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SUNSwap V3 Review 2026: TRON DEX With $158M TVL

SUNSwap V3 is a TRON-based decentralized exchange for swapping TRC20 tokens and providing liquidity, with about $158 million in TVL on DefiLlama. Its size is a plus, but no audits are listed.

Tron

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.8/10

Good

Visit SUNSwap V3

Our verdict on SUNSwap V3

6.8/10

SUNSwap V3 suits users already on TRON who want to swap TRC20 tokens or earn fees as liquidity providers. Its main strength is scale: about $158 million in TVL and a no-commission model for the platform. The main caveat is that DefiLlama lists no audits and the project does not publish fee tiers, so new users should start small, verify the official site and understand impermanent loss before depositing.

Score breakdown

How SUNSwap V3 scores

Security: 5.5/10
Ease of use: 7.0/10
Fees: n/a
Features: 6.5/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is SUNSwap V3?

SUNSwap V3 is a decentralized exchange built on TRON. Its homepage describes it as a protocol for automated liquidity provision and an open financial market that anyone can join, supporting exchange between any TRC20 tokens.

DefiLlama lists it under DEXs on TRON only, with roughly $158.5 million in total value locked and a 5.6% rise over seven days. It has been tracked since January 2024 and is linked to the SUN token and the OfficialSUNio account on X.

Public sources say little about team, governance or fee tiers. DefiLlama also lists no audits, which is the main gap for anyone considering deposits.

How SUNSwap V3 works

SUNSwap V3 is an automated market maker. Instead of matching buyers and sellers in an order book, it uses liquidity pools that hold pairs of TRC20 tokens. A swap trades against a pool, and a formula sets the price based on the pool balance.

Liquidity providers deposit tokens into pools and earn a share of the trading fees. The homepage states the platform takes no commission, so fees go to market makers. A V3-style design typically lets providers focus capital in chosen price ranges, though the project does not detail SUNSwap's specific mechanics.

Everything runs through smart contracts on TRON. Users keep their tokens in their own wallet until they swap or deposit, so the main risks are contract bugs, price swings and impermanent loss.

5 features

Key features

TRC20 token swaps

The protocol supports immediate exchange between any TRC20 tokens, directly through smart contracts rather than an order book run by a company.

Liquidity provision

Users can supply liquidity and act as market makers, earning service fees from trades in the pools they fund.

No platform commission

The homepage says the platform does not take a commission, with fees going to market makers.

TRON-native design

The protocol is built for TRON and listed solely on that chain, which suits users already holding TRC20 assets.

V3 pool design

The V3 name points to the concentrated-liquidity style of pool design common to V3 DEXs. The project does not detail the exact features.

Pros and cons

What we like

Sizable TVL of about $158 million on DefiLlama points to meaningful liquidity on TRON.
Supports swaps between any TRC20 tokens through a single protocol.
The homepage states the platform takes no commission, with fees going to market makers.
Non-custodial design means users trade from their own wallets.
Tracked on DefiLlama since January 2024, giving it a visible record.

Watch out for

DefiLlama lists no audits for SUNSwap V3, so security assurances are not documented publicly reviewed.
Only available on TRON, so it has no multichain reach and depends on TRON network health.
Fee tiers, protocol fee settings and incentive details are not public, so costs cannot be compared with rivals.
Liquidity providers in concentrated-liquidity pools face impermanent loss and must manage price ranges.
Team, governance and incident history are not covered.

SUNSwap V3 fees

The project does not publish a fee schedule for SUNSwap V3. The homepage says market makers receive service fees continuously and that the platform does not take a commission.

Users would see the exact swap fee and any price impact on the swap interface before confirming a trade. They will also pay TRON network costs, such as TRX for energy or bandwidth, which are not detailed publicly.

Is SUNSwap V3 safe?

DefiLlama lists no audits for SUNSwap V3. The project does not mention bug bounties, past incidents or the team, so readers should look for audit reports and documentation on the official site before committing funds.

As a non-custodial DEX, the main risks are smart-contract flaws, fake front ends, token price volatility and impermanent loss for liquidity providers. Check that you are on the official site and revoke token approvals you no longer need. Check the rules in your jurisdiction before using DeFi.

6 steps

How to get started with SUNSwap V3

1
Set up a TRON-compatible wallet and keep your seed phrase offline.
2
Fund the wallet with TRX for network costs and the TRC20 tokens you want to trade.
3
Open the official SunSwap site by typing the address yourself or using a trusted bookmark.
4
Connect the wallet and check the network is TRON.
5
Review the quoted rate, fee and price impact, then confirm a small swap first.
6
If you provide liquidity, read how price ranges and impermanent loss work before depositing.

Open SUNSwap V3

Who SUNSwap V3 is for

SUNSwap V3 is for TRON users who want to swap TRC20 tokens without a centralized exchange, and for liquidity providers comfortable with smart-contract and impermanent-loss risk. It is less suited to users who need multichain access or documented audits.

SUNSwap V3 FAQs

What is SUNSwap V3?

SUNSwap V3 is a decentralized exchange on the TRON network. Users swap TRC20 tokens directly from their wallets, and liquidity providers earn trading fees from the pools they fund.

Which blockchain does SUNSwap V3 use?

Public sources show it runs on TRON only. It supports exchange between TRC20 tokens, so you would need a TRON-compatible wallet and some TRX for network costs.

Does SUNSwap have a token?

Yes, DefiLlama lists a token called SUN associated with the project. The project does not explain its exact role in SUNSwap V3, so check the official site for current utility details.

How do liquidity providers earn money on SUNSwap?

The homepage says market makers earn service fees continuously and the platform takes no commission. Exact fee tiers are not stated publicly, so check the pool or swap screen before you trade.

Is SUNSwap V3 audited?

DefiLlama lists zero audits for SUNSwap V3. That does not prove the contracts are unsafe, but it means the project does not show independent review. Check the official site and documentation for audit reports before depositing.

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