Press Release
Paradex’s DIME Token Now Tradable on Solana Through Sunrise
DIME, the native token of Paradex, the Paradigm-incubated decentralized exchange, is now tradable on Solana through Sunrise. Solana is the first venue outside Paradex itself where DIME can be bought and sold with live liquidity.
Paradex has generated over $250 billion in cumulative trading volume since its mainnet launch in February 2024, with average daily volume growing from $68 million to over $2.1 billion during its most recent season. The platform is built on its own purpose-built chain, Paradex Chain, an EVM-compatible Layer 2, and is backed by Paradigm, the institutional crypto derivatives network behind over $1 trillion in notional volume.
Through Sunrise, DIME is immediately tradable across Jupiter, Meteora, Raydium, Orca, and the broader Solana DeFi stack.
Solana Gets Onchain Access to a $250B Derivatives Platform
Until now, the only way to trade DIME was on Paradex's own spot market. No centralized exchanges have listed it. Solana, through Sunrise, is the first external market, giving Solana's spot trading community direct exposure to one of the highest-volume derivatives platforms in crypto.
Perpetual futures infrastructure has been one of the most closely followed categories in DeFi, and Solana traders are already familiar with the category: HYPE is among the most actively traded assets on Solana DEXs. DIME adds another protocol-native token from a platform with real volume behind it.
“Paradex is one of the most actively traded derivatives platforms in crypto. Solana traders should be able to get exposure to that onchain,” said Saeed Badreg, CEO of Wormhole Labs.
“Paradex was built for internet-scale trading. Listing DIME on Solana through Sunrise gives it the acceleration to match that ambition,” said Anand Gomes (fiddybps), co-founder and CEO of Paradigm and Paradex.
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