Wrapped TRX (WTRX) trading on SunSwap has seen explosive growth, with monthly swap volume soaring from $621 million in May 2024 to $3.82 billion in May 2025. The data, shared by CryptoQuant, highlights a more than fivefold increase in just 12 months—underscoring a major expansion in Tron’s decentralized finance (DeFi) ecosystem.
This rapid growth appears driven by rising adoption of Tron-based DeFi apps, increased USDT activity on the Tron network, and broader interest in the TRON token.
According to the analysis, while TRON’s price appreciation accounts for roughly a twofold increase in volume, the remaining growth is attributed to increased user engagement and trading activity.
The chart provided illustrates a consistent uptrend in WTRX swap volume throughout the past year, with major spikes beginning in late 2024 and accelerating into 2025. Volumes peaked above $4.1 billion before settling near $3.8 billion in the latest monthly data.
The trend supports Tron’s ongoing efforts to expand its position in the DeFi space, leveraging low-cost transactions and stablecoin infrastructure to attract both retail and institutional users. With SunSwap as one of its flagship DEX platforms, the network is increasingly becoming a high-volume hub for token swaps.
