July 24, 2026 – Singapore, Singapore
class=”ql-align-center”>Backed by Galaxy Ventures and Vitalik Buterin, the super-performing DEX has officially launched its public rewards program.
RISExA permanent, on-chain exchange built on high throughput Height serieshas been officially launched Ignite: Season 1the core loyalty program and points ecosystem. After the invitation-only beta phase was created Over $3 billion in cumulative trading volumeThe program represents the next major step in the rollout of the broader RISEx ecosystem as the protocol builds toward long-term community ownership and token distribution in the future.
The launch week concluded today with a retroactive distribution of Season 0 points, honoring users who traded in a merit-based, invitation-only venue with no reward guarantee.
The program also carries a claim that no competing venue can make: 100% of RISE points are allocated to RISEx usersincluding traders, liquidity providers and building code integrators. RISE is an exchange chain, and RISEx is its product. Instead of splitting rewards across a diffuse ecosystem, the incentive weight of the entire network passes through where the activity actually occurs.
The launch comes amid a massive structural shift in cryptocurrency derivatives, with ever-present decentralization rapidly eating up centralized market share. Following the successful live rollout of the exchange’s core infrastructure, including cross-asset net margins and real-world asset (RWA) trading, the public opening of the RISEx Reward System marks the platform’s official transition to global scale and growth mode.
Ecosystem drag: in numbers
Before opening public rewards, RISEx’s closed beta provided institutional-grade organic liquidity and deep user engagement over three months:
- $3 billion+ In the cumulative trading volume processed since configuration.
- $26 million+ In open interest (OI).
- $15 million+ In total value locked (TVL).
- Over 15,000 registered users Accumulated entirely through the merit-based referral network.
source: Sand dunes
Product first, incentives second “Much to the frustration of our growth team, I was adamant that we would not launch an incentive program until our core exchange engine reached absolute stability,” he said. Sam Battinali, CEO and co-founder of RISE Labs. “Too often, point programs are deployed prematurely to hide incomplete infrastructure or purchase empty, temporary storage. We’ve spent the last few months doing the hard engineering work instead by installing core features like GTC-only minimization and running high-quality deep liquidity. If you’re fueling the engine, performance has to deliver. Now that our infrastructure is fully live, optimized, and running world-class, we’re ready to scale.”
Ignite Season 1 Structure and Timeline
Ignite works on a product roadmap, which is RISEx’s commitment to the RISE mission. As exchange ships reach milestones, the season moves with them. AutoYield, permissionless portfolio margining, and equity listings are all part of a larger vision to provide composable financing at scale on-chain.
This is a deliberate design choice. Rewards should track the real progress of the product rather than a marketing calendar that forces the program to overspend early rewards or underspend later, penalizing early contributors and active traders who showed up first.
- Live since: The first week of Ignite has begun Monday 20 July 2026, 00:00 UTC.
- General distribution: RISEx will be distributed 200,000 points per weeksettled every Tuesday, with the first weekly distribution 28 July 2026, 14:00 UTC.
- Season length: Ignition is expected to end no later than Q2 2027.
- distribution: 100% of RISE points are allocated to RISEx usersincluding traders, liquidity providers and building code integrators.
Inside ignition mechanics
Designed to reward real, long-term engagement with the ecosystem via predatory Sybil farming and synthetic wash trading, Ignite evaluates user contribution across multiple health metrics rather than volume alone.
- Multi-layer gain: Eligible activity extends to higher order activities, total costs including fees, slippage, negative price tags, trading volume, open interest and holding time.
- Referral bonuses: Referrers receive an additional 10% Referrer Points.
- Undeclared weights: The exact methodology and weights have not been published. This protects the program from tampering.
- Affiliate Program: For those who qualify, the affiliate program offers additional incentives such as fee discounts, points increases, and more.
Institutional architecture
RISEx achieves centralized exchange execution speeds with full self-custody by leveraging Height seriesan EVM-compliant Layer 2 network that delivers unprecedented performance Throughput of 5 GB/s and Latency 1 ms. Since the exchange and the underlying blockchain share the same state, users benefit from the entire on-chain order book as collateral and interconnected DeFi locations reside within a single atomic execution environment.
With the core perpetual exchange engine stabilizing, the platform’s mid-term product roadmap is shifting toward launching native trading for EVM Spot, AutoYield, and permissionless wallet margin.
Traders can clear the portal, retroactively check their allocations, and start earning Season 1 points by visiting rise.trade.
About resex
RISEx It is a perpetual on-chain exchange built on the RISE Chain. Providing centralized exchange execution speeds with complete self-custody, RISEx features an on-chain order book that shares status and liquidity with the entire RISE DeFi ecosystem in a single transaction. RISEx offers institutional-grade perpetual cryptocurrencies with flexible collateral, with plans to expand into equities, FX and commodities.
About RISE Series
Height series It is the next generation of Ethereum Layer 2 designed specifically for high-performance DeFi, delivering 5 Ggas/s throughput and Web2-like latency via its 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.
communication
Grigory Brilovsky
(email protected)
This content is sponsored and should be considered promotional material. The opinions and statements expressed here are those of the author and do not reflect the views of Daily Hoddle. The Daily Hodl is not affiliated with or owned by any of the ICOs, blockchain startups or companies that advertise on our platform. Investors should conduct due diligence before making any high-risk investments in any initial coin offerings (ICOs), blockchain or cryptocurrency startups. Please note that your investments are at your own risk, and any losses you may incur are your responsibility.
