Sunrise CEO: Successfully Launched MON, with Trading Volume in the First 24 Hours Surpassing Hyperliquid and Various CEXs

BlockBeats News, December 11th, at the Solana Breakpoint Conference, Sunrise CEO Saeed, from the Solana ecosystem liquidity gateway, stated that the first asset listed on Sunrise on Solana was the MON token. We took a non-native token that was not originally issued on Solana and directly introduced it into the Solana ecosystem on the first day, in the first minute. It not only competes with all other on-chain exchanges but also faces many CEX competitors.

As a result, within 24 hours of being listed, its trading volume exceeded that of well-known platforms such as Hyperliquid, KuCoin, Kraken, Coinbase, Bybit, Bitget, Gate, among others—some of which have user bases of over a million. What's even more impressive is that it has a tighter spread compared to these established CEX platforms and higher trading volume, all supported by Solana's native ecosystem user base.

Furthermore, Saeed believes that if an asset can be issued on Solana and that asset can be as competitive as centralized counterparts, it is not just a matter of listing cryptocurrency but can also include stocks, commodities, or any financial product.