> For the complete documentation index, see [llms.txt](https://docs.extended.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.extended.exchange/extended-resources/xten/tokenomics.md).

# Tokenomics

Marketing communication. XTEN may lose all value, be illiquid or non-transferable. Restrictions apply. See XTEN White Paper, Terms, Risk Statement & Restricted Regions.

#### Key figures <a href="#key-figures" id="key-figures"></a>

|                      |                                               |
| -------------------- | --------------------------------------------- |
| Max supply           | 1,000,000,000 XTEN, minted at genesis         |
| Inflation            | None.                                         |
| Community allocation | 300,000,000 XTEN (30%), fully unlocked at TGE |
| Free float at TGE    | Up to 30% (the claimed Community allocation)  |
| Unlocked at TGE      | Approximately 32.9%                           |
| Network              | Arc, with native CCTP support                 |

#### Allocation <a href="#allocation" id="allocation"></a>

<figure><img src="https://3693216602-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FThTVaNuyiBCaumOB7kqP%2Fuploads%2FBABTqxRQOg68kHNZdWjT%2FSlide%201%20-%20V2-%D1%81ommunity-emphasize.png?alt=media&amp;token=73f239b2-8c47-443b-80b9-eb08820649c9" alt=""><figcaption></figcaption></figure>

**Community: 300,000,000 XTEN.** Allocated to eligible participants in the Extended Points programme and fully unlocked at TGE. See Airdrop Distribution.

Of the 300,000,000, 17,384,355 XTEN is attributable to Points earned by Extended's internal market-making desk, run by X10 Ltd., the Extended group entity that operates the exchange, using capital lent by the third-party providers described below. In Extended's early days, before third-party liquidity providers were active, the desk made markets to keep spreads as tight as possible on the order book. Its mandate was liquidity, not profit. It traded between December 2024 and April 2026 and earned Points under the same programme rules as every other participant. Once Extended's markets became sufficiently liquid and competitive, it was wound down. These tokens are owned by X10 Ltd., and none were retained by the desk or its lenders. Some are expected to be used to support liquidity for XTEN, with the mechanics disclosed before deployment. The remainder will be transferred to the Ecosystem Fund.

**Emissions Reserve: 150,000,000 XTEN.** The sole source of staking rewards. It is released from the genesis supply and is never replenished. Once it is spent, emissions stop. See Staking.

**Ecosystem Fund: 50,000,000 XTEN.** Split in two:

* 21,410,714 XTEN is reserved under existing arrangements and is subject to the investor lockup. Of this, 11,125,000 XTEN is allocated to third-party capital providers who lent funds to Extended's internal market-making desk, described above. They receive XTEN under the investor schedule rather than Points. The remaining 10,285,714 XTEN is allocated to Alber Blanc, who helped design and support initial liquidity on Extended's RFQ markets.
* 28,589,286 XTEN is unallocated and unlocked. It is reserved for incentives, partnerships, grants and ecosystem development, and held in a public wallet, with any deployment announced in advance. Any Community allocation not validly accepted by the close of the signing window will be added to the Ecosystem Fund.

**Founders, Team and Investors: 500,000,000 XTEN.** No founder, team or investor tokens unlock before month 12 after TGE.

* Founders and Team: 12-month cliff, then 36 equal monthly instalments from month 13 to month 48.
* Investors: 25% unlocks at month 12. The remaining 75% vests in equal monthly instalments to month 48.

#### Supply at TGE <a href="#supply-at-tge" id="supply-at-tge"></a>

<figure><img src="https://3693216602-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FThTVaNuyiBCaumOB7kqP%2Fuploads%2FfRi77OzvgVdUmMOLxMj3%2FSlide%202.png?alt=media&amp;token=b4798985-3dd5-40e2-8bf1-03ddb3097dfb" alt=""><figcaption></figcaption></figure>

The 300,000,000 XTEN Community allocation and the 28,589,286 XTEN unallocated Ecosystem Fund are unlocked at TGE, approximately 32.9% of max supply. Free float at TGE comprises only the claimed Community allocation, up to 300,000,000 XTEN or 30% of supply.

#### Supply dynamics <a href="#supply-dynamics" id="supply-dynamics"></a>

Total supply can only decrease. XTEN paid as trading fees may be burned, and Extended group entities may buy XTEN on the open market, for operational purposes or for treasury and supply-management purposes, including for burning where authorised. See [Burn and Buybacks](/extended-resources/xten/burn-and-buybacks.md).

*Regulatory Information*

*The offeror of XTEN is Extended Ecosystem Limited, whose contact details are as follows: <legal@extended.exchange> | +1 284 394 4030.*

*The XTEN crypto-asset white paper and information about the offeror are available* [*here*](/extended-resources/xten/issuer-and-platform.md)*.*

*This crypto-asset marketing communication has not been reviewed or approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset marketing communication.*