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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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DEX by a former top manager of Revolut launched in the mainnet Starknet
The decentralized perpetual futures exchange Extended ( previously X10) has launched on the mainnet of Starknet. The developers have migrated the project from the StarkEx platform.
Extended allows trading assets from cryptocurrency and traditional markets with leverage up to 100x.
The project is led by former head of crypto operations at Revolut, Ruslan Fakhrutdinov.
Transitioning to Starknet will enable interaction with other DeFi projects in the ecosystem. All transactions are conducted using zk-STARK technology, making transactions fast and inexpensive.
The platform supports EVM-compatible wallets like MetaMask and WalletConnect, as well as native Starknet solutions. The team is working on creating bridges for direct account funding from other networks.
Users have access to more than 50 perpetual contract markets. In the future, the developers plan to add unified margin logic, integrated crypto-lending markets, and spot trading. The platform will support collateral assets that are not stablecoins, including yield-generating ones. Another innovation is on-chain vaults with strategies for Bitcoin.
The launch of Extended highlights the capabilities of Starknet as an L2 solution for DeFi applications. The project demonstrates that scalable protocols can be built without compromising decentralization and security.
Extended products are not available for users from the USA.
Last year, Extended raised $6.5 million. Investors included Tioga Capital, Semantic Ventures, StarkWare, Cyber Fund, top managers of Revolut, and co-founder of Lido Konstantin Lomashuk.
Recall that in March, the StarkWare team, the developer of the second-layer Ethereum network Starknet, launched Stark Two (S-two) — a tool for verifying ZK proofs on phones, laptops, and other everyday devices.