RISEx Starts Ignite Points Program After $3 Billion Trading Milestone

RISEx has officially kicked off its new loyalty program called Ignite Season 1. This comes right after the platform completed an invite only beta phase that saw traders push more than $3 billion through the exchange. The platform operates on the RISE Chain and focuses on providing a fully on chain experience for perpetual traders.

The project has gained significant attention due to its list of backers. Both Galaxy Ventures and Vitalik Buterin have provided support for the development of the exchange. This high profile backing helped drive the heavy volume seen during the initial testing period.

Now that the points program is live, users are expected to track their activity to see how they rank. This launch signals a transition into a more public phase for the protocol. Traders should watch for how these loyalty points impact platform liquidity and user retention in the coming months.