Wormhole Labs launches Sunrise, a standardized liquidity gateway for external assets entering Solana

According to The Block, Wormhole Labs (the team behind the cross-chain protocol Wormhole) has officially launched Sunrise, a data and liquidity gateway focused on the Solana ecosystem.

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, they can immediately access DeFi scenarios within the Solana network, achieving a seamless experience of "liquidity on day one."

According to the announcement, Sunrise aims to address the common issue of "liquidity fragmentation" when new tokens cross chains, ensuring that assets launched on new chains can be traded on various decentralized exchanges on Solana from day one. Sunrise will use Monad's MON token as its first significant test case, with MON token trading set to begin tomorrow.