Wormhole Launches Sunrise for Major Asset Listings on Solana With MON First

Wormhole Labs launched Sunrise, a platform that brings new assets into Solana with immediate liquidity. Sunrise gives issuers and users a single route to move tokens from other ecosystems directly into Solana and start trading them on day one.

Sunrise answers a long-standing issue in Solana DeFi. New tokens often arrive late, with scattered markets and fragmented liquidity. This platform standardizes the process so assets can become tradable across Solana’s decentralized exchanges within hours of release.

Sunrise launches as MON goes live, making the Monad token the first major asset available through this system. The rollout aligns with Monad’s mainnet activation, giving Solana users native access to MON on day one.

What Is Sunrise and Why Was It Introduced?

Sunrise is a unified gateway built on Wormhole infrastructure. It creates a single flow for bringing external onchain assets into Solana without relying on multiple bridges, wallets, and intermediaries.

New asset launches usually begin on other chains. This pulls capital out of Solana as users move funds elsewhere to gain early exposure. In many cases, liquidity takes time to return. Sunrise changes that pattern by giving Solana its first standard entry point for external assets.

The Sunrise team framed the product as “the new way major assets list and become tradable on Solana with deep liquidity on day one.” Instead of users leaving Solana, assets now arrive directly. MON is the first example.

Before Sunrise, onboarding a token from an Ethereum L2, Monad, or an institutional network required separate steps. Users often navigated bridges, aggregators, and tokens that lacked liquidity at launch. Sunrise removes these hurdles by offering one path and consistent settlements through Wormhole’s Native Token Transfers (NTT).

How Sunrise Works for Users and Issuers

Sunrise offers a standardized system that abstracts complex cross-chain steps into a simple process. Issuers can push tokens into Solana with one action. Liquidity providers can seed pools before launch to ensure markets are ready when a token goes live.

A new asset arriving through Sunrise does not rely on wrapped representations. Instead, assets enter Solana natively through NTT, which improves compatibility with its DeFi stack. This structure supports lending markets, AMMs, and aggregators without additional conversions.

Users access Sunrise through a dashboard that routes tokens into Solana or converts Solana-based assets into incoming assets. Integrated venues such as Orb and Jupiter display the new listings so traders can take positions as soon as the asset appears.

Key technical features of Sunrise

• Native Token Transfers (NTT): Tokens arrive in native format instead of wrapped versions, which helps maintain cleaner accounting and reduces smart-contract risk.
• Unified routing: One gateway replaces multiple bridging tools and removes fragmented flows.
• Day-one markets: Liquidity providers can deploy capital before the asset becomes tradable.
• Aggregator integration: Solana AMMs and trading platforms show new listings immediately.

This model creates a consistent pattern for future listings, including layer-2 tokens, tokenized commodities, equities, and institutional assets such as RWAs.

What Types of Assets Will Sunrise Support?

Sunrise is not limited to tokens from a single network. The platform is designed to accept a broad range of assets, from consumer-level tokens to institutional products.

Supported categories

• Layer-2 tokens such as those from Ethereum ecosystems
• Tokens from emerging high-performance chains such as Monad
• Tokenized commodities such as gold representations
• Tokenized equities
• Institutional assets such as RWAs
• Consumer assets including memecoins and utility token

Why MON Becomes the First Stress Test for Sunrise

MON’s launch is expected to draw heavy demand, which makes it a strong first test for the platform. Monday marks both the activation of Monad’s mainnet and the start of Sunrise operations.

Sunrise supports two main flows for MON:

• Deposit MON from Monad into Solana in a single flow
• Convert USDC, USDT, or SOL into MON through Solana DEXs and aggregators

Once MON enters Solana, it becomes part of the broader DeFi stack. Users can trade MON against USDC, SOL, and other Solana assets. Lending markets can enable borrowing and collateral use. Trading venues such as Orb and Jupiter can list MON immediately without extra steps from users.

How Sunrise Fits Into Solana’s Growing DeFi Market

Solana continues to operate as a high-throughput environment for DeFi, NFTs, and real-time trading. Activity has accelerated, but Solana lacked a consistent way to onboard assets from external ecosystems.

Data from Messari shows that Solana’s DeFi total value locked reached $11.5 billion in Q3 2025, a 32.7 percent increase quarter-over-quarter. Spot DEX volume averaged $4 billion per day. Yet this growth did not apply uniformly to asset onboarding. Liquidity formation for new tokens often lagged behind activity in other areas.

Sunrise gives Solana a standard “front door” for new assets. This brings Solana closer to its broader goal of becoming an “Internet Capital Market,” a vision where assets from many sources converge into a unified trading system.

Problems Sunrise addresses

• Fragmented liquidity at launch
• Multistep bridging processes
• Wallet and interface confusion
• Limited early trading venues
• Capital leaving Solana to chase launches elsewhere

Ethereum L2s often see tokens launch with synchronized support from centralized exchanges, onchain venues, and market makers. Solana has lacked an equivalent structure. Sunrise aims to fill that gap.

Conclusion

Sunrise establishes a standardized path for bringing new tokens into Solana. It removes fragmented routes, reduces liquidity delays, and creates day-one markets for external assets. MON serves as the first major test of the platform. 

Sunrise integrates natively with Solana’s DeFi infrastructure through NTT and supports a wide range of assets, including layer-2 tokens and tokenized real-world products. Its role focuses on consistent onboarding rather than speculative claims, giving Solana a cleaner and more reliable system for new asset listings.

Resources:

1. Sunrise on X: Announcements (November 2025)

2. Sunrise Website: General Information

3. Messari Research: State of Solana Q3 2025