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Sunrise

Sunrise is a gateway that brings tokens from other blockchains directly into Solana's DeFi ecosystem, so you can trade new assets without dealing with multiple bridges or fragmented liquidity. It launched with MON from Monad and gives both traders easier access to cross-chain tokens and new projects a fast path to Solana's deep liquidity from day one.
4.3
4 Reviews

What is Sunrise?

Sunrise is a new asset-listing and transfer gateway built for the Solana ecosystem. It is designed to help assets that originate on other blockchains become quickly tradable on Solana with deep liquidity. Instead of using multiple bridges or dealing with fragmented liquidity, Sunrise creates a more direct path for new tokens to enter Solana DeFi. Although Solana has become one of the most active DeFi ecosystems, with strong DEX volume and growing user activity, new assets from outside Solana have often struggled to enter the ecosystem efficiently.  

How Sunrise Works

Sunrise uses Wormhole infrastructure to move assets from their original chain into Solana through a single route using its Native Token Transfer (NTT) framework. It allows deposits from other blockchains into Solana without wrapped tokens or multiple bridging steps. Its first major example is MON, the network token of the Monad blockchain. Through Sunrise, MON was made available across Solana DeFi from day one of its launch so that users can trade it against other Solana-based tokens. 

The following steps show how it worked with MON token:

  1. MON is issued on Monad.
  2. MON holders can deposit the token through Sunrise.
  3. Sunrise enables MON to become available inside Solana DeFi.
  4. Solana users can trade MON against USDC, SOL, and other Solana assets.
  5. Liquidity becomes available without users needing to navigate several bridges or aggregators.

Using Sunrise DeFi

Swap

Swap tokens quickly through this portal. The swap option is available for traders who want to exchange their Solana tokens for tokens from another chain that are already tradable on Solana. 

Tokens

Sunrise displays a list of tokens (deployed to Solana from other blockchain ecosystems) according to their daily volume. Traders can select a token, click on Buy, and swap their SOL or stablecoin for the asset.  

Sunrise provides a simple chart for the token with details such as its market cap, number of holders, liquidity and more.  

Deposit

Deposit supported tokens across networks such as Ethereum, Monad, and Arbitrum and more into your Solana wallet. Connect the wallet with the token as the source wallet and connect your Solana wallet as the destination wallet. 

Withdraw

The same process followed above for deposits is maintained in the Withdraw feature below. Connect the two wallets necessary and confirm the transaction, which withdraws the asset from the source wallet to a destination wallet. 

How Does Sunrise Help Users?

Sunrise helps users by making it easier to access new assets on Solana without leaving the ecosystem. For regular users and traders, this means there is less need to use multiple bridges and better liquidity in the market is made available to trade with. Instead of a need to move funds to another chain to access a new token, Sunrise allows that asset to come directly into Solana DeFi for the benefit of its users.

How Does Sunrise Help Token Issuers?

Sunrise is also useful for any project launching new tokens. It gives token issuers a path to reach Solana’s active user base and liquidity from the beginning of their token launch. For issuers, Sunrise can provide a day-one direct route into Solana markets, better liquidity coordination and quick integration with other Solana trading venues. If you want your token to be accessible beyond the native blockchain where your project is live, reach out to the Sunrise team here

Conclusion

Sunrise is designed to make Solana a stronger destination for new digital assets. By giving tokens from other ecosystems a direct route into Solana DeFi, it helps reduce bridging complexity, improve liquidity, and give users faster access to new markets. As development progresses, Sunrise could become an important gateway for not only crypto assets but also tokenized stocks, commodities, and real-world assets to enter the Solana ecosystem.

Contents

Writen By

Priest

Priest is the Lead Content Writer at Soladex. A crypto-native with hands-on experience across various crypto apps and platforms, Priest has worked with top Web3 startups like Alchemy, Paybis, and Function03 Labs. With a deep understanding of the blockchain ecosystem, Priest brings clarity to Web3 projects on Solana through Soladex.

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