Snapshot from Aug 10, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Technology / RISEx launches Ignite Season 1 points program
Tech product launch

RISEx launches Ignite Season 1 points program

Analysis based on 6 articles · First reported Jul 24, 2026 · Last updated Jul 24, 2026

Sentiment
40
Attention
3
Articles
6
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The launch of RISEx's rewards program signals growing adoption of decentralized perpetuals, potentially increasing competition for centralized exchanges. The program may attract more liquidity and users to the RISE ecosystem, boosting the value of RISE tokens.

Cryptocurrency Financial Technology
Event Summary

RISEx, a fully on-chain perpetuals exchange built on RISE Chain, has officially launched Ignite: Season 1, its core loyalty and ecosystem points program. The launch follows an invite-only beta phase that generated over $3 billion in cumulative trading volume. The program distributes 200,000 points per week, with 100% of RISE points allocated to RISEx users. The launch is backed by Galaxy Ventures and Vitalik Buterin, among other investors. RISEx aims to transition into global scale and growth mode, with plans to expand into equities, forex, and commodities.

Key Actions
100 RISEx launched
90 RISEx generated
80 RISEx distributed
Entities Involved
exch
RISEx
RISEx is the main entity launching the Ignite Season 1 program, which is expected to drive user engagement and trading volume.
Importance 100.0 Sentiment 60.0
oth
RISE Chain
RISE Chain provides the underlying infrastructure for RISEx, benefiting from increased usage and attention.
Importance 80.0 Sentiment 55.0
priv
RISE Labs
RISE Labs developed RISE Chain and RISEx, and its CEO Sam Battenally is quoted in the announcement.
Importance 70.0 Sentiment 55.0
per
Sam Battenally
Sam Battenally is CEO and co-founder of RISE Labs, emphasizing product-first approach.
Importance 40.0 Sentiment 50.0
priv
Galaxy Ventures
Galaxy Ventures is a backer of RISE Labs, supporting the development of RISE Chain and RISEx.
Importance 30.0 Sentiment 40.0
per
Vitalik Buterin
Vitalik Buterin is a notable backer of RISE Labs, lending credibility to the project.
Importance 30.0 Sentiment 40.0
priv
Finality Capital Partners
Finality Capital Partners is an investor in RISE Labs.
Importance 20.0 Sentiment 35.0
priv
ether.fi
ether.fi is an investor in RISE Labs.
Importance 20.0 Sentiment 35.0
priv
OrangeDAO
OrangeDAO is an investor in RISE Labs.
Importance 20.0 Sentiment 35.0
priv
P2 Ventures
P2 Ventures is an investor in RISE Labs.
Importance 20.0 Sentiment 35.0
per
Stani Kulechov
Stani Kulechov is an individual investor in RISE Labs.
Importance 20.0 Sentiment 35.0
crypto
Ethereum
RISE Chain is an Ethereum Layer 2, so Ethereum benefits from ecosystem growth.
Importance 10.0 Sentiment 30.0
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