Extended Points: Week 23 Recap

Today we distributed 991,899 points to ~5,050 users based on their activity over the past week.

Now available to trade: $CAKE with up to 10x leverage

https://app.extended.exchange/perp/CAKE-USD

Now available to trade: $4 with up to 5x leverage


https://app.extended.exchange/perp/4-USD

Now available to trade: $MON with up to 10x leverage

https://app.extended.exchange/perp/MON-USD

Please note that $MON is a pre-launch token, with Mark and Index Prices powered by an oracle blend from Hyperliquid, Bybit, and Binance.

Once $MON officially launches, this market will remain active — no position migration will be required.

Extended Vault all-time PnL has surpassed $1M with 20%+ APR

Current TVL: $20M

https://app.extended.exchange/vault

Vault Deposit Update

For this week we have removed the allowance rate logic that normally depends on the amount of points earned during the previous epoch.

All users now have an allowance rate of 100%.

This means that if you recently withdrew funds from the vault to rebalance on Extended or other exchanges and now want to deposit again, you will be able to redeposit the full amount without any restrictions.

https://app.extended.exchange/vault

Extended Points: Week 24 Recap

Today we distributed 1,001,082 points to ~6,400 users based on their activity over the past week.

It’s been a challenging period for the entire community. We’re still reviewing user claims and will distribute additional points to those affected.

Here’s where we stand today:
- TVL: $74M
- Daily Volume: $1B
- Active Weekly Users: 7,400 (made at least one trade or deposited into the vault)

Now available to trade: $SNX with up to 10x leverage


https://app.extended.exchange/perp/SNX-USD

Extended Points: Week 25 Recap

Today we distributed 1,310,270 points to ~6,700 users based on their activity over the past week.

Of this pool, 300,000 points were distributed to users affected by the downtime that occurred during the night of October 10–11. These points were allocated to:
- Users with validated claims submitted via Discord tickets related to the downtime
- Liquidated users impacted by the severe market conditions
- Users who experienced delays in deposits or withdrawals

In addition, we reimbursed ~$500,000 to users who were directly impacted and incurred losses as a result of the downtime.

Please note that this week, the points pool exceeds the standard 1.2M weekly cap. However, no additional point emissions were made — as in previous weeks, less than 1.2M points were distributed.

Now available to trade: $MEGA with up to 5x leverage

https://app.extended.exchange/perp/MEGA-USD

Please note that $MEGA is a pre-launch token, with Mark and Index prices powered by an oracle blend from exchanges where $MEGA pre-market is trading. Once $MEGA officially launches, this market will remain active — no position migration will be required.

Extended Points: Week 26 Recap

Today we distributed 996,938 points to ~7,000 users based on their activity over the past week.

15k traders at Extended Leaderboard

Extended Points: Week 27 Recap

Today we distributed 986,202 points to ~7,000 users based on their activity over the past week.

Extended has hit an all-time high with $1.45B in daily trading volume

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:
- @ready_co: native wallet integration, targeted to go live by the end of November.
- @tengu_trade: Telegram bot on Extended (closed beta access).
- @shiftprotocol_: automated DeFi yield opportunities, integrating Extended Vault this month.
- @dotradelabs: universal trading layer (closed beta access).
- @karnotxyz: Arc, a portfolio manager for all your assets: yield, perps, and more (in development).

See details in the docs.

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.

Full details in the docs.

You can now trade SPX (S&P 500) and NDX (NASDAQ) with up to 10x leverage

https://app.extended.exchange/perp/SPX-USD

https://app.extended.exchange/perp/NDX-USD

Extended vs Pacifica Trading Competition

The competition starts - along with a joint AMA - on December 8th at 2PM UTC.

Details and sign-up: https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition

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 preparation for XVS

Tuesday, Dec 9: Launch Day
- All users with a positive vault balance receive XVS in a new sub-account (Vault Balance)
- XVS can be used as margin for trading on Extended
- Vault trading, deposits and withdrawals are re-enabled

We expect the release to complete on Tuesday, but the window may extend up to 48 hours.

XVS upgrades after launch
- 1 week: 50% XVS equity contribution + extra yield based on user activity (on top of base yield)
- 2 weeks: 75% XVS equity contribution
- End of year / early next year: 90% XVS equity contribution

Example
- At launch: $100 of XVS, earning Base yield only = $25 collateral
- Target state: $100 of XVS, earning both Base and Extra yield = $90 collateral

XVS yield explained
- Base yield (~15% all-time APR), earned by all depositors
- Extra yield based on trading activity: the more active you are, the higher your APR.

Release updates will be shared in Discord. You can already test XVS (with 70% collateral contribution) on testnet.

Vault Deposits & Withdrawals: Temporary Freeze

On Monday, Dec 8, we are starting the release of XVS (Extended Vault Shares). As part of the rollout, Extended Vault deposits and withdrawals will be paused starting tomorrow for up to 48 hours.