Kyle Samani out.
Sashaaa in.
Real talk though. How are you guys letting a *one week old* Perp Trader beat you all?
Day 3 on RISEx looking good, for me...so far. :)
$1B in trading volume surpassed on RISEx since Private Beta opened.
Built with feedback from the traders who showed up first and helped refine the product.
Thank you for the continued support. This is just the beginning.
there are 500 chains on defillama. only the top 15 do more than $5k/day in fees.
the rest are dead and ghost chains - did their tge, extracted from VCs and users, and founders disappeared.
they'll be back next cycle with a new shiny narrative
With these TBs of trace data to study, we've shipped 2 contract upgrades that reduced gas consumption by 20-60% each.
The one yesterday brought RISEx transaction processing down to ~900μs. Not too bad for fully on-chain orderbooks, but yeah, we will continue to bring it down 10x in the upcoming chain & contract upgrades.
For now, we're so ready to list many more exciting markets. Stay tuned!
🧵 @risextrade Summary on Fully Onchain Perp DEX
1/ Until now, every Perp DEX forced one of three compromises — off-chain matching (edgeX, Paradex, Aster), a single-purpose chain (Lighter), or a dedicated L1 with separated state (Hyperliquid).
2/ RISEx refused the tradeoff. PEVM (Parallel EVM), CBP (Continuous Block Pipeline), Shreds (millisecond preconfirmations), and Based Sequencing together made EVM orderbooks economically viable. Sub-3ms execution, sub-1ms cancels.
3/ The real differentiator isn't speed — it's composability. Morpho, Yearn, and Curve share the same EVM state as RISEx. Position as collateral, collateral as yield asset, hedge in one atomic tx — something even Hyperliquid's HyperEVM can't do.
4/ After running bots myself, the question flipped on me. It's no longer "can a Perp DEX be fully onchain?" It's now: "Going forward, is there any reason to use off-chain matching at all?"
This might piss off a lot of people but, just want to put it out there for whoever cares.
@risechain raised less than $10M does more in chain fees than combined fees of :
MegaETH + Monad + Linea + Morph + Worldchain + Ink + ZKSync + Tempo + Taiko + Soneium + Unichain + Scroll + Celestia + Sei + Sonic + Manta + Plasma + Story + Fluent + Peaq + Swellchain + Blast + Fuel + Fogo + Eclipse + Namada + Sophon + Zircuit + Zora + zkLink + Soon + Xion + Camp + Saga + many more.
Can you guess the total venture capital these ecosystems raised in the last 2 years?