RISEx
A Tier
LATEST UPDATE · OCTOBER 27, 2026
Season 1 Ignite: 200k points a week (Tuesdays 14:00 UTC), 4.2M out of an expected 8–11M total, ~6.4k active accounts (airdrops.io, Oct 26). XRP boost to Nov 3. OTC points quoted $1.50–2. Polymarket: 59% odds of a token by end-2027.The numbers
Expected FDV
$400m
$150m – $1b
Airdrop pool
$80m
20% assumed; official wording is "future token distribution", 100% of RISE points to RISEx users
Team score
8/10
founders, exits, backers, flags
Wallets earning
6,356 accounts in week 13 (official, Oct 20)
fewer is better for you
Token window
Ignite ends by Q2 2027
points end Q2 2027
points live 3 months; token talk for 12
$10m$100m$1b$10b
How we got the FDV: Derive ($530m) and GRVT, plus a chain-token premium: RISE is the L2's token (1.5% is already promised to BSX holders).
Cleanest small cap: a token distribution is stated (not formally announced), only ~6k wallets earning, Galaxy and Vitalik behind it.
About $1,630–1,960 of airdrop per $1m of volume. 4.2M points are out of an expected 8–11M across roughly 6.4k accounts, so the points-per-wallet math is the best on the board. The docs say points feed a 'future token distribution' and '$RISE' appears only as a trademark, so treat the token as promised rather than confirmed. Watch earner growth: if active accounts keep growing more than 10% an epoch, the edge fades.
Cut it if: active accounts pass 9k, or open interest stalls under $40m.
Who's farming it: philarmonia0x calls it the best output for the same capital (Oct 24); coinmetrika tracks ~11% more earners per epoch. Polymarket: 59% odds of a token by end-2027, 3% by end-2026 (the program runs into 2027).
What is RISEx?
The native perpetuals venue of RISE, an Ethereum L2 (RISE Labs: Sam Battenally, Hai Nguyen, Sasha Mai Herbert, plus the acquired BSX Labs team). About $8M raised from Finality and Galaxy with Vitalik Buterin, Stani Kulechov and EtherFi as angels. Docs say 100% of RISE points go to RISEx users for a 'future token distribution'. Season 1 'Ignite' pays 200k points a week from July 20, 2026 until no later than Q2 2027; Season 0 'Genesis' paid retroactively on July 23.
Airdrop parameters
POINTS / CLAIM END
Ignite runs to Q2 2027
ALLOCATION
Not published; 20% assumed. 1.5% of RISE already promised to BSX holders
METHOD
200k points a week (Tuesdays 14:00 UTC): maker and taker volume, fees paid, open interest × hold time, referrals 10%; weights change weekly on purpose
TGE
Ignite ends by Q2 2027
ACCESS
Invite code from an existing user (codes unlock with weekly volume). Not for US, Canada, UK, Russia, Venezuela or Vietnam; VPNs banned. USDC collateral, ETH for gas on RISE.
CHAIN
RISE
How to farm
01
Get an invite code (non-US)
Ask in the RISEx Discord or X. Codes are earned by weekly volume (about $600k per code, per farmers).
02
Bridge ETH and USDC to RISE and deposit
rise.trade has a native deposit. Keep a little ETH for gas. Fees: 1.0 maker / 3.0 taker bps at tier 1.
03
Post-only maker plus some taker, and hold
Open interest times hold time is scored, so keep hedged positions open across the week. Rapid in-and-out flow is scored down. XLP vault volume earns nothing.
04
Use the boosted markets
+20% on RWA markets since Aug 17; +20% on XRP from Oct 20 to Nov 3 (per community trackers).
05
Watch the earner count each Tuesday
About 6.4k accounts share 200k points a week. If it climbs past 9k, scale down.
06
Refer once you qualify
Referrers earn 10% of referee points.