The Extended RWA Trading Competition starts Tuesday, September 15.
$50,000 USDC prize pool.
Top 100 traders rewarded.
RWA markets only.
Eligible participants will be ranked on the leaderboard according to the competition methodology.
September 15–29.
Full details, eligibility and rules: https://t.co/Top43PThpu
some more context on the @extendedapp founding team and what they did before Extended
Extended has three co-founders: @rf_extended (CEO), @spooky_x10 (CTO) and @dk_extended (CPO)
CEO, @rf_extended: previously Head of Crypto Operations at @Revolut. He owned the PnL for the entire crypto business (~80 people) and helped it generate hundreds of millions in profit in 2021. During that time he tripled the crypto user base, doubled market share, launched staking, deposits and withdrawals, Learn and Earn, crypto cards and collections. Performance reviews were rated Exceptional three times (<1 percent of employees receive that rating)
CTO, @spooky_x10: previously Head of Engineering at Revolut Crypto. Worked directly on self-custody wallet infrastructure, Learn and Earn and Fireblocks treasury integration. Before Revolut he spent two years at LMAX as a lead engineer on low-latency messaging systems for institutional FX venues
CPO, @dk_extended: joined Revolut specifically to build RevolutX and led the backend architecture for the entire exchange. Background spans both crypto (contributions to three centralized exchanges) and TradFi (work on Deutsche Bank derivatives settlement systems)
in simple terms:
- Ruslan brings scaling and execution
- Spooky brings low-latency infrastructure and blockchain execution
- DK brings exchange architecture and product design
the combination is relatively rare and a big reason Extended looks the way it does today
My @extendedapp TGE Thesis :
> Going into TGE with an overall bearish sentiment
> Low FDV launch ($200–300M)
> Initial selling pressure from farmers who want fresh capital to farm other perps / give up on Extended
> Bottom formation
> Recovery phase pushed by buyback treasury ($16M+) and validator buying pressure
> Buybacks at low prices have much more impact, rotating paper hands into diamond hands
> Range/consolidation
> Rumors about Fintechs/@Revolut integration
> Higher
> Leveraging builder codes to reach a new user base
> Get more fees for buybacks
> Higher
EXTENDED NEWS ⚠️
CEO @rf_extended reassures the @extendedapp community that the team is in ongoing talks with major European fintech companies such as @Revolut.
Expecting more.
🦦💚
This means I will get $50&2 points on @variational_io ?
Someone actually listened and claimed 20 Points from Variational ($500 worth minimum)
#HYPERLIQUID #Lighter #Extended and maybe few other traders from other perpdexes qualify
Use code OMNIABSOLUT ➡️ check your address on On-Chain Trader Tab ➡️ claim it if address it's there
We’re live in 1 hour.
Ruslan is going live on X with @_lyonzzzz, @kasperloock and @derteil00 to talk Extended’s vision, Europe, RFQ/RWA and the questions the community has been asking most.
1 PM UTC. Join us live and drop your questions in the replies: https://t.co/O1Y5uGuCPv
Now available to trade: $HEMI, tutorial:native, ong:native, ethereum:0x526526528f35ac738177003b8773b402b8df8143 and ethereum:0xfc82bb4ba86045af6f327323a46e80412b91b27d (Hemi, Tutorial, Ontology Gas, Re and Prometeus) with up to 5x leverage
Extended Live Video on X
This Wednesday, September 2 at 1 PM UTC, Ruslan will go live on video with @_lyonzzzz, @kasperloock and @derteil00 for a conversation on what we’re building next at Extended.
We’ll go deeper on:
• the broader Extended vision
• our path in Europe
• RFQ, RWA and how we think about the next stage of the product
• the questions the community has been asking most
We’ll also open the floor for live community Q&A at the end.
Drop your questions in the replies and join us live.
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.
Here's the deal:
・Deposit 100+ USDT into @popdex_ to enter the duel
・Trade for 2 weeks
・Beat the average PnL of @VincentQV1998 and @ZacPrater
→ all winners split the 1,000 USD Prize!
Sign up here and split the prize: https://t.co/K7ZNHJA9dD