The Good Tech Companies - RISE Acquires BSX, a Perp DEX On Base, to Accelerate Development of The First Integrated Orderbooks

Episode Date: November 11, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/rise-acquires-bsx-a-perp-dex-on-base-to-accelerate-development-of-the-first-integrated-orderbooks. Team will help RISE develop EVM-based synchronously composable orderbook primitives. BSX token holders will be eligible for an airdrop of RISE’s upcoming native Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #rise, #chainwire, #press-release, #blockchain-development, #crypto-exchange, #crypto-adoption, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. BSX Labs brings expertise from supporting over $15B in orderbook trading volume. Team will help RISE develop EVM-based synchronously composable orderbook primitives. BSX token holders will be eligible for an airdrop of RISE’s upcoming native token.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. RISE acquires BSX, a perp-dex on base, to accelerate development of the first integrated order books. By Chainwire, Singapore, Singapore, November 11, 2025, Chainwire, BSX Labs, backed by blockchain capital and Coinbase ventures, brings expertise from supporting over $15 billion in order book trading volume. The team will help RISE develop EVM-based synchronously composable order book primitives that will bridge traditional financial markets. Rise today announced its acquisition of BSX Labs, the team behind the BSX perpetuals exchange on the base network. The BSX team's experience in designing and operating a hybrid order book trading system positions rise to accelerate innovation in fully on-chain order book products, a core use case of RISE's high-speed Ethereum Layer 2 blockchain. This collaboration will deliver integrated orderbook primitives that benefit from synchronous composability

with other defy applications, higher speed and throughput, and increased compatibility between blockchain and traditional financial markets, opening new opportunities for both retail and institutional users as well as app developers. Greater than, the BSX team built an impressive trading engine that attracted significant greater than volume and a loyal user base, said Sam Badenali, CEO of Rise. integrating greater than their technology and talent is a key strategic step for us. It accelerates our greater than roadmap towards launching a native, best-in-class order book infrastructure on greater than rise. The market is yet to see fully composable order books on chain

and at scale. Existing solutions are either fragmented with custom execution, or the underlying chain cannot support such scale. With the immense forecasted growth off stablecoins and tokenization, Rise, together with the BSX team, is taking an opinionated bet that integrated perks and spot order books will be the preferred infrastructure for brokers, asset issuers and retail traders. With integrated order books, retail brokers get access to deep liquidity, asset issuers can list spot and perps instruments for their assets, and users get access to the best execution, new assets and net new defy yield opportunities. BSX launched in 2023 and processed over $15 billion in cumulative.

trading volume. The acquisition will provide a path forward for BSX token holders, who will be eligible for an airdrop of RISE's upcoming native token, with 1.5% of the RISE token total supply allocated to BSX tokens currently in circulation in the market. Greater than, joining rise is an incredible opportunity for our team and our community, greater than said Avi, CEO of BSX Labs. We share a vision for a more performant and greater than transparent on-chain trading future. The resources and ecosystem of rise, greater than we can now build that future at a much larger scale. As part of the integration, the BSX decentralized exchange, DECS, will best unset it in a structured one-week process.

The shutdown of the BSX DEX will comments on November 11, 2025 at 1,500 coordinated universal time. Users can visit the BSX blog for instructions on closing positions and withdrawing assets, and for further details, about BSXLABSX lab. was the developer of the BSX protocol, a decentralized perpetuals exchange on base, backed by blockchain capital, Coinbase Ventures, Arthur Hazan Moore. The BSX team comes from an impressive background with past experience at Coinbase, Cracken, Jump, and FalconX. About RISE is a high-performance Ethereum Layer 2 that powers programmable markets in chain. Built for C-EX grade performance

and full EVM Composability, RIS Enables builders, traders, and institutions to create and connect to global order books alongside a thriving defy ecosystem with ease. Rise is re-architecting the financial stack for a transparent, composable, and unstoppable on chain economy. Contact SC Go-Sasha My Rise Lab Sasha at RISLabs. com.X, Director Henry Nguyen, BSX Labs,

Henry at BSX.exchange, this story was published as a press release by Chainwire under Hackernoon Business Blogging Program. Do your own research before making any financial decision. Thank you for listening to this Hackernoon story, read by artificial intelligence. Visit hackernoon.com to read, write, learn and publish.