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Extended Review 2026

DEX ☆ 4.1 Updated: 2026-10-04

About Extended

Extended is a decentralized perpetual futures exchange that settles trades on Starknet and lists 326 perpetual markets across cryptocurrencies and traditional assets such as equities, gold, oil, EUR/USD and stock indices. It was founded in 2024 as X10 by former Revolut staff led by CEO Ruslan Fakhrutdinov, rebranded to Extended, and migrated from StarkEx to Starknet mainnet in August 2025. Extended charges a 0.025% taker fee and a 0% maker fee on crypto markets, and a 0.010% taker fee on real-world asset (RWA) markets. Maximum leverage is 100x on EUR/USD, 50x on BTC, ETH and SOL, and 25x on gold and the S&P 500 market. In 2026 Extended added multi-asset collateral (USDC, USDT, wBTC, ETH and its vault share token XVS), a native money market for borrowing USDC against that collateral, and three spot markets. Users connect an EVM or Starknet wallet without KYC and can deposit from Ethereum, Arbitrum, Base, Arc, Polygon, Avalanche and BNB Chain through the Rhino.fi bridge. Extended raised 6.5 million dollars in seed funding from StarkWare, Semantic Ventures, Tioga Capital and Revolut executives. On 4 October 2026 CoinGecko reported about 181 million dollars in 24-hour volume and DeFiLlama reported about 122 million dollars in TVL.

KEY FACTS

CUSTODY
non-custodial
TAKER FEE
0.025%
MAX LEVERAGE
100x
NETWORKS
Starknet, Ethereum, Arbitrum
KYC REQUIRED
No
FOUNDED
2024

Fee Structure

MARKET TAKER MAKER
Perpetuals 0.025% 0%
Spot 0.025% 0%
Best Tier 0.025% -0.01%

Leverage & Margin

MAX LEVERAGE 100x
BTC LEVERAGE 50x
MARGIN MODES cross, isolated

Security

INSURANCE FUND Yes
PROOF OF RESERVES Yes
AUDITED Yes

Pros & Cons

PROS

  • + 326 active perpetual markets: 195 crypto and 131 real-world asset markets, including 112 equities plus gold, oil, FX and stock indices
  • + 0% maker fee and 0.025% taker fee on crypto markets, 0.010% taker fee on RWA markets, and maker rebates up to 0.010% for a 30-day market share of 5% or more
  • + Multi-asset collateral: USDC counts at 100% of its value toward margin, USDT at 95%, and wBTC, ETH and XVS vault shares at 90%
  • + No KYC: connect an EVM or Starknet wallet and deposit from 7 EVM chains (Ethereum, Arbitrum, Base, Arc, Polygon, Avalanche, BNB Chain), with USDC transfers under 1 million dollars taking about 2 minutes
  • + Up to 100x leverage on EUR/USD and 50x on BTC, ETH, SOL, HYPE and XRP, plus a public testnet that gives 1,000 dollars of test USDC per day

CONS

  • − Restricted in the United States, United Kingdom, Canada, Russia, Hong Kong, Seychelles and sanctioned countries (Cuba, Iran, North Korea, Syria); the Terms of Use forbid using a VPN to bypass this
  • − BTC and ETH leverage is capped at 50x, and the 100x maximum applies only to the EUR/USD market
  • − TVL of about 122 million dollars and 24-hour volume of about 181 million dollars are well below the largest perp DEXes, which means less depth for large orders
  • − The EXT token has no launch date in the official docs, and the points program states that points carry no present entitlement to tokens
  • − Spot is limited to 3 markets (wBTC/USDC, ETH/USDC, USDT/USDC) and Extended lists no native mobile app on its website

Frequently Asked Questions

Is Extended safe?

Extended is non-custodial: user funds sit in Starknet smart contracts, and every trade, liquidation and funding payment is checked on-chain and verified with zero-knowledge proofs. The contracts were audited by ChainSecurity and reviewed in a public Code4rena audit competition in March 2025. Smart contract, oracle and liquidation risk remain, and the Extended Vault is not a guaranteed backstop.

What are Extended trading fees?

Extended charges a 0.025% taker fee and a 0% maker fee on perpetual and spot markets. RWA markets such as equities and gold have a lower 0.010% taker fee. Makers with at least 0.5% of 30-day maker volume earn rebates from 0.002% to 0.010%. Referred users get a 10% fee discount on their first 50 million dollars of volume.

Does Extended require KYC?

No, Extended does not require KYC. Users connect an EVM or Starknet wallet and trade. Access is restricted for residents of the United States, United Kingdom, Canada, Russia, Afghanistan, China (Hong Kong), Seychelles, Cuba, Iran, North Korea, Syria and occupied regions of Ukraine. The Terms of Use forbid using a VPN to get around these restrictions.

What leverage does Extended offer?

Extended offers up to 100x leverage, but only on the EUR/USD market. BTC, ETH, SOL, HYPE and XRP allow up to 50x, gold and the S&P 500 market allow 25x, and most equities allow 5x to 20x. Maximum leverage falls as position size grows. Cross margin is the default, and isolated margin works through up to 10 separate sub-accounts.

How do deposits work on Extended?

Extended accepts USDC, USDT, wBTC and ETH deposits from Ethereum, Arbitrum, Base, Arc, Polygon, Avalanche and BNB Chain through the Rhino.fi bridge (chains vary by asset), or directly from a Starknet wallet. USDC transfers under 1 million dollars take about 2 minutes. All markets settle in USDC, while USDT counts at 95% and wBTC and ETH at 90% toward margin.

What makes Extended different from other perp DEXes?

Extended combines crypto and traditional markets in one account: 195 crypto perpetuals and 131 RWA perpetuals covering equities, commodities, FX and indices, all settled in USDC. Vault deposits return XVS shares that earn yield and count at 90% as trading collateral. The team are former Revolut staff, and trades settle on Starknet with zero-knowledge proofs.

Does Extended have a token or airdrop?

Extended's official docs give no launch date for the EXT token as of 4 October 2026. The points program allocates up to 600,000 points per week and had distributed 68,734,321 points by 29 September 2026. The docs state that points create no present entitlement to receive tokens, so the size and timing of any airdrop are unconfirmed.

DATA SOURCES

https://docs.extended.exchange/ · https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates · https://docs.extended.exchange/extended-resources/trading/crypto-markets/margin-schedule · https://docs.extended.exchange/extended-resources/trading/rwa-markets/margin-schedule · https://docs.extended.exchange/extended-resources/trading/unified-margin-and-balances · https://docs.extended.exchange/extended-resources/account-operations/deposits-and-withdrawals · https://docs.extended.exchange/extended-resources/referrals-and-affiliates · https://docs.extended.exchange/extended-resources/points-program · https://docs.extended.exchange/extended-resources/legal/restricted-countries · https://docs.extended.exchange/extended-resources/legal/terms-of-use · https://docs.extended.exchange/extended-resources/more/smart-contract-audits · Extended public API (api.starknet.extended.exchange/api/v1/info/markets) · CoinGecko derivatives API · DeFiLlama API

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