SUNSwap V1

SUNSwap V1 receives a C+ risk grade (40/100) from Hindenrank, where lower scores indicate lower risk. Higher risk — ancient DEX technology on a centralized chain, kept alive by inertia rather than innovation; Justin Sun's regulatory exposure is the dominant risk factor SUNSwap V1 is the original automated market maker on the TRON blockchain, managing $52M in trading liquidity. It uses the simplest possible DEX design — a copy of Uniswap V1's constant-product model from 2018. Its C+ risk grade reflects the legacy architecture's lack of modern safety features and the centralization risk around Justin Sun, whose legal and regulatory exposure could destabilize the entire TRON ecosystem.

The key risks identified for SUNSwap V1 are: (1) TRON is heavily dependent on Justin Sun — regulatory action against him could destabilize the entire chain (2) V1 uses outdated technology with no MEV protection, oracle checks, or concentrated liquidity (3) As newer versions (V2, V3) attract incentives, V1 liquidity may drain away, leaving remaining LPs with losses

SUNSwap V1 scores 40/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 6/20, Oracle Surface: 1/10, Documentation Gaps: 7/10, Track Record: 10/15, Scale Exposure: 5/10, Regulatory Risk: 2/10, Vitality Risk: 9/10. The highest risk area is Vitality Risk at 9/10.

Among 111 rated DEX protocols on Hindenrank, SUNSwap V1 ranks #83 by safety (lowest risk score = safest). Its 40/100 risk score and C+ grade place it among the riskier DEX protocols.

SUNSwap V1 scores 10/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.