MrCrypto.hl

Hyperliquid.

[cyber @cyberxtremog]

"eToro users will gain access to prediction markets, perpetuals and yield products"

Any valuation of Extended under Bilions of usd is severely mispriced

Expecting moaaaar

[DEGEN NEWS @DegenerateNews]

NEW: @eToro IS NOW A STRATEGIC INVESTOR IN PERP DEX BUILT BY EX-@Revolut TEAM @extendedapp

"THE INVESTMENT ROUND ALSO MARKS THE BEGINNING OF A PARTNERSHIP BETWEEN EXTENDED AND @ZenGo, A SELF-CUSTODY WALLET RECENTLY ACQUIRED BY ETORO"

[rf.extended @rf_extended]

Having @eToro, @jump_ and Alber Blanc join @extendedapp as investors and partners marks an important milestone for the Extended.

We look forward to working together and will share more about what this means for Extended in due course.

[Darsey @Darsey44]

The more you think about @extendedapp the better it looks.

1. Most valuable partners are highly incentivised to make Extended better by having exposure to token.

„show me the incentive and i'll show you the outcome” ~ Charlie Munger

2. Amount of money raised is relatively small, so that tokenomics stay aligned with points holders and token performance.

3. Partnership with @eToro validates Extended to other institutions from that sector.

With 30M in revenue and further announcements we are set for successful TGE in coming weeks.

Token PA will surprise those who did not pay attention.
Perps dex arc.

[Little Anna @lttlanna]

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.

[Extended @extendedapp]

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.

[mikolaj.unit (PM arc) @Frajerhejt]

Finally!!!

It is SO SO bullish for @extendedapp.
People will soon realise why it is so important info for future.
Extended will become crucial place for trading RWA assets.

EXPECTING MORE.

[Points Goblin @PointsGoblin]

eToro is now a strategic investor in @extendedapp

let that sink in

an actual strategic investment from one of the largest retail investing platforms in the world

while everyone else was sleeping, we were quietly stacking Extended points

there are still more partnerships and announcements to come before TGE

we're going much higher

expecting more

[eToro @eToro]

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.

[Extended @extendedapp]

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.

[Extended @extendedapp]

Spot trading is live on Extended!

Extended has added spot markets for BTC, ETH, and USDT.

Spot and perpetuals now share a single margin account: spot holdings can be used as collateral for perpetuals positions without bridging or converting to USDC first.

If a USDC balance becomes negative through trading losses, they will be covered automatically using other assets in the same account. This means spot holdings may be reduced to cover losses on perpetuals positions.

Technical documentation: https://t.co/RFQIQSpqDK

[Db @danielbkck]

Zero noise, no advance announcements, no hype just quietly shipping

Spot is already live suddenly on Extended

This team’s approach feels strangely familiar

Hyperextended

[cyber @cyberxtremog]

Hyperliquid at ATH
Backpack close to $500M FDV
Lighter getting close to $2 billies

Extended about to throw the eToro announcement should send it at least to $1B FDV

Perp dex season looking bullish, expecting more

[chesa @alanchesa95]

el 10 de haití cuando vea que en el cooling break les dan agua potable

[cyber @cyberxtremog]

Extended at 1B FDV is going to look ultra cheap, specially after incoming announcements

Expecting more

[rf.extended @rf_extended]

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.

[MrCrypto.hl @MrCryptoCom]

@PrimerBitcoin @denisfinanzas Pero es que eso también es orgánico y aporta liquidez al orderbook sea en 99c o 45c. El objetivo es usar la plataforma orgánicamente pienso yo, debería ser indiferente que tomes más o menos riesgo imo. De hecho, en 99 estás aportando liquidez a todos aquellos que se quieren salir

[Darsey @Darsey44]

Buyback treasury should be about 13m right now.
Expecting 15m at TGE.
1$ of buy preassure is not 1$ of market cap added.
It is multiples of that.

- VCs that did not get a deal / got rejected.
There was no second round, but Extended got offers at hundrets of milions FDV. If they want exposure, need to buy on open market.
- buyback treasury have size.

Price action at TGE looking good.

[Saram @Saram_ath]

$25M total cumulative revenue on Extended.

People like to talk about volume.
But revenue is what shows whether a platform can actually sustain itself.

Better infra.
More markets.
Better product.
More ecosystem growth.

Expecting more.

[Denis @denisfinanzas]

Money Market de Extended (Lending) 😛

Con la nueva opción de multicolateral puedes usar tanto BTC o ETH como margen para poder operar en el mercado de extended

En vez de tener que ir solamente con USDC puedes depositar bluechips que no quieras vender y dejarlas ahí quietas

Y al depositarlas puedes tener margen en USDC

Poca broma este tipo de cosas son diferenciadoras porque eliminan mucha fricción de por medio, además las whales buscan tener mientras más margen mejor

> LTVs máximos del 90%

Es decir que si tienes $1.000 en BTC puedes pedir un máximo de $900

Todavía están en fase de testeo así que no hay apenas deuda, pero ya está implementada

Literal puedes depositar BTC/ETH que no uses para nada, pedir deuda en USDC meterlo en la vault y/o abrir un delta neutral medio safe para sacarte unos puntitos de forma "bastante sencilla"

Creo que es una opción bastante segura

Siempre DYOR ;)