extended10

what's extended?

Extended is a decentralized perpetual futures exchange (perp DEX) built on Starknet, offering high-speed trading with up to 100x leverage across over 50 pairs. Launched by a team of ex-Revolut executives, it emphasizes seamless UX, deep liquidity, and cross-chain accessibility for DeFi users. Key features include tokenized vaults providing 15-30% APY, points farming for potential airdrops through trading volume and deposits, and integration with Starknet's scalability for efficient perpetuals. The platform has achieved over $500M in daily trading volume and $20M TVL, positioning it as a rising player in the perp DEX space.

Snapshot

Extended recorded $14B volume last week, now offering 6 TradFi assets fully onchain with Silver added.

23MIN ago
PARTNERSHIP

Integrated with Arbital as one of the perp DEXs where traders can run market making strategies to farm volume and points.

3D ago
ONCHAIN METRICS

Reached over $200M in TVL as of February 24th, 2026.

1W ago
VISIBILITY EVENT

Featured in a curated list of 10 protocols for stablecoin yield and potential airdrops, with specific mention of depositing into the Extended Vault.

PARTNERSHIP

Integrated with Tread, an algorithmic trading platform that consolidates multiple perp DEXs into a unified dashboard for automated trading and point farming.

PARTNERSHIP

Integrated with Planemo, an algorithmic trading platform offering cross-venue delta-neutral strategies and quant-focused farming tools.

OPINION SPECULATION

Will offer 100+ equity perpetuals with liquidity comparable to traditional trading venues, scheduled to launch around mid-March 2026.

2W ago
PARTNERSHIP

Arcx Trade enables funding-rate arbitrage strategies between Extended and Paradex.

TECH EVENT

Integrates with Telegram via Tengu to enable perps trading directly from the messaging app.

3W ago
ONCHAIN METRICS

Achieved $14 billion in volume over the past week as of February 1, 2026.

1M ago
MARKET ACTIVITY

Listed Silver as a TradFi asset, bringing the total to 6 TradFi assets available fully onchain.

ONCHAIN METRICS

Processed $42.416B in 30-day trading volume as of February 24th, 2026.

TECH EVENT

Achieves 10-20ms execution speed for trades.

ONCHAIN METRICS

Accounted for 40% of Starknet mainnet UOPS (transactions per second for multicall chains) over the last 30 days, with approximately 30,000 unique users (10% of Starknet's 299k total unique users).

OPINION SPECULATION

Testnet performance is described as average with unclear project direction.

ONCHAIN METRICS

Achieved $180 million in TVL on 2026-01-14, marking a new all-time high.

VISIBILITY EVENT

Hosted an audio discussion or interview featuring team members explaining the project.

FINANCIAL EVENT

Raised $6.5M in funding.

ONCHAIN METRICS

Daily fees are approximately $200,000, which annualizes to $73 million.

ONCHAIN METRICS

Reached $197 million in open interest (OI).

2M ago
MARKET ACTIVITY

Added trading support for LIT token on the platform.

TECH EVENT

Provides onchain proof of exchange solvency.

TECH EVENT

Implements technical safeguards preventing unfair ADL (Auto-Deleveraging) of users.

New smart margin strategy delivers 60%+ APR with additional 14% boost through XVS upgrade, featuring zero fees and delta neutral approach. Integration with Nomina platform enables this functionality while in private beta.

New smart margin strategy using XVS on Nomina platform provides 60%+ APRs with additional 14% boost in delta neutral, zero-fee structure.

Operates a unified margin perps and spot exchange, built by former Revolut Crypto team members.

Extended launches competition with Pacifica for bonus points. Platform records 900k trading volume through market orders utilizing the XVS feature.

Platform achieves $900k trading volume from market orders using XVS feature during Extended x Pacifica competition.

Integration with NEAR Intents enables cross-chain deposits where users on Arbitrum can sign a single intent transaction to bridge USDC and receive XVS on Starknet, with solvers managing the bridging and vault share minting process.

Integration with NEAR Intents enables streamlined cross-chain deposits from Arbitrum to Starknet, allowing users to convert USDC to XVS vault shares through a single intent transaction while solvers handle bridging and minting.

Extended has not yet conducted its Token Generation Event and is identified as a destination for capital rotation following Lighter's TGE, with the tweet suggesting mercenary capital will move to projects that haven't had TGEs yet.

Offers vault with 10-25% APY, including 11.37% APR on USDC.

Launches XVS (Extended Vault Shares), tokenized vault positions that earn USDC yield while serving as perpetual trading collateral, with LP positions usable for trading.

Extended launches competition with Pacifica offering points allocation for participants.

24-hour trading volume to open interest ratio reaches 138x, the highest among compared perpetual DEXs and significantly above competitors' ratios ranging from 4.98x to 35x (Lighter, Grvt, EdgeX, and Apex).

Platform charges $260 execution cost per $1M BTC perpetual volume based on last week's average, ranking third among four competitors with Lighter at $18, Paradex at $30, and Hyperliquid at $467 per $1M.

Extended app introduces XVS (Extended Vault Shares).

Allocated 30% of token supply for airdrop, with team previously building Revolut's crypto exchange serving 10-15M users and securing Revolut C-suite as investors.

Upgraded margin system with unified margin pool functionality, maintained uptime during October 10th crypto market crash.

Extended achieves #1 ranking in Starknet ecosystem by Total Value Locked (TVL).

Users earn 15% when trading using tokenized vault shares as collateral.

Ready Wallet offers a 10% boost on xPoints for Perps trading and serves as the only mobile trading option for the platform.

Ready Wallet promotion offers a free Metal card worth $120 to users who earn 300 xPoints by January 5th through trading Perps inside Ready Wallet.

XVS (Extended Vault Share) rolls out on the platform.

Airdrop allocation set at 30% with farming season concluding around March 26; YieldMaxing reports show 39.1m points distributed with 60m projected total.

Extended has $72M in Open Interest and a 13.44 Volume to OI ratio, trailing competitors Paradex and Variational in Open Interest metrics.

Up to 300% APR available for Avantis token through the integration with Nomina.

Integrated Ready Wallet, bringing 70+ perpetual and TradFi markets with up to 50x leverage. Launched 17 TradFi markets on Starknet, including Gold, Silver, Copper, Platinum, Brent crude, Natural Gas, EUR/USD, NASDAQ-100, S&P 500, GOOG, NVDA, AMD, TSLA, MSTR, AMZN, COIN, and HOOD.

Tokenized vault shares launch next week, featuring cross-asset collateral unified margin and vault deposits earning ~15%+ yield while available as trading margin.

Extended is integrated with Nomina platform alongside Hyperliquid and Lighter.

TGE scheduled for Q1-Q2 2026.

A user reports losing 50k from fee farming and expresses doubt that future token distributions will compensate for the fees burned.

3M ago

Trades on the platform are cheaper than Hyperliquid when accounting for slippage and fees, despite having approximately 1/9th of Hyperliquid's trading volume.

The platform experienced a 100M TVL loss.

Extended is expanding its team by hiring 4 new roles including backend engineer, frontend engineer, product owner, and product designer.

Shift Protocol launches an extUSD vault today that provides Extended Points through a basis vault strategy, while LP yields have been approximately 5% over the past 30 days.

The platform goes live on August 12, 2025.

Vault tokenization remains unimplemented and will serve as a key differentiator from other perpetual DEXs, and the team originated from Revolut's crypto division.

Extended is grouped with Lighter and HL as projects whose opportunity windows have "either sailed or are about to" according to market commentary focusing traders toward other perpetual DEX projects.

The team previously built a crypto finance app that served 10 million users.

Starknet serves as the quantum-resistant blockchain infrastructure for the platform.

Third-party analysis calculates +313% potential ROI using Future Token Value model with 315 points awarded per $1M trading volume, rating the airdrop as better value than competitor Lighter.

Platform allocates 30% of total token supply for airdrop at TGE and ranks #10 among perpetual DEXs by volume.

Market analyst projects $1B+ fully diluted valuation for the platform, placing it in the second-highest tier among tokenless perpetual DEX platforms in a comparative ranking that includes projects like Paradex, Pacifica, and Reya.

TGE set for H1 2026 with potential Revolut integration planned. Platform maintains over $1 billion daily trading volume and over $100 million TVL while developing Vault Tokenization, Unified Margin, and Spot Trading features.

Third-party trading platform Tread_fi adds Extended to its supported exchanges, with market-making bot integration coming soon. The platform enables automated market-making across multiple DEXs and released Week 1 points following HIP-3 Growth Mode announcement.

Platform awards 1 point per $2500 in trading volume with weekly Tuesday distributions, and points trade OTC around $3 per point.

Third-party trading bot platform Origami Tech announces upcoming support for Extended, enabling automated trading strategies and DEX volume farming capabilities on the platform.

Platform processes $4.99M single deposit from Ethereum to Starknet, enabled by Rhino partnership for post-bridge actions.

Extended is identified as one of the top two exchanges being farmed right now by users, positioned alongside Lighter.

Extended ranks as the top 10 perpetual DEX by trading volume with $25 billion traded over the past month, as confirmed by StarkWare, the technology provider powering the platform.

Extended offers +15% points boost through Panda Land partnership, the highest boost percentage available on the platform.

A Telegram bot for the platform exists and is available for users. (ID: 1989367841699860714)

Target FDV of $1 billion at TGE corresponds to $6 point valuation versus current $3 premarket price, with launch expected 1-2 months after competitor Lighter.

LorisTools announces embeddable funding arbitrage widget with Extended mentioned as compatible platform for integration, testing ready in approximately 1 week with support for 26 exchanges.

Open Interest reaches $80 million and points trade at 3-4 dollars on premarket. TVL increases to $103.5 million with 7-day average daily volume at $950 million.

Extended uses Starknet's ZK infrastructure for privacy features in its perpetual trading platform.

Total Value Locked surpasses $100 million.

TGE expected in 3-5 months with a 15% points bonus promotion active for farming.

Extended reaches new ATH in volumes and climbs positions in the perpetual DEX rankings.

Daily trading volume reaches all-time high of approximately $1.5 billion, representing 30x growth from roughly $50 million in June 2025. Tokenized fund shares feature announced as coming soon, with a new 25% bonus xPoints promotion active.

Users received double points for 2 weeks as compensation for poor liquidity following a migration event.

30% airdrop allocation to points holders with 50 million total points to be distributed until TGE, based on a $1 billion valuation framework that calculates to $6 per point.

A Telegram trading bot named Tengu Trade is powered by Extended's technology.

Extended ranks among the top 10 perps exchanges and is built on StarkWare's tech stack, according to a StarkWare representative.

Token Generation Event planned for Q1-Q2 2026, with 12.5% bonus points offered. The founding team previously scaled a fintech app to $75bn valuation.

Open interest to volume ratio stands at 6.3, compared to competitors Lighter (5.1) and Variational (2.3).

Extended vault offers 25% average APR according to a trader's performance report.

4M ago

The head of crypto at Revolut left to start Extended.

OTC market for xPoints now trades at $2-$2.9 (down from previous $3-5 range), placing FDV between $300M and $450M, though volume remains low.

TVL stands at 96M (+81% MoM) with point farming rate of ~380 pts per $1M volume and OTC market pricing xPoints at $3-5.

Extended confirms 30% token supply airdrop allocation with TGE scheduled for H1 2026.

Extended's volume-to-OI ratio stands at 8:1 compared to Variational's 4:1 and Pacifica's 10:1, as a trader shifts farming activity to Variational citing healthier, less overfarmed conditions.

The vault offers ~26% yield plus points, and tokenization of vault shares is coming soon to enable use as trading collateral.

Unified margin feature is in development for the platform.

Extended achieves $19.8B in trading volume over the past 30 days, ranking fourth among Starknet-powered perpetual DEXes with a combined $249.3B in volume.

Integration with Revolut enables retail user onboarding for the perpetual DEX platform. Referral program provides 10% fee discount on first $50M in trading volume.

Extended processes 7% of Lighter's perpetual DEX volume according to trader analysis.

Extended distributes $500,000 in compensation payments to users affected by the crash and allocates 300,000 points for the current epoch.

Platform reaches $1.1b in 24-hour trading volume with $85m in total value locked and $57m in open interest.

Daily active trader count stands at approximately 2,800. Extended Points trade at $3 on OTC markets.