Migration to Arc.
Extended is migrating to Arc as part of a strategic partnership between Circle and Extended focused on three core pillars:
1. Anchoring on-chain trading on Arc, with Circle as a key stakeholder in Extended’s ecosystem
2. Tokenising RWAs while bringing broader market coverage and deeper liquidity across both spot and perpetual markets
3. Distributing trading products within and beyond crypto, directly and through Tier 1 institutional partnerships
Beyond the commercial rationale, Arc is also a strong technical fit for Extended:
• Deterministic sub-second finality
• Predictable, dollar-based gas fees
• EVM compatibility
The migration is being designed to minimize disruption for users and ensure uninterrupted trading.
More details on the partnership, migration timeline, and mechanics will be shared separately. Users will be notified of any action required on their part ahead of migration.
The Extended RWA Trading Competition is now live.
• $50,000 USDC prize pool
• Top 100 traders rewarded
• RWA markets only
RWA taker fees are also now 1 bp.
Two weeks to trade your way up the leaderboard.
TLDV from our latest community live stream:
• Europe: regulated expansion unlocks direct retail and B2B distribution. It runs in parallel with TGE and is not a blocker.
• RFQ: order books for liquid markets, RFQ for the long tail of crypto and RWAs. Execution quality remains a key focus.
• TGE: 70M points cap, no less than 500K distributed weekly. TGE is expected soon after the points program ends.
• Next: better RFQ execution, regulatory expansion and TGE prep.
7-minute highlights below.
Chase Orders are now live on Extended.
A Chase Order automatically adjusts the price of a post-only limit order as the market moves, helping you stay close to the best bid or ask while targeting maker execution.
How it works:
- The order reprices once per second
- For buys, it follows the best bid; for sells, the best ask
- You can set a custom distance from the best price of up to 5%
- You can set a Max Chase Distance of up to 10% to limit how far the order can follow the market
- Existing limit orders can be converted into Chase Orders directly from Open Orders
Available on perp markets on desktop. Currently unavailable on RFQ markets and mobile.
Chase Orders run in the browser. If your session is interrupted, repricing pauses while the order remains live at its last price for up to 1 hour, and resumes automatically when you return.
@hypingbull@extendedapp People are misunderstanding that post.
It's not "we need to have licences before TGE".
It's "we will be the solution to all businesses that want to offer crypto products in Europe"
It's completely independent of any TGE stuff (see post below)
https://t.co/h1YeFqUzPJ
Now available to trade: $MINIMAX, $AMAT, $XIAOMI, $GLW and $KIOXIA (MiniMax, Applied Materials, Xiaomi, Corning and Kioxia Holdings Corp) with up to 10x leverage
https://t.co/fL09VmMsx0
https://t.co/yAY1J31eX6
https://t.co/nFgwbac8V3
https://t.co/djiCO1nc5o
https://t.co/kUEaHw3YCK
We're partnering with @extendedapp to bring perpetual futures to Pulsar app.
Markets arrive in the money app. Accounts, card and balance stay exactly as they are.
Points Program update: slashing results
5,038,989 points generated through inorganic or manipulative activity have been excluded from Points Program balances.
The adjustment covered:
• 4,017 affected accounts
• 35 identified sybil operations, among other prohibited activities
Updated Points Program total: 64,673,031 points as of August 10, 2026.
The review covered cross-account wash trading, referral self-farming, sybil wallet fleets and coordinated multi-account activity. Adjustments were driven by quantitative rules under the Points Program terms, while legitimate activity was preserved.
The 5,038,987 slashed points have been returned to the program budget and remain available to be earned by genuine participants. Extended reserves the right to conduct further reviews and make additional adjustments where ineligible activity is identified.
The total Points Program distribution remains capped at no more than 70m points.
Points are programme units, have no guaranteed monetary value and do not create a present entitlement to tokens or other rewards. Programme terms, eligibility criteria and allocation methodology may change.
As of 30 July, 2026, Extended has 101 RWA markets live, one of the broadest RWA offerings among perpetual DEXs.
Extended is building for both RWA listings and liquidity at scale, supporting:
1. Orderbook-based RWA markets for the most liquid assets.
2. Regular RFQ-based RWA markets powered by crypto-native liquidity (available 24/7).
3. Prime RFQ-based RWA markets powered by TradFi liquidity, enabling access to instruments not typically available on crypto venues (available either 24/5 or regular trading hours).
1,000+ markets is the scale this model is built for.
Over the past six months, we have spent significant time strengthening the protocol’s security architecture as Extended continues to scale. Throughout that work, we were guided by a fundamental reality of DeFi: defenders must protect against every possible code vulnerability and economic attack vector, while an attacker only needs to find a single successful path.
That does not make DeFi inherently unsafe. It means protocols should be designed not only to prevent incidents, but also to assume that failures are possible and limit their impact when they occur.
At Extended, this philosophy is reflected in several layers of protection:
- User funds are held in a dedicated Treasury contract that is intentionally kept separate from the trading application, making it significantly easier to audit and reason about.
- The trading engine, risk engine and other complex application logic operate through separate contracts and do not custody user funds.
- The Treasury contract incorporates circuit breakers that automatically pause withdrawals if abnormal withdrawal activity is detected.
- Where a circuit breaker is triggered, further withdrawals may require review and approval through the applicable security-review and multisig process.
- Cooldown periods and timelocks apply to certain sensitive Treasury upgrades and administrative actions, reducing the risk of immediate changes to critical controls.
Similar principles apply beyond smart contracts. Recent events reinforced the importance of strong access controls and limiting the impact of any single compromised account. We have since tightened permissions and strengthened controls around official communication channels and privileged access.
None of these mechanisms eliminates the possibility of exploits.
The objective is different. Rather than assuming perfect security, we make it significantly less likely that a single failure could compromise the entirety of user funds. Whether an issue originates from application logic, infrastructure, bridges, oracle providers, compromised accounts, operational mistakes or economic attack vectors, the goal is to contain its impact and minimise the amount of capital that can be affected.
These controls are designed to reduce the impact of potential failure scenarios, but they should not be interpreted as guaranteeing a maximum loss under every scenario.
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.
there's a fee most traders don't know they're paying.
before choosing an exchange, most compare fees and spreads. almost nobody calculates the cost of idle collateral.
yield-bearing collateral barely exists in DeFi - but Extended has it already live. your margin earns 7% APR while you trade. same capital, working twice.
at $100k in collateral, that's ~$580/month automatically compounding back into your margin daily - increasing your position size without adding capital.
& cross-asset collateral (wBTC, wETH, USDT, EURC) is coming in April.
most traders obsess over fees. the ones who don't are paying a silent 7% annual fee on their collateral without realizing it.
@eToro led a $12.5 million strategic round in @extendedapp , a Starknet-based perpetual futures exchange, with @jump_ and Alber Blanc participating.
The round is tied to integrating Extended’s perp engine into Zengo, the self-custody wallet eToro bought for about $70 M 👀
eToro leads strategic investment in Extended as brokers race into DeFi
Extended previously raised $6.5M in pre-seed funding from VCs and angels. That capital was essential to build the exchange. For this stage, we chose strategic partners over additional VC capital. A strategic partner’s incentives are more closely connected to what gets built and the commercial opportunities around it, not only to the value of its investment.
Perp DEXs still face a significant challenge in competing with CEXs for mainstream retail distribution. But traditional finance companies that haven’t entered perpetuals yet can bring scale, distribution and established user relationships to the category - if they decide to offer the product.
That’s the context for this round.
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.