RISE, an Ethereum layer-2 network focused on high-speed performance, is repositioning itself as a “foundation of global onchain markets” with the debut of RISE Markets and RISEx, the company announced Thursday.
The shift marks a step in RISE’s evolution from a high-performance execution layer to the fundamental engine for global onchain trading. With RISE MarketCore, a shared order book infrastructure, and RISEx, an onchain perpetuals DEX, RISE aims to position itself as the programmable backbone of decentralized finance (DeFi).
This move comes after RISE acquired BSX Labs, a Layer-2 Base offender DEX, whose technology will underpin RISE’s new global market offering.
Traditional financial (TradFi) markets, from stocks to currencies, run on order books, a structure long considered incompatible with blockchains due to latency and synchronization issues. The RISE team claims that the ultra-low latency on-chain performance allows these order books to operate fully on-chain, unlocking deep liquidity, composability, and programmability in DeFi.
RISE MarketCore is the part of the network that allows anyone to build new trading markets directly on the blockchain. It provides the shared system where all buy and sell orders connect so that liquidity is automatically pooled. Developers can quickly launch markets for spot or perpetual trading, and over time RISE plans to add more complex products such as options and prediction markets.
RISEx is RISE’s premier trading platform, designed to give users the experience of a centralized exchange, but with everything done transparently across the chain.
“RISE was never just about building a faster blockchain. It’s about enabling a new market structure for the internet,” said Sam Battenally, CEO of RISE, in a press release shared with CoinDesk.
RISEx will enter its closed mainnet phase this quarter, with a public launch expected in early 2026. RISE MarketCore will then open for permissionless deployment of new onchain markets.
Read more: RISE Chain Secures $4 Million from Galaxy to Power Ultra-Fast Layer-2