Wormhole Labs launches Sunrise, a standardized liquidity gateway for external assets entering Solana
According to ChainCatcher, as reported by 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 pathway" for external assets flowing into Solana. It provides users with a unified interface, allowing tokens from different chains to be transferred to Solana with one click, and enables immediate access to DeFi scenarios within the Solana network upon arrival, delivering a seamless "liquidity on day one" experience.
According to the announcement, Sunrise aims to address the common issue of "liquidity fragmentation" when new tokens are bridged across chains, ensuring that newly listed assets can be traded on various decentralized exchanges within Solana from day one. Sunrise will use Monad's MON token as its first major test case, with MON scheduled to begin trading tomorrow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wormhole Labs launches the "Sunrise" gateway, bringing assets such as MON to Solana
Michael Saylor suggests or hints at continuing to increase Bitcoin holdings
Total inflows into SOL spot ETFs have reached $510 millions.
