As reported by TechFlow, on November 13, 2025, the Chinese decentralized exchange Sun Wukong has launched ICP, DASH, and SHIB USDT contracts with up to 20x leverage. The platform's cumulative trading volume has exceeded 5.1 billion USDT, with over 60,000 registered users. The same day, Sun Wukong held a community AMA titled 'Sun Wukong Reserve Fund – Fully On-chain Backed, Transparent and Verifiable Assets,' introducing its newly launched reserve fund mechanism. According to the platform's community representative, the reserve fund proof is publicly transparent, allowing users to verify the on-chain security of their assets. The reserve fund data is updated in real time via on-chain smart contracts and verified by on-chain auditors and community consensus mechanisms, enabling more independent nodes and community members to participate in the verification process, thereby enhancing credibility.
Chinese DEX Sun Wukong Launches ICP, DASH, SHIB Contracts with 20x Leverage
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