RISE, an Ethereum Layer 2 network designed for high-performance finance, launched its mainnet on May 7, claiming speeds of over 100,000 transactions per second (TPS) and sub-three-millisecond latency, placing it in direct competition with centralized exchanges.
"Onchain transparency only works when the data is queryable, and Dune has set the gold standard for that," Sam Battenally, Co-founder of RISE Chain, said in a statement regarding the network's immediate integration with Dune Analytics. "Builders evaluating a chain and traders evaluating a venue shouldn’t have to take the team’s word for anything."
The launch makes all of RISE's network data, including its claimed 100,000+ TPS throughput and block behavior, publicly verifiable through Dune's platform. The project, developed by Rise Labs, uses a hybrid optimistic and ZK fraud-proof system alongside a Parallel Ethereum Virtual Machine (pEVM) to achieve its performance benchmarks. According to DefiLlama, the RISE token (RISE) traded at $0.003171 as of May 6, 2026.
The move positions RISE to attract developers and traders looking for centralized exchange (CEX)-grade performance within a decentralized, on-chain environment. The project's ability to deliver high throughput and low latency could enable more demanding DeFi applications, from high-frequency trading to fully onchain orderbook markets, increasing competition among existing L2 solutions like Arbitrum and Optimism. The mainnet launch follows a $3.2 million seed round in September 2024 led by Finality Capital.
Onchain Performance Meets Transparency
RISE's core value proposition is its ability to merge high-speed transaction processing with the verifiable transparency of public blockchains. By making its data available on Dune from day one, the project is directly addressing the opacity that often surrounds the performance claims of new blockchain networks. Users and developers can now build real-time dashboards to monitor core network activity, contract deployments, and fee dynamics, holding the platform accountable to its ambitious technical promises.
The network's architecture is engineered for market-critical workloads, targeting a throughput of over 50,000 TPS and 5 Ggas/s. This is achieved through its Continuous Block Pipeline, an optimization designed to streamline transaction processing. While maintaining full compatibility with Ethereum's tooling, this performance could provide a compelling alternative for DeFi projects that currently rely on off-chain or centralized components for speed. The key test for RISE will be maintaining these performance levels under the stress of real-world trading volumes and market volatility.
This article is for informational purposes only and does not constitute investment advice.