Testovsky 🍪

@YieldMaxing @stablewatch Woah, damn, that is quite a big seed!

Building @Stablewatch taught us everything about yield-bearing stablecoins. We quickly realized businesses wanted to plug stablecoin savings into their apps, but doing so meant they had to become a DeFi asset manager or hire one. After 7 months of not touching grass, we’re finally unveiling @OseroHQ to build a savings account for where your stablecoins already are. We raised $13.5M to make it happen. May God bless us.🕊️

@Saram_ath Back into cold 😆

guess where I’m going? back to my own bed🥹

@rf_extended Expecting more.

From our conversations with TradFi brokers, it’s clear that moving to 24/7 is quickly becoming table stakes. To get there, most are looking at two routes: launching perps (either in-house or via partners) or extending CFDs to 24/7 and hedging the exposure externally. When discussing the second approach, hedging CFD exposure with perps (instead of futures, leveraged spot, etc.), two structural differences stand out: 1. Deterministic liquidation vs operational margining. In TradFi, margining is rule-based but involves operational processes and potential grace periods, while in perps liquidation is fully deterministic and continuous, ensuring individual account and system-wide solvency without credit assumptions. 2. Managing funding vs rollover / borrow costs. Perp funding is realized more frequently (hourly / 8-hour), and can be significantly more volatile as it reacts in real time to positioning imbalances, compared to the smoother, benchmark-driven cost of carry in futures and financing markets. None of those are blockers to a wider institutional adoption of perps, but rather observations on how traditional players are already adapting their ways of working to benefit from perps and DeFi.

@derteil00 One from Vlad is also awesome 👀

I received so many Lambos from Jeff in 24’ it’s mindblowing

@derteil00 $1 will be first

$84,000 $2800 $55 $1 I will buy before May and won’t go away

@satoshiheist @Henrik_on_HL Choose wisely

@Henrik_on_HL No fees on Lighter 🕯️

Fees on Hyperliquid are insanely high

@derteil00 Well, they killed infofi to run theirs so..

Wtf

@Saram_ath Bali is as crowded as you want 😉 Enjoy the weather!

„Bali is overrated & too crowded” Meanwhile the average breakfast here. GM

@Saram_ath Expecting more.

Welcome on Extended. Hyperextended.

@lyubo_p @extendedapp Expecting more.

State of liquidity and execution on @extendedapp v5 - TradFi Edition By popular demand, we're taking our liquidity analysis beyond crypto for the first time, this time covering TradFi markets: US equities (NVDA, MSTR, INTC, CRCL), precious metals (XAU, XAG), and the Nasdaq Index (NDX), across @extendedapp, @HyperliquidX (via @tradexyz), and @Lighter_xyz. Methodology 1. We measured slippage (buy/sell) on the above assets for $10k and $100k market orders across the three exchanges every 30 seconds from Mar 24, 07:11 UTC to Mar 31, 11:44 UTC (20,657 snapshots) 2. We ranked each exchange by market and clip size for both slippage and total cost of execution (slippage + exchange fee), where 1 = best and 3 = worst 3. Fees applied: Extended 2.5 bps, Hyperliquid base rate 4.5 bps, Lighter 0 bps 4. The dataset also includes charts showing how slippage evolved over the tracked period 5. NDX is listed as XYZ100 on Hyperliquid and QQQ on Lighter Results: Slippage - On equities and metals, Extended leads at $10k clip sizes, while Hyperliquid is better at $100k - On indices (NDX), Hyperliquid leads at both clip sizes Total cost of execution - where it gets interesting - Equities at $10k: Extended is the cheapest across all 4 - Equities at $100k: Hyperliquid leads across all 4 - Metals: Lighter's zero-fee model gives it the edge on both XAU and XAG at $10k, and on XAU at $100k - Indices (NDX): Hyperliquid leads at both clip sizes What this means 1. For equity trading at smaller sizes, Extended liquidity and fee structure make it the most efficient option overall 2. For larger orders, Hyperliquid has deeper liquidity and wins on total cost 3. Lighter's zero-fee model gives it a real edge in metals, though less so in equities It’s still early days for on-chain TradFi liquidity. There’s room for all exchanges to improve, and we'll keep tracking it. Full dataset: docs.google.com/spreadsheets/d…

@ruggedpikachu you can split any amount you want and sell other side

How did this mf fill a 500K$ position on the rock becoming president at 50/50 odds? How is that even possible

@rf_extended Expecting more.

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

@NewPaguinfo Awesome, thanks. Now its time for destiny.

@testovsky_eth LOL almost sold all

Next is LIT Expect Pagumalion-effect

@XtineFang that is the buy for me

Question - what do you think of $LIT at 0.96 USD here (22 Mar 2026)? - comment below

@lttlanna Expecting more.

why Extended won’t cut deals every week I get proposals for “special arrangements”. extra points pools, special trading budgets, requests to be placed in the highest league without trading. sometimes the numbers are big enough that saying no in the moment feels painful, especially when you’re responsible for growth and naturally think about how much faster things could move if you just agreed. but over time I've only become more convinced that saying no is the only correct decision. the first problem with deals like this is ethical. if a project publicly claims fairness while quietly making exceptions behind the scenes, it will eventually come out. it always does. when that happens, the reputational damage is much larger than whatever benefit the deal produced. the second problem is economic. most deals look attractive in isolation but stop making sense once you consider the system as a whole. take special points allocations. if you give someone an additional points pool, they are probably not the only one receiving it. a few more people get similar arrangements and suddenly no one is actually privileged - everyone just dilutes the overall distribution without even realizing it. or traders asking for budgets. when someone says: “give me $100k to trade or I won’t trade on your exchange.” my answer is usually simple: thank you for your time. a few days later I will probably see them trading on a competitor. that doesn’t make me sad that we lost them - it makes me sad that another exchange accepted the deal. traders who only show up because they are being paid to do so don’t care about your product, your token, or the long-term success of what you’re building. once the incentives disappear, they disappear too. another common request is to change the rules of the system. for example, people asking to be placed in the highest league to earn the extra APR without actually trading. besides being unfair, it breaks the economics. league rewards exist because active traders generate fees on the platform. if the people receiving that yield are not trading, there is no source of yield in the first place. the main cost of refusing deals is slower growth. it would definitely be easier to inflate metrics in the short term by making exceptions and distributing budgets. but if the goal is to build something that lasts, the rules have to be the same for everyone. Extended is not trying to grow as fast as possible. we are trying to build an exchange that traders continue using once incentives disappear, and that only happens if the system is fair and the economics actually make sense.

@rf_extended Expecting more.

@3xhuman looking quite clean depsite tons of informations

Real-time prediction market intelligence. AI analysis, quantitative models, whale tracking, order books, sector barometers, and AI trading agents. All built on live Polymarket data together with Elon's dedicated dashboard for tracking Musk's X posting activity vs Polymarket tweet-count brackets. Heatmaps, projections, bracket markets, AI analysis, Monte Carlo sims. If you want access coment below. Im looking for credible feedback and savvy beta testers.

@infinitybanyan 5 seconds of research would save you from writing this embarrassing tweet, but it looks like cheap clickbait is still in the game

he may be down 8 figures from trading on a platform with thin books but at least he saved $200 in trading fees

@2lambro Wondering if it is one of those that can make it all back with one god-tier trades

I wish I have the mental strength of machi for realz