RISEx Announcements
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The First Integrated Perpetuals DEX on RISE Chain
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The founding 25.

Claim your seat and earn OG status on RISEx by competing in our newest challenge.

You have 14 days to earn a seat:

• Start: 07:00 UTC, May 29
• End: 07:00 UTC, June 12

Your activity is tracked automatically, no registration required.

https://x.com/risextrade/status/2060254840736137656
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DOGE trading is now LIVE! 🐕

Long or short with up to 10x leverage.

Get started: http://go.rise.trade/49WfQWc

https://x.com/risextrade/status/2060353908292321692
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$1B in trading volume surpassed on RISEx since Private Beta opened.

https://x.com/risextrade/status/2061316512393339371
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Become an OG. Day 3.

The top traders are pulling ahead, and only 25 spots are up for grabs with 11 days left on the clock.

https://x.com/risextrade/status/2061444160754942017
Surprise Code Drop
We rewarded the community members putting in work on RISEx. What gets rewarded?

Showing up. Trading consistently. Bringing in quality traders.

Check your RISEx account. Extra invite codes mean this one is for you. A thank you from us.

Got codes? Share them with good people and grow the ecosystem.

Account empty? This is not the last drop. Keep showing up.
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Hey. We have had some reports of TPSL issues on RISEx. There are a few scenarios happening:

1 Limit order TPSL not filling
The default mode of TPSL on RISEx is by a limit order, and the default limit order price is the trigger price. However, this means that when the market is moving, a limit order placed at the trigger price often won't be filled. To gain confidence that it will be filled, users need to specify a more aggressive limit price.

We are going to make this easier by adding a 1bp price difference by default, with an option for users to increase the aggressiveness of the limit order in bps.

2 Market order TPSL partially filling
Our market order TPSL includes slippage protection; by default, it’s set to 0.3%, so anything up to that 0.3% is filled, the rest of the position remains. However, when the market is moving, the slippage setting may not be enough. We will be increasing this to 1% while also improving the book liquidity during volatility.

3 Adverse slippage during volatility
The Vault is the dominant market maker on the venue today. The vault has to balance capital protection with book uptime and depth. During volatility, the vault will shuffle it’s grid to track the price and maintain liquidity. In some circumstances, the vault has been removing orders from the book a little too aggressively, meaning there will be periods (measured in milliseconds) when the book is thin, which on a few occasions has led to the order not filling (slippage limit hit in #2) and not being replaced.


If you have been affected by any of these, please do open a support ticket on Discord and we will do what we can to help

This is not the experience we want any user to have on our venue. We intend to build a world-class product, but it will take some time. We will be deploying improvements throughout the day.

Thank you for being patient with us while we improve the product.

Happy trading

- Sam
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Quick product update!

TPSL Improvements
We have updated the TPSL UX to default to market orders, this is more intuitive for users.

However, to improve limit order TPSL UX, we’ve added a relative-bps dial for your limit order price, relative to the trigger price. Increasing this will raise the fill rate of limit-order TPSLs.

Additionally, there have been a few cases of TPSLs being partially filled - for this we’re working on a solution, which will likely be retries until the position completely closed.

Vault Upgrade
Earlier today we upgraded the vault market maker. Over the past week we’ve been playing cat-and-mouse with toxic flow (at the vaults expense), but I’m glad to share we shipped a pricing improvement to the vault and it looks to have eliminated that problem entirely (for now!).

This upgrade has some additional benefits:
- Book micro-uptime resolved, there’s no longer small (milliseconds) gaps when repositioning levels
- New pricing architecture supports more assets, so expect our first commodity and equity listings in the coming weeks!

That’s all for now - back to the book microstructures.

Happy trading, rtfu

- Sam
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We’re currently experiencing degraded performance on our bridging.

Most bridged funds are getting through, but a few are stuck inflight with Layer Zero. Layer Zero recently upgraded their security to require more RPCs, and what appears to be a lagging RPC node has caused this.

We’re working closely with the Layer Zero team to resolve this quickly.

I appreciate your patience while we resolve this.

Thank you!
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7 days in. 7 days left.

Here’s how things stand after Week 1 of the OG Trader challenge.

https://x.com/risextrade/status/2062877692538826760
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One shot at OG Trader status. 4 left.

The rewards you lock in now follow you through your entire RISEx journey.

https://x.com/risextrade/status/2063917270993408384
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RISEx is live on Arbital.

Arbital brings systematic institutional market-making to RISEx, meaning deeper liquidity and tighter spreads across every market.

https://x.com/risextrade/status/2064303414696448399
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RISEx in Seoul, one night only.

18 June at Future House.

Expect networking, panel discussions, and direct conversation with the team. For active traders and builders onchain.

Register: https://luma.com/RISExNightKorea

https://x.com/risextrade/status/2064651819486482616
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RISEx is now live now Cedeflow

Cede Flow makes it easier to run high-performance MM bots on RISEx.

A fast path to RISEx liquidity.

https://x.com/risextrade/status/2064711115482054859
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Don’t sleep on the job.

New invite codes just dropped. Time to bring more friends to RISEx.

Claim yours here: http://go.rise.trade/4vBtRkr

https://x.com/risextrade/status/2064996058317619341
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One day left. It’s crunch time.

The OG Challenge closes June 12 at 07:00 UTC. Want early benefits on RISEx? This is your chance to secure one of 25 OG seats.

Rise to the top: http://go.rise.trade/4ohgLGR

https://x.com/risextrade/status/2065025756846244193
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VVV and LIT are live on RISEx.

Trade with up to 3x leverage.

https://x.com/risextrade/status/2065329630954012831?s=20
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RISEx Founding OGs Challenge is officially closed.

https://x.com/risextrade/status/2065418023364878619
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