Extended aimed to complete all key milestones by the end of H1. Since then, besides expanding the product, we've made significant progress on strategic partnerships and fundraising, both of which took longer than expected given their complexity.
As a result, one key milestone was pushed back: progressing the decentralisation roadmap. Yesterday, we announced that Extended is now working to decentralize the sequencing layer, laying the groundwork for its future tokenomics. We'll share more updates as the rollout continues.
While the timeline has shifted, our commitment to the early community hasn't. Specifically:
1. The current plan remains for 30% to be allocated to the early community (points holders).
2. The final number of points after slashing will not exceed the originally budgeted 70 million points. Slashing will take place in the coming weeks. Extended may make further adjustments before TGE if additional issues affecting programme integrity are identified.
3. Until the end of the program, we'll be distributing up to 600,000 points weekly.
Please note that eligibility for any airdrop will be subject to separate terms and conditions. Having no points slashed does not guarantee eligibility for an airdrop, any particular allocation, conversion rate or value.
We appreciate everyone's continued support. Our priority remains unchanged: building the right product, infrastructure, and distribution to create a sustainable protocol.
At https://t.co/O9psm32dlS, we strive to be just innovative harness engineers. With custom agents, we aim to decentralize the prompt engineering to the users. Together, we can build the future of not only trading, but agentic workflows.
The supervisor agent is the gateway to enabling looping agentic workflows for trading.
The unique approach of having bi-modal supervisor/specialized agent loops allows for multi-dimensional loops that converge towards one unified goal.
This architecture allows for a larger surface area of more complex and predictable workflows specifically tailored for trading and risk management.
Advanced order types are now available for spot trading on Extended
From today, Conditional, TWAP and Scaled orders are supported on eligible spot markets, bringing more of the execution functionality already available on perps to spot.
Spot trading involves risk, including possible loss of funds. Order execution depends on market conditions and is not guaranteed.
Our investment in Extended and the recent acquisition of Zengo are key parts of our strategy to meet the growing demand for seamless access to DeFi products and expand our Web3 ecosystem.
It’s starting to become an extended DeFi family!
Following our acquisition of @ZenGo, proud to lead @extendedapp’s new funding round.
Another step forward in our strategy to bring seamless DeFi access to retail investors worldwide!
https://t.co/PZCn2tVwzq
eToro leads a strategic investment in Extended
@eToro is now a strategic investor in Extended. The investment round also marks the beginning of a partnership between Extended and @Zengo, a self-custody wallet recently acquired by eToro. The partnership will focus on expanding access to global financial markets through next-generation on-chain infrastructure. Together, we will explore opportunities to bridge traditional financial assets and decentralized trading environments.
Stork’s new case study looks at how their price feeds support Extended’s crypto and RWA perpetual markets as the platform continues to grow and expand its market coverage.
Platform figures in the article are verified as of 11 June 2026.
Read the case study below.
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.