Extended Exchange Surges to $1B Daily Volume on Starknet as Points Program Hits Record Distributions

Extended, the perpetual futures DEX crafted by former Revolut engineers, is charging ahead on Starknet with blistering performance and user-centric rewards. Fresh off its full migration to the Ethereum L2 in August 2025, the platform has rocketed to $1 billion in daily trading volume and $74 million in TVL, attracting over 7,400 weekly active users. Trading everything from BTC and ETH to TradFi assets like EUR and SPX with up to 100x leverage, Extended blends CeFi speed with DeFi trustlessness— all while its Season 1 points program doles out millions in rewards, stoking expectations for a token airdrop.

Blazing Fast Trading on Starknet: Post-Migration Momentum

Launched on Starknet mainnet on August 12, 2025, after a seamless shift from StarkEx, Extended delivers sub-10ms end-to-end latency for orders, gas-free execution, and self-custodial security. Its hybrid CLOB model—off-chain matching with on-chain ZK validation—ensures no frontrunning or MEV, while supporting EVM-compatible deposits from chains like Ethereum, Arbitrum, and Base.

Standout features include:

• Advanced Order Types: Market, Limit, Conditional triggers, TWAP, Scaled orders, Post-Only (ALO), and linked TP/SL (OCO) for sophisticated strategies.
• Fees That Favor Traders: 0.025% taker fee with 0% maker and up to 2 bps daily rebates based on 30-day maker share.
• Deep Liquidity via Vault: The Extended Vault aggregates quotes, handles liquidations, and captures 50% of net fees (post-rebates), offering TVL caps, adaptive spreads, and ADL safeguards. Deposits lock for 24 hours, but withdrawals are pro-rata and unrestricted.
• Diverse Markets: Over 50 pairs, including crypto staples, pre-launch tokens like $MON and $LINEA, and TradFi indices—24/7 trading with oracle blends from Hyperliquid, Bybit, and Binance.

With $319 million average daily volume pre-migration and open interest topping $90 million, Extended's post-launch surge underscores its edge in a market where perp DEX volumes eclipsed $1 trillion last month.

Season 1 Points Program: Rewards, Recaps, and Compensations

Extended's points program, ignited in April 2025, is the heartbeat of its community flywheel, distributing up to 1.2 million points weekly every Tuesday at 00:00 UTC. Merit-based allocations reward trading volume, liquidity provision (via Vault deposits or tight order books), and referrals/affiliates— with early adopters netting bonus drops like 4.3 million points in February and April.

In the latest Week 25 recap (October 21, 2025), Extended dished out a record 1,310,270 points to ~6,700 users, exceeding the cap to include 300,000 in compensations for a October 10-11 downtime. This followed ~$500,000 in direct reimbursements for impacted traders, including liquidated positions and delayed deposits/withdrawals. Week 24 saw 1,001,082 points to 6,400 users, highlighting resilience amid market turbulence.

Earning and Boosting Points

• Trading: Core driver, weighted by volume and PnL in competitions.
• Liquidity: Vault deposits earn based on contribution; recent update removed allowance caps, enabling 100% redeposit rates.
• Referrals & Affiliates: Standard links yield 10% commissions and 2.5% of referral points; affiliates (tiered by 30-day referred volume) share up to higher rates, redistributing 50% of points back to refs.
• Events: Trading comps like the August 26-Sept 2 event (53,500 points prize pool, scored on volume × (1 + PnL%) + referred volume) and merch drops for top "Extended Kings."

Points trackers via Metabase dashboards keep the ecosystem transparent, with doubled pools (up to 2.4M) during key epochs like the migration.

Airdrop Anticipation and Roadmap Ahead

While token details remain under wraps, community buzz ties points directly to a forthcoming airdrop, with calculators circulating to estimate allocations. Backed by $6.5M from Tioga Capital, Semantic Ventures, Cherry Ventures, StarkWare, and Cyber Fund—plus angels like Revolut execs and Lido co-founder Konstantin Lomashuk—Extended's vision extends beyond perps.

Upcoming milestones:

• Unified Margin Rollout: Integrating native lending/borrowing (e.g., using wstETH as collateral) and spot markets for cross-asset efficiency.
• Fiat Onramps: Secure card and bank settlements for instant fiat-to-perp trades.
• Wallet Integrations: Native perps access in major mobile wallets to onboard retail masses.
• EVM Network Evolution: A custom chain with embedded unified margin as an ERC-20, enabling app-wide liquidity sharing and global margin accounts.

As founder rf.extended shared in recent Spaces: "We're not just trading perps—we're building the open financial ecosystem TradFi wishes it had."

Why Extended is Primed for DeFi Dominance

In a perp landscape dominated by Hyperliquid's 80% share, Extended carves a niche with TradFi crossovers, ZK-powered fairness, and relentless user rewards. Its 55% repeat depositor rate and migration success signal sticky growth, positioning it as a gateway for institutions and retail alike.

From scalping pre-launches to hedging indices, Extended's toolkit empowers every edge. With points accruing and airdrop whispers growing, Q4 2025 could be explosive.

Jump in at app.extended.exchange. Track leaderboards, snag a referral, and follow @extendedapp on X for weekly recaps and new listings.

Use the best referral code for Extended - PCCRYPTO

Stay tuned to our blog for more DeFi breakthroughs and reward radars.