Upbit has announced it will list the SunPump (SUN) token, the native cryptocurrency of the TRON (TRX)-based memecoin launchpad and trading platform. The token will be available for trading in KRW and USDT, with trading set to begin on Sept. 22 at 12:00 KST. All deposits and withdrawals will be supported exclusively via the TRON network.
The Upbit listing expands SUN’s presence on major exchanges, joining platforms such as Binance, Bybit, HTX, Gate.io, Bithumb, KuCoin, and MEXC.
This move comes as part of Upbit’s broader strategy to accelerate token listings amid rising competition from South Korean rival Bithumb, which has recently seen notable trading-volume growth. According to the Seoul Economic Daily, Upbit has been rapidly adding new tokens in recent weeks to maintain its market-leading position.
About the SUN Token
Launched in August last year, the SUN token serves as a governance token on SunPump. Holders can participate in the Sun DAO, voting on platform upgrades, token listing policies, and other critical decisions.
SUN can also be staked to earn rewards, including through long-term mechanisms like veSUN, and is used to pay platform fees, access premium features, and participate in new token launches. Additionally, 100% of SunPump’s protocol revenue is allocated to buying back and burning SUN tokens, supporting its value within the TRON ecosystem.
Currently, SUN is trading at approximately $0.03064, up 2.8% in the past 24 hours. Its market capitalization stands at around $588.91 million, with a fully diluted valuation of $611.46 million, according to CoinGecko.
