Vision and Roadmap
Introduction to Extended
Extended is a self-custody exchange with on-chain trade settlement and complete transparency, dedicated to delivering the ultimate trading experience that rivals CEXs—a commitment deeply embedded in the company's name.
At launch, users will be able to trade perpetual contracts across 30+ markets with USDC as collateral and up to 50x leverage. In the long term, Extended aims to evolve into a full-fledged exchange matching the product offering of best-in-class centralized exchanges.
Principles Behind Extended
Safety and Transparency
Self-Custody: Users retain full custody and control over their funds on Extended. Exchange does not have access to user funds.
On-Chain Settlement and Validations: Trades are settled on the blockchain with embedded smart contract validations of the trading logic that prevent fraudulent or incorrect transactions.
Independent Oracle Price Providers: Extended relies on mark prices obtained from independent oracle providers to prevent potential price manipulations and ensure fair valuation of positions.
Enhanced Trading Experience
Remarkable Performance: Extended offers unparalled execution speed with latency <10ms, high throughput and instant trade finality, rivaling centralized exchanges.
Advanced Trading Features: Offering a trading experience matching top centralized exchanges, Extended supports multiple trading sub-accounts, partial liquidation logic, and a variety of order types.
Premier UX
CeFi-Like Experience: Extended integrates the best elements from leading centralized exchanges, allowing for layout customization and providing advanced market and portfolio analytics.
Seamless Onboarding (being built): Secure one-click wallet creation, extensive on/off-ramping options, and an upcoming mobile and Telegram apps to enhance user convenience.
Low Fees, Rebates
Fees and Rebates: Extended offers fees and rebates comparable to leading centralized exchanges (see Extended Fees and Rebates here).
Product Roadmap
Extended has an ambition to become a full-fledged self-custody exchange matching product portfolio and trading experience of best-in-class centralized exchanges, while enforcing self-custody, on-chain trade settlement, and complete transparency.
Currently, Extended features perpetual contracts on crypto assets, but we aim to introduce the following products in the near term:
Perpetual contracts on TradFi assets (e.g., EUR/USD perpetual);
Cross-collateral unified margin;
Money markets;
Spot trading;
Vaults.
We are also working on introducing a responsive design for tablets and developing a mobile app. For more details on our product and vision, please read the blog Extended Vision.
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