Catenaa, Tuesday, November 25, 2025- RISE, an Ethereum Layer 2 blockchain, has acquired BSX Labs, the team behind the BSX perpetuals exchange on the Base network, to accelerate development of fully composable onchain orderbooks.
The move aims to bridge DeFi and traditional finance through integrated orderbook primitives.
BSX Labs brings expertise from supporting over $15 billion in cumulative orderbook trading volume.
Its experience in hybrid trading engines positions RISE to deliver high-speed, composable orderbooks that are interoperable with other DeFi applications and compatible with institutional and retail trading needs.
The acquisition will enhance throughput, execution quality, and connectivity between blockchain-based and traditional financial markets.
Sam Battenally, CEO of RISE, said integrating BSX’s technology and talent is a strategic step toward launching a native orderbook infrastructure on RISE.
The combined effort targets scalable onchain perps and spot orderbooks, addressing gaps in existing fragmented solutions that lack synchronous composability or chain capacity.
BSX token holders will be eligible for an airdrop of RISE’s upcoming native token, with 1.5% of the total RISE supply allocated to circulating BSX tokens.
The BSX decentralized exchange will be shut down over a one-week structured process starting November 11, 2025, with instructions for position closures and asset withdrawals provided on the BSX blog.
