DeFi project EverRise (RISE) soars on protocol upgrade – know details

Follow us on Google News:
 DeFi project EverRise (RISE) soars on protocol upgrade – know details
Image source: Chinnapong,Shutterstock


  • EverRise upgraded its protocol and launched Ethereum, BSC, and Polygon on Nov 29.

  • The token saw record highs over the last 30 days.

  • EverRise is a multi-chain token, a collateralized cryptocurrency that powers its dApps.

The EverRise (RISE) token traded 23.66% higher at 6:55 am ET on Friday.

It was priced at US$0.001291, and the 24-hour volume was US$$6.65 million, up 417.46%.

On Nov 29, 2021, EverRise upgraded its protocol. The same day, it launched three chains: Ethereum, BSC, and Polygon connected through EverBridge with one circulating supply.

EverRise is a blockchain security technology company.

EverRise is a multi-chain token, a collateralized cryptocurrency that powers its dApps.

The token is available for trading on different chains.

Also Read: Five metaverse cryptos that are making news

EverRise (RISE) upgrades protocol, jumps 1432438.7% in the seven days.

Also Read: Five hot healthcare stocks to watch as Omicron threat looms

EverRise Performance

The company offers security solutions to companies working in the decentralized finance (DeFi) space. Its dApps provide security to DeFi assets and help access the broader market.

The token reached an all-time high of US$0.00189735 on Dec 3. It gained 2398325.7% in the last 30 days and 1432438.7% in the last seven days, according to 

Also Read: Seven hot dividend stocks to watch in 2022

The token is ranked 2909 based on the market cap.

It has a current market capitalization of US$77,389,922.

The circulating supply is 60.34 billion, and the maximum supply is 71,618,033,988.

The coin can be purchased from PancakeSwap, QuickSwap, UniSwap, and BKEX.

PancakeSwap is the most active exchange currently for the token, according to

Also Read: Top metal and mining stocks to explore in 2022


In November, the Financial Action Task Force (FATF) has issued guidelines on increasing the financial accountability of DeFi operators, especially against money laundering. The rules clarify that the reporting burdens would not fall on the ancillary service providers like wallet manufacturers, software developers, miners, etc. The US regulators said that entities responsible for user funds would be responsible for reporting.


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

Featured Articles

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK