs.sun.io/get-start/sunpump/service-fees\",\"description\":\"SunPump Documentation\",\"timestamp\":1746067867618},{\"id\":\"2SgBUamJav\",\"url\":\"https://x.com/justinsuntron/status/1824358037861351451\",\"description\":\"Justin Sun's Tweet\",\"timestamp\":1746067867618},{\"id\":\"mozJnvWVGg\",\"url\":\"https://x.com/sunpumpmeme/status/1824037165061357585\",\"description\":\"SunPump Announcement\",\"timestamp\":1746067867618},{\"id\":\"Y3y2R4n6W0\",\"url\":\"https://tokenterminal.com/terminal/projects/tron?v=ZjEyY2Qz\",\"description\":\"TokenTerminal Data\",\"timestamp\":1746067867618},{\"id\":\"eZwRl0FuEu\",\"url\":\"https://thedefiant.io/prices/tron\",\"description\":\"The Defiant Price Feed\",\"timestamp\":1746067867618},{\"id\":\"McqHn1Pu21\",\"description\":\"Bloomingbit: 'Justin Sun Unveils AI-Based Token Issuance Feature on SunPump'\",\"timestamp\":1746239963877,\"url\":\"https://bloomingbit.io/en/feed/news/80513\"},{\"id\":\"KNTQVdoXJY\",\"description\":\"Odaily News: 'The power of breakthrough growth: SunPump’s multi-dimensional impact on Huobi HTX platform and $HTX coin price'\",\"timestamp\":1746240017092,\"url\":\"https://www.odaily.news/en/post/5197868\"},{\"id\":\"803qAZ9Fhz\",\"description\":\"Coin Telegraph: 'SunPump Beta launches on TRON, driving innovation in meme coin development'\",\"timestamp\":1746240042605,\"url\":\"https://cointelegraph.com/press-releases/sunpump-beta-launches-on-tron-driving-innovation-in-meme-coin-development\"},{\"id\":\"sZx30KP9WK\",\"url\":\"https://medium.com/@CoinPedia\\\\_Markets/justin-sun-launches-tron-memecoin-launchpad-sunpump-here-are-the-trending-tron-based-memecoins-3fc60781f30c\",\"description\":\"Medium: 'Justin Sun launches Tron Memecoin Launchpad ‘SunPump’ –Here are The Trending Tron-based Memecoins'\",\"timestamp\":1752697951794},{\"id\":\"v7lyDgac49\",\"description\":\"Sun Docs: Tokenomics\",\"timestamp\":1752698517094,\"url\":\"https://docs.sun.io/get-start/tokenomics/sun-tokenomics\"},{\"id\":\"KhdSXf0vtb\",\"description\":\"CoinGecko: SUN Token\",\"timestamp\":1752698538242,\"url\":\"https://www.coingecko.com/en/coins/sun-token\"},{\"id\":\"2BYWisZ0Jg\",\"description\":\"CMC: SUN Token\",\"timestamp\":1752698556106,\"url\":\"https://coinmarketcap.com/currencies/sun-token/#About\"},{\"id\":\"AUIKe80V2y\",\"description\":\"SUN Docs: veSUN\",\"timestamp\":1752698762903,\"url\":\"https://docs.sun.io/get-start/tokenomics/vesun\"}]"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/sun-token"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/sun-token/"},{"id":"tronscan","value":"https://tronscan.org/#/token20/TSSMHYeV2uE9qYH95DqyoCuNCzEL1NvU3S"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmRuCDUhAz2xk2dRPSMH5Ub5Y1ack42LoaFxZ9iaDq4qW8\""},{"id":"commit-message","value":"\"Record SunPump's initial launch event (August 2024) in the wiki article's events section.\""},{"id":"previous_cid","value":"QmRuCDUhAz2xk2dRPSMH5Ub5Y1ack42LoaFxZ9iaDq4qW8"}],"events":[{"id":"c9c596ba-0e54-49b4-aefa-6550b604ff4c","date":"2024-08","title":"Date Launched","type":"CREATED","description":"SunPump Goes Live","link":"","multiDateStart":null,"multiDateEnd":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":["tron"],"founders":["anon"],"speakers":[]}}