RISEx has unveiled its long-anticipated ‘Ignite: Season 1’ points program following an impressive early access phase boasting over $3 billion in cumulative trading volume. The on-chain perpetuals exchange, built atop the high-throughput RISE Chain, is shifting gears towards broader community ownership and sustainable growth.
Early Phase Achievements Set Stage for Expansion
The invite-only beta period, which stretched across three months, demonstrated significant traction with institutional-level liquidity and user participation. More than $3 billion in trading volume was processed, while open interest surpassed $26 million, and the total value locked (TVL) exceeded $15 million. Over 15,000 users registered purely through merit-based invitations, a figure that points to strong organic growth.
The conclusion of the launch week also saw the distribution of Season 0 retroactive points, acknowledging users’ early involvement without any guaranteed rewards. This approach reinforces RISEx's commitment to rewarding genuine engagement.
Unique Reward Model Across Entire Ecosystem
RISEx emphasizes a unique claim in the decentralized exchange landscape: 100% of RISE points go directly to RISEx participants, including traders, liquidity providers, and developer integrators. Unlike other platforms that divide incentives among many ecosystem components, RISEx channels the entirety of rewards to the venue where actual activity takes place.
This concentrated incentive system highlights RISEx’s role as the core product of the RISE Chain, smoothly aligning user rewards with platform growth. The public launch of this loyalty program reinforces RISEx’s transition into a global-scale operation amid a shifting derivatives market where decentralized perpetuals rapidly outpace centralized competitors.
The platform also recently completed key infrastructure deployments like cross-asset netted-margining and native Real-World Asset (RWA) trading, ushering in enhanced capabilities for its user base.
RISEx’s rewards rollout is a clear milestone following the groundwork laid during its beta. As decentralized derivatives continue to gain market share, RISEx’s focused strategy and community-driven incentives could well shape the competitive landscape ahead.
This material is informational and does not constitute financial advice.
