Extended
@extendedapp
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Perp Dex built by ex- @Revolut team. Join the community: https://t.co/vZ8bO1ePUv
Joined January 2024
Season 1 of Extended’s points program is Live 1,200,000 points will be distributed weekly to Extended users. Points are earned through trading, referring, and providing liquidity. Exact criteria won’t be made public, but all organic activity is tracked and will be rewarded.
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Extended Vault Shares (XVS): Launch Plan We’re releasing XVS next week. Rollout will happen in multiple stages. Monday, Dec 8: Release Begins - Extended Vault stops quoting for the release window - Vault deposits and withdrawals are paused - Core components are released in
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You can now trade perps directly through @ready_co - powered by Extended Ready today: - 2M downloads - 300k weekly active users - $100M+ in BTC staked with it
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Extended vs Pacifica Trading Competition The competition starts - along with a joint AMA - on December 8th at 2PM UTC. Details and sign-up: https://t.co/7R91jcfJ8Q
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What matters is the total cost of execution, not just the fee users pay. 0% fees ≠ cheaper total cost. We ran the numbers across Hyperliquid, Lighter, and Extended. TL;DR: 1. Lighter vs Extended: Total execution cost on Extended on alts �� Total execution cost on Lighter
State of liquidity and execution on @extendedapp v2 At the request of the community, we've updated and expanded our analysis comparing slippage and total cost of execution (taker fees + slippage) across Extended, Hyperliquid (base tier) and Lighter (both Standard and Premium).
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You can now trade SPX (S&P 500) and NDX (NASDAQ) with up to 10x leverage https://t.co/NCI8gMj5hK
https://t.co/6UPG5F0SfB
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Lower fees don’t drive adoption in perps - better product does. As an ex-Head of Crypto Ops at @Revolut, @rf_extended has seen this play out at scale. Revolut’s crypto fees were 10x higher than major CEX fees - yet it still had: - 10M+ crypto users (about 20% of the entire
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We’ve just updated margin schedule for Group 3 and Group 4 assets. Group 3: max leverage 25x → 50x Group 4: max leverage 20x → 25x Along with higher max leverage, margin requirements have also been adjusted.
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All perp DEXs aren’t really competing with each other — we’re competing with CeFi. Here’s today’s picture: - Top 10 DEX 24h perp volume: $56B - Top 10 CEX 24h perp volume: $525B CeFi still does ~9× more volume. But: - 2 years ago: CeFi perps were ~40× bigger - 1 year ago: ~20×
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NOW LIVE on Nomina: @extendedapp Run delta neutral strategies across Extended + Hyperliquid + Lighter. More spreads. More points. More profit. Expecting more.
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News from the NYSE: @extendedapp is coming to Nomina this week. Powered by @StarkWareLtd, Extended has processed $25 billion in just the last month. We're handing out a limited number of access codes. Reply if you want one, see if we pick you ↓
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CHOOSE YOUR EXCHANGE @paradex VS @extendedapp Livestream this Friday with @fiddybps1 and @rf_extended 8pm SGT 12pm UTC 8am EST
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Extended now supports Builder Codes Builder Codes allow developers who build alternative frontends or strategies for Extended to earn a fee on every trade they route for users. This builder fee goes 100% to the builder. Already in progress with 5+ external teams, including: -
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Extended has hit an all-time high with $1.45B in daily trading volume
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Extended Points: Week 27 Recap Today we distributed 986,202 points to ~7,000 users based on their activity over the past week.
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