{"version":1,"id":"sunrise","title":"Sunrise","summary":"Sunrise is a projects-and-protocol that brings assets from any chain to Solana by coordinating canonical asset creation, liquidity provisioning, and ecosystem distribution so listings open with tradable, day-one markets.","content":"**Sunrise** is an asset gateway that coordinates token and other [digital asset](https://iq.wiki/wiki/digital-assets) launches on the [Solana](https://iq.wiki/wiki/solana) [blockchain](https://iq.wiki/wiki/blockchain). Incubated by [Wormhole Labs](https://iq.wiki/wiki/wormhole), it coordinates canonical asset creation, liquidity provision, and ecosystem distribution for assets originating on other networks. [\\[10\\]](#cite-id-zvfsjswko2) \n\n## Overview\n\nSunrise is an asset gateway for bringing tokens and other [blockchain](https://iq.wiki/wiki/blockchain)-based assets from different networks to [Solana](https://iq.wiki/wiki/solana). Incubated by [Wormhole Labs](https://iq.wiki/wiki/wormhole) and built on [Wormhole’s](https://iq.wiki/wiki/wormhole) cross-chain infrastructure, it coordinates the creation of a canonical [Solana](https://iq.wiki/wiki/solana)-native version of an asset, liquidity provision, and distribution across the [Solana](https://iq.wiki/wiki/solana) ecosystem. Sunrise is distinct from a bridge, [market maker](https://iq.wiki/wiki/automated-market-maker), or launchpad; instead, it combines functions associated with these components to establish a tradable market for an asset when it becomes available on [Solana](https://iq.wiki/wiki/solana). Its scope is intended to extend beyond [crypto](https://iq.wiki/wiki/cryptocurrency) tokens to include tokenized stocks, commodities, and other [real-world assets](https://iq.wiki/wiki/real-world-assets-rwas).\n\nSunrise launched in November 2025 with [Monad’s](https://iq.wiki/wiki/monad) MON token and has since supported integrating assets into [Solana’s](https://iq.wiki/wiki/solana) trading infrastructure. Assets listed through Sunrise are made available across [Solana](https://iq.wiki/wiki/solana) wallets, [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange), aggregators, and other applications, including [Phantom](https://iq.wiki/wiki/phantom-wallet), [Solflare](https://iq.wiki/wiki/solflare), [Backpack](https://iq.wiki/wiki/backpack), [Jupiter](https://iq.wiki/wiki/jupiter), [Raydium](https://iq.wiki/wiki/raydium), [Orca](https://iq.wiki/wiki/orca), [Meteora](https://iq.wiki/wiki/meteora), and [Kamino](https://iq.wiki/wiki/kamino-finance). The platform provides a canonical version of an asset on [Solana](https://iq.wiki/wiki/solana), along with liquidity and ecosystem distribution, allowing assets originating on other networks to be accessed through [Solana](https://iq.wiki/wiki/solana)-based markets. [\\[1\\]](#cite-id-f1i4ybmdjf)  [\\[4\\]](#cite-id-lhmra8602f) \n\n![](https://ipfs.everipedia.org/ipfs/QmdFFnBPooUE4asGBCu76hpDG6YMcDFKXfpYSvZ2qsSexy)\n\n## Features\n\n### Canonical Assets\n\nSunrise’s canonical asset system provides a single official [Solana](https://iq.wiki/wiki/solana)-native version of an asset, intended to be recognized consistently across wallets, [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange), aggregators, and [block explorers](https://iq.wiki/wiki/block-explorer). Before this approach, assets brought to [Solana](https://iq.wiki/wiki/solana) through different bridges could exist as multiple wrapped versions, each with separate [liquidity pools](https://iq.wiki/wiki/liquidity-pool) and metadata. This could fragment liquidity and make it difficult to determine which version represented the official asset. Sunrise coordinates with asset issuers, bridge partners, and the Solana ecosystem to establish one canonical [mint](https://iq.wiki/wiki/minting) with standardized metadata, including the asset’s name, symbol, icon, and decimal configuration. This concentrates liquidity around a single version while enabling wallets and trading platforms to identify and display the asset consistently. Sunrise provides canonical [mint](https://iq.wiki/wiki/minting) addresses for Sunrise-listed assets through its official token listings and listed-assets resources. [\\[5\\]](#cite-id-dipt0msbyt)  [\\[6\\]](#cite-id-ci1id3xlij) \n\n![](https://ipfs.everipedia.org/ipfs/QmUF1eBA2qAmdLG2AuXqWJhdx2LgBWpn2mjEMejCSbwJW4)\n\n### Day-One Liquidity\n\nSunrise’s day-one liquidity system ensures new asset markets on [Solana](https://iq.wiki/wiki/solana) have trading liquidity at launch, rather than starting with empty or shallow pools. The platform coordinates [liquidity providers](https://iq.wiki/wiki/liquidity-providers) and [market makers](https://iq.wiki/wiki/automated-market-maker) in advance so that pools are prepared before an asset arrives, allowing trading to begin across [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange) and aggregators when the listing goes live. This approach is intended to reduce fragmented or insufficient liquidity during the initial stages of a market and provide greater trading depth from launch. Sunrise does not execute trades or operate as a market maker itself. Instead, it coordinates the parties responsible for providing liquidity alongside creating canonical assets and distributing them across the [Solana](https://iq.wiki/wiki/solana) ecosystem. This coordination allows liquidity preparation to occur as part of the asset-listing process rather than being added after the market has already launched. [\\[7\\]](#cite-id-7bydfun9eq) \n\n### Infrastructure\n\n​[Wormhole Labs](https://iq.wiki/wiki/wormhole) incubates Sunrise and uses [Wormhole’s](https://iq.wiki/wiki/wormhole) cross-chain infrastructure, while allowing individual listings to use different bridging frameworks by asset. Assets with an existing multichain system, such as [Wormhole NTT](https://iq.wiki/wiki/wormhole), [LayerZero OFT](https://iq.wiki/wiki/layerzero), [Chainlink CCIP](https://iq.wiki/wiki/chainlink), or custom infrastructure, can use their established systems for the [Solana](https://iq.wiki/wiki/solana) deployment. For assets without an existing multichain solution, Sunrise typically uses [Wormhole’s](https://iq.wiki/wiki/wormhole) Native Token Transfers (NTT) framework. Sunrise’s role extends beyond bridging to coordinating canonical asset recognition, liquidity, and distribution across [Solana](https://iq.wiki/wiki/solana). For NTT-based deployments, tokens retain their native properties across supported chains rather than being represented through bridge-specific wrapped assets. The security model for these deployments includes [Wormhole’s](https://iq.wiki/wiki/wormhole) Guardian network, configurable transfer rate limits, reconciliation through the Global Accountant, and automated anomaly detection. Assets using other bridging frameworks instead rely on those systems' security models. Tokenized [real-world assets](https://iq.wiki/wiki/real-world-assets-rwas) also remain subject to the regulatory and custody arrangements established by their issuers. [\\[8\\]](#cite-id-gnvco39dtn) \n\n### Backpack Securities\n\n![](https://ipfs.everipedia.org/ipfs/QmQ43QAACq2UN1xErZUMTDhVAgFUdxTYAejGNB3t5PdAjX)\n\nSunrise partnered with Backpack Securities to support issuing tokenized equities on [Solana](https://iq.wiki/wiki/solana). Backpack Securities uses regulated brokerage infrastructure to hold and trade securities, while Sunrise provides the onchain infrastructure to issue tokenized versions on [Solana](https://iq.wiki/wiki/solana). Each tokenized security represents a corresponding share held in custody, and investors retain associated entitlements such as dividend eligibility and participation in corporate actions. The tokenized securities can be transferred across supported networks and used with compatible wallets and [decentralized finance](https://iq.wiki/wiki/defi) applications. The system also supports two-way conversion between traditional securities and their tokenized representations. Securities held through Backpack can be converted into tokens and withdrawn to a [Solana](https://iq.wiki/wiki/solana) wallet, while tokenized securities can be deposited back and converted into traditional securities holdings. Backpack Securities also supports transfers of securities to and from other brokers through established settlement infrastructure. The phased rollout of tokenized securities began in June 2026, with the initial offerings launched on [Solana](https://iq.wiki/wiki/solana) through Sunrise. [\\[9\\]](#cite-id-me3svp1te4) \n","categories":[{"id":"projects-and-protocols","title":"projects-and-protocols"}],"tags":[{"id":"Infrastructure"},{"id":"DeFi"},{"id":"RWA"},{"id":"Solana"},{"id":"Bridge"}],"images":[{"id":"QmR9iJxqGkVjbpRCVh33EtKvQEU2xPkPJRP9Y5peBcL4CC","type":"image/jpeg, image/png"}],"media":[{"id":"QmdFFnBPooUE4asGBCu76hpDG6YMcDFKXfpYSvZ2qsSexy","name":"Screenshot 2026-09-17 084200.png","source":"IPFS_IMG","thumbnail":"QmdFFnBPooUE4asGBCu76hpDG6YMcDFKXfpYSvZ2qsSexy","caption":""},{"id":"QmUF1eBA2qAmdLG2AuXqWJhdx2LgBWpn2mjEMejCSbwJW4","name":"Screenshot 2026-09-17 084111.png","source":"IPFS_IMG","thumbnail":"QmUF1eBA2qAmdLG2AuXqWJhdx2LgBWpn2mjEMejCSbwJW4","caption":""},{"id":"QmQ43QAACq2UN1xErZUMTDhVAgFUdxTYAejGNB3t5PdAjX","name":"vO1KbSnrH404eodX.jpeg","source":"IPFS_IMG","thumbnail":"QmQ43QAACq2UN1xErZUMTDhVAgFUdxTYAejGNB3t5PdAjX","caption":""}],"metadata":[{"id":"references","value":"[{\"id\":\"f1i4ybmdjf\",\"url\":\"https://docs.sunrise.xyz/introduction\",\"description\":\"Sunrise self-description as Solana's asset gateway\",\"timestamp\":1789648774733},{\"id\":\"i5qnfh696x\",\"url\":\"https://coinmarketcap.com/academy/article/sunrise-gateway-launches-to-streamline-token-imports-into-solana\",\"description\":\"Wormhole Labs positioning of Sunrise as canonical route\",\"timestamp\":1789648774733},{\"id\":\"4qpdvs0490\",\"url\":\"https://x.com/sunrise\",\"description\":\"Sunrise profile lists Solana Beach, CA location\",\"timestamp\":1789648774733},{\"id\":\"lhmra8602f\",\"url\":\"https://sunrise.xyz/blog/2026-02-23-graveyard-hackathon-sunrise-guide\",\"description\":\"Sunrise description of demand arriving before liquidity\",\"timestamp\":1789648774733},{\"id\":\"dipt0msbyt\",\"url\":\"https://docs.sunrise.xyz/concepts/canonical-assets\",\"description\":\"Sunrise definition of canonical asset and prior fragmentation\",\"timestamp\":1789648774733},{\"id\":\"ci1id3xlij\",\"url\":\"https://sunrise.xyz/blog/2026-04-10-canonical-markets-vs-fragmented-liquidity\",\"description\":\"Sunrise distinguishes canonical from wrapped, cites USDC example\",\"timestamp\":1789648774733},{\"id\":\"7bydfun9eq\",\"url\":\"https://docs.sunrise.xyz/concepts/day-one-liquidity\",\"description\":\"Sunrise coordinates liquidity in advance and does not act as market maker\",\"timestamp\":1789648774733},{\"id\":\"gnvco39dtn\",\"url\":\"https://docs.sunrise.xyz/concepts/infrastructure-and-security\",\"description\":\"Sunrise is framework-agnostic and shows bridge route per listing\",\"timestamp\":1789648774733},{\"id\":\"me3svp1te4\",\"url\":\"https://docs.sunrise.xyz/equities/backpack-securities\",\"description\":\"Sunrise partnered with Backpack Securities for tokenized equities\",\"timestamp\":1789648774733},{\"id\":\"zvfsjswko2\",\"url\":\"https://sunrise.xyz/\",\"description\":\"Sunrise application presents holdings, orders, and 30-day performance\",\"timestamp\":1789648774734}]"},{"id":"rootdata_profile","value":"https://www.rootdata.com/Projects/detail/Sunrise?k=MjI2MjM="},{"id":"website","value":"https://sunrisedefi.com/"},{"id":"twitter_profile","value":"https://x.com/sunrise"},{"id":"github_profile","value":"https://github.com/sunrise-stake"},{"id":"previous_cid","value":"QmYM9mPUcFtTvsPkFcLgGYctpSbtsnLi565XbSB4b8Q5zz"},{"id":"commit-message","value":"Add media to Sunrise wiki"},{"id":"previous_cid","value":"QmYM9mPUcFtTvsPkFcLgGYctpSbtsnLi565XbSB4b8Q5zz"}],"events":[],"linkedWikis":{"founders":["tony-jin"],"blockchains":["solana","wormhole"],"speakers":[]},"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"language":"en","operator":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"}}