RISE Makes Power Move: Acquires BSX (Base’s Perp DEX) to Fast-Track Integrated Orderbook Dominance
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DeFi's consolidation game heats up as RISE snaps up BSX—a perpetual futures DEX built on Coinbase's Base chain. The play? To merge liquidity and tech stacks for what could be the first truly seamless orderbook experience in crypto.
Why this matters: Integrated orderbooks solve fragmentation—the dirty secret of decentralized trading. No more hopping between platforms chasing liquidity. If RISE delivers, it’s a win for traders (and a headache for CEXs clinging to their 30% fees).
The cynical take: Another 'synergies' narrative for the acquisition-happy crypto space. But with Base's scaling momentum and RISE’s track record, this might actually work—until the next shiny thing distracts the degens.