Extended

    What is Extended?

    Extended is a decentralized perpetuals exchange built on StarkEx, offering over 30 trading markets with leverage up to 50x. The platform implements a hybrid Central Limit Order Book (CLOB) model that processes orders and matches trades off-chain while settling transactions on-chain through StarkEx Layer 2.

    This architecture enables Extended to deliver high-performance trading with reduced gas fees while maintaining security through StarkEx’s proven infrastructure. Their hybrid approach optimizes for both speed and cost-efficiency, addressing common pain points in DeFi trading.

    Extended Airdrop Details

    While the Extended airdrop remains unconfirmed, the protocol has indicated potential rewards for active traders and successful referrers. A points program is mentioned on website as “coming soon”, with specific details pending announcement. As with other perpetual DEXes, the points program is likely to reward user engagement based on trading volume and referrals.

    Extended is now live on Starknet! Both StarkEx and Starknet instances are fully operational. Existing StarkEx users can migrate at any time. All points rewards are now available on Starknet. For Epochs 16 and 17, the points pool has been doubled, with up to 2.4 million points distributed each week to traders on Starknet.

    Latest Update: Extended is launching Extended Vault Shares (XVS) on December 8th, with automatic distribution occurring on December 9th. Users with positive vault balances will receive XVS in a new sub-account labeled “Vault Balance,” which can be used as margin for trading on Extended. Following the distribution, vault trading, deposits, and withdrawals will be re-enabled on the platform. For complete details, see the announcement tweet.

    The contribution of Extended Vault Shares (XVS) has been increased to 90% for both Trading Equity and Available Balance. For example, if you deposit $100,000 into the vault, it will contribute $90,000 to both Trading Equity and Available Balance. With last week’s vault annual percentage rate (APR) at 37%, depositors are able to earn yield while still having funds available for trading.

    How to Participate in the Extended Airdrop

    Prerequisites

    • ETH for gas fees (Arbitrum recommended). Get ETH from Binance.
    • USDC for trading collateral (Arbitrum recommended). Get USDC from Binance.
    • Web3 wallet (Rabby recommended))
    1. Connect to Extended
    2. Deposit Funds
      • Click your wallet address in the top right
      • Select “Deposit”
      • Choose Arbitrum network for lower fees
      • Deposit USDC as trading collateral
      • Confirm the transaction
    3. Start Trading
      • Select a trading pair from available markets
      • Execute trades to build volume
      • Aim to maintain regular trading activity
      • You can also trade SPX (S&P 500) and NDX (NASDAQ) with up to 10x leverage
    4. Set Up Referrals
      • Achieve $10,000+ in trading volume
      • Navigate to “Refer” section
      • Generate your custom referral code
      • Share your link to earn 10% commission
    5. Get Discord Roles
      • Get the Tester role in Extended’s Discord by trading, reporting any bugs, creating content on social media and providing valuable feedback

    Tips to Maximize Potential Rewards

    • Focus on consistent trading volume rather than sporadic large trades
    • Use Arbitrum for deposits to minimize gas fees
    • Monitor Extended’s social media for points program updates
    • Engage actively with referred users to ensure they remain active

    FAQs

    What trading pairs are available?
    Extended offers over 30 markets including major cryptocurrency pairs with up to 50x leverage.

    How much should I deposit?
    Consider starting with enough USDC to maintain regular trading activity while accounting for market volatility and leverage risks.

    When will the points program launch?
    The exact launch date hasn’t been announced. Follow Extended’s X account for updates.

    Key Considerations

    • Market volatility and leverage risks require careful position management
    • Trading volume requirements for referral program eligibility
    • Gas fees vary between Ethereum mainnet and Arbitrum networks
    • Unconfirmed airdrop status means rewards aren’t guaranteed

    Stay updated on Extended’s developments through their official channels as more details about the points program and potential airdrop emerge.

    You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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    Estimated Value

    n/a

    Tokens per Claim

    n/a

    Max. Participants

    Unlimited

    Overview