SunSwap V2 Review: TRON's Leading Decentralized Exchange Explained

Home > SunSwap V2 Review: TRON's Leading Decentralized Exchange Explained
SunSwap V2 Review: TRON's Leading Decentralized Exchange Explained
Johnathan DeCovic Feb 5 2026 0

SunSwap V2 is a decentralized exchange built on the TRON blockchain. It uses automated market maker (AMM) technology to let users trade TRC-20 tokens directly from their wallets without intermediaries. The platform processes over 16 million transactions since launch, making it TRON's leading DEX.

SunSwap V2 started as JustSwap in 2020 before SUN.io took over in 2021. Today, it’s the go-to platform for anyone swapping tokens on TRON. Let’s break down what makes it tick and whether it’s right for you.

Key features of SunSwap V2

SunSwap V2 Key Features
Feature Details
Type Decentralized Exchange (DEX)
Blockchain TRON
Wallet Required TronLink Wallet
Fee Structure Fixed 0.3% per trade
Liquidity Pools Yes, users provide liquidity
Supported Tokens TRC-20 tokens
KYC Required No
Top Tokens WTRX, USDT, SUNDOG, JST, TRUMP

SunSwap V2 uses AMM logic to set prices automatically based on supply and demand. This means no order books-just instant trades. All fees go to liquidity providers, not the platform itself. Unlike centralized exchanges, SunSwap never holds your funds. You control your wallet keys at all times.

Pros and cons of SunSwap V2

Pros:

  • No KYC - Trade without ID checks or account creation.
  • Fixed fees - 0.3% per trade, so costs stay predictable.
  • Security - Non-custodial design keeps your assets safe in your wallet.
  • Easy to use - Simple interface, even for beginners. No technical skills needed.
  • Passive income - Earn fees by supplying liquidity to pools.

Cons:

  • Mixed reviews - Some third-party sites report inconsistent experiences.
  • Two web addresses - sunswap.io and sunswap.exchange can confuse new users.
  • TRON-only - Works only with TRC-20 tokens, not other blockchains.
User adding tokens to liquidity pool with fees flowing to providers

Who should use SunSwap V2

If you’re already in the TRON ecosystem, SunSwap V2 is a no-brainer. It’s perfect for:

  • Traders who want quick swaps without paperwork
  • Liquidity providers looking to earn passive income
  • Users who prioritize asset control and security
  • Anyone trading popular TRON tokens like WTRX or USDT

It’s less ideal for those new to crypto. The dual web addresses and lack of centralized support might feel overwhelming at first. But if you’re comfortable with wallets and smart contracts, it’s a solid choice.

Person connecting wallet to swap tokens instantly on mobile device

Getting started with SunSwap V2

Jumping in takes minutes:

  1. Install TronLink Wallet (available on Chrome, iOS, and Android).
  2. Go to sunswap.io (the recommended address).
  3. Click "Connect Wallet" and approve the connection.
  4. Select tokens to swap, enter amount, and confirm the transaction.

No sign-up, no verification. Users report swaps completing in under 60 seconds. For liquidity providers, adding funds to pools is equally simple. Just pick a token pair, deposit assets, and start earning fees.

Frequently Asked Questions

Is SunSwap V2 safe?

Yes. SunSwap V2 is non-custodial, meaning your funds never leave your wallet. All trades happen through smart contracts on the TRON blockchain. Experts from MarketplaceFairness.org tested swaps like BTC to TRX and found no security issues. Since no third party holds your assets, the risk of hacks or theft is minimal.

How do I use SunSwap V2?

Just three steps: Open sunswap.io, connect your TronLink Wallet, and start swapping. No sign-up or verification needed. The interface is straightforward-select tokens, enter amount, and approve the transaction. Users report completing swaps in under a minute. For liquidity providers, adding funds to pools is equally simple.

What tokens can I trade?

SunSwap V2 supports all TRC-20 tokens on TRON. Popular pairs include WTRX, USDT, SUNDOG, JST, and the TRUMP token. Recent data shows WTRX and USDT dominate activity, but newer tokens like LMTV are gaining traction. Check the platform’s token list for the latest additions. In 2025 alone, over 6 million transactions involved top tokens like WTRX and USDT.

Are there fees?

Yes, a fixed 0.3% fee per trade. This fee goes directly to liquidity providers, not SunSwap. It’s consistent across all swaps, making it easy to calculate costs. For comparison, some centralized exchanges charge higher fees for similar trades. Liquidity providers earn these fees as passive income, which is why many users contribute to pools.

Why are there two web addresses?

SunSwap V2 uses sunswap.io and sunswap.exchange to improve accessibility. However, this can confuse new users. Always verify the official site to avoid phishing scams. The developers recommend sunswap.io as the primary address. Some users report issues with the second domain, so sticking to one is safer. In 2025, 99% of traffic came from organic searches on sunswap.io, showing it’s the preferred choice.

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Johnathan DeCovic

I'm a blockchain analyst and market strategist specializing in cryptocurrencies and the stock market. I research tokenomics, on-chain data, and macro drivers, and I trade across digital assets and equities. I also write practical guides on crypto exchanges and airdrops, turning complex ideas into clear insights.