TRON founder Justin Sun has announced the development of a decentralized exchange (DEX) protocol on the TRON blockchain, modeled after Hyperliquid’s architecture. The new platform will incorporate private trading venues known as ‘dark pools,’ designed to facilitate large institutional transactions without exposing market-moving orders to public order books. This strategic implementation aims to enhance liquidity provision while maintaining price stability for major traders.
The protocol draws thematic inspiration from the legendary Monkey King character, incorporating narrative elements into its ecosystem design. This marks Sun’s latest initiative to expand TRON’s DeFi infrastructure, following previous successful deployments of decentralized financial products on the network.
Industry observers note that dark pool functionality represents a significant advancement for decentralized trading platforms, potentially bridging traditional finance mechanisms with blockchain-based solutions. The TRON implementation is expected to leverage the network’s high throughput capabilities and minimal transaction costs to create competitive advantages in the evolving DEX landscape.
Development timelines and specific technical specifications remain undisclosed, though the announcement has generated considerable discussion within cryptocurrency circles regarding the growing sophistication of decentralized exchange offerings.