Rise Testnet Guide: A New Ethereum L2 Backed by Vitalik Buterin and Polygon Ventures

Rise Testnet is a Layer 2 blockchain built by Rise Labs, featuring the Rise pEVM (Parallel Ethereum Virtual Machine). It lets Ethereum-compatible smart contracts run in parallel, meaning multiple contracts can execute at the same time. This boosts scalability, speeds up transactions, and improves overall performance.

Investments in the project: $3.2M
Investors: Vitalik Buterin, Polygon Ventures

Step-by-Step Guide:

1. Go to Rise Testnet website
2. Click “Add Network” to add the Test Rise network.
3. Next, go to website and enter your wallet addres
4. Request test tokens: $ETH, $MOG, $RISE, $PEPE, $USDC, USDT, $WBTC
5.  Lend/borrow tokens on InariFi.
6.  You can see the full list of projects from the Rise ecosystem here. Some of them will be launched soon.

Make Swaps:

1. Go to Clober website and connect your wallet
2. Make a few swaps
3. Go to GasPump Website and connect your wallet
4. Make a few more swaps.
5. Then, click on “Pool” and add liquidity

A few words about Rise Testnet:

Rise is a next-generation Ethereum Layer 2 blockchain built for speed and scale—offering instant transaction confirmations with lightning-fast 10-millisecond latency, all while staying true to Ethereum’s decentralized roots. With the potential to handle over 100,000 transactions per second, RISE is designed to support millions of users at once. By removing the usual pain points of blockchain adoption, RISE creates a smoother, faster experience for both developers and users—opening the door to a whole new wave of crypto applications.