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About RISE Chain
RISE Chain is a Layer 2 on Ethereum focused on a high-throughput EVM execution environment. General-purpose rollups hit sequencer throughput and state growth at peak times, confirmations stretch, and order-book or market-making applications struggle to hold continuous quotes on-chain; the chain produces blocks continuously with its own sequencer, offers sub-second preconfirmations, executes transactions in parallel while partitioning conflict domains by account, and posts compressed batches and state roots to Ethereum for final settlement after the challenge window. Bytecode equivalence lets existing frameworks and wallets deploy unchanged, with fees denominated in ETH.
Preconfirmations come from a single sequencer and carry no Ethereum-grade censorship resistance, so a sequencer failure leaves users on the forced-withdrawal path. Parallel execution degrades when hot accounts conflict, and real throughput depends on state access patterns. Liquidity fragmentation across L2s adds bridging and waiting periods, and sequencer revenue plus MEV sharing rules shape how fairly transactions are ordered.
RISE Chain, an Ethereum Layer2, has achieved key milestones in its development. In June 2025, it secured $4 million from Galaxy Ventures, bringing total funding to $8 million, aimed at advancing its mainnet launch. Earlier, ether.fi's $40 million venture fund included RISE Chain among its first investments, alongside Resolv and Symbiotic. These financial backings underscore confidence in RISE's technical approach, which combines Based Rollup with parallel EVM to deliver high throughput and low latency. The project's roadmap, as outlined in its blog, emphasizes a phased transition to decentralized sequencing, ultimately leveraging Ethereum validators for preconfirmations. These funding rounds and technical strides mark significant long-term milestones, positioning RISE to redefine Layer2 performance while maintaining Ethereum-aligned security.
In May 2026 RISE, an Ethereum L2 for high-performance DeFi, launched on mainnet, claiming sub-3-millisecond latency and over 100,000 TPS, and fully integrated with Dune Analytics so transactions, blocks, and gas data are publicly queryable. RISE uses a hybrid optimistic-plus-ZK fraud-proof security model and launched RISEx for order-book trading and MarketCore for permissionless market deployment, after acquiring Base-based perpetual DEX BSX Labs.
RISE Chain's Future strategy and roadmap: RISE will expand public trading on RISEx and permissionless market creation on MarketCore, adding options and prediction-market categories. Its acquired BSX Labs perps capability folds into the order-book stack, and it advances Ethereum-validator-based sequencer decentralization, opening its sub-3ms, 100k-TPS DeFi performance to more apps and developers.
RISE Chain's three co-founders split strategy, growth and execution. CEO Sam Battenally graduated from the Australian National University with an honours degree in electronics, communications and mechatronics engineering, then designed hardware and firmware at Electro Optic Systems and Genesys Electronics Design. In 2017 he moved to Seeing Machines to lead hardware-software co-design, joined Okra Solar in 2019, and in 2021 co-founded Robo Labs as CTO.
Chief growth officer Sasha Mai studied international management and entrepreneurship at Boston University and UC San Diego, returned to Asia to join Kyber Network, and rose from marketing manager to head of business development and growth before building RISE Labs with Sam in 2024. CTO Hai Nguyen owns the parallel EVM and mempool work. Battenally and Mai own company and growth respectively, Nguyen leads technology, and core members mostly carry hands-on backgrounds in low-level networking and virtual machines.