RISEx "RISE Points Season 1: Ignite" Is Live — How to Join and Past Distributions
1. What's happening
RISEx, a fully on-chain perpetual futures DEX on RISE Chain (an Ethereum L2), is running RISE Points Season 1: Ignite since around July 20, 2026. No end date has been announced yet. The token (believed to be $RISE) has not launched, and the timing and method of TGE distribution remain undecided.
2. What to do
- Go to the official site (rise.trade) and connect your wallet
- Complete role verification and social media linking tasks on the points dashboard
- Trade perpetual futures on RISEx to earn points based on trading volume, OI, and slippage
- Invite friends via your referral link to earn a 10% referral reward
- If you build apps or tools, issue a builder code (live since July 30) to earn additional rewards from order flow
No specific costs or time commitments are stated.
3. Past seasons and distribution history
The exact duration of Season 0 (the trading period before Ignite) was not disclosed, but traders active during this period later became eligible for a retroactive points airdrop.
| Date | Details | Accounts |
|---|---|---|
| July 23, 2026 | Retroactive airdrop to Season 0 traders: 1,500,000 RISE Points | Not disclosed |
| July 28, 2026 | Regular Week 1 distribution: 200,000 Points | 5,886 |
| July 28, 2026 | Genesis Pool distribution (part of the 100,000-point total): 25,000 Points | 5,120 |
The Genesis Pool totals 100,000 points and is being distributed in installments over several weeks after Ignite's start. There was also a past "TreadFi 10x Points Boost" event held May 6–13, 2026, which has already ended. The eventual token conversion ratio for distributed points, snapshot date, and claim deadline have not been disclosed.
4. Things to watch out for
- The token has not launched, so there is no guarantee that points will translate into future value
- Season 1 Ignite's end date and final reward formula are undisclosed and conditions may change
- yAudit's audit only covers the "RISEx RLP Strategies" component; it's unclear whether it covers the entire protocol
- RISE Chain itself is a new L2, so technical risks remain
- Details of Genesis Pool eligibility conditions and schedule are not fully disclosed outside the dashboard
- Using multiple accounts (Sybil behavior) risks violating terms and should be avoided
Support from Galaxy Digital, Finality Capital, DACM, and Vitalik Buterin lends credibility, but this should be understood as separate from the uncertainty of the points campaign itself.
5. Sources
Onchain perpetuals from RISE Chain
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