Sunrise CEO: Successfully Launched MON, with Trading Volume in the past 24 hours surpassing Hyperliquid and various CEXs

On December 11th at the Solana Breakpoint Conference, Sunrise CEO Saeed noted that the first asset listed by Sunrise on Solana is the MON token. This non-native token—originally not issued on Solana—was integrated into the Solana ecosystem on day one, even its first minute of launch. It competes not only with all other on-chain exchanges but also major centralized exchanges (CEXs). Within 24 hours of listing, MON’s trading volume outpaced well-known platforms including Hyperliquid, KuCoin, Kraken, Coinbase, Bybit, Bitget, and Gate—some of which boast user bases exceeding 1 million. Most impressively, it offers tighter spreads than these established CEXs, higher trading volume, and all this is backed by Solana’s native ecosystem user base.