Market-listing governance threshold
SUNSwap (sun.io)'s assessment for RD-F-072 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
SUNSwap V1, V2, and V3 are fully permissionless pool-listing AMMs — any TRC-20 token holder can deploy a pool with no governance approval required. SUN-DAO gauge-weight voting governs reward distribution to existing pools only; it does NOT gate pool creation. V4 maintains the same permissionless model. GeckoTerminal confirms co-existence of institutional-depth pools (USDT/WTRX $78–96M) alongside long-tail/meme pools (OSK, PePe, SUNDOG at $190K–$838K) — standard permissionless DEX risk. SunPump meme launchpad migrates tokens to SunSwap, increasing volume of low-quality pool deployments on TRON. Additional ecosystem risk: JustLend uses SUNSwap pool spot prices as oracle feeds per TRON DeFi ecosystem reporting — thin-pool price manipulation on SUNSwap can propagate to JustLend mispricings, amplifying the blast radius. Scored yellow: permissionless listing is standard AMM practice (not worse than Uniswap V2) but the TRON ecosystem oracle-consumer dependency elevates the manipulation surfac
Sources #
- URLLeveX — TRON DeFi Ecosystem: JustLend and SunSwap integrationLeveX TRON DeFi ecosystem article: JustLend uses SunSwap pool prices for oracle feedsretrieved 2026-05-17
- GeckoTerminal — SUNSwap V2 Pool CompositionGeckoTerminal SUNSwap V2 pools showing long-tail pools (OSK/WTRX $190K, PePe/WTRX $301K, SUNDOG/WTRX $838K) alongside deep pairsretrieved 2026-05-17
- DexTools — SunPump Tutorial (meme token migration to SunSwap)DexTools SunPump tutorial: meme tokens migrate to SunSwap, increasing low-quality pool volume on TRONretrieved 2026-05-17
- SUNSwap protocol profile §1 and §6 — permissionless listing + gauge governance scope.research/protocols/sunswap/00-profile.md §1 — permissionless pool creation; §6 SUN-DAO gauge governs reward weights onlyretrieved 2026-05-17
Methodology #
Classify the governance threshold required to list a new market as: permissionless / low-threshold (team multisig) / high-threshold (DAO vote) / no new listings.
See the full factor methodology and distribution across all protocols →