Sunrise: Listing on Solana Instead of an Exchange
The endgame for most tokens has been a centralized exchange listing, because that is where liquidity and users sat. That changed when a native onchain market drew more volume than centralized venues for the first time.
Sunrise takes tokens that were not issued on Solana and brings them into the ecosystem from day one, minute one. When Monad launched in December, its first competitive onchain market formed on Solana. In its first six months Sunrise listings traded $3.5 billion onchain across 14 million trades and roughly 221,000 wallets.
Originally produced in February 2026. Some details may have changed since.
Website: https://www.sunrisedefi.com
X: https://x.com/sunrise
Saeed Badreg on Lightspeed: https://solana.com/podcasts/lightspeed/episodes/listing-assets-everywhere-onchain-saeed-badreg-2026-01-27
How External Assets Start Trading on Solana From Day One: https://solana.com/news/how-external-assets-start-trading-on-solana-from-day-one
