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Solstice Finance's SLX Token Gets Canonical Solana Listing via Sunrise, Trades Live on Jupiter

Solana ๐Ÿงญ Compass By Solana ๐Ÿงญ Compass

SLX, Solstice Finance's governance token for its $400M yield protocol, gets a canonical Solana listing via Sunrise on July 7, now live on Jupiter and Raydium.

Solstice Finance's SLX Token Gets Canonical Solana Listing via Sunrise, Trades Live on Jupiter
A brass gateway portal transmits the SLX token disc toward Solana and DEX ecosystem icons, flanked by antique nautical maps, a compass, and a telescope on the old-world side.

Solstice Finance's SLX SLX governance token entered canonical DEX trading on Solana on July 7 when Sunrise Sunrise established its definitive on-chain mint and connected it to Jupiter JUP$0.214-1.2% Jupiter Exchange's swap router, Raydium's liquidity pools, and Solana wallets across the ecosystem.

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Sunrise, the Wormhole Labs token listing gateway that creates single authoritative Solana mints for assets entering the network, announced the listing at 14:26 UTC. "Sunrise has now listed $SLX by @solsticefi across Solana," the platform said. "Sunrise brings SLX to Solana with liquid markets, across all your favorite wallets, DEXs, and aggregators." In a follow-up reply Sunrise clarified: "SLX is already native to Solana. Today, Sunrise brings it into canonical, liquid markets across the ecosystem."

Jupiter's official spot trading account confirmed the listing within the hour. The Solana official account posted a BREAKING bulletin that drew 81,305 views.

Sunrise has previously used the same infrastructure to bring Bittensor's TAO, Paxos's PAX Gold, and tokenized equities including SanDisk to Solana. By establishing a single canonical mint address, the platform ensures wallets, aggregators, and lending protocols all reference the same on-chain asset from launch, avoiding the fragmented liquidity that has historically accompanied multi-version token listings.

The canonical SLX mint on Solana is SLXdx4BUt2v9uJQNzWqSfzTJ9UKLUDsvxHFMEEdrfgq.

SLX: Access Key for the Solstice Yield Protocol

Solstice Labs USX$1.04+0.0% Solstice Finance describes SLX as an access and utility token first, governance instrument second. Staked SLX (stSLX) gates several protocol features according to official documentation: priority entry into new vault strategies before they open to outside capital; an instant-unlock mechanism that bypasses the standard seven-day redemption cooldown on the protocol's eUSX eUSX yield token; credit-market borrowing limits that scale proportionally with locked SLX; and a first-cycle base staking APY of 20%. Governance over protocol parameters, yield-source selection, and surplus allocation all run through staked positions.

SLX launched via TGE on May 25, 2026, with a fixed supply of one billion tokens and no venture-capital allocation. Solstice distributes the supply across ecosystem incentives, community participation, team contributors, and treasury, with linear vesting schedules varying by allocation type.

Solstice Protocol: USX, YieldVault, and $400M TVL

The protocol's base layer is USX USX, which Solstice describes as Solana's largest native dollar settlement asset. USX is overcollateralized and backed 1:1 by USDG, USDC, and USDT; all capital entering Solstice flows through it. Holders who deposit USX into the YieldVault receive eUSX, a yield-bearing token deployed into delta-neutral strategies. Solstice reports a 13.96% net internal rate of return over three years on that strategy, with 21.5% returns in 2024 and no negative months since inception, according to the company.

The protocol crossed $400 million in TVL as of May 20, 2026 per the TGE announcement, with a separately branded entity, Solstice Staking AG, securing over $1 billion in assets across more than 8,000 validator nodes. The OTC market lists Galaxy Digital, Susquehanna, and Bitcoin Suisse among its 20-plus active allocators, per the same announcement.

SLX: First-Day Market Cap, Holder Count, and DEX Volume

Market cap
$182.7M
24h DEX volume
$123K
Unique DEX traders
1,206
Token holders
8,274

Solana Compass token data shows the canonical mint has drawn 8,274 holders and 1,206 DEX traders in its first day, with roughly $123,000 in swap volume and $229,500 in live pool liquidity as of July 7. The token carries a market capitalization near $182.7 million at a price around $0.18. The mint has no mint authority and no freeze authority, meaning the supply is fixed and no account can be frozen.

Solstice Finance responded to the Sunrise announcement: "Here's to building stronger liquidity together."

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Solana ๐Ÿงญ Compass
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