Task Description

Extended, a perpetual trading platform built by former Revolut developers, has opened its first points season. Extended supports perpetual contracts on both cryptocurrencies and traditional finance assets, offering leverage up to 100x with USDC as collateral. The points initiative encourages traders, liquidity providers, and referrers to stay active while the platform builds toward a broader margin system.

Beyond Standard Perps

Extended has outlined a roadmap that moves beyond perpetual contracts. The plan introduces a unified margin system that incorporates perps, spot markets, and lending within one framework. In the first stage, the platform launched a lending and borrowing market. Traders can post supported assets, including yield-bearing tokens, as collateral and continue to earn yield.

- Advertisement -

For instance, a deposit of wstETH can still generate staking rewards while backing USDC-settled leveraged trades. Future updates aim to add spot markets, linking trading, borrowing, and lending under one margin structure. Extended has also started collaborations with wallet providers to integrate perpetual trading into mobile applications, similar to the way token swaps appear today.

Extended Airdrop Points Program Season 1

Season 1 of the Extended Airdrop Points Program started on April 29, 2025. Each Tuesday at 00:00 UTC, the platform distributes up to 1.2 million points. Participants can earn points in three ways:

- Advertisement -
  • Trading: Gain points in proportion to trading volume.

  • Liquidity Provision: Earn points by depositing into the vault or supplying liquidity.

  • Referrals: Bring in new traders and collect a share of their points, with affiliates receiving higher rewards.

The project updates criteria when needed, so participants must monitor announcements to stay current.

How to Join the Extended Airdrop Points Program

1. Go to the Extended platform, connect a Web3 wallet, and create an account.

2. Deposit USDC on Arbitrum for lower fees.

3. Start trading. Higher volumes generate more points.

- Advertisement -

4. Add liquidity to the vault for additional rewards and yields above 20%. The team periodically increases vault capacity.

5. Track progress in the Points tab.

6. After reaching $10K in trading volume, generate a referral link and earn 10% from invited users.

Expansion to Starknet

The Extended Airdrop has not received official confirmation. Some community members view the points program as a possible basis for future rewards, since its structure resembles other perpetual DEX campaigns that link tokens to user engagement.

Extended also launched on Starknet, alongside its existing StarkEx deployment. Traders on StarkEx can migrate to Starknet at any time. During Epochs 16 and 17, the project doubled the weekly pool to 2.4 million points for Starknet participants.

FAQs

Is the Extended Airdrop confirmed?
No. The points program currently drives engagement, but a token airdrop has not been announced.

How often are points distributed?
The platform distributes points weekly, every Tuesday at 00:00 UTC.

What activities earn points?
Trading, liquidity provision, and referrals.

Can users join if the vault is full?
Yes. They can still trade and refer while waiting for vault capacity to increase.

Should participants trade on Starknet or Arbitrum?
Both are available. Starknet carries the live points program, while Arbitrum provides lower transaction costs.

How do referrals work?
After hitting $10K in trading volume, users unlock a referral link and collect 10% from the points their referees generate.