Sun Wukong’s $64M Reserve Revelry 🐒💸

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In the hallowed halls of the Chinese decentralized contract exchange, Sun Wukong, with a flourish worthy of a Qing dynasty courtier, unveils its proof-of-reserves page-a digital ledger brimming with $64.14 million in stablecoin reserves, as if the platform were a miser’s treasure chest guarded by a monkey in a silk robe.

  • Sun Wukong, with the solemnity of a tea ceremony, declares a 100% stablecoin reserve ratio, nearly all $64.14 million hoarded in USDT, as though the currency were the unofficial national treasure of the Tron realm. 🏦🐒
  • Since its October inception, the DEX has conjured nearly $5 billion in trading volume, its user base swelling to 58,000 souls-proof that even in crypto’s wild frontier, one must dance to the tune of the market. 📈🕺

The platform’s main website, a parchment of modernity, boasts a 100% stablecoin reserve ratio. Traders may now peer into its coffers in real-time, a spectacle akin to watching a dragon count its jewels. Given its penchant for perpetual contracts, the choice of stablecoin reserves feels less strategic and more existential. 🐉💰

As of Nov. 11, the DEX’s stablecoin reserves reached $64.14 million. Of this, 99.9% resides in USDT, while USDC and USDD contribute a paltry $3,179 and $1,131 respectively-a financial yawn in the grand scheme of things. 🤯💸

The lion’s share of USDT, $48.9 million, slumbers in a Tron vault dubbed “vault layer 3,” with the remainder splintered across Arbitrum, Binance Smart Chain, Ethereum, and TRON. One might call it diversification; others might call it a desperate scramble to avoid looking like a one-trick pony. 🐴💼

Sun Wukong’s proof-of-reserves suggests a kingdom built on USDT, its users favoring Tether’s USD-pegged coin with the fervor of a devotee at a temple. Perhaps the DEX, sensing this allegiance, has simply surrendered to the tide-or perhaps it’s merely playing the long game. 🏯🌊

As of Nov. 12, Sun Wukong’s trading volume soared to $4.87 billion, a $1.2 billion leap in eight days. At this rate, $5 billion will be but a footnote in its legend. A feat impressive, yes, but then again, who needs subtlety when you’re a decentralized exchange with a monkey’s grin? 🐒📈

In the past 24 hours, trading volume surged by $221.46 million, and active users multiplied from 35,600 to 58,707. Growth, it seems, is the only constant here-unless one counts the USDT obsession. 🚀💸

Bitcoin reigns supreme on the platform, commanding $30.9 million in 24-hour trading volume. Ethereum trails behind with $25.2 million, while Solana lingers in the shadows at $7.16 million. A hierarchy as old as time, or perhaps just a reflection of market sentiment. 🐘🆚

Sun Wukong, the first native decentralized futures exchange on Tron, claims the title of the world’s first Chinese DEX. A bold assertion, but then again, who are we to argue with a platform that markets itself to Chinese-speaking traders with the enthusiasm of a poet? 📜🇨🇳

Launched in October after a public test phase that attracted 10,000 users and $900 million in volume, Sun Wukong’s rise is less a story of innovation and more a fable of timing-and a well-placed monkey emoji. 🐒👑

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2025-11-12 16:20