Real payouts.
Checked on-chain, not self-reported.

How this works: Rise-based firms settle payouts by burning RiseUSD — Rise's internal balance token — from the firm's known wallet on Arbitrum, which we read live, directly from the blockchain. A firm's wallet may occasionally be used for purposes beyond trader payouts, and firms that pay via bank transfer, card, or rails we don't yet track won't show their full volume here. These numbers are what we can prove — not necessarily a firm's total payout volume — and listing here is not an endorsement.