SunSwap is the leading decentralized exchange on the TRON blockchain and the core trading layer of the SUN.io ecosystem. It allows users to swap any TRC-20 tokens directly from their wallets, provide liquidity to earn trading fees, and participate in governance through the SUN token.

SunSwap has evolved through three major versions — V1, V2, and V3 — with V3 introducing concentrated liquidity and a dynamic fee mechanism that lets liquidity providers allocate capital within specific price ranges for greater capital efficiency. As of early 2025, SunSwap holds over $670 million in TVL across the SUN.io platform and consistently ranks among the top five DEXs globally by total value locked. Weekly trading volume exceeds $340 million, with over 26,000 active liquidity pools.

SunSwap is also deeply integrated with the broader SUN.io suite: SunCurve for stablecoin swaps, SunPump for meme token launches, and SunX for on-chain perpetual contracts.

WhiteSwap is a decentralized exchange launched in November 2020 by WhiteBIT, a centralized cryptocurrency exchange based in Estonia. It was forked from Uniswap V2 and initially deployed on Ethereum, later expanding to support TRON and Polygon as well.

WhiteSwap uses a standard AMM model with liquidity pools and LP tokens. Its governance token is WSD, with a total supply of 1 billion tokens — 70% allocated to the community, 13% to the foundation, and the remainder split between investors and the team. Smart contracts were audited by Hacken.

On TRON, WhiteSwap supports swaps involving TRX, CLR, and select stablecoins. However, WhiteSwap's presence on TRON is modest compared to SunSwap, and its overall liquidity remains significantly smaller.

This is the most significant structural difference between the two.

SunSwap is the liquidity backbone of the entire TRON DeFi ecosystem. It is deeply embedded in a multi-product platform that includes stablecoin trading, meme token launches, and derivatives. The SUN token has a deflationary mechanism — protocol revenue is used to buy back and burn SUN continuously. Over 650 million SUN tokens have been burned to date.

WhiteSwap, by contrast, is primarily an extension of WhiteBIT's centralized exchange ecosystem. Its goal is to offer a non-custodial trading option to WhiteBIT users rather than to build a standalone DeFi ecosystem. This makes it more of a supplementary product than a core DeFi infrastructure layer.

SunSwap's liquidity advantage on TRON is substantial. TRON carries over 50% of all circulating USDT, which means stablecoin liquidity on SunSwap is some of the deepest available in any DEX environment. Weekly volume exceeding $340 million reflects genuine, active trading — not just TVL sitting idle.

WhiteSwap's liquidity is considerably thinner. On Ethereum it competes against Uniswap, Curve, and Balancer. On TRON, it operates far in the shadow of SunSwap. For users who need reliable execution on large trades, SunSwap is the more practical choice.

SunSwap V3 uses concentrated liquidity — the same model introduced by Uniswap V3 — allowing LPs to deploy capital within a chosen price range rather than spread it uniformly across all prices. This dramatically improves capital efficiency for active pairs and lets LPs earn higher fees per dollar of liquidity provided.

WhiteSwap is based on the older Uniswap V2 model, which uses a constant product formula with liquidity spread across the full price curve. This is simpler and more passive but less capital-efficient than V3-style concentrated liquidity.

Use SunSwap if:

• You are active on TRON and hold TRC-20 assets

• You want deep USDT liquidity and tight spreads on stablecoin pairs

• You want to participate in the broader SUN.io DeFi ecosystem

• You are providing liquidity and want V3-style capital efficiency

Use WhiteSwap if:

• You are already a WhiteBIT user and want a familiar non-custodial option

• You want to trade on Ethereum or Polygon without going to Uniswap

• You prefer a simpler, V2-style liquidity model

• You are interested in the WSD governance token specifically

SunSwap and WhiteSwap are both AMM-based DEXs, but they are not really competing for the same users. SunSwap is TRON's dominant trading protocol — deeply integrated, high-volume, and backed by one of the largest stablecoin ecosystems in crypto. WhiteSwap is a Uniswap V2 fork tied to the WhiteBIT exchange, supporting multiple chains but with significantly smaller liquidity and ecosystem depth.

For TRON-native users, SunSwap is the default choice. WhiteSwap makes most sense for users already within the WhiteBIT ecosystem looking for a self-custody trading option.

Q: Are SunSwap and WhiteSwap on the same blockchain? A: Both support TRON, but they operate across different primary networks. SunSwap is TRON-native. WhiteSwap launched on Ethereum and later added TRON and Polygon support.

Q: Which DEX has more liquidity? A: SunSwap by a wide margin. Its TVL across the SUN.io platform exceeds $670 million, with hundreds of millions in weekly volume. WhiteSwap's liquidity is significantly smaller across all supported chains.

Q: What are the governance tokens for each? A: SunSwap uses the SUN token, which also has a buyback-and-burn mechanism tied to protocol revenue. WhiteSwap uses WSD, with 70% of supply allocated to the community at launch.

Q: Is WhiteSwap safe to use? A: WhiteSwap's smart contracts were audited by Hacken. As with any DEX, users should verify they are using the official interface and understand standard DeFi risks including impermanent loss and smart contract vulnerabilities

SunSwap is the leading decentralized exchange on the TRON blockchain and the core trading layer of the SUN.io ecosystem. It allows users to swap any TRC-20 tokens directly from their wallets, provide liquidity to earn trading fees, and participate in governance through the SUN token.

SunSwap has evolved through three major versions — V1, V2, and V3 — with V3 introducing concentrated liquidity and a dynamic fee mechanism that lets liquidity providers allocate capital within specific price ranges for greater capital efficiency. As of early 2025, SunSwap holds over $670 million in TVL across the SUN.io platform and consistently ranks among the top five DEXs globally by total value locked. Weekly trading volume exceeds $340 million, with over 26,000 active liquidity pools.

SunSwap is also deeply integrated with the broader SUN.io suite: SunCurve for stablecoin swaps, SunPump for meme token launches, and SunX for on-chain perpetual contracts.

WhiteSwap is a decentralized exchange launched in November 2020 by WhiteBIT, a centralized cryptocurrency exchange based in Estonia. It was forked from Uniswap V2 and initially deployed on Ethereum, later expanding to support TRON and Polygon as well.

WhiteSwap uses a standard AMM model with liquidity pools and LP tokens. Its governance token is WSD, with a total supply of 1 billion tokens — 70% allocated to the community, 13% to the foundation, and the remainder split between investors and the team. Smart contracts were audited by Hacken.

On TRON, WhiteSwap supports swaps involving TRX, CLR, and select stablecoins. However, WhiteSwap's presence on TRON is modest compared to SunSwap, and its overall liquidity remains significantly smaller.

This is the most significant structural difference between the two.

SunSwap is the liquidity backbone of the entire TRON DeFi ecosystem. It is deeply embedded in a multi-product platform that includes stablecoin trading, meme token launches, and derivatives. The SUN token has a deflationary mechanism — protocol revenue is used to buy back and burn SUN continuously. Over 650 million SUN tokens have been burned to date.

WhiteSwap, by contrast, is primarily an extension of WhiteBIT's centralized exchange ecosystem. Its goal is to offer a non-custodial trading option to WhiteBIT users rather than to build a standalone DeFi ecosystem. This makes it more of a supplementary product than a core DeFi infrastructure layer.

SunSwap's liquidity advantage on TRON is substantial. TRON carries over 50% of all circulating USDT, which means stablecoin liquidity on SunSwap is some of the deepest available in any DEX environment. Weekly volume exceeding $340 million reflects genuine, active trading — not just TVL sitting idle.

WhiteSwap's liquidity is considerably thinner. On Ethereum it competes against Uniswap, Curve, and Balancer. On TRON, it operates far in the shadow of SunSwap. For users who need reliable execution on large trades, SunSwap is the more practical choice.

SunSwap V3 uses concentrated liquidity — the same model introduced by Uniswap V3 — allowing LPs to deploy capital within a chosen price range rather than spread it uniformly across all prices. This dramatically improves capital efficiency for active pairs and lets LPs earn higher fees per dollar of liquidity provided.

WhiteSwap is based on the older Uniswap V2 model, which uses a constant product formula with liquidity spread across the full price curve. This is simpler and more passive but less capital-efficient than V3-style concentrated liquidity.

Use SunSwap if:

• You are active on TRON and hold TRC-20 assets

• You want deep USDT liquidity and tight spreads on stablecoin pairs

• You want to participate in the broader SUN.io DeFi ecosystem

• You are providing liquidity and want V3-style capital efficiency

Use WhiteSwap if:

• You are already a WhiteBIT user and want a familiar non-custodial option

• You want to trade on Ethereum or Polygon without going to Uniswap

• You prefer a simpler, V2-style liquidity model

• You are interested in the WSD governance token specifically

SunSwap and WhiteSwap are both AMM-based DEXs, but they are not really competing for the same users. SunSwap is TRON's dominant trading protocol — deeply integrated, high-volume, and backed by one of the largest stablecoin ecosystems in crypto. WhiteSwap is a Uniswap V2 fork tied to the WhiteBIT exchange, supporting multiple chains but with significantly smaller liquidity and ecosystem depth.

For TRON-native users, SunSwap is the default choice. WhiteSwap makes most sense for users already within the WhiteBIT ecosystem looking for a self-custody trading option.

Q: Are SunSwap and WhiteSwap on the same blockchain? A: Both support TRON, but they operate across different primary networks. SunSwap is TRON-native. WhiteSwap launched on Ethereum and later added TRON and Polygon support.

Q: Which DEX has more liquidity? A: SunSwap by a wide margin. Its TVL across the SUN.io platform exceeds $670 million, with hundreds of millions in weekly volume. WhiteSwap's liquidity is significantly smaller across all supported chains.

Q: What are the governance tokens for each? A: SunSwap uses the SUN token, which also has a buyback-and-burn mechanism tied to protocol revenue. WhiteSwap uses WSD, with 70% of supply allocated to the community at launch.

Q: Is WhiteSwap safe to use? A: WhiteSwap's smart contracts were audited by Hacken. As with any DEX, users should verify they are using the official interface and understand standard DeFi risks including impermanent loss and smart contract vulnerabilities