RISEx

Farming Overview

Key Statistics

How to Farm RISEx

1. Get access first — mainnet is invite-gated. Join the waitlist at testnet.rise.trade (connect wallet + link X) and source an invite code from @risextrade code drops, the RISE Discord, or an existing trader
2. Bridge USDC to RISE Chain and deposit it as collateral — portfolio margin also accepts LP positions, lending deposits and yield-bearing assets, and AutoYield pays on idle collateral
3. Trade perps across the 25 markets. Both maker and taker volume score, and posting maker orders cuts fee drag hard (1.00 bps maker vs 3.00 bps taker at tier 1)
4. Hold positions rather than scalping flat — open interest and position hold time are their own scoring category, independent of raw volume
5. Avoid mechanical or wash-style flow: trading sophistication is explicitly scored, and the weights rotate weekly to punish formulaic farming
6. Grind weekly volume to unlock invite codes (3x your volume + 3x invitee volume): $600k = 1 code, $1.5M = 2, $2.4M = 3, $4.2M = 4, $6M = 5, released Thursdays 05:00 UTC
7. Refer active traders for +10% of their points, and check distributions every Tuesday at 14:00 UTC

Why Farm RISEx?

• A RISE token is confirmed on the roadmap — the BSX acquisition post commits 1.5% of total supply to BSX holders, proving a defined supply exists — while no TGE date is set. Points are the only public route to an allocation.
• 100% of RISE points go to RISEx users; there is no separate ecosystem, investor or NFT bucket competing for the pool
• Strong backer set for a pre-token venue: Galaxy Ventures led, with Vitalik Buterin and Aave founder Stani Kulechov in the seed
• Small user base — roughly 15,000 registered against a fixed 200,000-point weekly budget means fewer competitors per point than an open farm
• Invite-gating is a moat for those already inside: access cannot be sybilled at will, so per-wallet dilution is structurally lower
• Real traction rather than incentive-only volume — $5.88B cumulative all-time and ~$52.2M 24h volume with $44.5M open interest

About RISEx

RISEx is the flagship perpetual futures DEX built on RISE Chain, an Ethereum Layer 2 developed by the same team (founded in Sydney, incorporated in Singapore). Unlike most perp DEXs, its orderbook and matching engine run fully on-chain and share state synchronously with the rest of DeFi on RISE, targeting ~1ms execution on sub-50ms blocks. The product grew out of RISE's November 2025 acquisition of BSX Labs, a Base perp DEX that had processed over $15B in cumulative volume. It offers 25 markets spanning crypto, commodities and equities at 3x-25x leverage, plus Permissionless Portfolio Margin and AutoYield on idle collateral. Mainnet is live in an invite-gated phase, and RISE Points Season 1 'Ignite' has run since July 20, 2026 as the farming vehicle for the not-yet-launched RISE token.

How Points Are Scored

• Trading sophistication — intentional trading scores higher than mechanical or wash-style flow
• Total costs incurred — fees paid, slippage and negative markouts all count
• Volume — both maker and taker
• Open interest and position hold time
• Referrals — +10% of each referred user's points
• CRITICAL: exact weights are deliberately unpublished and change every week to prevent gaming, so the farm cannot be optimised or independently verified

Key Features

• Fully on-chain central limit orderbook — the matching engine runs on-chain and shares state with all DeFi on RISE
• ~1ms execution target on sub-50ms blocks, 50,000 TPS target
• Permissionless Portfolio Margin — LP positions, lending deposits and yield-bearing assets all usable as collateral
• AutoYield — earns on-chain yield on collateral while it is being used to trade
• 25 markets: crypto (BTC, ETH, SOL, HYPE, XRP), commodities (gold, silver, crude, Brent) and equities/indices, at 3x-25x leverage
• XLP vault — ERC-4626 community liquidity vault, 85% market-making / 10% RWA / 5% liquidation insurance
• Builder codes let integrators route flow and earn points

Risks

• SECURITY INCIDENT (Aug 3, 2026): 673,012 USDC was withdrawn without authorisation from the XLP vault's RWA strategy via a configuration error present since deployment. The vault was fully reimbursed out of July trading fee revenue and user funds were unaffected, but vault parameters shipped misconfigured and went undetected until exploited.
• No public smart-contract audit could be found for RISEx or RISE Chain — assume unaudited-in-public, which is materially worse given the August incident
• Access is invite-gated; you may simply be unable to farm at all, and codes are earned by volume you cannot generate until you already have access
• Points weights are unpublished and re-tuned weekly — you cannot optimise, forecast accrual, or independently verify that distributions are fair
• The program explicitly rewards COSTS INCURRED (fees, slippage, negative markouts), so farming has a guaranteed cash cost against an unguaranteed reward, with taker fees from 3.00 bps and no maker rebate
• No token, no TGE date, no snapshot date and no published points-to-token conversion rate — RISEx has never guaranteed an airdrop
• The XLP vault is explicitly not delta-neutral and gates redemptions to 10% of pool TVL per 12h epoch plus a ~12h cooldown, which can trap capital during stress
• Long duration — Season 1 runs to no later than Q2 2027, roughly 9 months of committed capital and attention
• Geo-restrictions and KYC could not be confirmed from any official source — check the in-app terms before depositing
• Third-party RISEx points calculators and screener sites are unaffiliated; their FDV and valuation scenarios have no protocol input

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