RISE derivatives platform launched ecosystem phase 1 with major RWA listings and infrastructure integrations, achieving $7.5B total volume with $1.64B in RWA trading.
DeFi & Yields ·
RISE, a derivatives platform, launched the first phase of its ecosystem and expanded real-world asset (RWA) offerings, adding listings for commodities and equities including gold, silver, oil, natural gas, and stocks such as QQQ and SPY. The expansion coincided with integrations involving Icarus Finance, Kyber Network, m0, Shift Protocol, Helios Trade, Bungee Exchange, and 4th Kingdom. The platform also rolled out a mobile interface refresh alongside features including reduce-only good-til-cancel orders and netted margin.
The protocol reached $7.5B in cumulative volume, with RWA trading representing $1.64B of that total. Peak 24-hour volume hit $202.45M, while open interest peaked at $55.29M. The platform supported 27 markets across 10,230 active accounts and generated $2.33M in fees. Daily active users peaked at 3,580, and the XLP Vault recorded $910.7K in profit and loss.
Liquidity and risk metrics show $23.22M in total value locked, $150K distributed through affiliate rewards, and $24.3M in cumulative liquidations. The extent of adoption across the newly integrated partners and the sustainability of RWA trading demand relative to traditional derivatives activity remain to be seen.