FAQ
Frequently asked questions about RISEx
General
What is RISEx?
RISEx is a fully onchain orderbook DEX built on RISE Chain, supporting both perpetual futures and spot markets. Unlike hybrid exchanges with off-chain matching engines, RISEx executes all orders, matching, and settlement within the EVM.
What's the relationship between RISEx and RISE?
RISE and RISEx are one team, one vision, one token. RISE is the infrastructure layer that finally supports onchain orderbooks, and RISEx the flagship exchange built on that infrastructure. RISEx will bootstrap activity on RISE and fuel a thriving DeFi ecosystem on RISE.
When will RISEx be live?
RISEx private mainnet will go live in March!
How do I get access to the private mainnet?
Get access through:
- Direct invite from the team
- Via our waitlist referral leaderboard
X DMs are open if you want to connect with the team @risextrade
How is RISEx different from Hyperliquid?
Hyperliquid showed the world what's possible with onchain orderbooks, but it's missing one key structural feature - synchronous composability. Hyperliquid runs on a custom L1 with a separate execution environment. RISEx runs on RISE, an EVM-compatible chain, which means it's synchronously composable with all other DeFi protocols. Your positions can be used as collateral in lending protocols, yield strategies can manage your margin, and builders can integrate permissionlessly. Read more.
How is RISEx decentralized?
RISEx is powered by RISE, an Ethereum Optimistic L2 which has been fine-tuned to support realtime orderbooks onchain. L2s inherit Ethereum's security for settlement and data availability. Execution is managed by centralised sequencers, however, we are building toward progressive decentralization.
Is RISEx matching onchain?
All trading logic executes onchain and is verifiable, accessible with a familiar EVM block explorer. There are no off-chain components for matching or settlement.
Does RISEx support spot trading?
RISEx currently supports perps, spot will come soon. See our roadmap for details.
Trading
What leverage is available?
Leverage varies by market. See market configuration for current limits per asset.
What are the fees?
See the full fee schedule details.
How fast is execution?
RISE Chain has sub-3ms execution. Cancel orders, for example, are sub-1ms. Orders and trades execute in realtime.
Technical
What collateral is accepted?
USDC is the base collateral asset. Portfolio Margin will unlock any ERC20 as collateral once available.
Is there an API?
Yes! See the API documentation.
Where are the smart contracts?
See the Contracts page for architecture and addresses.
Safety
Is RISEx audited?
RISEx contracts have undergone internal audits and are in the process of third-party audits. Audit reports will be published once complete.
What happens if I get liquidated?
RISEx uses partial liquidations first, giving you the best chance to stay in the market. Liquidation triggers when your health factor falls to 1 or below. See liquidations for details.
What is health factor?
Health factor = cross_margin_balance / total_maintenance_margin. Above 1 is safe, at or below 1 triggers liquidation.