The Final Arc: Week 3 Update
$2.79B traded across 350 markets from October 6 to 27.
- 4,948 active traders
- 614 new users made their first trade on Extended
- RWA markets took 31% of volume
The competition ends on November 2, with a prize pool of 250K USDC and 750K Xpoints.
This content is for informational purposes only and does not constitute an offer, solicitation or recommendation to trade.
RFQ order books display indicative prices and sizes, not committed liquidity or guaranteed execution prices. Orders may be repriced in 100ms increments within the user's maximum slippage limit and may expire unfilled. Actual execution prices may differ from displayed quotes.
Trading perpetual derivatives involves significant risk, including potential total loss. Access is subject to eligibility and jurisdictional restrictions.
Open RFQ changes who can provide liquidity.
Any market maker can fill orders through Extended’s API, while traders keep the order-book experience.
282 RFQ markets live.
XTEN at a glance:
- Genesis Supply: 1,000,000,000 XTEN
- Community Allocation: 300,000,000 XTEN (30%) for eligible participants in the Extended Points programme.
- There is nothing to pay: eligible participants will receive XTEN in a self-hosted Arc wallet.
The XTEN white paper has been prepared under MiCA, the EU’s crypto-asset rules, and notified to the competent authority. It is expected to be published on 31 October 2026.
Full details about XTEN, including tokenomics, will follow its publication.
XTEN claiming is not open yet. Beware of fake claim sites and direct messages.
Use only our official channels: https://t.co/5DGQUU4L0e, @extendedapp and the official Discord.
Never share your seed phrase or private keys. There is no price or payment required to claim XTEN; do not send funds to anyone who says you must pay to receive it.
This communication is not an offer to claim XTEN.
Extended now settles on @arc.
The migration of $120 million in TVL is complete, with open positions and orders carried across. Trading continued throughout the process.
What this means for our users:
• Faster deposits and withdrawals, leveraging Arc’s sub-second finality.
• Native USDC transfers through Circle’s CCTP.
• cirBTC is now the BTC collateral asset.
Deposits and withdrawals are open again.
The Final Arc: Week 2 Update
$1.93B traded across 319 markets from October 6 to 20.
- 4,264 active traders
- 366 new users made their first trade on Extended
- RWA markets took 29% of volume
The competition ends on November 2, with a prize pool of 250K USDC and 750K Xpoints.
Extended moves to @arc on Thursday.
Settlement migrates from Starknet to Arc on October 22 at 13:00 UTC. The migration is planned with no interruption to trading. Positions can still be liquidated during this time, so top up margin beforehand. Transfers between sub-accounts stay open.
Most accounts need to do nothing. Your account, sub-accounts, positions, orders, history, points and keys carry across unchanged. USDC migrates as native USDC, ETH migrates 1:1 as wETH, and Vault (XVS) balances and withdrawal rights are preserved.
If you hold more than $1 of USDT or wBTC in any sub-account, you must act by 12:00 UTC on October 21:
- Authorise the conversion in-app. USDT converts to USDC and wBTC to cirBTC at 1:1 during the migration, with no swap fees. Extended credits a 0.50% premium.
- Or withdraw both assets.
If you miss the deadline, your whole account will be restricted for up to 30 minutes on October 21 while Extended cancels orders, closes positions in the affected sub-accounts at mark price with no fees, and returns your USDT and wBTC to your login wallet.
Deposits and withdrawals will be paused for up to 2 hours during the migration.
Full details can be found in the documentation: https://t.co/1Wcf7uouXN