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extended

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Extended Announcement of Points Program Review Results, Removing Violations Over 5 Million. A total of 5,038,989 points were removed, involving non-organic or manipulative activities. As of August 10, after the points program update, the total points amount to 64,673,031. The adjustments cover 4,017 affected accounts and 35 identified violations such as witch-fraud operations. This review focused on cross-account collusion transactions, self-swiping through referrals, witch wallet clusters, and multi-account coordinated activities. The removed points have been returned to the program budget for genuine participants to continue earning. The overall points distribution cap remains no more than 70 million. On-chain perpetual exchanges proactively doing a “cutting out the poison” move is truly rare. Compared to turning a blind eye and letting witch farms drain users, timely cleanup of noncompliant points and refunding real users is what long-termism looks like. Although the witch crackdown may come late, it arrives all the same; fairness is the foundation of the ecosystem. #Extended #积分计划 #Witch Crackdown
Extended Announcement of Points Program Review Results, Removing Violations Over 5 Million. A total of 5,038,989 points were removed, involving non-organic or manipulative activities. As of August 10, after the points program update, the total points amount to 64,673,031. The adjustments cover 4,017 affected accounts and 35 identified violations such as witch-fraud operations. This review focused on cross-account collusion transactions, self-swiping through referrals, witch wallet clusters, and multi-account coordinated activities. The removed points have been returned to the program budget for genuine participants to continue earning. The overall points distribution cap remains no more than 70 million.

On-chain perpetual exchanges proactively doing a “cutting out the poison” move is truly rare. Compared to turning a blind eye and letting witch farms drain users, timely cleanup of noncompliant points and refunding real users is what long-termism looks like. Although the witch crackdown may come late, it arrives all the same; fairness is the foundation of the ecosystem.

#Extended #积分计划 #Witch Crackdown
Discover a project worth adding to your watchlist: Extended. The backstory isn’t ordinary—its team comes from Revolut and chose to deploy an on-chain perpetual DEX on Starknet’s ZK L2. The key differentiator is coverage: crypto, US equities, FX, and other RWA assets are unified on-chain trades. It uses a hybrid order book architecture plus multi-asset unified margin, combining a CEX-level experience with ZK’s verifiability. On the funding side, it has just closed a $12.5M round co-invested by Jump Crypto. On the product side, it’s running points-based incentive programs to drive user acquisition—essentially securing one of the core narratives in the RWA derivatives space. The focus is actually very clear: · Is the leverage demand real after traditional financial assets go on-chain? · Can Starknet handle the performance pressure of high-frequency matching? · The timeline for兑现 (fulfilling) the points expectations. $STRK One of the most imagination-rich directions for the ecosystem this year is likely hidden along the RWA Perp line. #Extended #RWA衍生品 #Starknet
Discover a project worth adding to your watchlist: Extended.

The backstory isn’t ordinary—its team comes from Revolut and chose to deploy an on-chain perpetual DEX on Starknet’s ZK L2. The key differentiator is coverage: crypto, US equities, FX, and other RWA assets are unified on-chain trades. It uses a hybrid order book architecture plus multi-asset unified margin, combining a CEX-level experience with ZK’s verifiability.

On the funding side, it has just closed a $12.5M round co-invested by Jump Crypto. On the product side, it’s running points-based incentive programs to drive user acquisition—essentially securing one of the core narratives in the RWA derivatives space.

The focus is actually very clear:
· Is the leverage demand real after traditional financial assets go on-chain?
· Can Starknet handle the performance pressure of high-frequency matching?
· The timeline for兑现 (fulfilling) the points expectations.

$STRK One of the most imagination-rich directions for the ecosystem this year is likely hidden along the RWA Perp line.

#Extended #RWA衍生品 #Starknet
$EXTENDED NETS $12.5M FROM ETORO AND JUMP CRYPTO 🔥 eToro’s $12.5M strategic stake in Extended signals growing institutional appetite for on-chain perpetual futures. Built on StarkEx Layer-2, the platform aims to bridge traditional finance with decentralized trading — a structural shift gaining momentum. Launch is slated for end of 2024, meaning the infrastructure race is heating up now. With Jump Crypto also backing this, Tier-1 capital is voting on scalability solutions. How does this affect your existing L2 trade setup? Not financial advice. Always manage your risk. #EXTENDED #Investment #DeFi #PerpetualFutures #Layer2 🔥
$EXTENDED NETS $12.5M FROM ETORO AND JUMP CRYPTO 🔥

eToro’s $12.5M strategic stake in Extended signals growing institutional appetite for on-chain perpetual futures. Built on StarkEx Layer-2, the platform aims to bridge traditional finance with decentralized trading — a structural shift gaining momentum.

Launch is slated for end of 2024, meaning the infrastructure race is heating up now. With Jump Crypto also backing this, Tier-1 capital is voting on scalability solutions.

How does this affect your existing L2 trade setup?

Not financial advice. Always manage your risk.

#EXTENDED #Investment #DeFi #PerpetualFutures #Layer2

🔥
Extended raises $12.5M in a Strategic funding round #Extended secures $12.5M in a Strategic funding round led by eToro, with participation from Jump Crypto and Alber Blanc. This funding round brings Extended's total funds raised to $19M. The funding round also marks the start of a partnership between Extended and #Zengo , a self-custody wallet recently acquired by eToro. Extended is a perpetuals #DEX offering trading across 100+ markets including crypto, equities, FX, commodities, and indices, with up to 100x leverage. 👉 x.com/extendedapp/status/2072727897165426993
Extended raises $12.5M in a Strategic funding round

#Extended secures $12.5M in a Strategic funding round led by eToro, with participation from Jump Crypto and Alber Blanc. This funding round brings Extended's total funds raised to $19M. The funding round also marks the start of a partnership between Extended and #Zengo , a self-custody wallet recently acquired by eToro.

Extended is a perpetuals #DEX offering trading across 100+ markets including crypto, equities, FX, commodities, and indices, with up to 100x leverage.

👉 x.com/extendedapp/status/2072727897165426993
Article
🚨 THE CEFI-DEFI BRIDGE IS CONSOLIDATEDWHY ARE TRADITIONAL BROKERS MOVING INTO DEFI? 🚨 The line between Centralized Finance (CeFi) and Decentralized Finance (DeFi) is being erased for good. In a strategic move that marks a before-and-after for mass adoption, the traditional brokerage giant eToro has just led a $12.5 million investment round in Extended, an on-chain derivatives platform. It’s a masterstroke: eToro will integrate this perpetual contracts engine into its newly acquired self-custody wallet, Zengo, allowing everyday users to trade leveraged futures directly on the blockchain without losing control of their private keys. For those wondering what DeFi is, it simply means removing traditional intermediaries (like banks or clearinghouses) and replacing them with automated smart contracts on networks such as Ethereum or Solana.

🚨 THE CEFI-DEFI BRIDGE IS CONSOLIDATED

WHY ARE TRADITIONAL BROKERS MOVING INTO DEFI? 🚨
The line between Centralized Finance (CeFi) and Decentralized Finance (DeFi) is being erased for good. In a strategic move that marks a before-and-after for mass adoption, the traditional brokerage giant eToro has just led a $12.5 million investment round in Extended, an on-chain derivatives platform. It’s a masterstroke: eToro will integrate this perpetual contracts engine into its newly acquired self-custody wallet, Zengo, allowing everyday users to trade leveraged futures directly on the blockchain without losing control of their private keys. For those wondering what DeFi is, it simply means removing traditional intermediaries (like banks or clearinghouses) and replacing them with automated smart contracts on networks such as Ethereum or Solana.
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