RISEx: Competition and points campaign

RISEx is a decentralized platform for spot and perpetual trading of securities built on Risechain.

The project has reportedly raised $9.2 million from investors including Coinbase, Galaxy, and Vitalik Buterin.

The team has announced a Competition for traders that lets users farm points while competing for cash prizes. The total prize pool is $20,000, with additional points allocated for the competition.

The tournament runs until July 13. After it ends, the team says the main points campaign will be launched.

Participation requires registration on the platform and trading at least $10,000 to register, while $100,000 in volume is required to take part in the tournament itself. The scoring considers volume, PnL, and open interest.