Ethereum Layer-2 RISE Acquires BSX Labs Behind Base Perp DEX

According to RISE, the Ethereum layer-2 is evolving into a backbone for global onchain markets, integrating BSX Labs’ technology to power new trading platforms.

ETH

Summary

Ethereum layer-2 network RISE announced it is repositioning as the "foundation of global onchain markets" with the launch of RISE Markets and RISEx. The move follows its acquisition of BSX Labs, the team behind the Base perp DEX BSX. BSX’s technology will support RISE’s new trading infrastructure, including RISE MarketCore, a shared onchain orderbook enabling developers to build markets for spot, perpetuals, and, later, options and prediction markets. RISEx will serve as RISE’s flagship onchain perpetuals DEX, offering a centralized exchange-like user experience with transparent onchain operations. RISEx enters closed mainnet this quarter, with a public launch in early 2026, while RISE MarketCore will open for permissionless deployment thereafter.

Terms & Concepts
  • Layer-2 network: A secondary framework built on top of a blockchain like Ethereum to improve scalability and transaction speed.
  • Perpetual DEX: A decentralized exchange offering perpetual futures contracts without an expiration date.
  • Orderbook: A list of buy and sell orders for a specific asset organized by price level, facilitating trade matching.