RISELive
RISE Points· Season 1: Ignite· 25% of supply (assumed)Not published. Assumed 25% — the median genesis airdrop across comparable perp-DEX launches (Backpack, Lighter and Paradex 25%, GRVT 28%, edgeX 30%, Hyperliquid 31%).
Open interest
$81.23M
24h volume
$108.22M
TVL
$20.77M
Annual revenueVolume annualised at a 2.10bps blended take rate.
$8.29M
Points outstanding
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RunningStarted 2026-07-20
98d
Not tracked — enter an estimate
$
Multiples model: what comparable perp DEXs launched at, applied to this venue's revenue, volume, open interest and TVL. Range $65.02M–$288.94M.Regression on Revenue · ecosystem, n=10, refit daily on listing-day and live FDVs. Range $818.25M–$8.93B.
%
Not published — assuming the typical 25% launch shareNot published. Assumed 25% — the median genesis airdrop across comparable perp-DEX launches (Backpack, Lighter and Paradex 25%, GRVT 28%, edgeX 30%, Hyperliquid 31%).
Value per point
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Add total points to price a point.
Your holding
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Enter your points to see what they're worth.
Sensitivity · $/point
Not enough data to model
Needs points outstanding, an expected airdrop percentage and at least one valuation factor.
Rows are launch FDV (log-spaced around the FDV set in the calculator); columns are the share of supply going to the airdrop. Cells are the resulting value of one point, after any haircuts set under Advanced.
Fair-value breakdown
Annualised revenue$209.45M
$8.29M × 25.3×40%
Annualised volume$44.22M
$39.50B × 0.0×25%
Open interest$96.90M
$81.23M × 1.2×20%
TVL$85.77M
$20.77M × 4.1×15%
Blended fair value$127.08M
p25–p75 band$65.02M – $288.94M
Multiples fitted on 6+ comparable launches. Weights are normalised across whichever factors survive, so dropping one reweights the rest rather than scoring it zero.
PolymarketDisplay only · not fed into token probability
Token launch
- June 30, 202648%
- September 30, 20260%
- December 31, 202617%
- March 31, 202749%
- June 30, 202735%
- September 30, 202748%
- December 31, 202748%
Day-1 FDV
No FDV ladder.
OTC price history
No OTC quotes for this programmeQuotes parsed from Telegram OTC desks, deduplicated and outlier-filtered.
GET /api/points/otcDaily medians of anonymous desk quotes. Treat as sentiment, not a price — a desk that wants to move the printed mid only has to post into the channel.
Emissions & dilution
Every point issued after you earn yours dilutes your share of the same pool. A programme emitting steadily is worth less per point tomorrow than today, all else equal.
What we know0 facts
Brand new — Season 1 began 2026-07-20 with the first weekly distribution on 2026-07-28, so only two distributions have happened. The season concludes no later than Q2 2027 (a bound, not a date). A retroactive Season 0 distribution went out 2026-07-23 covering an invite-only beta that did ~$3B volume, but its size was never published, so cumulative outstanding is unknown; the floor is ~400k. Watch the most-quoted RISEx line: '100% of RISE points are allocated to RISEx users' means points are not shared with a wider chain ecosystem, NOT that 100% of token supply goes to points holders. Weightings are unpublished and change weekly, and qualifying activity includes slippage and negative markouts, not just volume. Trading is still invite-gated and there is no completed third-party audit as of July 2026. Ecosystem: RISE is a general-purpose L2; RISEx is its perp DEX, so a RISE token would price the chain, not just the venue.
Statusactive · Season 1: Ignite
Facts last verified2026-10-19 (6d ago)
TGE expected—
Airdrop share of supplyNot published (model assumes 25%)estimatedOur estimate — not published by the venue
Points outstanding
Conversion ratios are set by each team at distribution time and no programme is obliged to ship a token. Never trade solely to farm an airdrop.