The Extended DEX product has launched on the Starknet mainnet

According to reports from Hashi Chain, the decentralized perpetual contract exchange Extended, built by the former Revolut team, has successfully launched on the Ethereum Layer 2 network Starknet mainnet. The platform supports 50 trading pairs with a maximum leverage of 100x. Extended previously operated on StarkWare's StarkEx, achieving an average daily trading volume of $319 million, with an annualized return of approximately 70% over the last 30 days. The project has successfully completed a $6.5 million funding round, with investors including Tioga Capital, Semantic Ventures, and StarkWare. Extended plans to migrate to Starknet in three phases, with the first two weeks running both the old and new versions in parallel, followed by a gradual shutdown of the old version. However, the platform is not open to users in the United States.