Share this article
Ethereum Layer-2 RISE Unveils RISEx and MarketCore to Build Global On-Chain Markets
The move comes as RISE’s acquired BSX Labs, a perp DEX on layer-2 Base, whose technology will underpin RISE’s new global markets offering.
Nov 13, 2025, 2:00 p.m.
Make us preferred on Google
What to know:
- RISE, an Ethereum layer-2 network focused on high-speed performance, is repositioning itself as a “foundation of global onchain markets” with the launch of RISE Markets and RISEx, the company announced Thursday.
- The shift marks a step in RISE’s evolution from a high-performance execution layer into the foundational engine for global onchain trading.
- The move comes as RISE’s acquired BSX Labs, a perp DEX on layer-2 Base, whose technology will underpin RISE’s new global markets offering.
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 into the foundational engine for global onchain trading. With RISE MarketCore, a shared orderbook infrastructure, and RISEx, an onchain perpetuals DEX, RISE is aiming to position itself as the programmable backbone of decentralized finance (DeFi).
STORY CONTINUES BELOW
The move comes as RISE’s acquired BSX Labs, a perp DEX on layer-2 Base, whose technology will underpin RISE’s new global markets offering.
Traditional financial (TradFi) markets, from equities to FX, run on orderbooks, a structure long considered incompatible with blockchains due to latency and synchronization challenges. The RISE team claims that the chain’s ultra-low-latency performance enables these orderbooks to operate entirely onchain, unlocking deep liquidity, composability, and programmability in DeFi.
RISE MarketCore is the part of the network that lets anyone build new trading markets directly on the blockchain. It provides the shared system where all buy and sell orders connect, so liquidity is automatically pooled. Developers can quickly launch markets for spot or perpetual trading, and over time, RISE plans to add more complex products like options and prediction markets.
RISEx is RISE’s main trading platform, designed to give users the experience of a centralized exchange, but with everything happening transparently onchain.
"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 is entering 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 $4M From Galaxy to Power Ultra-Fast Layer-2
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Higit pang Para sa Iyo
From 2016 hack to $150M Endowment: the DAO’s second act focuses on Ethereum security
Ten years after the famous hack, the DAO Security Fund has decided to stake the untouched ETH and use the yield to fund Ethereum security initiatives, honor claims indefinitely, and professionalize governance and key management.
Ano ang dapat malaman:
- In the summer of 2016, the Decentralized Autonomous Organization, known as the DAO, became the defining crisis of Ethereum’s early years.
- Now, nearly a decade later, that story has taken an unexpected turn. What was lost, or rather, left untouched, is being repurposed as a ~$150 million (at today’s prices) security endowment for the Ethereum ecosystem.
- The fund will distribute capital through decentralized mechanisms such as quadratic funding, retroactive public goods funding, and ranked-choice voting for proposals.
Top Stories
