Singapore, Singapore, July 24th, 2026, ChainwireBacked 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 generated over $3 billion in cumulative trading volume, the program marks the next major step in RISEx's broader ecosystem rollout as the protocol builds toward long-term community ownership and future token distribution.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.The program also carries a claim no competing venue can make: 100% of RISE points are allocated to RISEx users, 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's incentive weight routes through the venue where activity actually happens.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's rewards system marks the platform's formal transition into global scale and growth mode.Ecosystem Traction: By the NumbersPrior to opening public rewards, the RISEx closed beta cultivated organic, institutional-grade liquidity and deep user engagement over three months:
RISEx Launches 'Ignite' Season 1 Points Program, Following $3B in Volume During the Early Access Phase - Decrypt
Singapore, Singapore, 24th July 2026, Chainwire













