RISEx Launches Ignite Rewards After $3B Trading Volume Milestone

RISEx has officially kicked off its public points program, Ignite: Season 1. This launch follows a closed beta period that generated over $3 billion in trading volume. The exchange, which operates on the RISE Chain, is now focusing on community growth by rewarding active traders, liquidity providers, and developers.

Unlike many platforms that spread rewards thin across an entire ecosystem, RISEx is dedicating 100% of its network points directly to users of the exchange. CEO Sam Battenally stated that the team waited to launch this program until the exchange engine reached full stability. By avoiding a premature launch, the platform aims to focus on genuine user activity rather than empty volume.

The Ignite program is designed to prevent manipulation and farming. Instead of focusing only on volume, the system considers multiple metrics such as fees paid, slippage, and the duration of open interest. The rewards will be distributed on a weekly basis, with the program scheduled to run through the second quarter of 2027.

Traders looking to participate can now access the platform to track their history and start earning. With the core infrastructure now stable, RISEx plans to add new features soon, including native spot trading and permissionless portfolio margin. The exchange continues to push for performance by leveraging the high throughput capabilities of the RISE Chain.