reya network15

what's reya network?

Reya Network is a trading-optimized modular Layer 2 blockchain built on Ethereum, designed to provide deep liquidity and efficient trading experiences. It features a novel passive liquidity pool mechanism where staked capital supports trading across the ecosystem, enabling instant shared liquidity for multiple exchanges. The network embeds margin engine logic for a unified margin account usable across platforms, with transactions processed on a first-in-first-out basis and zero gas fees to eliminate front-running and harmful MEV. ReyaChain, its based rollup, combines TradFi-like speed with Ethereum's security, offering a decentralized perpetuals DEX with up to 100x leverage, gasless trades, and support for various markets including ETH, BTC, and more. The project emphasizes decentralized trading infrastructure, rewarding stakers and traders through points systems like Reya Chain Points (RCP) and community allocations.

Snapshot

Reya Network's Jan 15 livestream on funding rate arbitrage features execs and Teller integration.

11H ago
VISIBILITY EVENT

Hosting a livestream on funding rate arbitrage strategies on January 15, 2026 at 2PM GMT, featuring Head of Quant, CTO, and Teller CEO to discuss the integration with Teller for finding and trading funding rate opportunities.

6D ago
VISIBILITY EVENT

Hosts an AMA with Drake Evans Justin from Ethereum Foundation scheduled for 2026-01-09 at 1PM GMT.

1W ago
VISIBILITY EVENT

Featured by CryptoTimes magazine as part of coverage on the future of cryptocurrency in 2026.

ONCHAIN METRICS

VIRTUAL token achieved a +22% price increase over a 24-hour period on Reya Network on January 5, 2026.

ONCHAIN METRICS

Reached over 100,000 active users during 2025.

ONCHAIN METRICS

Processes 100,000 daily transactions.

2W ago
TECH EVENT

Orderbook and single Node Based architecture scheduled for Q2 2025

3W ago
ONCHAIN METRICS

Achieved top trading volume positions with BTC, SOL, ETH ranking 1st, 2nd, 3rd respectively, and tokenized gold (PAXG) ranking 4th by 24-hour trading volume.

TOKEN ECONOMICS

Released tokenomics documentation in Japanese on December 17, 2025.

1M ago
PARTNERSHIP

Partnered with EigenDA to stress test and push the limits of EigenDA's data availability system, contributing to its achievement of 1GB/s cloud-scale operation across 100 operators globally.

Tokenomics announced with 8B total supply: 45% allocated to community, 17.5% each to team and investors, 10% to foundation, 3% to liquidity, 2% to community sale, and 5% to future team, with no burn mechanism. CEO AMA scheduled for December 17 at 21:00 JST.

80% of protocol fees go to $REYA token buybacks while 20% goes to ETH.

Plans upgrade to based rollup architecture, with 2026 roadmap targeting spot market expansion, RWA integration, and enhanced focus on native stablecoin srUSD for tokenization features.

ICO completed and sale oversubscribed according to community discussions, with TGE expected in Q4.

Epoch 1 rewards become claimable on wallchain for 120 eligible participants (top 100 plus 20 random from positions 101-300), and Epoch 2 officially begins.

TVL reaches $30.6M with monthly trading volume at $19.9B.

Epoch 1 ends in less than 24 hours with 0.033% of REYA supply rewarded to 120 users, and Epoch 2 begins immediately after.

Tokenomics reveal 8B fixed supply with 45%+ community allocation at $150M FDV (2% circulating supply), 80% of protocol fees directed to REYA buybacks and 20% to ETH, with spot exchange listings announced as upcoming.

REYA and sREYA tokens move across 150+ chains via the LayerZero integration.

Points are distributed weekly from a fixed pool, earned through trading (highest rewards), staking srUSD or wstETH, and social engagement on Discord or X which requires no capital.

Daily trading volume reaches $550M with weekly volume at $3B, while cumulative trading volume hits approximately $70B.

A points system called RCP tracks on-chain activity through staking, trading, and referrals, with 9.4M total points distributed (183k yesterday) that qualify holders for a Reya airdrop.

LayerZero integration has been deployed, providing the technical infrastructure for the cross-chain mobility of REYA and sREYA tokens previously mentioned in the timeline.

TVL stands at $30M with $18.9B perpetual trading volume in the last 30 days, generating $585K annual revenue and $20.5M in current open trades.

A leaderboard system with epoch-based rankings is active, with the first epoch ending in approximately 4 days.

sREYA (staked REYA) tokens have cross-chain mobility alongside regular REYA tokens, enabling users to stake on Ethereum while trading and moving both token types across chains.

The ICO has completed at a $150M FDV with 2% circulating supply. The project plans to focus on spot market development alongside existing perpetuals products, with TGE expected soon.

Tokenomics include fixed 8B supply with no inflation, 45% community allocation, mint burns only, and revenue-driven buyback mechanism.

The ICO prices tokens at a valuation 30% higher than the previous funding round of $100M. (ID: 1996965360101478550)

LayerZero integration is live and operational, enabling users to trade REYA tokens while moving them between chains with trustless mobility and millisecond-fast execution.

The Wallchain campaign distributes 0.2% of total supply across 6 seasons, allocating 0.033% per season with estimated rewards of approximately $400 per person per season based on a $150M FDV.

Partnership with LayerZero announced, with details to be revealed during Perpetual Edge Show on December 5th at 5PM UTC.

Exchange listings launch alongside the TGE, with the CoinList sale closing today at 17:00 UTC and participation from 60+ countries.

Token Generation Event unlocks 50% of tokens immediately with remaining 50% vesting over 6 months. Fee revenue flows to Assistance Fund which executes 80% REYA buybacks and 20% ETH buybacks, and spot markets plus equities markets launching soon.

RCP points program active with rewards for trading, staking, and referrals, with future REYA token airdrops planned.

Sale closes today at 17:00 UTC with participants from over 60 countries; CoinList's allocation mechanism fills smaller allocations first to prevent whale crowding.

The token sale features a $150M fully diluted valuation and $100 minimum purchase amount.

Platform achieves $1.5B+ daily trading volume and ranks as top 6 perpetuals DEX. CEO Simon Jones appears on Bankless show to present the based-rollup DEX with 1ms execution speed on Ethereum L1.

The community sale on CoinList ends December 2 at 5PM UTC.

Total supply is 8 billion REYA tokens.

The Reya Foundation's community sale goes live on CoinList platform.

Tokenomics include 80% REYA / 20% ETH buyback mechanism, token sale vesting is 50% at TGE with monthly unlocks over 6 months, and spot markets launching soon.

Community sale on CoinList closes in 3 days.

Partnership with LayerZero makes REYA and sREYA portable across 150+ chains via OFT and Omnichain Vault standards, enables staking on Ethereum, and allows any LayerZero-connected asset as trading margin.

Token distribution includes 45% community allocation with utility tied to staking, governance, and network security, while supply model excludes infinite emissions.

2026 roadmap includes expansion to launchpad, RWA assets combined with perps, and tokenization of srUSD according to recently updated documentation.

Atomic composability with Ethereum L1 launches next year enabling flash-borrow to trade to repay in one block. Roadmap includes 200k TPS order book, FX and commodity perps, equity perps, and permissionless markets.

Token sale priced at $0.01875 with $150M FDV, offers 160M REYA (2% of supply) with $100 minimum purchase and runs until Dec 2 at 17:00 UTC. Selini Capital joins Framework and Coinbase Ventures as backer, and platform ranks as top 6 perps DEX.

ICO runs for 1 week on Coinlist with 50% tokens unlocked at TGE and remaining vested linearly over 6 months. Platform operates as first ZK-based rollup DEX and prepares to launch spot markets.

Platform achieves 1ms latency on based rollup architecture with sync composability to Ethereum L1 liquidity, burns 20% of fees in ETH, and shares fees with ETH validators.

Token sale goes live. Daily trading volume increases to $1.5B+ from the previously reported $1.12B.

Total trading volume reaches $60B+, more than doubling from the previously reported $29B. Protocol operates 70+ markets with 10K+ traders across 100K+ wallets and offers zero trading fees on its dApp.

Protocol reports TVL of $205.8M placing it in Top 10 DeFi, backed by Framework and Coinbase Ventures.

Total supply set at 8B tokens with 45% community allocation and approximately 12% TGE airdrop expected. Public sale FDV at $150M, team and investor tokens have 1-year cliff with 3-year linear unlock, and protocol ranks #6 among perpetual DEXs with $1.12B daily volume and $29B total volume.

Reya schedules an event with wallchain featuring @0xSimonJones on November 24 at 1430 GMT.

Community sale runs November 25 to December 2 on CoinList with token price at $0.01875, 160M tokens available (2% supply), $100 minimum purchase, and remaining 50% of purchased tokens vesting over 6 months after TGE.

Protocol fee buybacks occur through an Assistance Fund with an 80% $REYA and 20% $ETH allocation split.

Announces ICO special and full tokenomics design release, with AMA livestream scheduled for Friday, November 21st at 1PM GMT hosted by CEO.

A token distribution campaign on wallchain allocates 0.2% of total supply to the top 100 participants, with 0.033% designated for epoch 1.

ICO goes live November 25th at 17:00 UTC on Coinlist, featuring $150M FDV with 50% token unlock at TGE.

Protocol implements a fee-based buyback mechanism for both $REYA and ETH tokens, with token allocation details including 5% for future team and 2% for community sale not previously disclosed.

Initial token supply set at 8 billion $REYA tokens at TGE with distribution beginning via airdrop to Reya users, followed by governance-scheduled airdrops. Token allocation: 45% community, 17.5% investors and team (each with 1-year lock and 3-year linear vesting), 10% foundation, 3% liquidity, and no planned token issuance or burn mechanism.

Official $REYA tokenomics presentation released by Reya Foundation, detailing token design and utility.

The trading platform is now fully operational with staking available that provides APY from trading fees and Reya Chain Points rewards ahead of a future TGE.

Integration with Ethena Labs enables dual yield for liquidity providers: Reya market making returns plus Ethena's sUSDe yield.

The project raised $12m in funding from investors including Coinbase Ventures.

Native liquidity pool receives full allocation to Ethena's USDe and sUSDe pending governance approval, positioning as 6th largest perp DEX by volume.

The platform achieves 1 millisecond execution speed with full Ethereum trust via EigenCloud DA, with deployment coming soon to traders.

A collaboration reveal with Ethena Labs is scheduled for Tuesday.

Token Generation Event scheduled for Q4, followed by orderbook implementation in Q1 2026 and nodes rollout in Q3 2026.

Partnership with EigenCloud announced for building trading-specific rollup infrastructure with institutional-grade verifiability.

2M ago

Wallchain campaign adds 50K $APE rewards for Top 300 Quackers who play on the otherside and use arbitrum avatar, alongside $50K in $ANLOG rewards distributing in a few days.

Terminal announces mainnet launch by end of year, with rUSDe operating as a $1-pegged token redeemable for sUSDe within yield-skimming pools designed to eliminate yield-derived impermanent loss for liquidity providers.

Epoch 1 campaign allocates 0.033% of supply and project is backed by Framework, Wintermute, Robot Ventures in addition to Coinbase. Campaign multipliers factor in trading volume, stake amount, and open interest.

Wallchain leaderboard distributes 0.2% of supply to top 100 traders and 20 random participants from positions 101-300 with immediate unlock (no cliff or vesting) and concludes December 10th.

Epoch 1 farming campaign starts today and runs for one month on Wallchain leaderboard. Project secured $16M in funding and has backing from Coinbase and AAVE founder.

Claim period ends with 1 billion VLTZ minted and 191 million unclaimed tokens allocated to top 20 traders.

Unclaimed VLTZ tokens are being distributed to top 20 traders today with a 3-hour deadline remaining for Voltz OG holders to claim.

Platform achieves 1 millisecond execution speed through based rollup architecture while maintaining Ethereum trust guarantees.

wstETH can be used as trading collateral while simultaneously earning Lido Finance staking yields on the platform.

306M VLTZ tokens remain unclaimed with 9 days left in competition for top 20 traders by PnL. VLTZ can be burned for REYA tokens at Token Generation Event with conversion ratio to be determined.

$MEGA pre-market now live with 3x leverage and zero fees; public sale launches October 27 1 PM UTC at $0.0001 starting price, offering 5% of 10B total supply with $1M FDV.

Zero-fee trading now available on $MEGA in addition to ETH and BTC.

New daily incentive program launches with Reya Chain Points awarded to the 5 biggest liquidations each day and daily prizes for top 5 traders by Open Interest and PnL.

Platform announces 1 millisecond trade execution speed on Ethereum.

Competition for unclaimed VLTZ tokens ends November 5, and platform now offers 0% fees for ETH and BTC trading on both dApp and API.

1B $VLTZ airdrop targets Voltz badge holders, Genesis NFT owners, and Uniswap DAO, with unclaimed tokens going to top 20 wallets by PnL over 14 days. $VLTZ can be burned for $REYA at TGE with conversion ratio revealed at launch.

Daily trading volume reaches $1.4B (4X competitor Avantis volume), with platform now ranked #6 in 24h and 7d volume, and #8 in 30d volume. New token $VLTZ teased for launch with airdrop planned for both Voltz and Reya users.

Drops to #15 out of 18 in new unofficial perp DEX rankings, down from #14 out of 17 previously, as the competitive field expands.

Ranked #14 out of 17 in unofficial perpetual DEX rankings, positioned below Hyperliquid (#1), Lighter (#2), and other major competitors including Jupiter, GMX, and dYdX.

sreUSD is now available with a higher APR than competing product scrvUSD.

System remained fully operational with no downtime or insolvencies during Friday's extreme market volatility, processing record load at 355+ Mgas/s throughput.

3M ago

Margin deposits earn yield through srUSD, with trailing 7-day APY exceeding 48% and 30-day APY at 14.5%.

ETH and BTC trading now available with zero fees. Daily trading competitions reward real PnL and open interest.

Announces evolution beyond perp DEX to become "Ethereum's trading layer" as a trading-specific based rollup enshrined in Ethereum L1, not a traditional L2.

Ranked as "mid-priority" for Q4 perpetual DEX farming in external tier list, placed below competitors like Hyperliquid, Avantis, and Lighter in God-tier and High-priority categories.

Launches Python SDK and API V2 for developers, achieves Top 5 all-time high DEX ranking (improving from previously reported Top 10 status), and maintains zero downtime during heavy programmatic trading volume.

Token launch expected within the next few months as part of broader mainnet season, grouped alongside major projects like Monad and Metamask.