Most traders still think “Trade-to-Earn” just means getting tokens back for fees.
That was only the beginning.
Here’s how Trade-to-Earn has evolved on Perp DEXs:
1) Trade-to-Earn
The original model.
You trade, pay fees, and receive native tokens based on your trading volume.
This was the first system that turned trading activity itself into a reward mechanism.
2) Liquidity Mining
The next evolution.
Instead of only trading, users become market makers by supplying funds to trading pairs.
Rewards are based on the value of liquidity provided, not just transaction count—aligning incentives with market depth and stability.
3) NFT Mining
Applied to NFT markets.
Users earn native tokens by listing NFTs, placing bids, and trading assets.
The objective is to attract liquidity and compete with dominant platforms through participation-based rewards.
The core principle hasn’t changed:
your actions are the mine.
Trade, provide liquidity, or participate—and earn from the value you help create.
See it live here: sunx.io/futures/mining