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Databases · head to head

RisingWave vs Valkey

RisingWave logo

RisingWave

Databases

Streaming database that maintains incremental materialised views in SQL instead of Flink jobs

From
Free
Rated
-
Valkey logo

Valkey

Databases

Open-source in-memory data store forked from Redis

From
Free
Rated
-

The short version

  • Each has a real cost: RisingWave anything that does not fit SQL, such as custom windowing, complex event processing or heavy stateful logic, still needs Flink, so RisingWave often adds a system rather than removing one.; Valkey younger project, so its track record is short even though the codebase is not
  • They diverge on capability: RisingWave covers SQL materialised views, Valkey covers Redis-compatible.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which RisingWave and Valkey actually diverge.

Attributes where RisingWave and Valkey differ
AttributeRisingWaveValkey
Pricing modelPer RisingWave Unit hourOpen source, no licence fee; managed cloud billed separately
PlatformsLinux, Docker, Kubernetes, CloudLinux, macOS, Docker, Self-hosted

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Databases).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in RisingWave

  • SQL materialised views
  • Postgres wire compatibility
  • Object storage state
  • Source connectors
  • Sink connectors
  • Iceberg tables
  • Watermarks and windowing
  • User defined functions

Only in Valkey

  • Redis-compatible
  • BSD licensed
  • Rich data structures
  • Replication and persistence

What people use each for

The jobs each tool is most often brought in to do.

RisingWave

  • A team with Kafka topics that needs continuously fresh aggregates for a dashboard without standing up a Flink clusternot Valkey
  • A fraud or risk team maintaining rolling counters and joins across event streams expressed as SQL viewsnot Valkey
  • A company doing Postgres CDC into a real-time denormalised view for search or servingnot Valkey
  • An analytics group that wants streaming results landed directly into Apache Iceberg without a separate writer jobnot Valkey

Valkey

  • Continuing on a permissively licensed in-memory store after the Redis licence changenot RisingWave
  • Caching and session storage where a foundation-governed project is a procurement requirementnot RisingWave
  • Migrating from Redis without rewriting application codenot RisingWave

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

RisingWave

  • Anything that does not fit SQL, such as custom windowing, complex event processing or heavy stateful logic, still needs Flink, so RisingWave often adds a system rather than removing one.
  • The Apache 2.0 community edition excludes premium features behind a licence key, and which capabilities sit on which side of that line moves between releases, so a self-hosted plan can be invalidated by an upgrade.
  • Long-running materialised views accumulate state in object storage, and cost and recovery time grow with retention in ways that are hard to forecast before you are in production.
  • The Postgres compatibility is protocol level; it is not a transactional Postgres and using it as a general purpose database, with point updates or high write concurrency, goes badly.
  • It is a comparatively young venture-funded project competing with Flink, Materialize and warehouse-native streaming, and the ecosystem of connectors, operators and third-party expertise is much thinner.

Valkey

  • Younger project, so its track record is short even though the codebase is not
  • Divergence from Redis grows over time, so compatibility is strongest near the fork point and weakens as both evolve
  • Ecosystem tooling and documentation still frequently assume Redis, leaving translation work

Pricing, plan by plan

RisingWave

Free
  • Community EditionFree
    • Apache 2.0 licence, self-hosted
    • Core streaming engine and connectors
    • Premium features excluded and require a licence key
  • Cloud Basic$0.227/hour
    • Billed per RisingWave Unit hour
    • Hosted on AWS, GCP or Azure
    • Capped at 64 cores
  • Cloud Pro$undefined/year
    • No core limit
    • Bring your own cloud option
    • Premium features included
  • Self-managed Enterprise$undefined/year
    • On premises or Kubernetes
    • Premium features unlocked by licence
    • Annual contract with SLA

Valkey

Free
  • ValkeyFree
    • Full functionality
    • Self-hosted
    • No usage limits

Which should you pick?

Choose RisingWave if

  • You need sql materialised views.
  • You want to start without paying.
  • You work on Linux, Docker, Kubernetes, Cloud.
  • You also want postgres wire compatibility.

Choose Valkey if

  • You need redis-compatible.
  • You want to start without paying.
  • You work on Linux, macOS, Docker, Self-hosted.
  • You also want bsd licensed.

Questions people ask

Is RisingWave or Valkey better?
Neither clearly leads. RisingWave starts at Free and Valkey at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, RisingWave or Valkey?
RisingWave starts at Free and Valkey at Free.
Does RisingWave or Valkey run on more platforms?
RisingWave runs on Linux, Docker, Kubernetes, Cloud. Valkey runs on Linux, macOS, Docker, Self-hosted.
Can I use RisingWave for free?
Both have a free tier, so you can try either at no cost before committing.
What is RisingWave best used for?
RisingWave is most often used for a team with kafka topics that needs continuously fresh aggregates for a dashboard without standing up a flink cluster, a fraud or risk team maintaining rolling counters and joins across event streams expressed as sql views, a company doing postgres cdc into a real-time denormalised view for search or serving, an analytics group that wants streaming results landed directly into apache iceberg without a separate writer job. Of those, a team with kafka topics that needs continuously fresh aggregates for a dashboard without standing up a flink cluster and a fraud or risk team maintaining rolling counters and joins across event streams expressed as sql views are not what Valkey is typically brought in for.
What can RisingWave do that Valkey cannot?
RisingWave covers SQL materialised views, Postgres wire compatibility, Object storage state, Source connectors. Valkey covers Redis-compatible, BSD licensed, Rich data structures, Replication and persistence.

Answered from the vendors’ own pages

RisingWave: Is RisingWave open source?

The community edition is Apache 2.0 and self-hostable, but a set of premium features requires a paid licence key.

Valkey: Is Valkey free?

Yes, BSD-licensed open source under the Linux Foundation.

RisingWave: What does the cloud cost?

It starts at 0.227 US dollars per RisingWave Unit hour on the Basic tier, which is capped at 64 cores.

Valkey: Why does Valkey exist?

Redis changed its licence away from BSD in 2024. Valkey is the community fork continuing under permissive terms, backed by AWS, Google Cloud and Oracle among others.

RisingWave: Does it replace Flink?

For SQL-expressible transformations, often yes. For custom stateful processing and complex event handling, no.

Valkey: Can I switch from Redis to Valkey?

At the fork point it is drop-in compatible with existing clients and data. The further both projects move from that point, the more you should verify the specific features you use.

RisingWave: Can I query it like Postgres?

Yes over the Postgres wire protocol, but it is an analytical streaming engine, not a transactional database.

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