SunX Launches Negative-Fee Incentive Campaign, Achieves 410M USDT Trading Volume
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 1 hour ago
0mins
Source: Globenewswire
- Surge in Trading Volume: Since launching the 'Trade to Earn' campaign on December 2, SunX has achieved over 410 million USDT in cumulative trading volume, reflecting strong user demand for low-cost trading and enhancing platform liquidity and user engagement.
- Innovative Fee Subsidies: The campaign offers up to 110% maker rewards and 107% taker rewards, significantly reducing costs for high-frequency traders, boosting market vitality, and fostering deeper order books.
- Strengthened Economic Architecture: All trading fees will be used for $SUN token buybacks and burns, ensuring long-term appreciation of the token while converting trading volume into tangible returns, aligning incentives between traders and the platform.
- Campaign Nearing Conclusion: With the event ending on December 6, and trading volumes hitting all-time highs, SunX's negative-fee subsidies present a highly cost-effective opportunity for on-chain traders, encouraging investors to participate before incentives expire.
SUN.N$0.0000%Past 6 months

No Data
Analyst Views on SUN
Wall Street analysts forecast SUN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SUN is 64.00 USD with a low forecast of 57.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast SUN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SUN is 64.00 USD with a low forecast of 57.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 54.900

Current: 54.900

Barclays reinstated coverage of Sunoco LP with an Overweight rating and $57 price target. The newly acquired Parkland Corporation assets expand Sunoco's size and scope to position the partnership as a leading, geographically diversified liquids company, the analyst tells investors in a research note. However, the firm says the company's exposure to refining could introduce additional earnings volatility.
downgrade
$62 -> $61
Reason
Stifel analyst Selman Akyol lowered the firm's price target on Sunoco LP to $61 from $62 and keeps a Buy rating on the shares. Sunoco posted Q3 results in line with its estimates and continued to show good volume growth, the analyst tells investors in a research note. The firm added that it updated its model to include the Parkland acquisition.
Outperform
maintain
$67 -> $70
Reason
Raymond James raised the firm's price target on Sunoco LP to $70 from $67 and keeps an Outperform rating on the shares. Raymond James remains constructive on Sunoco given strong execution, confidence in the continuation of increased profitability, and upside potential from medium-term optimization and integration/M&A opportunities, the analyst tells investors in a research note. While the macro backdrop is volatile, the firm sees a stable volume trend into 2026 and beyond supported by solid fuel margins and a more diversified business.
Equal Weight -> Overweight
upgrade
$61 -> $65
Reason
Equal Weight -> Overweight
Reason
Wells Fargo analyst Ned Baramov upgraded Sunoco LP to Overweight from Equal Weight with a price target of $65, up from $61.
About SUN
Sunoco LP is an energy infrastructure and fuel distribution master limited partnership operating in over 32 countries and territories in North America, the Greater Caribbean, and Europe. The Company's midstream operations include a network of approximately 14,000 miles of pipeline and over 160 terminals. Its segments include Fuel Distribution, Pipeline Systems and Terminals. The Fuel Distribution segment supplies motor fuel to independently operated dealer stations, distributors, commission agents and other consumers. The Pipeline Systems segment includes the operations of its refined products, crude oil and anhydrous ammonia pipelines, as well as other assets that are operated and managed on an integrated basis with its pipeline systems, including certain terminal and storage assets. Its Terminals segment is composed of facilities that provide storage, handling and other services on a fee basis for refined products, crude oil, specialty chemicals, renewable fuels and other liquids.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.