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Starknet Mainnet welcomes the launch of the derivation DEX Extended.
PANews, August 12 - According to The Block, the decentralized perpetual futures trading exchange Extended, developed by the former Revolut team, has launched on the Ethereum Layer 2 network Starknet mainnet, supporting over 50 trading pairs and up to 100 times leverage. Extended previously operated on StarkWare's StarkEx, with a cumulative average daily trading volume reaching $319 million and an annual percentage rate of approximately 70% over the past 30 days. The project has completed $6.5 million in financing, with investors including Tioga Capital, Semantic Ventures, and StarkWare. Extended will migrate to Starknet in three phases, with the new and old versions running in parallel for the first two weeks, followed by the gradual shutdown of the old version. Users in the United States cannot access this platform.