Technical Architecture
How RISEx is built — onchain components, performance, and security.
RISEx is a fully onchain perpetuals DEX built on RISE, an optimized L2 which delivers near-instant transactions with 1ms latency, all secured by Ethereum. Compared to other perpetual DEXs that have all their critical functions sitting in a centralized sequencer, RISEx has brought all of this onchain where users can verify all transactions that run through the following on RISEx:
- Clearinghouse — Manages the health check of every user on the exchange, coordinating the leverage a user can take to when a user gets liquidated
- Orderbook — Manages the market for the perpetual pair. The orderbook updates ~1ms to ensure the most up-to-date state is always reflected, so traders can run their strategies optimally on RISEx
- Oracle — Pushed to the exchange every 500ms to reflect the most up-to-date pricing
RISEx has built a transparent system where all transactions can be verified onchain while also maintaining the speed needed to operate a high-frequency orderbook-based perpetual trading exchange.
Performance
- Orderbook updates states every 1ms
- E2E order latency is ~3ms
Security
RISEx leverages ETH L1's security. Since all core components of RISEx are fully onchain every match can be verified and secured by the L1.