"This month is an important one for Extended. It will conclude the team's efforts over the past 6 months and mark the beginning of the next phase: further decentralisation, ecosystem expansion and the transition to a community-owned protocol."
Extendio
6 months of building. what's next?
TLDR: We focused on putting in place the product, partnership and governance foundations for the next phase of Extended. TradFi partnership, hundreds of new crypto and RWA markets, spot trading and further decentralisation are coming. Our approach to growth remains unchanged: no KOL round, no paid promotions, no paid PR, no podcast sponsorships and no paid market-making arrangements.
Over the past 6 months, the team at @extendedapp has been focused on a fairly simple objective: building the product, infrastructure and partnerships required to support the next stage of growth.
A lot of the work happened behind the scenes but we are now getting to the point where the pieces are starting to come together.
Product
Some of the key items are already live:
- Multi-asset collateral, allowing users to post wBTC, ETH and USDT alongside USDC. Besides expanding the collateral universe, it also unlocks simple cash-and-carry strategies directly on the platform.
- Full email onboarding, including gasless deposits and withdrawals. While not particularly exciting on its own, it unlocks fiat on/off-ramp integrations that are required to onboard non-native users.
- Significant improvements to UI stability, responsiveness and overall user experience, driven largely by user feedback collected over the past months.
Several important pieces are coming next:
- Spot trading, which we view as a table-stakes component of a complete exchange experience and an important UX improvement to multi-asset collateral.
- Opening up our lending infrastructure beyond the exchange itself, allowing users to deposit wBTC, ETH and USDT, borrow USDC and deploy capital elsewhere.
- New trading infrastructure that will unlock hundreds of additional crypto and RWA markets. Internally, this is the product initiative we are most excited about.
Growth
Over the same period, we have spent a lot of time thinking about how Extended should grow.
One principle remains unchanged: we do not pay for KOL promotions, PR, podcast sponsorships or market-making arrangements. This applies equally to cash, tokens and points.
Its a slower path and not the easiest one but over time we have become increasingly convinced that sustainable growth is built on product quality, distribution and community rather than financial incentives.
We have also completed a number of less visible but equally important initiatives:
- Finalised the legal and commercial framework for our first tradfi partnership, which unlocks some of the product initiatives mentioned above and establishes a foundation for future institutional integrations.
- Secured the majority of the long-term partners who will help operate, secure and govern Extended. We are proud of the quality of the organisations that chose to support the vision and will be sharing more details separately.
- Spent considerable time with our largest users and major ecosystem participants to gather feedback and ensure alignment around the long-term direction of the protocol.
- Remained committed to our original targets for early community rewards, despite certain things taking longer than anticipated.
This month is an important one for Extended. It will conclude the team's efforts over the past 6 months and mark the beginning of the next phase: further decentralisation, ecosystem expansion and the transition to a community-owned protocol.
XVS from @extendedapp is really underrated.
I don't see anyone talking about it. They print 11%+ APR without ANY red candle in the same time.
In the same time I see volumes levels on the exchange from pre-oct 25'. It means that getting points was not as easy as it is now since a long time.
If you have some spare time, even in those conditions it's worth to have a look, try to get those cheap points on Extended now and then just wait for TGE.
Don't let them farm cheap. I was silent about farming, when it was overfarmed, but now again Extended seems REALLY underfarmed.
The best code, with the biggest boost as always: https://t.co/e7smwvyG9M
6 months of building. what's next?
TLDR: We focused on putting in place the product, partnership and governance foundations for the next phase of Extended. TradFi partnership, hundreds of new crypto and RWA markets, spot trading and further decentralisation are coming. Our approach to growth remains unchanged: no KOL round, no paid promotions, no paid PR, no podcast sponsorships and no paid market-making arrangements.
Over the past 6 months, the team at @extendedapp has been focused on a fairly simple objective: building the product, infrastructure and partnerships required to support the next stage of growth.
A lot of the work happened behind the scenes but we are now getting to the point where the pieces are starting to come together.
Product
Some of the key items are already live:
- Multi-asset collateral, allowing users to post wBTC, ETH and USDT alongside USDC. Besides expanding the collateral universe, it also unlocks simple cash-and-carry strategies directly on the platform.
- Full email onboarding, including gasless deposits and withdrawals. While not particularly exciting on its own, it unlocks fiat on/off-ramp integrations that are required to onboard non-native users.
- Significant improvements to UI stability, responsiveness and overall user experience, driven largely by user feedback collected over the past months.
Several important pieces are coming next:
- Spot trading, which we view as a table-stakes component of a complete exchange experience and an important UX improvement to multi-asset collateral.
- Opening up our lending infrastructure beyond the exchange itself, allowing users to deposit wBTC, ETH and USDT, borrow USDC and deploy capital elsewhere.
- New trading infrastructure that will unlock hundreds of additional crypto and RWA markets. Internally, this is the product initiative we are most excited about.
Growth
Over the same period, we have spent a lot of time thinking about how Extended should grow.
One principle remains unchanged: we do not pay for KOL promotions, PR, podcast sponsorships or market-making arrangements. This applies equally to cash, tokens and points.
Its a slower path and not the easiest one but over time we have become increasingly convinced that sustainable growth is built on product quality, distribution and community rather than financial incentives.
We have also completed a number of less visible but equally important initiatives:
- Finalised the legal and commercial framework for our first tradfi partnership, which unlocks some of the product initiatives mentioned above and establishes a foundation for future institutional integrations.
- Secured the majority of the long-term partners who will help operate, secure and govern Extended. We are proud of the quality of the organisations that chose to support the vision and will be sharing more details separately.
- Spent considerable time with our largest users and major ecosystem participants to gather feedback and ensure alignment around the long-term direction of the protocol.
- Remained committed to our original targets for early community rewards, despite certain things taking longer than anticipated.
This month is an important one for Extended. It will conclude the team's efforts over the past 6 months and mark the beginning of the next phase: further decentralisation, ecosystem expansion and the transition to a community-owned protocol.
XAU (gold) is today a top 3 market on Extended by volume with $117M in the last 24 hours
we listed gold in spring 2025, among the first perp DEXs to do it - https://t.co/ht1SKdNxyk
our view hasn't changed: for major crypto and RWA markets, orderbook is the best model. for long-tail assets, RFQ is the right answer. and we have news on that front too
@Slaweus@rasmr_eth@extendedapp I understand there's been some delay unfortunately because of the legal stuff. But I assure you everything is bound to be completed in June. This includes partnership as well as the rest of completion of our core product ๐
another day, another CEX taking innocent users down with it.
Bybit is freezing accounts of users who never even used HTX.
UK blacklisted HTX (crypto exchange).
Bybit's system auto-blocked every wallet that ever touched HTX money.
received crypto from someone who used HTX? flagged.
you are the third party? it doesnt matter.
i told you.
Hyperliquid & Extended dont have a freeze button.
they dont even know you. they dont need.
DEXs will win.