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What it is
RISEx is a fully on-chain perpetual futures exchange on RISE Chain, offering CEX-level speed with self-custody and DeFi composability. Its Season 1 “Ignite” points program has been running since 20 July 2026 and is expected to continue into Q2 2027, distributing 200,000 points per week (usually Tuesdays, with snapshots around Sunday 23:59 UTC).
Points come from maker and taker volume, open interest and how long positions are held, fees, slippage and markouts, overall trading quality, XLP liquidity provision, and referrals (10% of what your referees earn). Occasional RWA boosts add roughly 20% on select markets like XAU, XAG, CL, SPY and QQQ. Volume alone won’t carry you — position duration and trade quality matter, which keeps plain wash trading from working well.
No TGE date, conversion rate, or airdrop has been confirmed. Check the official RISEx platform and RISE Chain docs for the latest rules.
A few things to keep in mind
Perpetual futures carry real risk, and a delta-neutral setup reduces price exposure but doesn’t remove risk altogether:
- Liquidation risk. Each leg sits on a separate exchange with its own margin. If one side moves sharply against you and that account runs low on collateral, it can be liquidated even though your overall position is balanced. Keep leverage low and hold spare margin on both sides.
- Funding costs. Rates change constantly. A trade that looks profitable today can bleed if funding flips against you.
- Execution and slippage. Opening and closing both legs at different times or prices leaves you briefly exposed and costs you on the spread.
- Platform risk. These are new protocols. Smart contract bugs, outages and withdrawal issues are all possible — only deposit what you can afford to lose.
- No guaranteed reward. There’s no confirmed TGE, conversion rate or airdrop. Points may end up worth nothing.
Not financial advice — do your own research.
Tips: Funding rates on both legs will eat into your returns, so check them before you size up — ideally you want the funding to be in your favour, or at least small. Also keep positions open for a while rather than flipping in and out, since position duration counts toward your points.
How to farm it
In order. Skipping the first step is how people end up ineligible.
Connect your wallet and deposit USDC from any of the supported chains.
Trade any pair on the platform and start earning points right away.
Open a position on RISEx and hedge it with an opposite position on another perp exchange like Variational, Txflow or Lighter — long on one side, short on the other. This keeps your market exposure close to zero while you farm points on both platforms. Tips: Funding rates on both legs will eat into your returns, so check them before you size up — ideally you want the funding to be in your favour, or at least small. Also keep positions open for a while rather than flipping in and out, since position duration counts toward your points.
RiseX calculator
Totals prefilled for this project · no points API yet — assumption
Estimates only. Points get reweighted, sybil filters cut allocations, and day-one FDV is a guess.