CryptoThatDoesntSuck

Extended end of Q1 update [TLDR] - Multi-asset collateral launching soon - TradFi expansion accelerating (>25 markets live, partnership coming, focused on distribution via TradFi brokers) - Becoming more institutional-ready (pricing methodology, trading workflows) - Building decentralised, high-throughput sequencing [Product] The team has completed development of multi-asset collateral margin. It is now in the testing phase on testnet and undergoing smart contract audits. We expect to launch at the end of April or early May, with support for wBTC, ETH, USDT and potentially EURC as collateral, subject to underlying liquidity. In Q1, we also doubled down on our TradFi offering, expanding to 25+ equities, indices, FX markets and commodities with competitive liquidity. We are currently finalising an agreement with a major TradFi broker, which will both broaden our offering and help bring in flow. The other priority for the team is making Extended more institutional-friendly across both product and trading: - Improving the definition and transparency of fair reference pricing for TradFi markets, with a consistent and clear methodology: spot-based references for equities and FX, and futures-derived pricing for commodities and energy - Introducing and better communicating institutional-grade features such as MPC wallet workflows, API key-only trading, and our sub-account architecture In addition: - With multi-asset collateral, we have built native spot markets (required to process liquidations of non-USDC balances). These will be released shortly after the cross-asset rollout. - The team is progressing towards decentralising sequencing via an application-specific chain built on a high-throughput implementation of full BFT consensus (targeting ~50ms block times and hundreds of thousands of transactions per second). This architecture introduces an app-chain layered on top of our existing zk-enabled stack, enabling decentralised matching and related services while preserving existing security guarantees. More details and timelines will be shared soon. Importantly, this design enables Extended tokenomics and revenue accrual to the token. [Growth and community] Our strategy remains consistent: - Stay open to feedback - Continuously iterate on the product - Encourage organic usage - Do not do paid marketing or paid deals - Focus on long-term sustainability and value creation Over the past quarter, we have gained stronger conviction that demand for perpetuals is increasing among traditional players, driven by 24/7 trading, higher leverage and deeper liquidity. As a result, we are doubling down on business development with TradFi brokers (fintechs and trading platforms). This is a long-term effort, but we believe it will be a key driver of sustainable growth. We also have several important integrations with trading terminals coming up, both retail and institutional. [Team] Over the past quarter, we hired 3 new team members and are now a team of 14. As we move towards decentralising sequencing, we expect to grow to 18-20 people in the coming months. [Market and exchange metrics] Nothing unexpected: January saw all-time highs across key metrics, followed by a broader market slowdown in February and March. All Extended metrics are public: dune.com/extended/exten… From our perspective, short-term market conditions are less important than long-term trends. What matters is that the market we are building in continues to grow and there is room for new players. We strongly believe this is the case: - price discovery for TradFi assets is likely to increasingly shift towards perpetuals. More on this here: x.com/rf_extended/st… - DeFi continues to gain share versus CeFi - Regulatory clarity is improving across both the US and Europe

@derivio_xyz @0xMagic_ How to join?

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@Darsey44 Lets talk about $100 🎆

Overthink best case scenario: Revolut x Extended This team built crypto on revolut. Now this team is building leverage trading for revolut (x10). Current valuations won't matter when that happens. Best thing about it is minimal VCs investement witg community first approch. 10$ per point will be true one day. HyperExtended.

@Darsey44 If all comes true, three figs per point easy

Extended. - eToro partnership solves equity perps at scale. - multi asset collateral. - 20m buyback treasury to acquire 30% of circulating supply at TGE. - Revolut integrating extended builder codes. 30% of circulating supply is already taken out of the market so price goes up hard, green candles are best marketing for projects. - @extendedapp goes mainstream. 10$ per point is true. Obviously $HYPE leads the market, Extended becomes second best expresion of perps thesis. This is my thesis that have possibility to change lives.

Lmaoooooo I’m crying

Trading Fee Update Effective March 25, 2026 at 1:00 PM SGT (5:00 UTC) for Spot and Futures: + Retail Taker fees will be updated to 0.0075% + Pro Maker fees will be updated to 0% For the full fee schedule, visit: docs.paradex.trade/trading/tradin…

🔥 UPDATE: Perp DEX rankings show Hyperliquid leading in volume and liquidity as Extended and Aster gain traction and competition heats up.

"Things always become obvious after the fact." - Nassim Nicholas Taleb

you are trading against people shocked at a hand having 5 fingers and wondering if markets are efficient

Some of you may have noticed reduced volume on @DefiLlama for several exchanges, including @extendedapp This is due to a change where DefiLlama now represents only taker volume. This affects a number of exchanges, including Extended, as we have historically reported taker + maker volume. We’re comfortable with this change. However, we’ve also suggested that DefiLlama take additional steps: 1. Clean up wash / intra-spread volume across all exchanges they track. Example: if the best bid is $99k and the best ask is $100k, but a trade occurs at $99.5k, that’s an intra-spread trade, which often indicates wash trading (see image, [REDACTED] exchange which currently fakes their volume the same way) 2. Remove exchanges whose reported volume cannot be independently verified. When building Extended, the team chose to report taker + maker volume because exchanges earn fees on both sides of a trade, so both sides reflect real activity. Some other exchanges also report volume this way. At the same time, our taker trade stream has always shown only a single trade, and we’ve never hidden that. We hope DefiLlama takes these steps to make the data they publish more reliable and useful.

Okay so with DN Funding Arb I can calculate my costs to farm points, and scale up with volume Lets say I burn $10,000 Base case return = $20,000 Decent launch = $40,000 BTC to 6 figs = $80,000 Perp DEX Rally = $150,000 Full-on Alt Season = $500,000 Seems a bet to me, NFA

@imspeculating It means that less than $5 is utterly disrespectul FUD

No need to overcomplicate it. I stopped farming @paradex after they delayed their initial airdrop and announced further points seasons. One of the key factors I've seen in successful airdropping tokens, is the projects being community focused. Paradex was greedy & extractive.

@CallumOnCrypto 💯💯 Worst case break even, good case double, tripple or quadruple your money, bull case 10x or more your money tell that to someone in tradfi and they would drool all over the place. Crypto is still the best place.

People often forget about the asymmetric upside of airdrop farming Farming now may seem bleak, but the market could flip, go on a huge run, and the airdrops we farm could be worth 10X what we expect Asymmetric opportunity is the whole reason we are in crypto - don't forget that Simply put - of you're calculating that at the worst case scenario you'll break even, but in the best case scenario you could multiply your money hugely, you probably should farm more You only need to be right ones Think of the guys who were early and went big on Hyperliquid They made millions, literally CC2 made like $6,000,000 from Hyperliquid alone For example, many people think @variational_io will launch at $0.5b, maybe even $0.3b, but just a couple months ago, it was pretty much consensus that it would launch at $1b - $1.5b If the market spikes back up before launch, and reaches those levels again, we will see a much larger than expected ROI on our farming efforts TBH I can easily see the likes of Variational and @extendedapp Reaching $3b - $5b in the right market conditions That is the most important factor by far You should be farming projects that are PRIMED for take off All it takes is a market rally, launching at the right time, and we will MAKE IT

@kdotcrypto Wen?

Testing is performing better than expected Makers and Desks are rushing to integrate Anticipation at ATH It’s nearly time… Testnet ❌ Paper trading mainnet ✅

When you go all in on crypto 🚀

German AI congress look inside > Boomer daycare for speakers with 0 technical knowledge Are we winning the AI battle Germanbros?

Ok stop searching, its over. The only proof anyone will ever ever need. Straight out of his own mouth.