PANews August 12 news, according to The Block, the decentralized perpetual contract exchange Extended, built by the former Revolut team, has launched on the Ethereum Layer 2 network Starknet mainnet, supporting over 50 trading pairs and up to 100x leverage. Extended previously operated on StarkWare's StarkEx, with an average daily trading volume of $319 million, and an annualized return of approximately 70% over the past 30 days. The project has completed a $6.5 million financing round, with investors including Tioga Capital, Semantic Ventures, StarkWare, and others. Extended will 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. Users in the United States cannot access the platform.