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<\/span><\/p>\n July 24th, 2026 \u2013 Singapore, Singapore<\/i><\/p>\n\n RISEx<\/a>, the fully on-chain perpetuals exchange built on the high-throughput RISE Chain<\/a>, has officially launched Ignite: Season 1<\/strong>, its core loyalty and ecosystem points program. Following an invite-only beta phase that generated over $3 billion in cumulative trading volume<\/strong>, the program marks the next major step in RISEx\u2019s broader ecosystem rollout as the protocol builds toward long-term community ownership and future token distribution.<\/p>\n Launch week concluded today with the distribution of the Season 0 retroactive points, recognizing the users who traded on a merit-based, invite-only venue with no guarantee of reward.<\/p>\n The program also carries a claim no competing venue can make: 100% of RISE points are allocated to RISEx users<\/strong>, including traders, LPs, and builder code integrators. RISE is an exchange chain, and RISEx is its product. Rather than splitting rewards across a diffuse ecosystem, the entire network\u2019s incentive weight routes through the venue where activity actually happens.<\/p>\n The launch arrives amidst a massive structural shift in crypto derivatives, with decentralized perpetuals rapidly devouring centralized venue market share. Following the successful live deployment of its core exchange infrastructure, including cross-asset netted-margining and native Real-World Asset (RWA) trading, the public opening of RISEx\u2019s rewards system marks the platform\u2019s formal transition into global scale and growth mode.<\/p>\n Ecosystem Traction: By the Numbers<\/strong><\/p>\n Prior to opening public rewards, the RISEx closed beta cultivated organic, institutional-grade liquidity and deep user engagement over three months:<\/p>\n Product First, Incentives Second <\/strong>\u201cMuch to the frustration of our growth team, I was adamant that we would not launch an incentives program until our core exchange engine reached absolute stability,\u201d said Sam Battenally, CEO and co-founder of RISE Labs<\/strong>. \u201cToo often, points programs are deployed prematurely to mask unfinished infrastructure or buy empty, temporary volume. We spent the last few months doing the hard engineering work instead by stabilizing core features like reduce-only GTC and bootstrapping deep, quality liquidity. If you are fueling the engine, it has to perform. Now that our core architecture is fully live, optimized, and performing at a world-class level, we are ready to scale.\u201d<\/em><\/p>\n Ignite Season 1 Structure & Timeline<\/strong><\/p>\n Ignite runs according to a product roadmap, and that is RISEx\u2019s commitment to the RISE mission. As the exchange ships and reaches milestones, the season moves with it. AutoYield, Permissionless Portfolio Margin, and equity listings are all part of a larger vision to bring full-scale composable finance on-chain.<\/p>\n This is a deliberate design choice. Rewards should track real product progress rather than a marketing calendar that forces a program to overspend early or thin rewards later, penalizing the early contributors and active traders who showed up first.<\/p>\n Inside the Ignite Mechanics<\/strong><\/p>\n Engineered to reward genuine, long-term ecosystem participation over predatory Sybil farming and artificial wash trading, Ignite evaluates user contribution across multiple health metrics rather than volume alone.<\/p>\n Institutional-Grade Architecture<\/strong><\/p>\n RISEx achieves centralized-exchange execution speeds with full self-custody by utilizing RISE Chain<\/strong>, an EVM-compatible Layer 2 network delivering unprecedented 5 Ggas\/s throughput<\/strong> and 1-millisecond latency<\/strong>. Because the exchange and the underlying blockchain share the same state, users benefit from a fully on-chain orderbook where collateral and interconnected DeFi positions exist within a single, atomic execution environment.<\/p>\n With the core perpetual exchange engine stabilized, the platform\u2019s mid-term product roadmap is shifting toward the launch of native EVM Spot trading, AutoYield, and Permissionless Portfolio Margin.<\/p>\n Traders can clear the gate, check their retroactive allocations, and begin earning Season 1 points by visiting rise.trade<\/strong><\/a>.<\/p>\n About RISEx<\/strong><\/p>\n RISEx<\/a> is a fully on-chain perpetuals exchange built on RISE Chain. Delivering centralized-exchange execution speeds with full self-custody, RISEx features an on-chain orderbook that shares state and liquidity with the entire RISE DeFi ecosystem in a single transaction. RISEx offers institutional-grade crypto perpetuals with flexible collateral, with plans to expand into equities, forex, and commodities.<\/p>\n About RISE Chain<\/strong><\/p>\n RISE Chain<\/a> is a next-generation Ethereum Layer 2 purpose-built for high-performance DeFi, delivering 5 Ggas\/s throughput and Web2-like latency via its proprietary Shreds architecture. Developed by RISE Labs, the network is backed by Galaxy Ventures, Vitalik Buterin, Finality Capital Partners, EtherFi, OrangeDAO, DACM, P2 Ventures, Stani Kulechov, and other leading digital asset investors.<\/p>\n Grigory Prelovskiy<\/strong> <\/p>\n Follow Us on X<\/a> Facebook<\/a> Telegram<\/a><\/span><\/p>\n Check out the Latest Industry Announcements<\/a> <\/span>\u00a0<\/p>\n<\/div>\n \u00a0 The post RISEx Launches \u2018Ignite\u2019 Season 1 Points Program, Following $3B in Volume During the Early Access Phase<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" July 24th, 2026 \u2013 Singapore, Singapore class=\u201dql-align-center\u201d>Backed by Galaxy Ventures and Vitalik Buterin, the ultra-high-performance perp DEX has officially launched its public rewards program. RISEx, the fully on-chain perpetuals exchange built on the high-throughput RISE Chain, has officially launched Ignite: Season 1, its core loyalty and ecosystem points program. Following an invite-only beta phase that […]<\/p>\n","protected":false},"author":1,"featured_media":48504,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-48503","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\n
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class=\u201dql-align-center\u201d>Backed by Galaxy Ventures and Vitalik Buterin, the ultra-high-performance perp DEX has officially launched its public rewards program.<\/strong>\n<\/div>\n<\/h5>\n<\/blockquote>\n\n
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Source: DUNE<\/a><\/p>\n\n
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Contact<\/h5>\n
\n<\/span>grigory@riselabs.xyz<\/strong>
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