Wormhole Labs has launched Sunrise, providing a standardized liquidity gateway for external assets to enter Solana.

GateNews
MON1,21%

BlockBeats news, on November 23, according to The Block, Wormhole Labs (the team behind the cross-chain protocol Wormhole) announced the official launch of Sunrise today, a data and liquidity gateway focused on the Solana ecosystem. According to the information provided by the official source, Sunrise is positioned as the “standard path” for external assets flowing into Solana. It provides users with a unified interface to transfer tokens from different chains to Solana with one click, and upon arrival, it can immediately connect to DeFi scenarios within the Solana network, achieving a seamless experience of “liquidity from day one.” According to the announcement, Sunrise aims to address the common issue of “liquidity fragmentation” that occurs when new tokens cross chains, ensuring that assets launched on new chains can be traded on various decentralized trading platforms on Solana from day one. Sunrise will use Monad's MON token as its first important testing case, with MON token trading scheduled to begin tomorrow.

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