RISE Labs
RISE Labs operates RISE Chain, a high-performance Ethereum Layer 2 delivering 1ms latency and 100k+ TPS via a proprietary Parallel EVM, Shreds preconfirmations, and continuous block pipeline. It serves DeFi developers and crypto traders, and runs RISEx, an onchain perpetuals DEX with shared orderbook liquidity.
- Company typePrivate
- Founded2023
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What RISE Labs does
RISE Labs (legal entity Surgelabs Pte. Ltd., incorporated in Singapore) builds RISE Chain, an Ethereum Layer 2 blockchain engineered for high-frequency financial applications. The chain's performance stack combines a Continuous Block Pipeline (CBP), Shreds for sub-3ms interrupt-driven preconfirmations, a Parallel EVM (PEVM) execution engine, RiseDB (a custom EVM state database), ZK fraud proofs, and based sequencing secured by Ethereum validators. Public benchmarks cite over 1–5 Ggas/s compute, 50k–100k+ TPS, and 1ms orderbook latency. The company sells no named enterprise license; instead it operates a product-led growth model targeting DeFi developers (CLOBs, actively managed strategies, DePIN, onchain gaming) through self-serve EVM-compatible RPC endpoints, comprehensive documentation, and developer-cookbook tutorials. The core GTM is permissionless infrastructure with optional hosted tooling (RISE Wallet for gasless passkey transactions, Shreds, Fast VRF for verifiable randomness).
On top of RISE Chain, the company operates RISEx, a fully onchain perpetuals DEX with a shared native orderbook (MarketCore), 1ms orderbook updates, portfolio margin, AutoYield on idle collateral, and support for crypto perpetuals, equities, and commodities traded 24/7. RISEx is gated on mainnet, with public testnet access launched in December 2025. Revenue is usage-based, sourced from blockchain gas fees on the L2 and from trading fees on RISEx transactions; no public pricing or ARR has been disclosed. The company is headquartered in Singapore, has 11–50 employees, and has raised $8M across two seed rounds (September 2024, $3.2M led by Finality Capital; June 2025, $4.8M led by Galaxy Ventures) with participation from Vitalik Buterin, DACM, Orange, P2, Caliber, ether.fi, MH Ventures, and Public Works. In November 2025, RISE acquired BSX Labs (a perpetuals DEX on Base previously backed by Blockchain Capital and Coinbase Ventures) to accelerate orderbook-primitive development; RISE Chain mainnet went live in May 2026.
RISE Labs firmographics
Firmographics- Name
- RISE Labs
- Legal name
- Surgelabs Pte. Ltd.
- Website
- https://risechain.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- RISE Labs operates RISE Chain, a high-performance Ethereum Layer 2 delivering 1ms latency and 100k+ TPS via a proprietary Parallel EVM, Shreds preconfirmations, and continuous block pipeline. It serves DeFi developers and crypto traders, and runs RISEx, an onchain perpetuals DEX with shared orderbook liquidity.
- Ownership category
- akta.pro rank
RISE Labs industry classification
Industry- Product category
- Blockchain Infrastructure
- NAICS
- Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Layer 2 Scaling & Rollups (optimistic/ZK, sequencers, DA usage) (FSAPAAAB)
- akta.pro secondary industries
- MEV, Sequencing & Transaction Supply Chain (builders, searchers, PBS, auctions) (FSAPAAAG), Liquidity Bridges & Cross-Chain Swaps (bridge aggregators, intent-based swaps) (FSAPAKAC), Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI)
Keywords
Where RISE Labs is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
RISE Labs business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Blockchain Gas Fees: Users pay gas fees for transactions on the RISE L2 network, similar to Ethereum's fee model but with ultra-low fees optimized for high-frequency and high-volume activity.
- Trading Fees (RISEx): RISEx, the native perpetuals DEX, generates revenue through trading fees on perpetual futures including crypto, equities, and commodities trading.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Order rate limits based on trading volume |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
RISE Labs product offering
Product offeringCore offering
RISE Labs develops and operates RISE Chain, a high-performance Ethereum Layer 2 blockchain featuring a Continuous Block Pipeline, Parallel EVM (PEVM) execution engine, and based sequencing that delivers 1ms latency and 50,000+ TPS. On top of the chain, RISE operates RISEx, a fully onchain perpetual futures DEX with native orderbook infrastructure (MarketCore), 1ms orderbook updates, portfolio margin, AutoYield, and 24/7 trading across crypto, equities, and commodities. The company sells blockchain gas fees to developers and trading/transaction fees to users of the exchange.
Product overview
RISE Labs offers a layered blockchain infrastructure product portfolio built for high-performance financial applications. The core offering is RISE Chain, an Ethereum Layer 2 delivering 1ms latency and 50k+ TPS. Built on this chain is RISEx, the flagship perpetual futures exchange with fully onchain orderbooks. Supporting products include RISE Wallet for gasless transactions, Shreds for 3ms realtime confirmations, Fast VRF for instant randomness, and Parallel EVM for parallel transaction execution. The architecture combines Continuous Block Pipeline, Based Sequencing via Ethereum validators, and modular data availability using Celestia and EigenDA.
Differentiator
Problem solved
Functional benefit
Brands
- RISEx: The unified exchange - fully onchain perpetuals with 1ms orderbook updates, AutoYield, and portfolio margin. Trade crypto, equities, and commodities 24/7.
- RISE Wallet
- PEVM
- Shreds
- Fast VRF
Products and services
- RISE Chain High-speed Ethereum Layer 2 blockchain delivering over 1 GGas/s compute capacity with 1ms latency, 50,000+ TPS, and EVM compatibility; secured by Ethereum via based sequencing; targeted at DeFi developers building CLOBs, perpetuals, DePIN, and onchain gaming.
- RISEx Fully onchain perpetual futures DEX built on RISE Chain with 1ms orderbook updates, AutoYield on idle margin, portfolio margin, and 24/7 trading across crypto perpetuals, equities, and commodities; intended for institutional and professional crypto traders.
- RISE Wallet Passkey-based wallet with P256 session key management enabling gasless transactions and delegated signing for automated trading strategies on RISE Chain.
- Shreds Realtime transaction preconfirmation service producing 3ms preconfirmations via interrupt-driven block construction, enabling dApps to deliver modern web-like UX onchain.
- Fast VRF Verifiable Random Function delivering results in 3-5 milliseconds for gaming, lotteries, and other onchain applications requiring provably fair randomness.
- Parallel EVM (PEVM) Parallel EVM execution engine enabling concurrent processing of EVM transactions across multiple CPU cores while preserving deterministic outcomes, with benchmarks showing 22x speedup for large blocks with few dependencies.
Companies that use RISE Labs
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
RISE Labs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability2 records
Feature9 records
RISE Labs partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BSX LabscoreRISE acquired BSX Labs, a perp DEX on Base backed by Blockchain Capital and Coinbase Ventures. The team brings expertise from supporting over $15B in orderbook trading volume and will help develop EVM-based synchronously composable orderbook primitives.
Scale indicators5 records
Recent moves6 records
Expansion highlights7 records
RISE Labs competitors and assessment
Company assessmentDirect peers
- Hyperliquid: Hyperliquid runs its own high-performance L1 purpose-built for orderbook perpetual futures trading with sub-second finality. It is the most direct competitor to RISE's combined L2 + perps DEX (RISEx) thesis, competing on the same millisecond-latency, fully-onchain orderbook positioning.
- Sei Network: Sei is a high-performance, parallelized Layer 1 blockchain explicitly optimized for trading and DeFi with orderbook primitives. It targets the same EVM-compatible, low-latency trading infrastructure market as RISE Chain and offers comparable onchain orderbook functionality.
- dYdX: dYdX is a leading orderbook perpetuals DEX that migrated to its own application chain for performance. Like RISEx, it targets professional crypto traders demanding exchange-grade execution and full onchain settlement.
- GMX: GMX is a major onchain perpetuals DEX on Arbitrum/Avalanche with deep liquidity and a large trader base. It is a leading incumbent in the DeFi perps category that RISEx directly competes against for order flow and liquidity providers.
- Monad: Monad is a parallel-execution EVM Layer 1 delivering high throughput with full EVM compatibility. Its parallel execution story closely parallels RISE's PEVM, and both target performance-sensitive DeFi and trading builders.
- Vertex Protocol: Vertex is an onchain orderbook perpetuals DEX on Arbitrum offering cross-margin trading with low fees. It directly overlaps with RISEx on orderbook perps and shared liquidity infrastructure for DeFi composability.
- Drift Protocol: Drift is a leading perpetuals DEX on Solana featuring an onchain orderbook, cross-margin, and high-performance execution. It targets the same exchange-grade onchain derivatives market as RISEx.
Broad incumbents
- Arbitrum: Arbitrum is the largest Ethereum Layer 2 by TVL with a mature DeFi ecosystem that hosts multiple perps DEXs. RISE's EVM compatibility is explicitly designed to onboard apps that could otherwise launch on Arbitrum, making it both a migration source and a competitive threat.
- Base: Base is Coinbase's Ethereum Layer 2 with strong distribution and a growing perps ecosystem including the acquired BSX Labs. As the home chain of BSX before the RISE acquisition, it represents both a competitive venue and a potential integration partner.
- Optimism: Optimism is a major Ethereum Layer 2 within the Superchain ecosystem with broad DeFi and trading activity. RISE Chain competes with Optimism for new high-performance dApp deployments and shares EVM compatibility as a developer acquisition lever.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
RISE Labs social profiles
Digital presenceRISE Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
RISE Labs leadership team
Management profileNumber of profiles
Profiles3 records
RISE Labs subsidiaries and ownership
Company hierarchySubsidiaries1 record
RISE Labs funding detail
Funding detailFunding overview
Funding rounds1 record
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RISE Labs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RISE Labs
What does RISE Labs do?
RISE Labs develops and operates RISE Chain, a high-performance Ethereum Layer 2 blockchain featuring a Continuous Block Pipeline, Parallel EVM (PEVM) execution engine, and based sequencing that delivers 1ms latency and 50,000+ TPS. On top of the chain, RISE operates RISEx, a fully onchain perpetual futures DEX with native orderbook infrastructure (MarketCore), 1ms orderbook updates, portfolio margin, AutoYield, and 24/7 trading across crypto, equities, and commodities. The company sells blockchain gas fees to developers and trading/transaction fees to users of the exchange.
Is RISE Labs a public or private company?
RISE Labs is a private company. It is classified as venture growth investor backed and is currently operating.
When was RISE Labs founded?
RISE Labs was founded in 2023. It employs 11 to 50 people.
Where is RISE Labs based?
RISE Labs is headquartered in Sydney, Australia, in the Oceania region.
How does RISE Labs make money?
Two revenue lines are on record. Blockchain Gas Fees are the primary driver. The others are trading Fees (RISEx).
Who are RISE Labs's main competitors?
Direct peers on record are Hyperliquid, Sei Network, dYdX, GMX, Monad, Vertex Protocol and Drift Protocol. Broad incumbents are Arbitrum, Base and Optimism.
Does RISE Labs have an API?
Yes. RISEx REST API for trading, order management, and account operations. Includes authentication via session keys with EIP-712 typed data signatures, bitmap-based nonce system for replay protection, and rate limiting per address. The API supports placing orders, canceling orders, updating leverage, managing margin modes, and more. Developers can integrate via viem library and Shreds WebSocket package. Developer documentation is at docs.risechain.com/docs/risex/api.
What industry is RISE Labs in?
RISE Labs's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAAAB, Layer 2 Scaling & Rollups (optimistic/ZK, sequencers, DA usage), with a secondary code of FSAPAAAG, MEV, Sequencing & Transaction Supply Chain (builders, searchers, PBS, auctions). Its NAICS code is 523210 and its SIC code is 6200.