AIrdrop Agent

RISEx

Perp DEX · RISE Chain

Onchain perpetuals from RISE Chain

Participation

Open now

Token

Not announced

Potential
Total funding

$8M

Major VCs
Galaxy VenturesVitalik ButerinStani KulechovDDACM
Last verified

2026-08-12

Potential is AirdropAgent's editorial assessment and does not confirm an official distribution.

Tasks

Participation programme live
  1. Go to the official site (rise.trade) and connect your wallet.
  2. Complete role verification and social tasks on the points dashboard.
  3. Trade crypto or equity-index products like $QQQ and $SPY on RISEx to earn points based on volume, OI and slippage.
  4. Invite friends via your referral link to earn a 10% bonus on their points.
  5. If you build apps or tools, register a builder code to earn extra rewards from order flow.
Check the official site

Events & campaigns

EventsRISEx RWA Trading Boost: 20% Extra Points Until Aug 312026-08-18EventsRISE Week 3 Begins: 5,889 Accounts Split 200K Points2026-08-05EventsRISEx "RISE Points Season 1: Ignite" Is Live — How to Join and Past Distributions2026-08-04

Funding & investors

Round
—
Lead
Galaxy Ventures
Investors
Finality Capital Partners · DACM · Galaxy Ventures · Vitalik Buterin · Stani Kulechov · Galaxy Digital

Overview

RISEx is a fully onchain orderbook perpetuals exchange running on RISE Chain (an Ethereum L2). It supports crypto plus equity-index products like $QQQ and $SPY at up to 20x leverage, and accepts any ERC20 asset or LP position as collateral.

Analysis

Backing from Galaxy Digital, Finality Capital, DACM and Vitalik Buterin is a credibility signal. On August 3, 2026​, an unauthorized withdrawal of 673,011.56 USDC occurred from the RWA strategy tied to the XLP vault; the team says it was caused by a misconfiguration, was detected within minutes and fully covered. Season 1 Ignite has kept distributing 200,000 points weekly through Week 3, with recipient accounts steadily growing (5,886 → 5,889 → 5,910). The token ticker, TGE timing and final points-to-token conversion remain unannounced.

Token & distribution status

Token
Not announced
Ticker
Not announced
TGE
Not announced
Allocation
Published

Allocation

Season 0 (Genesis Traders): the trading period before Ignite. A retroactive distribution of 1,500,000 RISE Points was completed on July 23, 2026, alongside a 100,000-point Genesis Pool for Season 0 participants.

Season 1: Ignite began at 00:00 UTC on July 20, 2026.

  • Week 1 (announced 7/28): 200,000 regular points to 5,886 accounts; 25,000 Genesis Pool points to 5,120 accounts
  • Week 2 (announced early August): 200,000 regular points to 5,889 accounts; 25,000 Genesis Pool points to 2,144 accounts
  • Week 3 (announced 8/11): 200,000 regular points to 5,910 accounts (Genesis Pool figure not stated in that post)

Of the 100,000-point Genesis Pool total, 75,000 points have been confirmed distributed across Weeks 1-3; whether the remaining 25,000 has been paid is unannounced.

Earlier campaigns included a "TreadFi 10x points boost" (May 6-13, 2026) and a 3-week sprint with the Korean community @DOKDODAO that reached $114M in volume; both have ended.

The future token allocation ratio against distributed points, snapshot dates and claim deadline remain unannounced.

AirdropAgent view

This is our analysis of public information, not an official programme rule.

The active programme right now is Season 1: Ignite​, expected to run until at least Q2 2027, so there is still time.

The basic approach is to trade for real volume, OI, slippage and hold time, then stack a 10% referral bonus via your invite link.

If you traded before Season 1 started, check the dashboard for remaining Genesis Pool eligibility.

If you build apps or tools, register a builder code to also earn from routed order flow.

Avoid multi-account sybil behaviour, which risks violating the terms.

Security & risks

Verified security information

I have confirmed a yAudit audit report for "RISEx RLP Strategies" dated March 2026, but its scope covers only the RLP strategy component.

At 07:21 UTC on August 3, 2026​, an unauthorized withdrawal of 673,011.56 USDC occurred from the RWA strategy tied to the XLP vault. The team attributes it to a misconfiguration present since the July 13 deployment, says it was patched by 08:09 UTC, and covered the full amount from a portion of July's fees. XLP depositor funds were reportedly unaffected.

No bug bounty programme has been confirmed.

Key risks

  • No token has launched, so there is no guarantee points will ever convert to value
  • On August 3, 2026, an unauthorized withdrawal of 673,011.56 USDC occurred from an XLP-vault-linked RWA strategy (team says it was fully covered)
  • The yAudit audit covers only the RLP strategy component, not the whole protocol
  • Season 1 Ignite's exact end date and final points-conversion formula are unannounced
  • RISE Chain itself is a new L2, carrying inherent technical risk

Recent moves on X

Only posts about joining or distribution, shown as posted. Click through for the original.

What's next

The official FAQ states RISE and RISEx are "one team, one vision, one token," but no TGE date has been announced.

Season 1 Ignite is expected to run until at least Q2 2027; no Season 2 has been announced yet.

Visit the official site

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