Press Release
Sunrise Enables LIT to Trade Natively on Solana
Sunrise has listed LIT, the native token of Lighter, on Solana, enabling the asset to move and trade across the Solana DeFi ecosystem. This went live as soon as withdrawals were enabled and LIT became transferable onchain.
By enabling LIT to trade on Solana once it became transferable, Sunrise turns a closed launch into an open market-advancing Solana's vision of Internet Capital Markets, where new assets become globally accessible the moment they can move onchain.
LIT launched earlier this week with trading initially limited to Lighter. Once withdrawals were confirmed, Sunrise enabled LIT to list on Solana, where it can now trade natively against SOL, USDC, and other Solana assets across the DeFi ecosystem.
“Sunrise makes it possible for new assets to trade natively across the Solana ecosystem,” said Saeed Badreg, CEO of Wormhole Labs. “With LIT now live on Solana, users can access deep liquidity and the full Solana DeFi stack without leaving the network.”
With LIT now live on Solana via Sunrise, traders can:
- Trade LIT in native Solana spot markets
- Swap LIT against SOL, USDC, and other Solana assets
- Access LIT across Solana wallets, DEXs, and DeFi applications without leaving the ecosystem
Users who already hold LIT can also bridge their tokens to Solana via Sunrise, contributing to overall liquidity and access across the ecosystem.
A Day-One Gateway for New Onchain Assets
Sunrise is built to give Solana a standardized, reliable listing path for new onchain assets to arrive with live, liquid markets. Rather than fragmenting liquidity across isolated venues or delayed integrations, Sunrise provides a single gateway through which assets from any chain can be listed on Solana and traded natively across the DeFi stack.
This framework was first demonstrated with MON, where Sunrise enabled a day-one, minute-one listing on Solana that—if Solana were treated as a centralized exchange—would have ranked it fourth globally by 24-hour spot volume during MON's launch. The outcome showed that when assets are listed on Solana with liquidity, routing, and distribution in place from the start, Solana can support competitive, real-world capital markets on day one.
About Sunrise
Sunrise is the day one asset gateway of Solana. Sunrise enables new onchain assets—crypto, stocks, commodities, and more—to list on Solana with liquidity on day one, giving users and builders immediate access to live, tradable markets. Sunrise is made by Wormhole Labs.
About Wormhole Labs
Wormhole Labs is a technology company that specializes in building products, tools, and reference implementations to expand the cross-chain ecosystem. They are committed to open-source development and laying down the paths for a connected decentralized world.
Contact
Email: contact@sunrise.xyz
Twitter / X: @sunrise