# Table of Contents

- [Vision and Roadmap | Extended Documentation](#vision-and-roadmap-extended-documentation)
- [Technical Architecture | Extended Documentation](#technical-architecture-extended-documentation)
- [Team | Extended Documentation](#team-extended-documentation)
- [Trading | Extended Documentation](#trading-extended-documentation)
- [Trading Accounts and Margin | Extended Documentation](#trading-accounts-and-margin-extended-documentation)
- [Account Operations | Extended Documentation](#account-operations-extended-documentation)
- [Liquidation Logic | Extended Documentation](#liquidation-logic-extended-documentation)
- [Funding Payments | Extended Documentation](#funding-payments-extended-documentation)
- [Trading Fees and Rebates | Extended Documentation](#trading-fees-and-rebates-extended-documentation)
- [Oracle Prices | Extended Documentation](#oracle-prices-extended-documentation)
- [Builder Codes | Extended Documentation](#builder-codes-extended-documentation)
- [Order Types | Extended Documentation](#order-types-extended-documentation)
- [Referrals and Affiliates | Extended Documentation](#referrals-and-affiliates-extended-documentation)
- [Order Cost | Extended Documentation](#order-cost-extended-documentation)
- [Points | Extended Documentation](#points-extended-documentation)
- [Account Creation | Extended Documentation](#account-creation-extended-documentation)
- [Trading Rules | Extended Documentation](#trading-rules-extended-documentation)
- [Deposits and Withdrawals | Extended Documentation](#deposits-and-withdrawals-extended-documentation)
- [TradFi Markets | Extended Documentation](#tradfi-markets-extended-documentation)
- [Vault | Extended Documentation](#vault-extended-documentation)
- [Margin Schedule | Extended Documentation](#margin-schedule-extended-documentation)
- [More | Extended Documentation](#more-extended-documentation)
- [Statement of Risk | Extended Documentation](#statement-of-risk-extended-documentation)
- [Testnet | Extended Documentation](#testnet-extended-documentation)
- [Extended x Pacifica Trading Competition | Extended Documentation](#extended-x-pacifica-trading-competition-extended-documentation)
- [Leaderboard | Extended Documentation](#leaderboard-extended-documentation)
- [Legal | Extended Documentation](#legal-extended-documentation)
- [Troubleshooting Guide | Extended Documentation](#troubleshooting-guide-extended-documentation)
- [Testers Program | Extended Documentation](#testers-program-extended-documentation)
- [Trading | Extended Documentation](#trading-extended-documentation)
- [Restricted Countries | Extended Documentation](#restricted-countries-extended-documentation)
- [Smart Contract Audits | Extended Documentation](#smart-contract-audits-extended-documentation)
- [Migration Guide | Extended Documentation](#migration-guide-extended-documentation)
- [Brand Kit | Extended Documentation](#brand-kit-extended-documentation)
- [Privacy Policy | Extended Documentation](#privacy-policy-extended-documentation)
- [Rationale & Vision | Extended Documentation](#rationale-vision-extended-documentation)
- [Deposits & Withdrawals | Extended Documentation](#deposits-withdrawals-extended-documentation)
- [Smart Contract Audits | Extended Documentation](#smart-contract-audits-extended-documentation)
- [Platform Outage | Extended Documentation](#platform-outage-extended-documentation)
- [Bounty program | Extended Documentation](#bounty-program-extended-documentation)
- [Terms of Use | Extended Documentation](#terms-of-use-extended-documentation)
- [TradFi Markets | Extended Documentation](#tradfi-markets-extended-documentation)
- [Margin Schedule | Extended Documentation](#margin-schedule-extended-documentation)
- [Trading Rules | Extended Documentation](#trading-rules-extended-documentation)
- [Email Protection | Cloudflare](#email-protection-cloudflare)

---

# Vision and Roadmap | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/#introduction-to-extended)

Introduction to Extended

Extended is a perp DEX, built by an ex-Revolut team. As of now, Extended offers perpetual contracts on both crypto and TradFi assets, with USDC as collateral and leverage of up to 100x.

Looking ahead, we are working on a vision to enable open unified margin logic and native integrations into major mobile wallets.

### 

[hashtag](https://docs.extended.exchange/#what-sets-extended-apart)

What sets Extended apart

Extended is building beyond perps, with a unique product vision centered around unified margin. The goal is to create a full-suite trading experience — combining perps, spot, and integrated lending markets under one margin system.

The first phase of this product vision focuses on **integrating a native lending and borrowing market into Extended.** This will allow users to post any supported asset — including yield-bearing ones — as collateral and earn additional yield through the integrated lending layer.

For example, if a user deposits wstETH as collateral and incurs a negative PnL while trading USDC-settled perpetuals, this effectively means borrowing USDC — with interest paid to USDC lenders.

Once the native lending market is in place, we will **add spot markets to Extended's offering** — expanding toward a cross-asset collateral unified margin with integrated perpetuals, lending, and spot trading.

Besides expanding its product offering, Extended is actively working on native integrations with wallets to make perpetuals available directly within wallet interfaces—similar to how swaps are currently integrated. This approach aims to unlock access to a new base of retail users.

### 

[hashtag](https://docs.extended.exchange/#longer-term-vision)

**Longer-term Vision**

Unified margin will initially serve as a core internal product, designed to meet the needs of traders by enabling multi-asset collateral support and delivering one of the most capital-efficient trading systems in the market. However, the long-term vision for Extended goes far beyond that.

Following Hyperliquid’s success, many perpetual DEXs are now following the playbook of launching perps and then building a general-purpose chain — but Extended is taking a different path. We’ll be sharing more details soon, but briefly, the ambition is to build an **EVM-compatible network on top of Starknet, where unified margin logic is embedded directly into the base layer and exposed as an ERC-20 token accessible to all applications on the network**.

![](https://docs.extended.exchange/~gitbook/image?url=https%3A%2F%2F3693216602-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FThTVaNuyiBCaumOB7kqP%252Fuploads%252FqHlyizdP9aXKq8yuQRiI%252F43293027-1e1e-4f53-8189-2bb75ab5a256.png%3Falt%3Dmedia%26token%3D0f74af17-69d4-4c8a-8e33-1f4eecc53dc0&width=768&dpr=4&quality=100&sign=54bcc858&sv=2)

This means that core functions — such as margining with native, network-wide borrowing and lending, and liquidation — will be handled by the network itself rather than by individual applications.

The Extended network, with global unified margin at its core, will allow **all applications within the network to access users’ available margin and share unified liquidity** — reinforcing overall liquidity depth. From the user’s perspective, **all activity will contribute to a single global margin account** shared across applications, allowing them to manage one account instead of multiple app-specific ones and maximize capital efficiency by using the same margin across dApps.

The security and fairness of the network will be ensured by independent validators who execute the core business logic of the unified margin, validate transactions, and handle sequencing. The application state machines run by validators will be open-sourced and optimized for financial applications, with latency under 100 ms.

### 

[hashtag](https://docs.extended.exchange/#roadmap)

Roadmap

We are following a three-step roadmap — evolving from a Perp DEX into a full Open Financial Ecosystem powered by Native Unified Margin.

![](https://docs.extended.exchange/~gitbook/image?url=https%3A%2F%2F3693216602-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FThTVaNuyiBCaumOB7kqP%252Fuploads%252FwTw7QUvFAoEnE5XAIngU%252Fextended-roadmap.b0889fd8.svg%3Falt%3Dmedia%26token%3D37fa88e9-fad0-4203-a353-21f8860d2e2b&width=768&dpr=4&quality=100&sign=5243823d&sv=2)

### 

[hashtag](https://docs.extended.exchange/#progress-so-far)

Progress so far

![](https://docs.extended.exchange/~gitbook/image?url=https%3A%2F%2F3693216602-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FThTVaNuyiBCaumOB7kqP%252Fuploads%252Fqa72XQir24OEMpsY78cm%252F81561224-35dc-48f7-ab2d-04b0646d770d.jpeg%3Falt%3Dmedia%26token%3D78b7e3cc-2f19-4d4d-8599-ab964a5fd0b9&width=768&dpr=4&quality=100&sign=a257e176&sv=2)

[NextTechnical Architecturechevron-right](https://docs.extended.exchange/about-extended/technical-architecture)

Last updated 4 months ago

*   [Introduction to Extended](https://docs.extended.exchange/#introduction-to-extended)
    
*   [What sets Extended apart](https://docs.extended.exchange/#what-sets-extended-apart)
    
*   [Longer-term Vision](https://docs.extended.exchange/#longer-term-vision)
    
*   [Roadmap](https://docs.extended.exchange/#roadmap)
    
*   [Progress so far](https://docs.extended.exchange/#progress-so-far)
    

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# Technical Architecture | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/about-extended/technical-architecture#overview-of-extended-architecture)

Overview of Extended Architecture

Extended operates as a hybrid Central Limit Order Book (CLOB) exchange. While order processing, matching, position risk assessment, and transaction sequencing are handled off-chain, transaction validation and trade settlement occur on-chain via Starknet.

![](https://docs.extended.exchange/~gitbook/image?url=https%3A%2F%2F3693216602-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FThTVaNuyiBCaumOB7kqP%252Fuploads%252FbpCzsUqcF1Hhvte7o8T4%252Farchitecture.7f5cc42b.svg%3Falt%3Dmedia%26token%3D13b07f06-b8f7-4eb1-a9d2-73c2fb8933f3&width=768&dpr=4&quality=100&sign=a4e5ed7c&sv=2)

Extended is designed to operate in a completely trustless manner, enabled by two core principles:

*   Users retain self-custody of their funds, with all assets held in smart contracts on Starknet. This means Extended has no custodial access to user assets under any circumstances.
    
*   On-chain validation of the trading logic ensures that fraudulent or incorrect transactions, including liquidations that are contrary to the on-chain rules, are never permitted.
    

All transactions that happen on Extended are settled on Starknet. While Starknet does not rely on Ethereum Layer 1 for every individual transaction, it inherits Ethereum’s security by publishing zero-knowledge proofs every few hours. These proofs validate state transitions on Starknet, ensuring the integrity and correctness of the entire system.

For a deeper breakdown of the core principles that make Extended trustless, see [our blog postarrow-up-right](https://extended.exchange/blog/why-safe)
.

### 

[hashtag](https://docs.extended.exchange/about-extended/technical-architecture#benefits-of-extended-hybrid-model)

Benefits of Extended Hybrid Model

The decision to adopt a hybrid model for Extended is a strategic design choice aiming to overcome the limitations of both fully centralized and decentralized on-chain order book models:

*   Challenges with Centralized Exchanges: Traditional centralized exchanges pose risks due to custodial control over user funds, lack of real-time transparency, and susceptibility to trading manipulation.
    
*   Challenges with On-chain Order Books: On-chain order books face issues like the risk of front-running and inherent latency from blockchain transaction validation by multiple parties. Fully decentralized exchanges struggle to match the performance of centralized exchanges, which is crucial for liquidity and reliability.
    

Extended's hybrid model leverages the strengths of both centralized and decentralized components:

*   On-chain Settlement with Validations and Oracle Prices: Extended settles each trade on the blockchain and on-chain validations of trading logic ensure the prevention of fraudulent or incorrect transactions. Additionally, mark prices sourced from multiple independent oracle providers mitigate the risk of price manipulation.
    
*   Off-chain Trading Infrastructure: Off-chain order matching and risk engines, combined with a unique settlement architecture, deliver remarkable performance in terms of throughput, end-to-end latency, and trade settlement. This performance is comparable to centralized exchanges and superior to other hybrid exchanges or decentralized exchanges (DEXs).
    

![](https://docs.extended.exchange/~gitbook/image?url=https%3A%2F%2F3693216602-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FThTVaNuyiBCaumOB7kqP%252Fuploads%252FwF27Z9dK5x2T1eIZqeHW%252FLatency%2520-%2520Detailed%25201228x690.png%3Falt%3Dmedia%26token%3D328aed21-2ffa-4873-b061-51ca87644759&width=768&dpr=4&quality=100&sign=56f024cb&sv=2)

Latency benchmarks

### 

[hashtag](https://docs.extended.exchange/about-extended/technical-architecture#rationale-for-using-starknet-as-a-settlement-layer)

**Rationale for Using Starknet as a Settlement Layer**

When selecting the optimal settlement layer for Extended, we focused on four key criteria:

*   **Security**: Starknet stands out as one of the most secure Layer 2 solutions. Recognized as a Stage 1 rollup, it meets critical decentralization and security requirements — as [highlighted by Vitalik Buterinarrow-up-right](https://x.com/VitalikButerin/status/1923988377474330775)
    .
    
*   **Performance**: With [~2 seconds transaction confirmation timearrow-up-right](https://www.starknet.io/blog/bolt-version-upgrade/)
     and an [average cost user operation as low as $0.000057arrow-up-right](https://www.starknet.io/blog/march-2025-roundup/)
    , Starknet is currently among the most cost-efficient rollups on Ethereum — enabling high throughput at a low cost essential for processing tens of thousands of trades.
    
*   **Longevity**: StarkWare, the inventors of STARKs and the team behind Starknet, has been building cryptographic infrastructure for over seven years. Through multiple market cycles, they’ve demonstrated technical resilience and strategic continuity.
    
*   **Vision Alignment**: Starknet's ambition to become [the first Layer 2 to settle on both Bitcoin and Ethereumarrow-up-right](https://www.starknet.io/blog/starknet-bitcoin-scaling/)
     aligns with Extended's roadmap to build a global unified margin. This will enable Extended to natively support BTC and its yield-bearing wrappers as collateral, marking a significant step toward broader capital efficiency and deeper liquidity.
    

For more details on Extended Technical Architecture and Safety, please read our blog posts: '[Extended Architecturearrow-up-right](https://extended.exchange/blog/extended-architecture)
' and '[Why Safe?arrow-up-right](https://extended.exchange/blog/why-safe)
'.

[PreviousVision and Roadmapchevron-left](https://docs.extended.exchange/)
[NextTeamchevron-right](https://docs.extended.exchange/about-extended/team)

Last updated 5 months ago

*   [Overview of Extended Architecture](https://docs.extended.exchange/about-extended/technical-architecture#overview-of-extended-architecture)
    
*   [Benefits of Extended Hybrid Model](https://docs.extended.exchange/about-extended/technical-architecture#benefits-of-extended-hybrid-model)
    
*   [Rationale for Using Starknet as a Settlement Layer](https://docs.extended.exchange/about-extended/technical-architecture#rationale-for-using-starknet-as-a-settlement-layer)
    

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# Team | Extended Documentation

We are an ex-Revolut team with hands-on experience in launching fintech products for millions of retail users. Our engineering team brings extensive experience in building high-performance trading infrastructure for both traditional finance and centralized crypto exchanges.

The founding team behind Extended includes:

*   [@rf\_extendedarrow-up-right](https://x.com/rf_extended)
    , CEO: Former Head of Crypto Operations at Revolut, ex-McKinsey.
    
*   [@dk\_extendedarrow-up-right](https://x.com/dk_extended)
    , CTO: Architect of 4 crypto exchanges, including recently launched Revolut Crypto Exchange.
    
*   [@spooky\_x10arrow-up-right](https://twitter.com/spooky_x10)
    , CBO: Former Lead Engineer at Revolut Crypto and one of the major contributors behind Corda blockchain.
    

Our journey as a team began at Revolut, where we saw millions of retail users enter crypto during the last bull run, but also noticed a lack of high-quality products beyond the top exchanges and an overall suboptimal DeFi experience. The collapse of FTX made it clear that change was needed.

We founded Extended driven by the ambition to match centralized exchanges in latency, throughput, and features — while staying true to the principles of self-custody and transparency. Starting with perpetuals, we plan to gradually expand our product offering to parallel leading CEXs and make DeFi trading more accessible and usable for everyday retail users.

[PreviousTechnical Architecturechevron-left](https://docs.extended.exchange/about-extended/technical-architecture)
[NextTradingchevron-right](https://docs.extended.exchange/extended-resources/trading)

Last updated 5 months ago

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# Trading | Extended Documentation

[Trading Accounts and Marginchevron-right](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin)
[Trading Ruleschevron-right](https://docs.extended.exchange/extended-resources/trading/trading-rules)
[Margin Schedulechevron-right](https://docs.extended.exchange/extended-resources/trading/margin-schedule)
[Order Costchevron-right](https://docs.extended.exchange/extended-resources/trading/order-cost)
[Order Typeschevron-right](https://docs.extended.exchange/extended-resources/trading/order-types)
[Trading Fees and Rebateschevron-right](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates)
[Liquidation Logicchevron-right](https://docs.extended.exchange/extended-resources/trading/liquidation-logic)
[Funding Paymentschevron-right](https://docs.extended.exchange/extended-resources/trading/funding-payments)
[Oracle Priceschevron-right](https://docs.extended.exchange/extended-resources/trading/oracle-prices)
[TradFi Marketschevron-right](https://docs.extended.exchange/extended-resources/trading/tradfi-markets)

[PreviousTeamchevron-left](https://docs.extended.exchange/about-extended/team)
[NextTrading Accounts and Marginchevron-right](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin)

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# Trading Accounts and Margin | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#collateral)

Collateral

Extended supports USDC and [XVS (Extended Vault Shares)](https://docs.extended.exchange/extended-resources/vault)
 as collateral. Note that:

*   USDC has a 100% contribution to Equity (1 USDC = 1 USD in Equity).
    
*   XVS has a 75% contribution to Equity (1 USD worth of XVS = 0.75 USD in Equity).
    

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#margin-mode-and-trading-accounts)

Margin Mode and Trading Accounts

By default, our platform enables cross-margin, allowing collateral to be shared among all positions within a single trading account. Alternatively, users can opt for isolated margin by creating separate trading accounts under the same wallet.

Users can create up to 10 trading accounts with independent margin per single wallet. The liquidation of one trading account does not impact the liquidation of other trading accounts created under the same wallet.

Users have the ability to transfer their Available Balance for Withdrawals (defined below) between trading accounts without any fees. However, it's important to note that these transfers can impact the margin ratio and the liquidation of the involved individual accounts.

For detailed information on the liquidation process, please refer to the [Liquidation Logic](https://docs.extended.exchange/extended-resources/trading/liquidation-logic)
 section.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#account-balances)

Account Balances

Every trading account has the following balances:

**Equity = Wallet Balance + Unrealised PnL**, where:

*   Wallet Balance = Deposits - Withdrawals + Realised PnL.
    
*   Unrealised PnL = Position Size \* (Mark Price - Entry Price).
    

**Available Balance for Trading = Equity - Initial Margin Requirement**, where:

*   Initial Margin Requirement for a given market = Max(Abs(Position Value + Value of Buy Orders), Abs(Position Value + Value of Sell Orders))\*1 / Leverage.
    
*   The Initial Margin for Conditional Orders is not deducted from the Available Balance for Trading until the Trigger Price is reached, and the order is placed in the Order Book.
    
*   If the Available Balance for Trading becomes less than 0, all open orders except for reduce-only orders are canceled. Additionally, as long as the Available Balance is less than 0, the user can only place orders that reduce the size of existing positions.
    

**Available Balance for Withdrawals = Wallet Balance + min(0,Unrealised PnL) - Initial Margin Requirement**

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#hedge-mode)

Hedge Mode

Currently, our platform does not support hedge mode, which would allow users to simultaneously open long and short positions in the same market. However, users can create sub-accounts to emulate this behavior.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#self-trade-prevention)

Self-Trade Prevention

Self-Trade Prevention, which blocks the matching of two opposing orders from the same trading account, is enabled by default, resulting in the cancellation of the resting order.

[PreviousTradingchevron-left](https://docs.extended.exchange/extended-resources/trading)
[NextTrading Ruleschevron-right](https://docs.extended.exchange/extended-resources/trading/trading-rules)

Last updated 1 month ago

*   [Collateral](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#collateral)
    
*   [Margin Mode and Trading Accounts](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#margin-mode-and-trading-accounts)
    
*   [Account Balances](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#account-balances)
    
*   [Hedge Mode](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#hedge-mode)
    
*   [Self-Trade Prevention](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin#self-trade-prevention)
    

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# Account Operations | Extended Documentation

[Account Creationchevron-right](https://docs.extended.exchange/extended-resources/account-operations/account-creation)
[Deposits and Withdrawalschevron-right](https://docs.extended.exchange/extended-resources/account-operations/deposits-and-withdrawals)

[PreviousTradFi Marketschevron-left](https://docs.extended.exchange/extended-resources/trading/tradfi-markets)
[NextAccount Creationchevron-right](https://docs.extended.exchange/extended-resources/account-operations/account-creation)

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# Liquidation Logic | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#liquidation-criteria)

**Liquidation Criteria**

When a trading account's equity falls below the maintenance margin requirement, or when the Margin Ratio exceeds 100%, the account becomes subject to liquidation. The Margin Ratio is calculated as the sum of Maintenance Margin Requirements for all open positions divided by the Equity, multiplied by 100%, where:

*   Maintenance Margin Requirement for a single position = Abs (Position Size \* Mark Price) \* Maintenance Margin Rate
    
*   Equity = Wallet Balance + Unrealised PnL
    

Before liquidation occurs, Extended issues two margin calls: the first when the Margin Ratio exceeds 66%, and the second when it exceeds 80%. Margin calls don't impose any restrictions on the account but rather serve as reminders that the account is at risk of liquidation. To avoid liquidation, users should either top up their balance or reduce their positions.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#liquidation-process)

Liquidation Process

To safeguard users’ margin and minimize potential losses, Extended employs a partial liquidation process designed to avoid fully closing users’ positions whenever possible:

1.  The liquidation process begins with a partial liquidation of the user’s XVS balance. (Refer to the details of XVS liquidation [here](https://docs.extended.exchange/extended-resources/vault)
    .)
    
2.  If the account remains in liquidation after the XVS balance has been fully converted to USDC, the system identifies the perpetual position with the largest unrealised loss.
    
3.  Gradually liquidate this position using a maximum of five Fill or Kill orders, each comprising 20% of the position's original size (with a minimum order value of $1,000), executed at the position's Bankruptcy Price.
    
4.  If any of the partial liquidation orders fail, execute a single Fill or Kill order for the entire position size at a price 5% worse than the position's Bankruptcy Price.
    
5.  If, after liquidating the position with the largest Unrealised Loss, the account's Margin Ratio remains above 100%, proceed with the partial liquidation of the position with the second-largest Unrealised Loss.
    
6.  The liquidation process ceases once the account's Margin Ratio becomes ≤ 100%.
    

If a position is liquidated at a price better than the position's bankruptcy price, a 1% Liquidation Fee is earned by the insurance fund. However, if the position is liquidated at a price worse than the bankruptcy price, the insurance fund absorbs the losses.

In cases where the position cannot be liquidated at a price 5% worse than the bankruptcy price, or if the insurance fund is unable to cover the losses, the Auto Deleveraging (ADL) process is triggered.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#insurance-fund)

Insurance Fund

The Extended Vault serves as an insurance fund covering all pairs, but access to it — and the maximum absorbable loss per trade — depends on the specific market.

Group\*

Access to % of the Fund in given 24H

Max Loss by the Fund per Trade

1

15%

$100 k

2

15%

$50 k

3

15%

$50 k

4

10%

$25 k

5

5%

$15 k

EUR, XAU

15%

$50 k

SPX, NDX

10%

$25 k

_\*Refer to the section_ [_Margin Schedule_](https://docs.extended.exchange/extended-resources/trading/margin-schedule)
 _for grouping of crypto markets._

Remaining Insurance Fund Limit for a given market = Daily Insurance Fund Limit - Insurance Fund Loss on a given market during this day.

Besides market-level usage limits, the insurance fund is also subject to a global constraint: it cannot be depleted by more than 15% in a single day.

Daily Insurance Fund Limits are updates once a day at 00:00 UTC.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#auto-deleveraging-adl)

Auto Deleveraging (ADL)

If the account equity falls below zero and the position cannot be liquidated through the insurance fund, the Auto Deleveraging (ADL) process is initiated. During ADL, the liquidated position is closed against the most profitable trader with the highest leverage, as determined by the ADL ranking at the Bankruptcy Price of the Liquidated Position.

The ADL ranking is computed separately for long and short positions as follows:

For Profitable Position: ADL Ranking = PNL Percentage \* Position Margin Ratio,

For Loss Making Position: ADL Ranking = PNL Percentage / Position Margin Ratio, where:

*   PNL percentage = Unrealised Position PnL / Abs(Position Size \* Entry Price),
    
*   Position Margin Ratio = Abs (Position Size \* Mark Price) \* Maintenance Margin Rate / Max(Equity,1).
    

If a profitable user is selected for ADL in, their open orders in that market are canceled, while open orders for other markets remain unaffected. Trading and liquidation fees are not charged in ADL.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#liquidation-and-bankruptcy-prices)

Liquidation and Bankruptcy Prices

The Liquidation Price is the position's Mark price at which the account Margin Ratio exceeds 100%, indicating that the liquidation process should begin. It's important to note that the Liquidation Price serves as a reference number, and actual liquidation occurs only when the Margin Ratio exceeds 100%.

Liquidation Price of Position A = (Maintenance Margin of Other Positions - Wallet Balance - Unrealised PnL of Other Positions + Position A Size \* Position A Entry Price) / Position A Size, where:

*   Wallet Balance = Deposits - Withdrawals + Realised PnL,
    
*   Unrealised PnL of a Single Position = Position Size \* (Mark Price - Entry Price),
    
*   Position Size is positive for Long Positions and negative for Short Positions.
    

The Bankruptcy Price is the price at which liquidation orders are submitted, and the Auto Deleveraging (ADL) is performed. Bankruptcy Price represents the position's price at which the account Margin Ratio, in the event of position liquidation at this price, remains unchanged.

Bankruptcy Price of Position A = (Maintenance Margin of Other Positions / Margin Ratio - Wallet Balance - Unrealised PnL of Other Positions + Position A Size \* Position A Entry Price) / Position A Size

[PreviousTrading Fees and Rebateschevron-left](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates)
[NextFunding Paymentschevron-right](https://docs.extended.exchange/extended-resources/trading/funding-payments)

Last updated 1 month ago

*   [Liquidation Criteria](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#liquidation-criteria)
    
*   [Liquidation Process](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#liquidation-process)
    
*   [Insurance Fund](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#insurance-fund)
    
*   [Auto Deleveraging (ADL)](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#auto-deleveraging-adl)
    
*   [Liquidation and Bankruptcy Prices](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#liquidation-and-bankruptcy-prices)
    

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# Funding Payments | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/funding-payments#overview)

Overview

Funding payments are recurring fees exchanged between counterparties of the perpetual contract (from long positions to short positions and vice versa), ensuring the perpetual's price remains aligned with the underlying spot price of the asset. In practice:

*   If the perpetual price exceeds the spot price, long positions pay funding fees to short positions.
    
*   If the perpetual price is lower than the spot price, short positions pay funding fees to long positions.
    

The size of the funding payment is determined by the difference between the perpetual and spot prices, as well as the duration over which this difference is realized.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/funding-payments#funding-payments-on-extended)

Funding Payments on Extended

At Extended, funding payments are charged every hour and are applied to all users with open positions at that time. If a user closes their position before the funding fee is charged, it is not applied.

**Funding Payment = Position Size \* Mark Price \* (-Funding Rate)**, which implies that:

*   If the funding rate is positive, long positions pay to short positions.
    
*   If the funding rate is negative, short positions pay to long positions.
    

**Funding Rate = (Average Premium + clamp(Interest Rate - Average Premium, 0.05%, -0.05%)) / 8**, which implies that:

*   While funding payments are applied hourly, the funding rate realization period is 8 hours.
    
*   The interest rate component is set at 0.01% per 8 hours for consistency with CEXs. It represents the difference between the cost of borrowing USD and the cost of borrowing the underlying crypto asset.
    
*   The size of the hourly Funding Rate is capped as per the table below.
    

**Average Premium = (1\*Premium Index\_1 + ··· + N\*Premium Index\_N) / (1+···+N)**, where:

*   Premium Index is calculated every 5 seconds and therefore 'N' is equal to 720.
    
*   Premium Index = (Max(0, Impact Bid - Index Price) - Max(0, Index Price - Impact Ask)) / Index Price.
    
*   Impact Bid / Ask refers to the average fill price to execute the Impact Notional on the Bid / Ask side.
    
*   Impact Notional for different groups of markets is described below.
    

**Funding Rate Caps and Impact Notional Values across groups of markets.**

Group\*

Rate Cap per hour

Impact Notional

1

1%

$10,000

2

2%

$5,000

3

3%

$2,500

4

3%

$2,500

5

3%

$2,500

_\*Refer to the section_ [_Margin Schedule_](https://docs.extended.exchange/extended-resources/trading/margin-schedule)
 _for grouping of markets._

[PreviousLiquidation Logicchevron-left](https://docs.extended.exchange/extended-resources/trading/liquidation-logic)
[NextOracle Priceschevron-right](https://docs.extended.exchange/extended-resources/trading/oracle-prices)

Last updated 6 months ago

*   [Overview](https://docs.extended.exchange/extended-resources/trading/funding-payments#overview)
    
*   [Funding Payments on Extended](https://docs.extended.exchange/extended-resources/trading/funding-payments#funding-payments-on-extended)
    

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# Trading Fees and Rebates | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates#trading-fees)

Trading Fees

Currently, Extended features a flat fee structure:

*   Taker: 0.025%
    
*   Maker: 0.000%
    

The team reserves the right to update the fee schedule going forward.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates#makers-rebates)

Makers Rebates

Eligible makers whose share of the total maker volume on the exchange over the past 30 days meets the following thresholds will automatically receive a fee rebate on their maker volume:

*   0.002% rebate if market share ≥ 0.5%
    
*   0.004% rebate if market share ≥ 1%
    
*   0.008% rebate if market share ≥ 2.5%
    
*   0.013% rebate if market share ≥ 5%
    

Terms:

1.  Formal enrollment is not required; rebates are automatically accrued for all eligible makers.
    
2.  Rebates are disbursed daily at 00:00 UTC for the preceding 24 hours to the Extended accounts of qualifying market makers, determined by their share of the total maker volume on the exchange over the last 30 days.
    
3.  Please note that a rebate will be paid only if the rebate accrued for the last 24 hours is $10 or greater.
    

For inquiries regarding Maker Rebates, please reach out to us at [\[email protected\]](https://docs.extended.exchange/cdn-cgi/l/email-protection)
.

[PreviousOrder Typeschevron-left](https://docs.extended.exchange/extended-resources/trading/order-types)
[NextLiquidation Logicchevron-right](https://docs.extended.exchange/extended-resources/trading/liquidation-logic)

Last updated 13 days ago

*   [Trading Fees](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates#trading-fees)
    
*   [Makers Rebates](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates#makers-rebates)
    

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---

# Oracle Prices | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/oracle-prices#overview)

Overview

For crypto assets Extended relies on Mark and Index Prices obtained from 5 nodes of an independent Oracle Provider, [Storkarrow-up-right](https://www.stork.network/)
:

*   Mark Prices are used to determine the liquidability of accounts and calculate positions' unrealized PnL.
    
*   Index Prices are used for the calculation of Funding Payments. For detailed information on the calculation of Funding Payments, please refer to the section on [Funding Payments](https://docs.extended.exchange/extended-resources/trading/funding-payments)
    .
    

For a deeper understanding of the approach Stork employs to define Mark and Index Prices, explore Stork's comprehensive [documentationarrow-up-right](https://docs.stork.network/)
.

Utilizing independent Oracle Providers like Stork helps prevent potential price manipulation and ensures an equitable and accurate reflection of asset values within the Extended ecosystem.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/oracle-prices#price-denomination)

Price Denomination

Both, Mark and Index Prices sourced from Stork are USD denominated. This means that on Extended USD PnL is settled in USDC given USDC margin.

[PreviousFunding Paymentschevron-left](https://docs.extended.exchange/extended-resources/trading/funding-payments)
[NextTradFi Marketschevron-right](https://docs.extended.exchange/extended-resources/trading/tradfi-markets)

Last updated 7 months ago

*   [Overview](https://docs.extended.exchange/extended-resources/trading/oracle-prices#overview)
    
*   [Price Denomination](https://docs.extended.exchange/extended-resources/trading/oracle-prices#price-denomination)
    

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---

# Builder Codes | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/builder-codes#implementation-logic)

Implementation Logic

Builder codes enable developers who build alternative frontends for Extended to earn a builder fee on each trade they route for users. This fee goes 100% to the builder and is defined per-order. To enable builder codes, a builder must have an Extended account.

When a builder routes an order through their app or strategy, they include their `clientId` (available on the API page in the Extended UI) and a `builderFee` value:

Copy

    builderId: 123,     // builder's clientId
    builderFee: 0.0005  // fee fraction (0.0005 = 0.05%)

The maximum allowed builder fee can be fetched using the `get_fees` method — the `TradingFeeModel` includes the `builder_fee_rate` parameter.

There is no manual builder-fee claiming process. All builder fees are automatically transferred to the builder’s Extended account daily at 00:00 UTC.

You can find an example implementation in our Builder Order Example Code: [linkarrow-up-right](https://github.com/x10xchange/python_sdk/blob/starknet/examples/04_create_limit_order_with_builder.py)
.

If a user qualifies for a trading rebate while using a builder code, they still receive that rebate. The builder-codes system fully supports Extended’s fee and rebate schedules.

### 

[hashtag](https://docs.extended.exchange/extended-resources/builder-codes#referrals-and-builder-codes)

Referrals & Builder Codes

If a user registers using a referral code, that code is permanently associated with the user’s account, regardless of whether the user trades via the UI or through a builder integration.

In addition, builders may issue their own referral or affiliate codes. Builders can encourage users to activate these codes in order to qualify for extended revenue sharing and referral points.

[PreviousReferrals and Affiliateschevron-left](https://docs.extended.exchange/extended-resources/referrals-and-affiliates)
[NextPointschevron-right](https://docs.extended.exchange/extended-resources/points)

Last updated 27 days ago

*   [Implementation Logic](https://docs.extended.exchange/extended-resources/builder-codes#implementation-logic)
    
*   [Referrals & Builder Codes](https://docs.extended.exchange/extended-resources/builder-codes#referrals-and-builder-codes)
    

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---

# Order Types | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/order-types#order-types)

Supported Order Types

Order Type

Description

Market Order

Executes immediately at the prevailing market price.

Limit Order

Executes at the chosen limit price or better.

Conditional Order

Activates a Market or Limit order when the specified trigger price is reached. On Extended, trigger prices can be linked to Mark, Index, or Last Prices.

TWAP Order

Executes market orders over a specified period at defined frequency, aiming to minimize price impact by distributing the total order into smaller sub-orders. Users can opt to "randomize" these sub-orders, in which case each sub-order's size is automatically adjusted within ±20% of the original trade size.

Scaled Order

Places multiple limit orders across a defined price range, distributing the total order size into smaller sub-orders to manage execution impact and achieve a desired average entry or exit price. Users can opt to apply a size skew between 0.01 and 100.00, which adjusts the distribution of sub-order sizes according to a geometric progression.​

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/order-types#order-types-1)

Order Conditions

Condition

Description

Reduce Only

An order designed to decrease an existing position, rather than initiating a new position in the opposite direction. If a user submits a market reduce-only order or has a market TPSL order triggered, but the order doesn't meet the [Order Cost](https://docs.extended.exchange/extended-resources/trading/order-cost)
 or [Max Position Value](https://docs.extended.exchange/extended-resources/trading/trading-rules#group-specific-trading-rules)
 requirement, the market reduce-only order will still be executed. However, all open non-reduce-only limit orders in the same direction will be canceled as a result.

Post Only

An order can only be added to the order book but not executed immediately.

Take Profit / Stop Loss (TPSL)

An order triggered when the market reaches the specified Take Profit or Stop Loss price. Extended supports following types of TPSL orders:

1.  Position TPSL: This applies to the full size of the position. If the TPSL for the full position size is triggered, the entire position is closed. Position TPSL can be added when placing a new order or from the Positions Tab.
    
2.  Partial Position TPSL: The size of a single partial position TPSL can be anywhere up to the current open position size. Partial Position TPSL can only be added from the Positions Tab.
    
3.  Order TPSL: This applies to the specific order, with the size of the TPSL order being equal to the size of the original order. Order TPSL can only be added when placing a new order.
    

There can only be one Position TPSL but multiple Partial Position and Order TPSLs. If a user places a new Position TPSL, the old one is canceled. When a user places a new Order or Partial Position TPSL, it is added to the list of TPSL orders for this position, alongside any other existing TPSLs. The sum of all TPSL orders can be greater than the current position size. TPSL orders are always used as an exit strategy and are set as Reduce-only orders by default. Furthermore, linked Take Profit (TP) and Stop Loss (SL) orders are always configured as OCO (one cancels the other), ensuring that the execution of one will automatically cancel the other.

Time-in-Force Conditions

**Good Till Cancel (GTC):** An order that remains on the order book until it is either filled or manually canceled by the trader. **Immediate or Cancel (IOC):** An order that is executed immediately upon placement. Any portion of the order that cannot be filled immediately is canceled.

**Fill or Kill (FOK):** An order that must be filled entirely at the specified price upon placement. If the order cannot be filled immediately and completely, it is canceled in its entirety.

[arrow-up-right](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/order-book)

[PreviousOrder Costchevron-left](https://docs.extended.exchange/extended-resources/trading/order-cost)
[NextTrading Fees and Rebateschevron-right](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates)

Last updated 1 month ago

*   [Supported Order Types](https://docs.extended.exchange/extended-resources/trading/order-types#order-types)
    
*   [Order Conditions](https://docs.extended.exchange/extended-resources/trading/order-types#order-types-1)
    

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# Referrals and Affiliates | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/referrals-and-affiliates#referrals-program)

Referrals program

To participate in the referral program, you must achieve $10,000 in traded volume.

Once you meet this requirement, you can create a unique referral link on `app.extended.exchange/referrals` by appending your personal code to the base URL (e.g., `app.extended.exchange/join/CODE`). The CODE can include any combination of Latin letters and numbers, up to 15 characters long. A single user can create multiple referral links.

Referrers earn **points plus** **10% of the net fees** generated by their referrals, with:

*   no cap on trading volume per referral;
    
*   net fees = fees paid − maker rebates for the corresponding trades.
    

Invited users receive a 10% discount on commissions for their first $50M in total trading volume.

### 

[hashtag](https://docs.extended.exchange/extended-resources/referrals-and-affiliates#affiliates-and-sub-affilates-program)

Affiliates and sub-affilates program

You can only join if you receive a direct invite from the Extended team or a referral from an existing Extended affiliate.

Affiliates earn **boosted points and rebates on all net fees** generated by their referrals, with:

*   no cap on trading volume per referral.
    
*   net fees = fees paid − maker rebates for the corresponding trades.
    

The affiliates program is designed to automatically redistribute **half** of the affiliates’ earned referral points back to their users, providing unique benefits for users who joined via an affiliate link. Even after this redistribution, affiliates still net more points than regular referrers.

Affiliates can also refer eligible users to become their **sub-affiliates** and earn **10% of the fees paid** by the sub-affiliates’ users. This 10% is paid in addition to the sub-affiliates’ own rebates and does not reduce their earnings.

[PreviousVaultchevron-left](https://docs.extended.exchange/extended-resources/vault)
[NextBuilder Codeschevron-right](https://docs.extended.exchange/extended-resources/builder-codes)

Last updated 1 month ago

*   [Referrals program](https://docs.extended.exchange/extended-resources/referrals-and-affiliates#referrals-program)
    
*   [Affiliates and sub-affilates program](https://docs.extended.exchange/extended-resources/referrals-and-affiliates#affiliates-and-sub-affilates-program)
    

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# Order Cost | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/order-cost#order-placement)

Order Placement

When a user places a new order, we check that the Available Balance for Trading is greater than or equal to the Order Cost, where:

*   Available Balance for Trading = Equity - Initial Margin for Open Positions and Orders
    
*   Order Cost for Buy Orders = max(Initial Margin Rate \* New Order Price \* (New Order Size + min(0, 2 \* (Open Position Size + Triggered Buy Order Size 1+ … + Triggered Buy Order Size N))) - Open Loss, 0)
    
*   Order Cost for Sell Orders = max(-Initial Margin Rate \* New Order Price \* (New Order Size + max(0, 2 \* (Open Position Size + Triggered Sell Order Size 1+ … + Triggered Sell Order Size N))) - Open Loss, 0)
    

In the equations above:

*   Open Loss = min(New Order Size \* (Mark Price - New Order Price), 0)
    
*   Position / Order Size is positive for Long and Negative for Short
    

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/order-cost#orders-cancellation)

Orders Cancellation

If the Available Balance for Trading becomes less than 0, all open orders except for reduce-only orders are canceled. Additionally, as long as the Available Balance is less than 0, the user can only place orders that reduce the size of existing positions.

[PreviousMargin Schedulechevron-left](https://docs.extended.exchange/extended-resources/trading/margin-schedule)
[NextOrder Typeschevron-right](https://docs.extended.exchange/extended-resources/trading/order-types)

Last updated 1 month ago

*   [Order Placement](https://docs.extended.exchange/extended-resources/trading/order-cost#order-placement)
    
*   [Orders Cancellation](https://docs.extended.exchange/extended-resources/trading/order-cost#orders-cancellation)
    

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# Points | Extended Documentation

Season 1 of the Points Program was launched on April 29, 2025, with up to 1.2M points available for weekly distributions, which take place every Tuesday at 00:00 UTC.

Users can earn points across three categories:

*   **Trading** – Earn points through organic trading activity.
    
*   **Providing Liquidity** – Deposit funds into the vault or provide tight liquidity in relevant markets.
    
*   **Referring** – Earn a share of the points generated by your referrals. Affiliates earn more.
    

The team reserves the right to update the allocation criteria and logic, including the addition of new factors, which can be revised on a weekly basis.

Ahead of Season 1 we distributed 4.3M Early Participation points on February 26 and April 28, 2025.

For all other details and updates on the Points Program, follow us on X and Discord.

[PreviousBuilder Codeschevron-left](https://docs.extended.exchange/extended-resources/builder-codes)
[NextMorechevron-right](https://docs.extended.exchange/extended-resources/more)

Last updated 6 months ago

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# Account Creation | Extended Documentation

Extended is compatible with all EVM and Starknet wallets. When connecting a new wallet, we require two signatures for the following purposes:

*   **Account Creation:** This involves generating your Extended account and signing key pair, which will be stored locally in your browser.
    
*   **Registration:** This confirms your ownership of the Extended account and enables trading.
    

For each newly connected wallet, we automatically create one trading account. However, users have the option to create up to 10 trading accounts, each with independent margin, per single wallet.

[PreviousAccount Operationschevron-left](https://docs.extended.exchange/extended-resources/account-operations)
[NextDeposits and Withdrawalschevron-right](https://docs.extended.exchange/extended-resources/account-operations/deposits-and-withdrawals)

Last updated 5 months ago

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# Trading Rules | Extended Documentation

The trading rules provided below include various limitations that apply to markets listed on the exchange. Users can also access specific trading rules for each market through the 'Trading Rules' tab on the main trading screen.

All crypto markets on Extended are categorized into 6 Market Groups based on the liquidity of different markets, and Extended has both market-specific and group-specific trading rules.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-rules#market-specific-trading-rules)

Market-Specific Trading Rules

Market-specific trading rules include:

*   Minimum Trade Size: Users cannot place orders below the minimum trade size.
    
*   Minimum Change in Trade Size: Users cannot modify orders by an amount lower than minimum change in trade size.
    
*   Minimum Price Change: Prices on the exchange cannot change by an amount below minimum price change.
    

Market

Group

Min Trade Size

Min Change in Trade Size

Min Price Change

BTC

Group 1

0.0001 BTC

0.00001 BTC

$1

ETH

Group 1

0.01 ETH

0.001 ETH

$0.1

HYPE

Group 2

0.1 HYPE

0.01 HYPE

$0.001

SOL

Group 2

0.1 SOL

0.01 SOL

$0.01

DOGE

Group 2

100 DOGE

10 DOGE

$0.00001

XRP

Group 3

10 XRP

1 XRP

$0.0001

AAVE

Group 3

0.1 AAVE

0.01 AAVE

$0.01

ADA

Group 3

10 ADA

1 ADA

$0.0001

SUI

Group 3

10 SUI

1 SUI

$0.0001

PUMP

Group 3

1000 PUMP

100 PUMP

$0.000001

BNB

Group 4

0.01 BNB

0.001 BNB

$0.01

kPEPE

Group 4

1000 kPEPE

100 kPEPE

$0.000001

kSHIB

Group 4

1000 kSHIB

100 kSHIB

$0.000001

WIF

Group 4

10 WIF

1 WIF

$0.0001

AVAX

Group 4

1 AVAX

0.1 AVAX

$0.001

LTC

Group 4

0.1 LTC

0.01 LTC

$0.01

TRX

Group 4

100 TRX

10 TRX

$0.00001

LINK

Group 4

1 LINK

0.1 LINK

$0.001

ARB

Group 4

10 ARB

1 ARB

$0.0001

OP

Group 4

10 OP

1 OP

$0.0001

ONDO

Group 4

10 ONDO

1 ONDO

$0.0001

TIA

Group 4

10 TIA

1 TIA

$0.0001

SEI

Group 4

100 SEI

10 SEI

$0.00001

kBONK

Group 4

1000 kBONK

100 kBONK

$0.000001

ENA

Group 3

100 ENA

10 ENA

$0.00001

TRUMP

Group 4

1 TRUMP

0.1 TRUMP

$0.001

JUP

Group 4

10 JUP

1 JUP

$0.0001

TON

Group 4

10 TON

1 TON

$0.0001

UNI

Group 4

1 UNI

0.1 UNI

$0.0001

APT

Group 4

1 APT

0.1 APT

$0.0001

LDO

Group 4

10 LDO

1 LDO

$0.0001

FARTCOIN

Group 4

10 FARTCOIN

1 FARTCOIN

$0.00001

CRV

Group 4

10 CRV

1 CRV

$0.00001

kSHIB

Group 4

1000 kSHIB

100 kSHIB

$0.000001

LINEA

Group 4

1000 LINEA

100 LINEA

$0.000001

XPL

Group 4

10 XPL

10 XPL

$0.00001

WLD

Group 5

10 WLD

1 WLD

$0.0001

GOAT

Group 5

100 GOAT

10 GOAT

$0.00001

S

Group 5

100 S

10 S

$0.00001

POPCAT

Group 5

10 POPCAT

1 POPCAT

$0.00001

MOODENG

Group 5

100 MOODENG

10 MOODENG

$0.00001

VIRTUAL

Group 5

10 VIRTUAL

1 VIRTUAL

$0.00001

KAITO

Group 5

10 KAITO

1 KAITO

$0.0001

STRK

Group 5

100 STRK

10 STRK

$0.00001

TAO

Group 5

0.1 TAO

0.01 TAO

$0.01

GRASS

Group 5

10 GRASS

1 GRASS

$0.0001

PENDLE

Group 5

10 PENDLE

1 PENDLE

$0.0001

SPX6900

Group 5

10 SPX

1 SPX

$0.00001

MNT

Group 5

10 MNT

1 MNT

$0.00001

EIGEN

Group 5

10 EIGEN

1 EIGEN

$0.0001

EDEN

Group 5

100 EDEN

10 EDEN

$0.00001

CAKE

Group 5

10 CAKE

1 CAKE

$0.0001

ZEC

Group 5

0.1 ZEC

0.1 ZEC

$0.001

PENGU

Group 5

1000 PENGU

100 PENGU

$0.000001

IP

Group 5

10 IP

1 IP

$0.0001

BERA

Group 5

10 BERA

1 BERA

$0.0001

ASTER

Group 5

10 ASTER

1 ASTER

$0.00001

WLFI

Group 5

100 WLFI

10 WLFI

$0.00001

APEX

Group 5

10 APEX

1 APEX

$0.00001

RESOLV

Group 6

100 RESOLV

10 RESOLV

$0.00001

INIT

Group 6

10 INIT

1 INIT

$0.00001

MELANIA

Group 6

100 MELANIA

10 MELANIA

$0.00001

ZORA

Group 6

1000 ZORA

100 ZORA

$0.000001

4

Group 6

100 4

10 4

$0.000001

MEGA

Group 6

10 MEGA

1 MEGA

$0.00001

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/trading-rules#group-specific-trading-rules)

Group-Specific Trading Rules

Group-specific trading rules include:

*   Maximum Market Order: Users cannot place a market order that exceeds the specified limit.
    
*   Maximum Limit Order: Users cannot place a limit order that exceeds the specified limit.
    
*   Maximum Position Value: Users cannot have a sum of their position value and the maximum value of either their long or short triggered orders that exceeds the specified Max Position Value.
    
*   Limit Price Cap / Floor: Users cannot place a long limit order with a price greater than Mark Price \* (1 + Limit Order Price Cap) or a short limit order with a price lower than Mark Price \* (1 - Limit Order Floor Ratio).
    
*   Maximum № of open orders: Users cannot have more than the specified Max Number of Open Orders for a given market.
    

Group

Max Market Order

Max Limit Order

Max Position Value

Limit Price Cap / Floor

Max № of Open Orders

Group 1

$ 3,000 k

$ 15,000 k

$ 30,000 k

5%

200

Group 2

$ 1,500 k

$ 7,500 k

$ 15,000 k

5%

200

Group 3

$ 500 k

$ 2,500 k

$ 7,000 k

5%

200

Group 4

$ 250 k

$ 1,250 k

$ 5,200 k

10%

200

Group 5

$ 150 k

$ 750 k

$ 2,500 k

15%

200

Group 6

$ 50 k

$ 250 k

$ 500 k

15%

200

[PreviousTrading Accounts and Marginchevron-left](https://docs.extended.exchange/extended-resources/trading/trading-accounts-and-margin)
[NextMargin Schedulechevron-right](https://docs.extended.exchange/extended-resources/trading/margin-schedule)

Last updated 32 minutes ago

*   [Market-Specific Trading Rules](https://docs.extended.exchange/extended-resources/trading/trading-rules#market-specific-trading-rules)
    
*   [Group-Specific Trading Rules](https://docs.extended.exchange/extended-resources/trading/trading-rules#group-specific-trading-rules)
    

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---

# Deposits and Withdrawals | Extended Documentation

**EVM wallet users**

For EVM users, deposits and withdrawals are supported from the following chains:

*   Ethereum
    
*   Arbitrum
    
*   Base
    
*   BSC
    
*   Avalanche
    
*   Polygon
    

The table below shows the limits and processing times per individual transaction. There is no limit on the number of transactions a single user can submit. _Please note that actual limits and processing times may vary depending on liquidity availability on the Rhino.fi bridge._

Chain

Deposits

Withdrawals

Ethereum

$10M per transaction • <$3M: ~2 min • >$3M: ~10 min

$10M per transaction • <$1M: ~2 min • >$1M: up to 6 hours

Arbitrum

$1M per transaction • <$0.5M: ~2 min • >$0.5M: ~20 min

$1M per transaction • <$0.5M: ~2 min • >$0.5M: ~20 min

Other

$1M per transaction • <$0.5M: ~2 min • >$0.5M: ~20 min

$1M per transaction • <$0.1M: ~2 min • >$0.1M: ~20 min

**Starknet wallet users**

Starknet wallet users can only deposit from and withdraw to Starknet. No limits apply.

[PreviousAccount Creationchevron-left](https://docs.extended.exchange/extended-resources/account-operations/account-creation)
[NextVaultchevron-right](https://docs.extended.exchange/extended-resources/vault)

Last updated 1 month ago

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---

# TradFi Markets | Extended Documentation

In addition to crypto markets, Extended currently offers perpetual contracts on the following traditional financial (TradFi) markets:

*   EUR;
    
*   SPX (S&P 500);
    
*   XAU (Gold);
    
*   XBR (Brent Crude Oil).
    

**Trading Hours:** All TradFi markets are available for trading 24/7, including weekends and public holidays. However, please note that spreads on these markets may be significantly wider during these periods.​

**Fees:** Currently, TradFi markets have the same trading fees as crypto markets; however, this may be revised in the future.

**Pricing Data:** For index and mark prices on TradFi markets, Extended leverages [Pragma Oraclearrow-up-right](https://www.pragma.build/)
.​

**Funding Payments:** The logic remains the same as in [crypto markets](https://docs.extended.exchange/extended-resources/trading/funding-payments)
, except that the Funding Rate is calculated as Average Premium / 8.

**Trading Rules:** Minimum Trade Size, Minimum Change in Trade Size and Minimum Price Change.

Market

Min Trade Size

Min Change in Trade Size

Min Price Change

EUR

10 EUR

1 EUR

$0.00001

XAU

0.01 XAU

0.001 XAU

$0.1

XAG

1 XAG

0.1 XAG

$0.001

SPX

0.01 SXP

0.001 SPX

$0.1

NDX

0.001 NDX

0.0001 NDX

$1

XBR (being delisted)

1 XBR

0.1 XBR

$0.01

**Margin Requirements:** Each TradFi market has a custom margin schedule, detailed below.

EUR Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 2000 k

100.0

1%

0.5%

$ 2000 - 4000 k

50.0

2%

1.0%

$ 4000 - 6000 k

33.3

3%

1.5%

$ 6000 - 8000 k

25.0

4%

2.0%

$ 8000 - 10000 k

20.0

5%

2.5%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 1% and 0.5% respectively for every additional $2000k._

XAG (Silver) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 500 k

10.0

10%

5%

$ 500 - 1000 k

5.0

20%

10%

$ 1000 - 1500 k

3.3

30%

15%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 10% and 5% respectively for every additional $500k._

XAU (Gold) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 2000 k

25.0

4%

2%

$ 2000 - 4000 k

12.5

8%

4%

$ 4000 - 6000 k

8.3

12%

6%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 4% and 2% respectively for every additional $2000k._

SPX (S&P 500) and NDX (Nasdaq 100) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 1000 k

10.0

10%

5%

$ 1000 - 2000 k

5.0

20%

10%

$ 2000 - 3000 k

3.3

30%

15%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 10% and 5% respectively for every additional $1000k._

XBR (Brent Crude Oil) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 500 k

5.0

20%

10%

$ 500 - 1000 k

2.5

40%

20%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 20% and 10% respectively for every additional $500k.EUR_

[PreviousOracle Priceschevron-left](https://docs.extended.exchange/extended-resources/trading/oracle-prices)
[NextAccount Operationschevron-right](https://docs.extended.exchange/extended-resources/account-operations)

Last updated 13 minutes ago

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---

# Vault | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/vault#extended-vault-shares-xvs)

Extended Vault Shares (XVS)

Whenever users deposit USDC into the vault, they receive Extended Vault Shares (XVS) in return. XVS:

*   Contributes 90% of its value to both user Equity and Available Balance for Trading, allowing vault deposits to function as yield-bearing collateral for perpetual trading.
    
*   Continuously accrues both base and extra yield, as described in detail below.
    

**Example: Impact of XVS Balance on User Equity and Available Balance for Trading**

Scenario

User Equity

User Available Balance

The user has 1,000 USDC in the account

$1,000

$1,000

The user deposits into the vault and receives $1,000 worth of XVS

$900

$900

The user opens a $1,000 BTC long with 4x leverage

$900

$650 ($900 - $1,000 / 4)

Unrealised PnL of BTC long becomes +$100

$1000

$750

**Note:**

*   If you use XVS as collateral, it may be affected by trading losses and liquidation. If you want your vault deposit to remain independent of trading activity, please keep XVS in a separate sub-account. At the moment of deposit, you can choose the target sub-account where the XVS balance will be credited.
    
*   Currently, XVS balances can be transferred between sub-accounts but cannot be withdrawn from the exchange. We are considering enabling withdrawals in the future to support new DeFi primitives.
    
*   If you have a negative USDC balance that is offset by your XVS balance, no interest is charged on the negative USDC balance.
    

### 

[hashtag](https://docs.extended.exchange/extended-resources/vault#vault-deposits-and-withdrawals)

Vault Deposits & Withdrawals

Deposit Logic:

*   The minimum deposit is $5.
    
*   A 24-hour lockup period applies to each deposit. Withdrawals can only be made 24 hours after each deposit. If a user makes multiple deposits, each one follows its own lockup timeline.
    

Withdrawal Logic:

*   No minimum withdrawal amount.
    
*   Upon XVS withdrawal, the vault closes a pro-rata share of its open positions based on the user’s share of total vault equity and transfers the resulting USDC to the user’s account.
    
*   Any price impact from closing positions is borne solely by the withdrawing user and is not shared with other vault participants.
    

### 

[hashtag](https://docs.extended.exchange/extended-resources/vault#xvs-yield)

XVS yield

The Extended Vault quotes across all Extended markets, performs liquidations, and accrues exchange fees. These activities generate two types of yield:

*   **Base Yield:** Earned by all users and generated through the vault’s trading and liquidation activity.
    
*   **Extra Yield:** Earned based on user activity and derived from a share of exchange fees.
    

#### 

[hashtag](https://docs.extended.exchange/extended-resources/vault#base-yield)

Base Yield

Base XVS yield is available to all vault depositors and accrues continuously through changes in the XVS price. The activities that generate this yield are described below.

**Trading**

The vault actively quotes on all markets listed on Extended using an automated market-making strategy. Its quoting behavior is governed by both global and market-specific exposure controls, as well as dynamic capital allocation and spread management logic:

Exposure Management

*   **Global Exposure Cap:** If the vault’s leverage exceeds 0.2x, it will only quote in markets where it already holds exposure, and only on the side that reduces that exposure. This acts as a circuit breaker to prevent excessive leverage.
    
*   **Per-Market Exposure Limits:** Each market has a hard cap on allowable vault exposure. Less liquid assets have stricter limits to minimize risk from illiquidity.
    

Quoting Behavior

*   **Adaptive Spread Quoting:** Spreads are set dynamically—tightening in stable conditions and widening with volatility—to mitigate adverse selection. Quotes must remain within predefined width constraints to stay eligible for rewards.
    
*   **Exposure-Aware Adjustments:** The vault adjusts size and spread asymmetrically by side, reducing quoting size and widening the spread on the side that would further increase the vault's exposure.
    

Additionally, the vault accrues maker rebates from its market-making activity.

**Liquidations**

The vault handles all liquidations on the exchange, including liquidations of XVS balances and perpetual positions, and earns a 1% liquidation fee on healthy liquidations. It is important to note that, given the design of the XVS liquidation flow described below, the vault always earns a 1% fee on liquidations of XVS balances.

Potential losses to the vault from liquidations of perpetual positions, when a position is closed below the bankruptcy price and the vault covers the shortfall, are limited by three controls:

*   **Global Limit**: The vault cannot be depleted by more than 15% in a single day for liquidation purposes.
    
*   **Per-Market Daily Budget**: Each market can only utilize a fraction of the vault’s balance within a 24-hour period. This limit varies by market, with less liquid assets having access to a smaller share of the vault.
    
*   **Per-Liquidation Loss Cap**: Each market has a hard cap on the maximum absorbable loss per liquidation. Again, less liquid markets have more conservative caps.
    

If a liquidation breaches either of these limits, the position is automatically ADLed. You can check the market-specific loss caps [here](https://docs.extended.exchange/extended-resources/trading/liquidation-logic)
.

Given that the vault is designed to operate with low leverage (see Quoting Logic above), it is highly unlikely to become a counterparty to ADL. Therefore, the vault is not intended to serve as a last-resort backstop for failed liquidations.

#### 

[hashtag](https://docs.extended.exchange/extended-resources/vault#extra-yield)

Extra Yield

Extra XVS Yield depends on user activity as per the logic below:

*   All users starting from the Knight trading league earn extra yield on their XVS balance.
    
*   The higher the user’s trading league, the higher the extra yield. The increase in extra yield accelerates from lower to higher leagues.
    
*   There is currently a $300k per-client vault deposit cap on which extra yield is paid across all leagues.
    

Unlike Base yield, Extra yield is paid in XVS once per day (meaning the user’s XVS balance will increase daily), and the additional XVS is accrued into the user’s main account. Extra yield is funded from a share of the fees generated by the exchange. In the longer run, extra yield will also accrue a share of the interest income generated by the integrated lending market.

#### 

[hashtag](https://docs.extended.exchange/extended-resources/vault#mechanics-of-the-xvs-liquidation-process)

Mechanics of the XVS Liquidation Process

Given that XVS represents a claim on vault equity, which includes open positions, the liquidation process for XVS differs from regular liquidations. The logic works as follows:

*   When a user with an XVS balance becomes subject to liquidation, their XVS balance is liquidated first, meaning it is withdrawn from the vault with a 1% liquidation fee that is accrued to the vault.
    
*   When liquidating vault shares, the vault closes its open positions in proportion to the liquidated XVS.
    
*   If the vault cannot close its positions via the order book (for example, due to insufficient liquidity), a special operation called Force Close is used.
    
    *   The vault closes positions against the most profitable and highly leveraged user on the opposite side (as determined by the [ADL ranking](https://docs.extended.exchange/extended-resources/trading/liquidation-logic#auto-deleveraging-adl)
        ) at the Mark Price.
        
    *   Force Close is similar to ADL, but unlike ADL, where positions are closed at the bankruptcy price, Force Close operates at Mark Price and does not impose direct losses on the opposing user.
        
    *   Given the vault’s risk limits (the maximum position it can take in any market), Force Close is expected to be used only in extreme scenarios.
        
    
*   Because of this design, the XVS balance of a liquidated user can always be withdrawn from the vault.
    
*   After the XVS balance is withdrawn, if the user remains unhealthy, the system proceeds with the regular liquidation process for the user’s remaining perpetual positions.
    

[PreviousDeposits and Withdrawalschevron-left](https://docs.extended.exchange/extended-resources/account-operations/deposits-and-withdrawals)
[NextReferrals and Affiliateschevron-right](https://docs.extended.exchange/extended-resources/referrals-and-affiliates)

Last updated 4 days ago

*   [Extended Vault Shares (XVS)](https://docs.extended.exchange/extended-resources/vault#extended-vault-shares-xvs)
    
*   [Vault Deposits & Withdrawals](https://docs.extended.exchange/extended-resources/vault#vault-deposits-and-withdrawals)
    
*   [XVS yield](https://docs.extended.exchange/extended-resources/vault#xvs-yield)
    

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---

# Margin Schedule | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/margin-schedule#initial-margin)

Initial Margin

Initial Margin is the required deposit to place an order and open a position. It's calculated as 1 divided by the leverage.

Leverage can range from 1 to the maximum leverage, which depends on the market and the value of open position and open orders in that market. Leverage may vary across different markets, but within a specific market, a single leverage rate is applied to both the open position and all open orders.

When a user modifies the leverage, this change is applied to both the open position and all open orders in that market. However, the change can fail if the total value of the open position and open orders exceeds the maximum allowed for the selected leverage, or if the initial margin requirement, recalculated with the new leverage, is not satisfied.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/margin-schedule#maintenance-margin)

Maintenance Margin

Maintenance Margin is the minimum amount of margin required to maintain a position after it has been opened. Positions are subject to liquidation when the account equity falls below the maintenance margin requirement.

Maintenance margin equals 50% of the initial margin at maximum leverage allowed for a given market and position value.

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/margin-schedule#order-validation-against-margin-schedule)

Order Validation against Margin Schedule

When placing a new order, it must ensure that the position remains below the maximum position value for the selected leverage:

*   If the new order increases the absolute sum of the position value, the new order value, and the value of any triggered orders in the same direction as the new order, then the following criteria should be met;Abs(Sum(PositionValue,NewOrderValue,ValueofTriggeredOrders))≤MaxPositionValueForGivenLeverageAbs(Sum(Position Value, New Order Value, Value of Triggered Orders))≤Max Position Value For Given LeverageAbs(Sum(PositionValue,NewOrderValue,ValueofTriggeredOrders))≤MaxPositionValueForGivenLeverage
    
*   If the new order does not increase the absolute sum of the position value, the new order value, and the value of any triggered orders in the same direction as the new order, then the validation is auto-passed.
    

### 

[hashtag](https://docs.extended.exchange/extended-resources/trading/margin-schedule#margin-schedule)

Margin Schedule

The Margin Schedule varies across 6 Market Groups. Value brackets may be adjusted over time, depending on available liquidity or changes in asset price.

Group 1: BTC, ETH

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 3000 k

50.0

2%

1%

$ 3000 - 6000 k

25.0

4%

2%

$ 6000 - 9000 k

16.7

6%

3%

$ 9000 - 12000 k

12.5

8%

4%

$ 12000 - 15000 k

10.0

10%

5%

$ 15000 - 18000 k

8.3

12%

6%

$ 18000 - 21000 k

7.1

14%

7%

$ 21000 - 24000 k

6.3

16%

8%

$ 24000 - 27000 k

5.6

18%

9%

$ 27000 - 30000 k

5.0

20%

10%

Group 2: SOL, HYPE.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 1000 k

50.0

2%

1%

$ 1000 - 2000 k

25.0

4%

2%

$ 2000 - 3000 k

16.7

6%

3%

$ 3000 - 4000 k

12.5

8%

4%

$ 4000 - 5000 k

10.0

10%

5%

$ 5000 - 6000 k

8.3

12%

6%

$ 6000 - 7000 k

7.1

14%

7%

$ 7000 - 8000 k

6.3

16%

8%

$ 8000 - 9000 k

5.6

18%

9%

$ 9000 - 10000 k

5.0

20%

10%

$10000 - 11000k

4.5

22%

11%

$11000 - 12000k

4.2

24%

12%

$12000 - 13000k

3.8

26%

13%

$13000 - 14000k

3.6

28%

14%

$14000 - 15000k

3.3

30%

15%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 2% and 1% respectively for every additional $1000k._

Group 3: XRP, AAVE, DOGE, SUI, ENA, PUMP, ADA.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 500 k

50.0

2%

1%

$ 500 - 1000 k

25.0

4%

2%

$ 1000 - 1500 k

16.7

6%

3%

$ 1500 - 2000 k

12.5

8%

4%

$ 2000 - 2500 k

10.0

10%

5%

$ 2500 - 3000 k

8.3

12%

6%

$ 3000 - 3500 k

7.1

14%

7%

$ 3500 - 4000 k

6.3

16%

8%

$ 4000 - 4500 k

5.6

18%

9%

$ 4500 - 5000 k

5.0

20%

10%

$ 5000 - 5500 k

4.5

22%

11%

$5500 - 6000k

4.2

24%

12%

$6000 - 6500k

3.8

26%

13%

$6500 - 7000k

3.6

28%

14%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 2% and 1% respectively for every additional $500k._

Group 4: NEAR, BNB, AVAX, TRUMP, LINK, CRV, TRX, ONDO, APT, UNI, WIF, TIA, JUP, LTC, ARB, kSHIB, TON, OP, SEI, LDO, XPL, FARTCOIN, kPEPE, kBONK.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

25.0

4%

2%

$ 400 - 800 k

12.5

8%

4%

$ 800 - 1200 k

8.3

12%

6%

$ 1200 - 1600 k

6.3

16%

8%

$ 1600 - 2000 k

5.0

20%

10%

$ 2000 - 2400 k

4.2

24%

12%

$ 2400 - 2800 k

3.6

28%

14%

$ 2800 - 3200 k

3.1

32%

16%

$ 3200 - 3600 k

2.8

36%

18%

$ 3600 - 4000 k

2.5

40%

20%

$ 4000 - 4400k

2.3

44%

22%

$ 4400 - 4800k

2.1

48%

24%

$ 4800 - 5200k

1.9

52%

26%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 4% and 2% respectively for every additional $400k._

Group 5: KAITO, MOODENG, MON, AERO, SPX, ZRO, GOAT, EDEN, GRASS, IP, BERA, APEX, PENDLE, CAKE, VIRTUAL, POPCAT, EIGEN, AVNT, S, MNT, ZEC, STRK, LINEA, SNX, WLD, TAO, WLFI, PENGU, ASTER.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 250 k

10.0

10%

5%

$ 250 - 500 k

5.0

20%

10%

$ 500 - 750 k

3.3

30%

15%

$ 750 - 1000 k

2.5

40%

20%

$ 1000 - 1250 k

2.0

50%

25%

$1250 - 1500k

1.7

60%

30%

$1500 - 1750k

1.4

70%

35%

$1750 - 2000k

1.3

80%

40%

$2000 - 2250k

1.1

90%

45%

$2250 - 2500k

1.0

100%

50%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 10% and 5% respectively for every additional $250k._

Group 6: 4, RESOLV, INIT, ZORA, MELANIA, MEGA.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 100 k

5.0

20%

10%

$ 100 - 200 k

2.5

40%

20%

$ 200 - 300 k

1.7

60%

30%

$ 300 - 400 k

1.3

80%

40%

$ 400 - 500 k

1.0

100%

50%

_If a user's position exceeds the last margin tier, initial and maintenance margin requirements will increase by 20% and 10% respectively for every additional $100k._

[PreviousTrading Ruleschevron-left](https://docs.extended.exchange/extended-resources/trading/trading-rules)
[NextOrder Costchevron-right](https://docs.extended.exchange/extended-resources/trading/order-cost)

Last updated 1 month ago

*   [Initial Margin](https://docs.extended.exchange/extended-resources/trading/margin-schedule#initial-margin)
    
*   [Maintenance Margin](https://docs.extended.exchange/extended-resources/trading/margin-schedule#maintenance-margin)
    
*   [Order Validation against Margin Schedule](https://docs.extended.exchange/extended-resources/trading/margin-schedule#order-validation-against-margin-schedule)
    
*   [Margin Schedule](https://docs.extended.exchange/extended-resources/trading/margin-schedule#margin-schedule)
    

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---

# More | Extended Documentation

[Extended x Pacifica Trading Competitionchevron-right](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition)
[Testers Programchevron-right](https://docs.extended.exchange/extended-resources/more/testers-program)
[Leaderboardchevron-right](https://docs.extended.exchange/extended-resources/more/leaderboard)
[Platform Outagechevron-right](https://docs.extended.exchange/extended-resources/more/platform-outage)
[Testnetchevron-right](https://docs.extended.exchange/extended-resources/more/testnet)
[Troubleshooting Guidechevron-right](https://docs.extended.exchange/extended-resources/more/troubleshooting-guide)
[Smart Contract Auditschevron-right](https://docs.extended.exchange/extended-resources/more/smart-contract-audits)
[Bounty programchevron-right](https://docs.extended.exchange/extended-resources/more/bounty-program)
[Brand Kitchevron-right](https://docs.extended.exchange/extended-resources/more/brand-kit)

[PreviousPointschevron-left](https://docs.extended.exchange/extended-resources/points)
[NextExtended x Pacifica Trading Competitionchevron-right](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition)

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# Statement of Risk | Extended Documentation

This notice outlines the risks associated with digital assets that you may consider investing in through services offered by Extended. Extended provides a decentralized platform for trading perpetual contracts, and it is not authorized or regulated by the Seychelles Financial Services Authority or any other financial regulator.

### 

[hashtag](https://docs.extended.exchange/extended-resources/legal/statement-of-risk#disclosures)

Disclosures

Extended facilitates the trading of perpetual contracts, which provide indirect exposure to cryptocurrencies and commodities.

As the cryptocurrency markets are decentralized and not subject to regulation, our cryptocurrency trading services fall outside the scope of specific European regulatory frameworks such as MiFID or MiCA. Consequently, users of Extended’s trading services do not receive the protections typically available to clients of regulated investment services, including access to investor compensation schemes.

Our offerings are highly risky and may not be appropriate for all investors. This notice aims to inform you of these risks, though it cannot detail all potential risks or how they might apply to your individual circumstances. If you are in doubt, we recommend seeking professional advice. Before engaging with Extended, it is crucial that you understand these risks, ensure you have sufficient financial resources to withstand potential losses, and monitor your positions closely. Trading involves risk to your capital. You should not invest money that you cannot afford to lose.

### 

[hashtag](https://docs.extended.exchange/extended-resources/legal/statement-of-risk#perpetual-contracts)

Perpetual Contracts

A Perpetual Contract is an agreement to buy or sell a cryptocurrency at a future date without an expiration. Unlike equity futures, Perpetual Contracts do not have a set delivery date and can be held indefinitely, avoiding the need to rollover contracts. When you engage in trading Perpetual Contracts, you typically do so on margin, also known as trading with leverage. This implies that you can deposit only a fraction of your position’s total value. Consequently, even minor fluctuations in the market can significantly affect your equity, both positively and negatively. Even minor market movements can significantly affect your position, positively or negatively.

If the market turns adverse, you could lose more than your initial investment in a given position. Market gaps can occur when the underlying market is closed, potentially causing substantial price shifts that could be disadvantageous to you. You are liable for all losses associated with your positions up to the equity in your Extended smart contract.

Before deciding to trade on margin, carefully evaluate your investment goals, experience level, and risk appetite. Market liquidity of Perpetuals Contracts is not guaranteed, and it may be challenging to liquidate an existing position. The specifications of Perpetual Contracts may significantly differ from the actual underlying market or cryptocurrency.

Perpetual Contracts are complex instruments that carry a high risk of rapid monetary loss due to leverage. Make sure you fully understand how Perpetual Contracts work and carefully consider whether you can afford the significant risk of financial loss.

Perpetual Contracts generally do not suit long-term investment strategies. Holding a Perpetual Contract for an extended period can lead to increased costs due to funding payments and might not be as beneficial as owning the underlying asset directly.

Whenever you have open positions, it is crucial that your account equity satisfies our margin requirements, which are subject to change. If market prices turn unfavorable, or if margin requirements are adjusted, you might be required to promptly deposit additional funds to meet the new margin criteria and preserve your open positions. Failure to comply may result in the closure of one or more—or even all—of your positions by us, with you bearing sole responsibility for any resulting losses

[PreviousTerms of Usechevron-left](https://docs.extended.exchange/extended-resources/legal/terms-of-use)
[NextRestricted Countrieschevron-right](https://docs.extended.exchange/extended-resources/legal/restricted-countries)

Last updated 7 months ago

*   [Disclosures](https://docs.extended.exchange/extended-resources/legal/statement-of-risk#disclosures)
    
*   [Perpetual Contracts](https://docs.extended.exchange/extended-resources/legal/statement-of-risk#perpetual-contracts)
    

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# Testnet | Extended Documentation

You can access our testnet at [starknet.sepolia.extended.exchangearrow-up-right](https://starknet.sepolia.extended.exchange/)
.

On the testnet, users can claim $1,000 worth of test USDC per day for each L1 wallet. Even if a user creates multiple trading accounts under a single L1 wallet, this $1,000 limit applies collectively to all associated trading accounts.

Claiming test collateral is the sole method for users to acquire deposits for trading on the testnet.

[PreviousPlatform Outagechevron-left](https://docs.extended.exchange/extended-resources/more/platform-outage)
[NextTroubleshooting Guidechevron-right](https://docs.extended.exchange/extended-resources/more/troubleshooting-guide)

Last updated 1 month ago

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# Extended x Pacifica Trading Competition | Extended Documentation

10-Day Joint Trading Competition

Sign-ups are open now: [Herearrow-up-right](https://docs.google.com/forms/d/e/1FAIpQLSfCfN0jnQCgNoLOE3C2Wz9RQY1hHZnqYG_uEJk1a4Z9zUzZFQ/viewform)
 (All participants must register for their activity to be counted).

Pacifica and Extended are jointly launching a cross-exchange trading competition, featuring individual leaderboards for each exchange as well as a unified combined leaderboard comparing all registered traders.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#competition-structure)

Competition Structure

#### 

[hashtag](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#individual-exchange-leaderboards)

Individual Exchange Leaderboards

Exchange leaderboards, combined leaderboard, and total leaderboards for both exchanges will be available. Metrics tracked:

*   Total Trading Volume
    
*   Total PnL (Profit and Loss)
    

A baseline snapshot of each participant is recorded at the time of registration. Only new trading activity generated after sign-up will count toward rankings. Leaderboards refresh automatically every hour.

Leaderboard: [Herearrow-up-right](https://docs.google.com/spreadsheets/d/1-ZzkKCNUFu6ewICt-AbBxwqwdsWbSSEvhqzEeIGymrY/edit?gid=965945770#gid=965945770)
 Sign-up Form: [Herearrow-up-right](https://docs.google.com/forms/d/e/1FAIpQLSfCfN0jnQCgNoLOE3C2Wz9RQY1hHZnqYG_uEJk1a4Z9zUzZFQ/viewform)

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#combined-rankings)

Combined Rankings

Scoring formula: (Total Volume Rank + Total PnL Rank) / 2

Combined Leaderboard: Ranks all Pacifica and Extended traders together using the shared formula to show how individuals compare across both exchanges.

Totals Leaderboard: Compares the overall performance of Pacifica vs. Extended users by aggregated volume and positive PnL.

Individual Leaderboards: Shows rankings within each exchange separately based solely on each trader’s post-sign-up activity.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#prize-pools)

Prize Pools

Each exchange contributes: 5% of one week’s point supply

Rewards are distributed to the top traders within each exchange, proportional to each individual’s contribution to their exchange’s total score. Each leaderboard will include a visible contribution percentage.

Combined leaderboards are for comparative visibility and community engagement. Bonus prizes to be revealed at competition end.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#timeline)

Timeline

*   Day 1 (December 8): [Joint Pacifica × Extended AMA introarrow-up-right](https://x.com/i/spaces/1BdxYZRYRnNKX?s=20)
    
*   Days 1–10: Competition live
    
*   Day 10+: Final results published, rewards distributed.
    

Both Pacifica and Extended will coordinate announcement times and community updates throughout the event.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#important-notice)

Important Notice

You must register for your activity to be tracked. All eligible performance begins only after sign-up.

#### 

[hashtag](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#note-on-competition-trading-behaviour)

Note on Competition Trading Behaviour

To maintain a fair and competitive environment, Pacifica and Extended actively monitor trading behaviour throughout the event. Any suspicious or manipulative activity identified during the competition may result in disqualification.

Market makers are not allowed to participate in the competition.

All participants are expected to follow fair trading practices at all times. Good luck to everyone taking part!

[PreviousMorechevron-left](https://docs.extended.exchange/extended-resources/more)
[NextTesters Programchevron-right](https://docs.extended.exchange/extended-resources/more/testers-program)

Last updated 1 month ago

*   [Competition Structure](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#competition-structure)
    
*   [Combined Rankings](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#combined-rankings)
    
*   [Prize Pools](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#prize-pools)
    
*   [Timeline](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#timeline)
    
*   [Important Notice](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition#important-notice)
    

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# Leaderboard | Extended Documentation

The leaderboard displays three metrics for all traders within the selected time period:

1.  Absolute PnL = Closing Account Equity - Opening Account Equity - Inbound transfers during the period (e.g., deposits) + Outbound transfer during the period (e.g., withdrawals);
    
2.  PnL Percentage = Absolute PnL / max(100,Opening Account Equity + Sum of Inbound transfer in the period);
    
3.  Total Trading Volume during the period.
    

Leaderboard is updated hourly.

Achieving top positions on the leaderboard does not automatically entitle traders to benefits or rewards. However, Extended occasionally organizes trading competitions that offer rewards to the top performers. To ensure you don't miss out on these opportunities, we encourage you to join our [Discordarrow-up-right](https://discord.gg/extendedapp)
 for the latest updates and information.

[PreviousTesters Programchevron-left](https://docs.extended.exchange/extended-resources/more/testers-program)
[NextPlatform Outagechevron-right](https://docs.extended.exchange/extended-resources/more/platform-outage)

Last updated 12 months ago

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# Legal | Extended Documentation

[Terms of Usechevron-right](https://docs.extended.exchange/extended-resources/legal/terms-of-use)
[Statement of Riskchevron-right](https://docs.extended.exchange/extended-resources/legal/statement-of-risk)
[Restricted Countrieschevron-right](https://docs.extended.exchange/extended-resources/legal/restricted-countries)
[Privacy Policychevron-right](https://docs.extended.exchange/extended-resources/legal/privacy-policy)

[PreviousBrand Kitchevron-left](https://docs.extended.exchange/extended-resources/more/brand-kit)
[NextTerms of Usechevron-right](https://docs.extended.exchange/extended-resources/legal/terms-of-use)

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# Troubleshooting Guide | Extended Documentation

If you experience any issues with exchange availability, please try the following before raising a support ticket with the team:

1.  Check your internet connection;
    
2.  Close all open tabs with the Extended app, or refresh the page if only one tab is open;
    
3.  Close and reopen your browser;
    
4.  Check if your wallet is connected (you may need to enter a password or click "Connect" in your wallet provider);
    
5.  Try disconnecting and reconnecting your wallet;
    
6.  Check the network selected in your wallet;
    
7.  Clear site data and refresh the page.
    

**If the above doesn't help, please raise a support ticket in** [**Discord**arrow-up-right](https://discord.gg/extendedapp)
**.**

[PreviousTestnetchevron-left](https://docs.extended.exchange/extended-resources/more/testnet)
[NextSmart Contract Auditschevron-right](https://docs.extended.exchange/extended-resources/more/smart-contract-audits)

Last updated 8 months ago

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# Testers Program | Extended Documentation

Testers are an elite group of Extended traders who play a crucial role in shaping the future of our platform.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/testers-program#benefits-for-testers)

**Benefits for Testers**

Testers are eligible for the following benefits:

*   **Early Access**: Gain early information about the product roadmap and timelines.
    
*   **Access to the Team**: Enjoy direct communication with the founders, engineering team, fellow Testers, and, when necessary, ecosystem partners.
    
*   **Exclusive benefits:** Enjoy special rewards and perks from the team.
    

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/testers-program#becoming-a-tester)

**Becoming a Tester**

Continue engaging with our platform by actively trading, reporting bugs, and providing valuable feedback. Our team closely monitors contributions and invites those who provide valuable input to join the Testers. There are currently only 200 spots available in the Testers Program.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/testers-program#losing-tester-status)

**Losing Tester Status**

Testers who cease contributing may be removed from the group. The team will conduct regular monthly reviews.

[PreviousExtended x Pacifica Trading Competitionchevron-left](https://docs.extended.exchange/extended-resources/more/extended-x-pacifica-trading-competition)
[NextLeaderboardchevron-right](https://docs.extended.exchange/extended-resources/more/leaderboard)

Last updated 7 months ago

*   [Benefits for Testers](https://docs.extended.exchange/extended-resources/more/testers-program#benefits-for-testers)
    
*   [Becoming a Tester](https://docs.extended.exchange/extended-resources/more/testers-program#becoming-a-tester)
    
*   [Losing Tester Status](https://docs.extended.exchange/extended-resources/more/testers-program#losing-tester-status)
    

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# Trading | Extended Documentation

[Trading Ruleschevron-right](https://docs.extended.exchange/starkex-specific-docs/trading/trading-rules)
[Margin Schedulechevron-right](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule)
[TradFi Marketschevron-right](https://docs.extended.exchange/starkex-specific-docs/trading/tradfi-markets)

[PreviousMigration Guidechevron-left](https://docs.extended.exchange/starknet-migration/migration-guide)
[NextTrading Ruleschevron-right](https://docs.extended.exchange/starkex-specific-docs/trading/trading-rules)

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# Restricted Countries | Extended Documentation

Access to the Extended Protocol website and services (defined by the [Terms of Use](https://docs.extended.exchange/extended-resources/legal/terms-of-use)
) is not available to individuals or entities residing in, citizens of, located in, incorporated in, or with a registered office in one of the Restricted Territories defined in Extended's Terms of Use.

Users attempting to access the Extended Protocol domain from a Restricted Territory will immediately be presented with a prompt directing them to the [Terms of Use](https://docs.extended.exchange/extended-resources/legal/terms-of-use)
 and blocking their access to the website and services.

The current list of Restricted Territories includes: Afghanistan, Canada, China (Hong Kong), Cuba, Iran, North Korea, Russia, Singapore, Syria, Ukraine (Crimea, Donetsk, and Luhansk Regions), United Kingdom, United States of America.

This page will be regularly updated with the latest list of restricted territories.

Please refer to the [Terms of Use](https://docs.extended.exchange/extended-resources/legal/terms-of-use)
 for further details regarding access to the Extended Protocol.

[PreviousStatement of Riskchevron-left](https://docs.extended.exchange/extended-resources/legal/statement-of-risk)
[NextPrivacy Policychevron-right](https://docs.extended.exchange/extended-resources/legal/privacy-policy)

Last updated 10 months ago

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# Smart Contract Audits | Extended Documentation

The Extended on-chain infrastructure is powered by the battle-tested StarkEx Layer 2 engine, developed by Starkware. StarkEx underwent thorough auditing by external auditors, and you can find all the audit reports [herearrow-up-right](https://github.com/starkware-libs/starkex-contracts/tree/master/audit)
.

[PreviousDeposits & Withdrawalschevron-left](https://docs.extended.exchange/starkex-specific-docs/deposits-and-withdrawals)

Last updated 5 months ago

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# Migration Guide | Extended Documentation

Please refer to [this article](https://docs.extended.exchange/starknet-migration/rationale-and-vision)
 to understand the rationale behind the move to Starknet and our longer-term vision for building the Extended ecosystem.

### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#overarching-migration-logic)

Overarching Migration Logic

The migration will happen in three stages, outlined below. However, we encourage users to migrate as soon as possible, as **points will only accrue on the Starknet version of the exchange from the beginning of the migration process**. Additionally, we expect better liquidity on the Starknet instance.

Existing Extended users will need to migrate from the current StarkEx instance to the new Starknet instance, following the logic described below. With the launch of the Starknet instance, users will experience no disruption in their trading experience. Starknet will function purely as a settlement layer, with all chain-specific logic fully abstracted. This means:

*   **EVM users will not need to set up a Starknet wallet or interact with the Starknet network for deposits or withdrawals.**
    
*   Near-instant deposits and withdrawals will be supported across six major EVM-compatible chains, with Solana integration coming soon.
    

At any given time, only one version of the exchange will be available to each user — StarkEx before migrating, and Starknet after migrating. Once a user migrates to Starknet, they will no longer have access to the StarkEx version. However, **Points balances and complete trading history will be seamlessly transferred** to the Starknet instance.

After the migration begins, all new users will be onboarded directly to the Starknet instance.

### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#migration-stages)

Migration Stages

#### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#stage-1-dual-operation-mode)

Stage 1: Dual Operation Mode

*   **Duration:** 2 weeks from the launch of the Starknet instance
    
*   **Description:** During this stage, both StarkEx and Starknet instances will be fully operational for trading. Existing StarkEx users are encouraged to migrate at their convenience.
    
*   **StarkEx Trading:** Fully operational
    
*   **StarkEx Deposits & Withdrawals:** Fully operational
    
*   **StarkEx Vault:**
    
    *   New deposits are disabled
        
    *   All vault positions are closed
        
    *   No fee distributions
        
    *   Vault stops processing liquidations — these will be handled by a separate insurance fund
        
    
*   **Points:** Distributed exclusively on Starknet. Once a user completes the migration, all points accrued on the StarkEx instance will be automatically migrated to the Starknet instance of the exchange.
    
*   **Fees:** 0 bps for reduce-only orders on StarkEx; otherwise, [regular trading fees](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates)
     apply on both StarkEx and Starknet.
    

#### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#stage-2-starkex-wind-down-mode)

Stage 2: StarkEx Wind-Down Mode

*   **Duration:** 2 weeks after Stage 1
    
*   **Description:** Users are strongly encouraged to complete their migration to Starknet during this period. The StarkEx instance begins winding down and limits trading activity.
    
*   **StarkEx Trading:** Switched to reduce-only mode. Users can only decrease their exposure; opening new positions or increasing position sizes is disabled.
    
*   **StarkEx Deposits & Withdrawals:**
    
    *   Deposits: Disabled
        
    *   Withdrawals: Both Fast and Slow withdrawals are fully operational
        
    
*   **StarkEx Vault:**
    
    *   New deposits are disabled
        
    *   All vault positions are closed
        
    *   No fee distributions
        
    *   Vault stops processing liquidations — these will be handled by a separate insurance fund
        
    
*   **Points:** Distributed exclusively on Starknet. Once a user completes the migration, all points accrued on the StarkEx instance will be automatically migrated to the Starknet instance of the exchange.
    
*   **Fees:** 0 bps for reduce-only orders on StarkEx; otherwise, [regular trading fees](https://docs.extended.exchange/extended-resources/trading/trading-fees-and-rebates)
     apply on both StarkEx and Starknet.
    

#### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#stage-3-starkex-freeze)

Stage 3: StarkEx Freeze

*   **Duration:** Begins after Stage 2 and continues until all users withdraw their funds.
    
*   **Description:** All remaining positions on StarkEx will be force-closed at the latest Mark Price. The trading interface will no longer be available. Users will only be able to withdraw remaining funds through a dedicated withdrawal UI using the slow withdrawal mechanism. To access the Starknet instance of the exchange, users will first need to complete a slow withdrawal from StarkEx. Once the withdrawal is processed, they will be able to log in to Extended’s Starknet instance.
    
*   **StarkEx Trading:** Disabled. All positions force-closed at Mark Price
    
*   **StarkEx Deposits & Withdrawals:**
    
    *   Deposits: Disabled
        
    *   Withdrawals: Only slow withdrawals are supported through a dedicated withdrawal UI
        
    
*   **StarkEx Vault:**
    
    *   The vault is shut down
        
    *   All user funds are returned to depositors
        
    *   Users must withdraw these funds via slow withdrawals
        
    
*   **Points:** Distributed exclusively on Starknet. To access points accrued on the StarkEx instance of the exchange, users must first complete a slow withdrawal from StarkEx. Once the withdrawal is processed, they will be able to log in to Extended’s Starknet instance and access their points balance.
    

### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#migration-process-user-flow)

Migration Process: User Flow

Users will be guided through a dedicated migration page that handles all required steps. **The process includes:**

1.  Close All Open Orders and Positions. Close all open orders and positions across all sub-accounts. We recommend closing positions with reduce-only orders on StarkEx, as these will not incur trading fees.
    
2.  Consolidate Funds. Move funds from all sub-accounts into a single sub-account of your choice.
    
3.  Vault Funds. Funds held in the StarkEx vault do not require manual withdrawal. They will be migrated automatically.
    

Once all of the above steps are completed, go to the Migration page and click “Migrate.” The StarkEx interface will then transition to the Starknet UI with:

*   **Your funds—including your Vault balance—typically arriving within 45 minutes**. In rare cases, it may take up to 6 hours. You’ll receive a notification once the transfer is complete.
    
*   Points balances and complete trading history seamlessly transferred to the Starknet instance.
    

Existing StarkEx users with no funds or Vault balance on the exchange will be automatically migrated to Starknet at the start of Stage 1. No action is required.

⚠️ Please note: After migration, the StarkEx version of the exchange will no longer be accessible.

![](https://docs.extended.exchange/~gitbook/image?url=https%3A%2F%2F3693216602-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FThTVaNuyiBCaumOB7kqP%252Fuploads%252FmzRoDpd8H87DCxj19h24%252FGroup%25201900.png%3Falt%3Dmedia%26token%3D2ae057b0-99fc-4234-9205-189be67153c0&width=768&dpr=4&quality=100&sign=f190f9f0&sv=2)

### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#migration-for-referrals-and-affiliates)

Migration for Referrals and Affiliates

As soon as the migration starts, all referral commissions—whether from users who have migrated to Starknet or remain on StarkEx—will be accrued on Starknet. If an affiliate hasn’t migrated yet, they will still receive referral commissions on the Starknet instance and will be able to access them after completing the migration.

Starting with Stage 1, it will no longer be possible to create new referral links or activate referral codes on StarkEx. To create a new link, you’ll first need to migrate to Starknet. New users who join via your existing referral link will be onboarded to the Starknet version of the exchange.

⚠️ **Please note:** Starting from Stage 1, affiliates and their referrals on StarkEx will no longer earn Points for their activity. Points will only be accrued on Starknet.

### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#migration-for-api-traders)

Migration for API Traders

The API endpoints on the Starknet instance of the exchange will remain the same as on StarkEx, but the signing scheme will change.

You can find an example of the new Starknet signing scheme [herearrow-up-right](https://github.com/x10xchange/rust-crypto-lib-base/blob/main/src/lib.rs#L75)
, and we’ve also prepared a [Python SDKarrow-up-right](https://github.com/x10xchange/python_sdk/tree/starknet)
 for the Starknet instance for your convenience.

In addition to the signing scheme change, there are a few other minor differences for API traders between Starknet and StarkEx, which are covered in our [API documentationarrow-up-right](https://api.docs.extended.exchange/#starkex-to-starknet-migration)
.

We recommend implementing the new Starknet signing scheme as soon as possible to ensure a smooth migration. Our [testnetarrow-up-right](https://starknet.sepolia.extended.exchange/perp)
 is already live on Starknet Sepolia, and you can test your integration there.

If you have any questions, feel free to ask the team in the [Discordarrow-up-right](https://discord.gg/extendedapp)
 #devs channel.

### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#migration-faq)

Migration FAQ

#### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#how-long-will-the-migration-of-funds-take)

How long will the migration of funds take?

Your funds — including your vault balance — will typically arrive within 45 minutes, though in rare cases, it may take up to 6 hours. You will receive a notification once the transfer is complete.

#### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#will-my-points-be-migrated)

Will my points be migrated?

Yes, all of your accrued points will be migrated to the Starknet instance of the exchange.

**Will I need to pay fees to close my positions on StarkEx?**

At the start of the migration, fees for reduce-only orders on StarkEx will be waived. We recommend closing positions using reduce-only orders, as these will not incur trading fees.

#### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#will-i-be-able-to-see-my-past-trading-history-after-migration)

Will I be able to see my past trading history after migration?

Yes, complete trading history will be seamlessly transferred to the Starknet instance.

#### 

[hashtag](https://docs.extended.exchange/starknet-migration/migration-guide#do-i-need-to-migrate-if-i-only-have-funds-in-the-vault)

Do I need to migrate if I only have funds in the vault?

Yes, you will need to manually confirm the migration. However, funds held in the Vault do not require manual withdrawal—they will be migrated automatically once you confirm.

**Do I need to migrate if I don't have any funds on the exchange?**

No—existing StarkEx users with no funds or Vault balance will be automatically migrated to Starknet at the start of Stage 1. No action is required.

[PreviousRationale & Visionchevron-left](https://docs.extended.exchange/starknet-migration/rationale-and-vision)
[NextTradingchevron-right](https://docs.extended.exchange/starkex-specific-docs/trading)

Last updated 5 months ago

*   [Overarching Migration Logic](https://docs.extended.exchange/starknet-migration/migration-guide#overarching-migration-logic)
    
*   [Migration Stages](https://docs.extended.exchange/starknet-migration/migration-guide#migration-stages)
    
*   [Migration Process: User Flow](https://docs.extended.exchange/starknet-migration/migration-guide#migration-process-user-flow)
    
*   [Migration for Referrals and Affiliates](https://docs.extended.exchange/starknet-migration/migration-guide#migration-for-referrals-and-affiliates)
    
*   [Migration for API Traders](https://docs.extended.exchange/starknet-migration/migration-guide#migration-for-api-traders)
    
*   [Migration FAQ](https://docs.extended.exchange/starknet-migration/migration-guide#migration-faq)
    

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# Brand Kit | Extended Documentation

[Linkarrow-up-right](https://drive.google.com/drive/u/0/folders/162dHiqStgvD_TCqNjXbutKqFEFae5bKM)
 to Google Drive folder containing Extended media assets for third-party use.

[PreviousBounty programchevron-left](https://docs.extended.exchange/extended-resources/more/bounty-program)
[NextLegalchevron-right](https://docs.extended.exchange/extended-resources/legal)

Last updated 1 year ago

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# Privacy Policy | Extended Documentation

This Privacy Policy applies to all websites, applications, or services provided, owned, or operated by Extended and its affiliates (collectively, “Extended”). Extended values your privacy and wants you to understand how we collect, use, and disclose personal information.

DEFINITIONS

*   “Personal information” means information related to an identified or identifiable natural person.
    
*   “User” and “you” refer to the individual or entity using Extended’s websites, applications, or services.
    

ACCEPTANCE

By using Extended’s websites (in each case, as defined in the Terms of Use) and providing personal information, you accept the practices described in this Privacy Policy. All information provided by you, may be collected and used for things like keeping your information secure and determining your eligibility to use Extended’s services. Extended encourages you to be mindful of this when considering your activity on the Extended website. If you do not agree with the terms of this Policy, do not access or use the Website, or any other aspect of our business.

X10 Ltd., with a registered address at Oliaji Trade Center, 1st Floor, Victoria, Mahe, Seychelles, is the “data controller” for data protection purposes.

INFORMATION COLLECTION

When you interact with the Extended Website, we and/or our service providers may collect personal information about you from different sources listed below.

Directly Provided:

*   Contact Information: such as your email address.
    
*   Financial Information: such as your public Ethereum network address, cryptocurrency wallet IDs, other wallet information, transaction history, trading data, and associated fees paid.
    
*   Transaction Information: such as details of transactions made on or through services available on the Extended website, including the type of transaction, transaction amount, and timestamp.
    
*   Correspondence: such as your feedback, questionnaire and survey responses, and information provided to our support team, including via the Extended website or social media messaging channels.
    

Automated Collection:

*   Online Identifiers: such as username, geo-location, tracking details, browser fingerprint, operating system, browser name and version, and IP addresses.
    
*   Usage and Diagnostics Data: such as conversion events, user preferences, crash logs, device information, and other data collected via cookies and similar technologies.
    
*   Information from Cookies and Other Tracking Technologies: we, and authorized third parties, may use cookies, web beacons, and similar technologies to record your preferences, track website usage, including our mobile applications, and collect information about your use of the Website along with other data we collect about you. You may set your web browser to refuse cookies or alert you when cookies are being sent. However, please note that some parts of the Website may not function properly if you do so.
    

Third Parties:

Occasionally, we receive personal information about you from other sources, such as our affiliates and public databases. We may combine this information with data collected from our Website for our own purposes.

USAGE OF INFORMATION

Extended uses your information to operate and improve its services (new or existing), ensure security, manage user relationships, prevent fraud, and comply with legal and regulatory obligations. Legal grounds for processing include contractual commitments, legal and regulatory obligations, user consent, and Extended legitimate interests.

SHARING OF INFORMATION

Extended may share your information with service providers for hosting, maintenance, security, data analysis, and functionality improvement. Extended may also disclose user information if Extended believes, in good faith, that such disclosure is necessary to comply with legal requirements, protect against liability, and ensure the integrity and security of Extended.

NON-PERSONAL INFORMATION

Extended may share aggregated or anonymized data, such as user statistics.

GLOBAL OPERATIONS

Extended operates globally, and your data may be transferred, stored, and processed in any country where Extended conducts business. You authorize these transfers as permitted by law.

DATA RIGHTS AND REQUESTS

You have rights under data protection laws, including accessing, correcting, and deleting your data, objecting to direct marketing, and filing complaints. To exercise your rights, contact [\[email protected\]](https://docs.extended.exchange/cdn-cgi/l/email-protection)
.

In your request, please include your email address, name, and all relevant details. To protect your privacy and security, Extended may verify your identity before granting access or making corrections to your information. We will review and respond to such requests at our sole discretion, considering the applicable laws governing the processing of your personal information. If we have valid legal reasons to refuse your request, we will inform you accordingly.

DATA RETENTION

Extended retains data as long as necessary to fulfill the purposes described in this Privacy Policy and as required by law.

THIRD-PARTY SERVICES

Extended may link to third-party websites and services with different privacy practices. Review their policies separately.

ANALYTICS AND ADVERTISING

Extended uses third-party analytics and advertising providers that may use tracking technologies. Consult their privacy policies for details.

DATA SECURITY

Extended employs various security measures, though no system is completely secure. You transmit information at your own risk.

CHILDREN'S PRIVACY

Extended is not for users under 18. If you are the parent or guardian of a user under 18, contact Extended to delete their information.

MERGER OR SALE

In the event of a merger, acquisition, or sale, user information may be transferred or assigned.

CHANGES TO PRIVACY POLICY

Extended may update this Privacy Policy at any time. Continued use of Extended after changes indicates acceptance.

CONTACT INFORMATION

For questions or comments, contact Extended at [\[email protected\]](https://docs.extended.exchange/cdn-cgi/l/email-protection)
.

[PreviousRestricted Countrieschevron-left](https://docs.extended.exchange/extended-resources/legal/restricted-countries)
[NextRationale & Visionchevron-right](https://docs.extended.exchange/starknet-migration/rationale-and-vision)

Last updated 1 year ago

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# Rationale & Vision | Extended Documentation

Originally built on StarkEx, Extended established itself as a fast and efficient platform for perpetual trading. As we expand our product suite beyond perps — into **unified margin with integrated lending markets and spot trading** — we need a more composable and scalable foundation. Starknet aligns perfectly with this vision — and below, we’ll explain why.

### 

[hashtag](https://docs.extended.exchange/starknet-migration/rationale-and-vision#what-does-this-mean-for-users)

What does this mean for users?

Existing Extended users will need to migrate from the current StarkEx instance to the new Starknet instance. The migration process has been designed to be as seamless as possible and is explained here. New users will be onboarded directly to the Starknet instance.

With the launch of the Starknet instance of the exchange, users will experience no disruption in their trading experience. Starknet will function purely as a settlement layer, with all chain-specific logic fully abstracted.

Extended will also support Starknet-native users. However, **EVM users won’t need to set up a Starknet wallet or interact with the network for deposits or withdrawals.** Near-instant deposits and withdrawals will be supported across six major EVM-compatible chains, with Solana integration coming soon.

### 

[hashtag](https://docs.extended.exchange/starknet-migration/rationale-and-vision#why-starknet)

Why Starknet?

When selecting the optimal settlement layer for Extended, we focused on four key criteria:

1.  **Security** Starknet stands out as one of the most secure Layer 2 solutions. Recognized as a Stage 1 rollup, it meets critical decentralization and security requirements — as [highlighted by Vitalik Buterinarrow-up-right](https://x.com/VitalikButerin/status/1923988377474330775)
    .
    
2.  **Performance** With [~2 seconds transaction confirmation timearrow-up-right](https://www.starknet.io/blog/bolt-version-upgrade/)
     and an [average cost user operation as low as $0.000057arrow-up-right](https://www.starknet.io/blog/march-2025-roundup/)
    , Starknet is currently among the most cost-efficient rollups on Ethereum — enabling high throughput at a low cost essential for processing tens of thousands of trades.
    
3.  **Longevity** StarkWare, the inventors of STARKs and the team behind Starknet, has been building cryptographic infrastructure for over seven years. Through multiple market cycles, they’ve demonstrated technical resilience and strategic continuity.
    
4.  **Vision Alignment** Starknet’s ambition to become [the first Layer 2 to settle on both Bitcoin and Ethereumarrow-up-right](https://www.starknet.io/blog/starknet-bitcoin-scaling/)
     aligns with Extended’s roadmap to build a global unified margin. This will enable Extended to natively support BTC and its yield-bearing wrappers as collateral, marking a significant step toward broader capital efficiency and deeper liquidity.
    

### 

[hashtag](https://docs.extended.exchange/starknet-migration/rationale-and-vision#what-are-we-building-at-extended)

What are we building at Extended?

Extended is building an open financial ecosystem powered by a global unified margin, enabling users to deploy their crypto assets in the most capital-efficient way.

The first phase of this roadmap focuses on **integrating a native lending and borrowing market into Extended**. This will allow users to post any supported asset — including yield-bearing ones — as collateral and earn additional yield through the integrated lending layer.

For example, if a user deposits wstETH as collateral and incurs a negative PnL while trading USDC-settled perpetuals, this effectively means borrowing USDC — with interest paid to USDC lenders.

Once the native lending market is in place, we’ll **add spot markets to Extended’s offering** — expanding toward a cross-asset collateral unified margin with integrated perpetuals, lending, and spot trading.

To support this architecture, we are migrating to Starknet, which will serve as the settlement layer — securing user balances and validating transactions. It is a foundational element that makes the Extended ecosystem trustless, with protocol logic verified by a decentralized and externally trusted network.

### 

[hashtag](https://docs.extended.exchange/starknet-migration/rationale-and-vision#what-is-our-long-term-ambition)

What is our long-term ambition?

Unified margin will initially serve as a core internal product, designed to meet the needs of traders by enabling multi-asset collateral support and delivering one of the most capital-efficient trading systems in the market. However, the long-term vision for Extended goes far beyond that.

Following Hyperliquid’s success, many perpetual DEXs are now following the playbook of launching perps and then building a general-purpose chain — but Extended is taking a different path. We’ll be sharing more details soon, but briefly, the ambition is to build an **EVM-compatible network on top of Starknet, where unified margin logic is embedded directly into the base layer and exposed as an ERC-20 token accessible to all applications on the network**.

![](https://docs.extended.exchange/~gitbook/image?url=https%3A%2F%2F3693216602-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FThTVaNuyiBCaumOB7kqP%252Fuploads%252FqHlyizdP9aXKq8yuQRiI%252F43293027-1e1e-4f53-8189-2bb75ab5a256.png%3Falt%3Dmedia%26token%3D0f74af17-69d4-4c8a-8e33-1f4eecc53dc0&width=768&dpr=4&quality=100&sign=54bcc858&sv=2)

This means that core functions — such as margining with native, network-wide borrowing and lending, and liquidation — will be handled by the network itself rather than by individual applications.

The Extended network, with global unified margin at its core, will allow all applications within the network to access users’ available margin and share unified liquidity — reinforcing overall liquidity depth. From the user’s perspective, all activity will contribute to a single global margin account shared across applications, allowing them to manage one account instead of multiple app-specific ones and maximize capital efficiency by using the same margin across dApps.

### 

[hashtag](https://docs.extended.exchange/starknet-migration/rationale-and-vision#roadmap)

Roadmap

We’re following a three-step roadmap — **evolving from a Perp DEX into a full Open Financial Ecosystem powered by Native Unified Margin.** With the migration to Starknet, we're one step closer to completing Stage 1 and bringing to life our long-term vision — the Extended Ecosystem.

![](https://docs.extended.exchange/~gitbook/image?url=https%3A%2F%2F3693216602-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FThTVaNuyiBCaumOB7kqP%252Fuploads%252Fw4VHRet3R6l7fhbyz6F6%252F278d8fe2-f1bc-4557-8eec-b04c71bdc68c.png%3Falt%3Dmedia%26token%3D50499fc2-5516-4088-b791-69eefab4f37f&width=768&dpr=4&quality=100&sign=bf9d7a86&sv=2)

[PreviousPrivacy Policychevron-left](https://docs.extended.exchange/extended-resources/legal/privacy-policy)
[NextMigration Guidechevron-right](https://docs.extended.exchange/starknet-migration/migration-guide)

Last updated 7 months ago

*   [What does this mean for users?](https://docs.extended.exchange/starknet-migration/rationale-and-vision#what-does-this-mean-for-users)
    
*   [Why Starknet?](https://docs.extended.exchange/starknet-migration/rationale-and-vision#why-starknet)
    
*   [What are we building at Extended?](https://docs.extended.exchange/starknet-migration/rationale-and-vision#what-are-we-building-at-extended)
    
*   [What is our long-term ambition?](https://docs.extended.exchange/starknet-migration/rationale-and-vision#what-is-our-long-term-ambition)
    
*   [Roadmap](https://docs.extended.exchange/starknet-migration/rationale-and-vision#roadmap)
    

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# Deposits & Withdrawals | Extended Documentation

Since Extended smart contracts are deployed on the Ethereum blockchain and currently support only USDC as collateral, all native deposits and withdrawal requests are processed in USDC on the Ethereum blockchain.

For user convenience, we also support USDC deposits and withdrawals on Arbitrum for amounts under $100,000. This limit will be increased in the future.

### 

[hashtag](https://docs.extended.exchange/starkex-specific-docs/deposits-and-withdrawals#deposits)

Deposits

For deposits please note the following:

*   Users must cover the gas costs of their deposits, which means you need to have ETH on the chain you are depositing from in your connected wallet to cover these costs.
    
*   There is no minimum deposit requirement.
    
*   After a deposit is submitted, on Ethereum, we wait for 10 blocks (~2 minutes) before accepting it on the exchange. Deposits from Arbitrum are processed in under 30 seconds.
    
*   You can track the status of your deposit in the 'Transfers' table in the UI.
    

### 

[hashtag](https://docs.extended.exchange/starkex-specific-docs/deposits-and-withdrawals#withdrawals)

Withdrawals

We support two types of withdrawals: fast and slow. Extended doesn't charge fees on both types of withdrawals, but there are differences in processing.

**Fast withdrawals:**

*   On average, fast withdrawals are processed within 15 minutes, but in rare cases, they may take up to 1.5 hours.
    
*   The combined withdrawal limit for both Arbitrum and Ethereum fast withdrawals is $50,000 per 12 hours. This limit is expected to increase in the future.
    
*   A 1.1x multiplier on the current gas fee is applied to ensure transaction settlement in case of gas cost volatility.
    
*   In rare cases, fast withdrawals may be temporarily unavailable due to liquidity gaps in the exchange's Ethereum and/or Arbitrum wallets. If this occurs, please consider using slow withdrawals or trying again later.
    

**Slow withdrawals:**

*   With slow withdrawals, users can only withdraw USDC to Ethereum.
    
*   Slow withdrawals involve a two-step process. The first step initiates your withdrawal request, which is processed on Layer 2. Once your funds are ready (this can take up to 12 hours), users will receive a notification to claim funds to their wallet and at this point users need to cover the gas fees.
    
*   There is no maximum limit on the amount for slow withdrawals.
    

[PreviousTradFi Marketschevron-left](https://docs.extended.exchange/starkex-specific-docs/trading/tradfi-markets)
[NextSmart Contract Auditschevron-right](https://docs.extended.exchange/starkex-specific-docs/smart-contract-audits)

Last updated 5 months ago

*   [Deposits](https://docs.extended.exchange/starkex-specific-docs/deposits-and-withdrawals#deposits)
    
*   [Withdrawals](https://docs.extended.exchange/starkex-specific-docs/deposits-and-withdrawals#withdrawals)
    

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# Smart Contract Audits | Extended Documentation

Extended's on-chain logic and smart contracts have undergone extensive audits by external security firms. The audit reports are available below:

*   [ChainSecurityarrow-up-right](https://www.chainsecurity.com/security-audit/starkware-starknet-perpetual)
    ;
    
*   [Public audit competitionarrow-up-right](https://code4rena.com/reports/2025-03-starknet-perpetual)
    .
    

For detailed information on the Extended Technical Architecture, please refer to the [Technical Architecturearrow-up-right](https://extended.exchange/blog/extended-architecture)
 section.

[PreviousTroubleshooting Guidechevron-left](https://docs.extended.exchange/extended-resources/more/troubleshooting-guide)
[NextBounty programchevron-right](https://docs.extended.exchange/extended-resources/more/bounty-program)

Last updated 5 months ago

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# Platform Outage | Extended Documentation

Extended operates around-the-clock trading platform, aiming to achieve 100% uptime and connectivity for our clients at all times.

However, there are instances when the platform may face interruptions, either from scheduled maintenance or unforeseen system problems.

To address any disruptions, we equip our clients with several tools designed to handle the various types of downtime.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/platform-outage#advance-notifications)

Advance Notifications

Most cases of downtime are related to planned maintenance. For such instances, we will take the following actions:

*   Post a notification on Discord 24 hours before the maintenance begins, and repeat this notification 1 hour, and 10 minutes before maintenance starts.
    
*   Activate a maintenance page on the UI during the maintenance period.
    

In case of unplanned maintenance, we will:

*   Post a notification on Discord notifying users of the unexpected maintenance;
    
*   Activate a maintenance page on the UI during the maintenance period.
    

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/platform-outage#deadmans-switch)

Deadman's switch

At times, you may encounter connectivity issues or network downtime, which prevents your application from making requests.

To manage this, you can utilize the [Mass Auto-Cancelarrow-up-right](https://x10xchange.github.io/x10-documentation/#scheduled-mass-cancel-dead-man-39-s-switch)
 endpoint. This feature allows you to set a timeout period; if no new requests are made before this period expires, all orders will automatically be cancelled.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/platform-outage#post-only-period)

Post-only period

Upon restart, the exchange will operate in post-only mode for 120 seconds. During this time, users can only:

*   Cancel existing open orders;
    
*   Submit post-only orders.
    

During the post-only period:

*   Market orders and limit orders that would match against existing orders will be rejected;
    
*   Conditional and take-profit/stop-loss (TPSL) orders will not trigger;
    
*   Funding payments will not accrue;
    
*   Liquidations will not be processed; however, if a position becomes eligible for liquidation after trading resumes, liquidation(s) will proceed as usual.
    

[PreviousLeaderboardchevron-left](https://docs.extended.exchange/extended-resources/more/leaderboard)
[NextTestnetchevron-right](https://docs.extended.exchange/extended-resources/more/testnet)

Last updated 5 months ago

*   [Advance Notifications](https://docs.extended.exchange/extended-resources/more/platform-outage#advance-notifications)
    
*   [Deadman's switch](https://docs.extended.exchange/extended-resources/more/platform-outage#deadmans-switch)
    
*   [Post-only period](https://docs.extended.exchange/extended-resources/more/platform-outage#post-only-period)
    

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# Bounty program | Extended Documentation

We offer rewards for identifying and reporting bugs or vulnerabilities that critically affect the Extended Exchange in a live environment, including those that could cause functionality disruptions or unintended financial consequences.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/bounty-program#program-rewards)

Program Rewards

Rewards will be paid in USDC, with amounts determined at Extended’s sole discretion based on the severity of the vulnerability. Payout ranges are as follows:

*   Critical (up to $500,000): Bugs or exploits causing unintended financial consequences.
    
*   High (up to $50,000): Issues leading to network downtime or liveness failures.
    
*   Medium (up to $5,000): Performance issues affecting the API server.
    

All bounty submissions will be classified accordingly, though classification criteria may change over time.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/bounty-program#submission-process)

Submission Process

*   Prepare a detailed report, including clear reproduction steps and a proof of concept.
    
*   Submit your report to **[\[email protected\]](https://docs.extended.exchange/cdn-cgi/l/email-protection)
    **
    
*   If multiple individuals or entities report the same bug, only the first submission will be considered.
    
*   Rewards will be distributed in USDC on Ethereum for responsibly disclosed bugs, based on severity.
    
*   We commit not to take legal action against researchers acting in good faith and following program guidelines.
    
*   We appreciate the time and effort put into every bug report.
    

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/bounty-program#eligibility)

Eligibility

To be eligible:

*   You must be the first to report the vulnerability.
    
*   The vulnerability must qualify under the program.
    
*   You must report any vulnerability within 24 hours of discovery.
    
*   You must not be a current or former employee or contractor of Extended.
    
*   You must comply with KYC/KYB policies.
    
*   You must maintain confidentiality until authorized for disclosure.
    
*   We must be able to reproduce your findings.
    
*   Contributors to the development of the affected code are not eligible to submit findings on that code.
    

The Extended Security Team also actively searches for vulnerabilities. We appreciate cooperation in respecting final decisions and avoiding repeated negotiations.

### 

[hashtag](https://docs.extended.exchange/extended-resources/more/bounty-program#program-rules)

Program Rules

*   The SDK is out of scope for the bounty program.
    
*   Do not use web application scanners for automated vulnerability scanning that generates excessive traffic.
    
*   Avoid using automated scanners to spam forms or create multiple accounts.
    
*   Avoid causing damage or limiting the availability of products, services, or infrastructure.
    
*   Do not compromise personal data or cause service interruptions or degradation.
    
*   Do not access or alter other users' data—keep all tests confined to your own accounts.
    
*   Conduct testing strictly within the defined scope.
    
*   Do not exploit DoS/DDoS vulnerabilities, engage in social engineering attacks, or participate in spamming.
    
*   Stay within legal and program-defined boundaries.
    
*   Do not disclose details of discovered vulnerabilities to anyone outside authorized company personnel without explicit permission.
    

[PreviousSmart Contract Auditschevron-left](https://docs.extended.exchange/extended-resources/more/smart-contract-audits)
[NextBrand Kitchevron-right](https://docs.extended.exchange/extended-resources/more/brand-kit)

Last updated 7 months ago

*   [Program Rewards](https://docs.extended.exchange/extended-resources/more/bounty-program#program-rewards)
    
*   [Submission Process](https://docs.extended.exchange/extended-resources/more/bounty-program#submission-process)
    
*   [Eligibility](https://docs.extended.exchange/extended-resources/more/bounty-program#eligibility)
    
*   [Program Rules](https://docs.extended.exchange/extended-resources/more/bounty-program#program-rules)
    

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# Terms of Use | Extended Documentation

THE EXTENDED INTERFACE, AS DEFINED HEREIN, IS NOT ACCESSIBLE TO INDIVIDUALS OR ENTITIES RESIDING IN, LOCATED IN, INCORPORATED IN, OR WITH A REGISTERED OFFICE IN ANY COUNTRY LISTED AS RESTRICTED ON THE EXTENDED WEBSITE, WHICH MAY BE UPDATED PERIODICALLY (REFERRED TO COLLECTIVELY AS 'RESTRICTED PERSONS'). NO EXCEPTIONS ARE MADE; THUS, IF YOU ARE CLASSIFIED AS A RESTRICTED PERSON, YOU ARE PROHIBITED FROM ATTEMPTING TO ACCESS THE EXTENDED INTERFACE. ADDITIONALLY, CIRCUMVENTING THESE RESTRICTIONS USING A VIRTUAL PRIVATE NETWORK (‘VPN’) IS EXPRESSLY FORBIDDEN.

These Terms of Use, along with any documents and additional terms expressly incorporated by reference (collectively referred to as "these Terms"), which include any other terms and conditions or agreements that X10 Ltd. and its affiliates ("X10", "Extended," "we," "us," and "our") make publicly available or provide to you or the company or other legal entity you represent ("you" or "your"), govern the agreement between Extended and you regarding your access to and use of:

1.  Extended’s websites, including extended.exchange; web applications; mobile applications; and all associated sites linked by Extended (hereinafter collectively with any materials and services available therein, and successor website(s) or application(s) thereto, referred to as the "Site");
    
2.  All products and features available through the Site, including the order book, matching engine, smart contracts, decentralized applications, APIs, and all other software developed by Extended or a third party for trading blockchain-based assets ("Digital Assets"). This encompasses entering into perpetual contracts ("Perpetual Contracts") related to Digital Assets and the computation and scalability service known as “StarkEx” (the "StarkEx Service") (collectively referred to as the "Interface").
    

Please read these Terms carefully as they govern your use of our Services. These Terms specifically outline your rights and obligations, along with our disclaimers and limitations of legal liability, concerning your access to and use of the Services. By accessing the Site, creating an Extended account, and agreeing to use our Services, you are explicitly agreeing to these Terms and consent to be bound by and adhere to them. If you do not agree with these Terms, you are required not to access or use the Services. We strongly advise you to review the disclosures and disclaimers detailed in Section 12 thoroughly before using any software developed by Extended.

Section 12 contains important information regarding the legal responsibilities tied to your use of the Services. By accessing or using the Services, you acknowledge that Extended does not offer execution, settlement, or clearing services of any kind and is not liable for the execution, settlement, or clearing of transactions conducted through the Services. This understanding is essential for ensuring that you are fully aware of the nature of the services provided by Extended.

1\. MODIFICATIONS TO THESE TERMS

We reserve the right to amend these Terms at our sole discretion. Should there be any changes, we will notify you, either through the Services or by updating the "Last Updated" date at the top of these Terms. Unless specified otherwise in our notice, all modifications take effect immediately. Your continued use of the Services after we provide this notice constitutes your acceptance of the changes. If you do not agree to the revised Terms, you must cease using the Site and the Services.

2\. USE OF SERVICES

2.1 As a prerequisite to accessing or utilizing the Services, you affirm and warrant to Extended the following conditions:

*   If you are an individual agreeing to these Terms, you certify that you are legally of age within your jurisdiction and possess the requisite legal capacity to enter into and be governed by these Terms.
    
*   If these Terms are being entered on behalf of an entity, you confirm that you hold the authority to legally bind that entity to these Terms. In this context, “you” refers to that entity, except as specified in this clause.
    
*   Should you be engaging with these Terms to access or intend to access the Interface in the future, you assert that you are neither a Restricted Person nor accessing the Interface from any nation outlined in our Restricted Countries list.
    
*   You declare that you are not subject to any economic or trade sanctions managed or enforced by any governmental authority, nor are you identified on any list of prohibited or restricted parties.
    
*   You have no intentions of engaging in transactions with any Sanctioned Persons.
    
*   You will refrain from using a VPN or any other privacy or anonymization techniques to evade or attempt to evade any applicable restrictions on the Services.
    
*   Your engagement with the Services (a) complies with and does not infringe upon any applicable domestic or international laws, rules, statutes, regulations, by-laws, orders, protocols, codes, decrees, or other governing directives, requirements, or guidelines, as well as any rules, orders, judgments, directives, or requirements issued by any relevant governmental, regulatory, judicial, or administrative authority, and (b) does not promote or facilitate any illegal activities.
    

2.2 As a condition of accessing or using the Services, you must acknowledge, understand, and consent to the following stipulations:

*   Occasionally, the Services may be inaccessible or non-operational due to various factors including: (a) equipment malfunctions, technology or infrastructure issues; (b) routine maintenance carried out by Extended or our suppliers or contractors; (c) unforeseeable or uncontrollable factors beyond Extended's control; (d) interruptions or the temporary or permanent unavailability of underlying blockchain infrastructure; or (e) the unavailability of third-party service providers or external partners for any reason. Extended disclaims all responsibility and liability for any losses or other damages resulting from such circumstances.
    
*   We retain the right to modify or disable access to the Services at any time in the event of a breach of these Terms. This includes situations where we suspect that any of your representations and warranties may be false or misleading. We will not be liable for any losses or damages you may incur as a result of the Services being inaccessible to you at any time or for any reason.
    
*   The Services may undergo evolution, which may lead Extended to apply changes, replace, or discontinue the Services either temporarily or permanently at our sole discretion.
    
*   The pricing information and other data provided on the Site should not be interpreted as (i) an offer, a solicitation of an offer, or a recommendation to engage in a transaction with Extended (except for the payment of fees to Extended) or (ii) any transactional advice using the Site and Services.
    
*   Extended does not act as an agent for you or any other user of the Services.
    
*   You are solely responsible for your use of the Services, including all transactions involving Digital Assets.
    
*   To the extent permitted by applicable law, we owe no fiduciary duties or liabilities to you or any third party. Any such duties or liabilities that may exist by law or equity are hereby irrevocably disclaimed, waived, and eliminated.
    
*   You bear sole responsibility for reporting and remitting any taxes applicable to your use of the Services.
    
*   We do not control, nor are we liable for, the delivery, quality, safety, legality, or any other aspect of any Digital Assets that you may transfer to or from a third party. We are not responsible for ensuring that a transaction with a third party is completed or that such a party is authorized to transact.
    
*   We may occasionally organize contests, promotions, sweepstakes, or other activities, or offer referral programs ("Promotions and Referrals"), which may be subject to separate terms and conditions and eligibility requirements. It is your responsibility to review all terms and conditions related to these Promotions and Referrals to determine your eligibility. Participation in these activities implies your agreement to comply with all related terms and conditions and rules, as well as those of any third-party partners.
    
*   Should you receive discounts on fees from any Promotions and Referrals that do not have separate terms and conditions, Extended reserves the right to modify, add to, or eliminate such discounts and other aspects of the Promotions and Referrals at any time.
    

2.3 As a condition for accessing or using the Services, you agree to the following commitments to Extended:

*   You will only transfer Digital Assets that you have legally obtained and that belong to you in the course of using the Services.
    
*   You will adhere to all applicable laws while using the Services, and you will refrain from using the Services if the laws of your country, or any other relevant legal requirements, prohibit such use.
    
*   Any Digital Assets you engage with in connection with the Services are either your own property, or you have proper authorization to manage transactions using such Digital Assets.
    
*   In addition to adhering to all restrictions, prohibitions, and conditions outlined in these Terms, you will also: (a) Ensure that all information you provide on the Site and throughout your use of the Services remains current, complete, and accurate at all times. (b) Maintain the security and confidentiality of all your access tools, including your private keys linked to your public Ethereum address, passwords, API keys, and private keys associated with your StarkEx Service account (STARK keys), among other credentials.
    

2.4 As a prerequisite for accessing or using the fiat-to-crypto and crypto-to-fiat services ("On-and-Off Ramp Services") offered by an unaffiliated third-party provider, you acknowledge, understand, and agree to the following stipulations:

*   The On-and-Off Ramp Services are provided directly by the third-party service provider and are not facilitated by Extended.
    
*   Any transactions related to the purchase or sale of cryptocurrency in exchange for value (including fiat, cryptocurrency, and loans) with On-and-Off Ramp Services will only occur once you have exited the Site and the Services.
    
*   All transactions involving the transfer of value (including sending, receiving, and holding value) will take place directly between your wallet address and the third-party On-and-Off Ramp Services provider.
    
*   Restricted Persons are not permitted to use the Interface, and thus, the On-and-Off Ramp Services are not available to any Restricted Persons in relation to the Interface.
    
*   Any information you provide to the third-party On-and-Off Ramp Services provider, including payment or KYC details, will not be shared with Extended.
    
*   You agree to release Extended from any liability concerning any transactions or transmissions between you and the third-party On-and-Off Ramp Services provider.
    

3\. FEES

When you use the Services, unless otherwise stated during a promotion by Extended, you are required to cover all fees associated with interactions on the Ethereum blockchain, such as "gas" costs for deposits and withdrawals, as well as other fees like trading fees, as listed on the Site at the time of your usage. Although we make every effort to provide accurate fee estimates, please be aware that these are still estimates. The actual fees you pay may differ from these estimates due to fluctuations in Ethereum "gas" costs or other variables

4\. NO PROFESSIONAL ADVICE OR FIDUCIARY DUTIES

All information provided in relation to your access to and use of the Services is solely for informational purposes and should not be interpreted as professional advice. You should neither act nor refrain from acting based on any information available on the Site or any other content we provide, including but not limited to blog posts, data, articles, links to third-party content, Discord content, news feeds, tutorials, tweets, and videos. Prior to making any decisions involving financial, legal, or other significant issues related to the Services, you should consult with a professional who is licensed and qualified to provide advice in the relevant area. The Terms do not create or imply any fiduciary duties on our part. You acknowledge and agree that the only duties and obligations we owe to you are those explicitly stated in these Terms.

5\. PROHIBITED ACTIVITY

You are prohibited from engaging in the activities listed below (“Prohibited Uses”) while using the Services. The activities specified are indicative, but not exhaustive, of Prohibited Uses. If you are unsure whether your usage of the Services constitutes a Prohibited Use, or if you have questions about how these regulations apply to you, please contact us at [\[email protected\]](https://docs.extended.exchange/cdn-cgi/l/email-protection)
. By using the Services, you agree not engage in any of the following Prohibited Uses:

*   Violating any applicable laws, including anti-money laundering, anti-terrorist financing laws, and sanctions programs.
    
*   Engaging in transactions involving items that infringe or violate copyright, trademark, right of publicity or privacy, or any other proprietary right under applicable law. This includes unauthorized use of Extended’s or our licensors’ intellectual property, name, or logo; or any actions that falsely imply an endorsement by or affiliation with Extended.
    
*   Engaging in improper or abusive trading practices. This includes, but is not limited to: (a) any fraudulent activities intended to defraud, deceive, trick, or mislead; (b) trading ahead of another user of the Services or front-running; (c) engaging in fraudulent trading; (d) accommodation trading; (e) conducting fictitious transactions; (f) pre-arranging or participating in non-competitive transactions; (g) cornering or attempting to corner any perpetual contracts; (h) wash trading, which involves entering buy and sell orders at approximately the same price, volume, and time to artificially generate trading volume; (i) manipulating the market price of a perpetual contract or its underlying digital asset to create an artificial price; (j) spoofing, or placing buy or sell orders without a genuine intent to transact, with plans to cancel before execution; (k) executing orders that result in no net change in either party's open positions but result in a profit for one party and a loss for the other, known as a "money pass"; (l) engaging in any other trading activities that, in the reasonable judgment of Extended, are considered abusive, improper, or disruptive to the operation of the Interface.
    
*   Operating the Services in ways that could interfere with others' ability to enjoy them fully, or that could harm, overload, damage, or impair the functionality of the Site or the Services.
    
*   Bypassing any content-filtering techniques, security measures, or access controls implemented by Extended on the Site, including through the use of VPNs.
    
*   Using robots, spiders, crawlers, scrapers, or other automated methods or interfaces not provided by us to access the Services, extract data, or introduce harmful elements like malware, viruses, Trojan horses, worms, logic bombs, drop-dead devices, backdoors, or shutdown mechanisms into the Site or Services.
    
*   Providing information that is false, inaccurate, or misleading while using the Services, or engaging in fraudulent activities against Extended, other users, or any other individuals.
    
*   Using or accessing the Services to transfer or exchange Digital Assets derived from any illegal or fraudulent activities, including terrorism or tax evasion.
    
*   Using the Services in ways that, at our sole discretion, we find to be defamatory, libelous, obscene, indecent, lewd, vulgar, suggestive, harassing, threatening, inflammatory, fraudulent, deceptive, or in any way objectionable, or that could incite, promote, or encourage hate, violence, or racial intolerance.
    
*   Accessing the Services from any jurisdiction that Extended has identified, at our sole discretion, as a prohibited location where the use of our Site, the Interface, or the Services is not allowed, including any Blocked Countries or Restricted Territories.
    
*   Harassing, abusing, or harming another individual, including employees and service providers of Extended.
    
*   Impersonating another user of the Services or misrepresenting your identity in any way.
    
*   Engaging, or attempting to engage, or assisting or encouraging any third party to partake in any activities that are prohibited under this Section 5 or any other provisions of these Terms.
    

We reserve the right, at our sole discretion, to deny access to the Services if a Know Your Transaction (KYT) risk assessment indicates that an engagement poses a risk beyond our company's risk tolerance or violates our internal policies and procedures. This measure is implemented to uphold the integrity and security of our Services for all users.

6\. CONTENT

By utilizing our Site or Services, you provide us with a royalty-free, fully paid, sublicensable (across multiple tiers), transferable, perpetual, irrevocable, and non-exclusive global license to use, replicate, modify, create derivatives from, display, perform, publish, and distribute any content that you share with other users (collectively referred to as "Your Content"). This license also includes the right to use Your Content for promoting Extended or the Services. You affirm and guarantee that (a) you possess Your Content or have secured the necessary rights to grant the licenses and rights outlined in these Terms, and (b) our use of Your Content, as authorized under these Terms, does not and will not infringe on the rights of any third party, including copyright, privacy, or other personal or proprietary rights.

7\. PROPRIETARY RIGHTS

7.1. You agree that specific components of the Services might incorporate or connect to open-source software, and your usage of the Services is bound by, and you agree to adhere to, all relevant open-source licenses governing such components (hereafter referred to as the “Open-Source Licenses”). In compliance with these licenses, you are prohibited from (a) reselling, leasing, loaning, sharing, distributing, or allowing any third party to utilize the Services; (b) using the Services for time-sharing or service bureau purposes; or (c) using the Services in any way that contravenes the Open-Source Licenses.

7.2. Excluding third-party software incorporated into the Services, Extended retains ownership of the Services, including all technologies, content, and other materials presented, used, or provided on the Site or in association with the Services (including all intellectual property rights contained therein, irrespective of their status under the Open-Source Licenses). Extended grants you a limited, non-exclusive, revocable, non-transferable, non-sublicensable license to access and use those parts of the Site and Services that are proprietary to Extended and not covered by the Open-Source Licenses.

7.3. All trademarks related to Extended’s products or services, including logos and other marks that appear on the Site or as part of the Services, such as Extended’s name and logo, are owned by Extended or our licensors. You are forbidden from copying, imitating, or using them without the explicit prior written approval from Extended or the respective licensors. This agreement does not confer any rights to these trademarks, and you must not remove, conceal, or modify any legal notices shown in or along with the Site or Services.

7.4. The Services are non-custodial. Depositing Digital Assets into any smart contract available on the Interface does not transfer ownership of the Digital Assets to Extended, and you maintain control over your Digital Assets at all times. Only the private key linked to the Ethereum address from which you transfer Digital Assets, or the private key linked to your StarkEx Service account (STARK key), has the authority to control the Digital Assets you deposit into the smart contracts available on the Interface.

8\. LINKS

The Services or third parties may provide links to other websites, applications, or resources on the World Wide Web. You acknowledge and agree that Extended is not responsible for the availability of such external sites, applications, or resources, and does not endorse and is not liable for any content, advertising, products, or materials on or available from such sites or resources. You further acknowledge and agree that Extended will not be liable, directly or indirectly, for any damage or loss caused by or in connection with your use of or reliance on any such content, goods, or services available on or through any external site or resource.

9\. MODIFICATION, SUSPENSION, AND TERMINATION

We reserve the right, at our sole discretion, to modify, suspend, or discontinue the Services (or any part thereof), temporarily or permanently, at any time and from time to time, with or without notice to you, for any reason whatsoever, including but not limited to reasons that may allow only open Perpetual Contracts to be closed. Should your access be terminated, your right to use the Services will immediately cease. We will not be liable for any losses you suffer due to any modification, suspension, or discontinuance of the Services, or due to any modification, suspension, or termination of your access to the Services for any reason.

The following sections of these Terms will survive any termination of your access to the Site or the Services, regardless of the reason for its expiration or termination, as well as any other provision which by law or by its nature should survive.

10\. RISKS

10.1. By using the Services, you acknowledge and agree that you fully understand the risks associated with blockchain technology and cryptographic systems. These risks include those related to digital assets such as Ethereum (ETH), smart contract-based tokens, and other systems that operate within blockchain networks. Extended does not control or own any of the software that forms the basis of these blockchain networks. It's important to note that:

*   Extended is not responsible for managing the blockchain-based software and networks that support the Services.
    
*   There is no assurance regarding the functionality, security, or availability of such software and networks.
    
*   Blockchain networks may undergo sudden changes in their operational rules, commonly known as "forks," which can significantly impact the Services.
    

Blockchain technologies rely on public and private key cryptography, where you are solely responsible for the security of your private keys. We do not possess access to your private keys. Loss of control over your private keys will result in the permanent and irreversible loss of access to your digital assets stored on blockchain networks such as Ethereum. If you lose your private keys:

*   You will be unable to transfer your digital assets to another blockchain address or wallet.
    
*   Consequently, you may lose all potential value or utility of your digital assets, as neither Extended nor any other entity can recover or safeguard them for you.
    

10.2. You acknowledge and understand that the Services, as well as your Digital Assets, may be affected by regulatory inquiries or actions. Such regulatory measures could restrict or impede Extended's ability to continue providing our proprietary software, and may also limit your access to or use of the Services. It is important to be aware of the potential legal challenges that could influence your interactions with the platform and the management of your assets.

10.3. You acknowledge and understand that cryptography is an evolving field, with new advancements such as enhanced code-cracking techniques and the development of quantum computers posing potential risks to Digital Assets and the Services. These technological advancements could lead to the theft or loss of your Digital Assets. While we strive to regularly update the smart contracts on the Interface to incorporate the latest in cryptographic security measures, we must clarify that these updates cannot guarantee the complete security of the Services. Such efforts are intended to mitigate risks associated with technological progress, but they do not eliminate all potential vulnerabilities.

10.4. You understand that the Ethereum blockchain is still under development, which introduces certain technological and security risks when using the Services. This ongoing development can also lead to uncertainties regarding Digital Assets and their transactions. Additionally, you acknowledge that the costs associated with transacting on the Ethereum blockchain are variable and can increase without warning. Such increases may affect your activities on the blockchain, potentially leading to price fluctuations or higher costs when using the Services. This variability is an inherent risk of engaging with blockchain technology in its developmental stages.

10.5. You recognize that the Services, like any software, are not free from flaws. You accept that it is your responsibility to evaluate any code related to the Services before use. This evaluation is crucial to understanding and mitigating potential risks associated with software defects or vulnerabilities.

10.6. The APIs provided through the Services are offered on an "as is" and "as available" basis. We expressly disclaim any and all representations and warranties related to the APIs, whether express or implied, to the fullest extent permitted by law. This includes, but is not limited to, warranties of accuracy, completeness, reliability, service levels, timeliness, non-infringement, title, quality, merchantability, or fitness for a particular purpose. By using these APIs, you acknowledge that you bear all risks associated with their use, including any reliance on their accuracy, completeness, or usefulness.

10.7. To the extent permitted by law, we shall not be liable for any losses or damages you or any third party may incur, whether in contract, tort (including negligence), restitution, or breach of statutory duty, relating to the use or inability to use the APIs. This includes, but is not limited to, any loss or inaccuracy of data, costs, indirect, incidental, or consequential damages such as lost revenues and lost profits arising from your or any third party's use of the APIs, whether authorized or not. It is important to note that you are responsible for any actions or omissions of any third party or API client that you authorize to use the APIs.

Your API Key serves as our primary method of verifying your access to the API. You must ensure the security of your API Key, as you will be solely responsible for any breaches or compromises resulting from it. We will not be liable for carrying out any instructions or commands that may be issued using your API Key by any unauthorized third party. You must notify us immediately if you become aware of any unauthorized use of the APIs or the Service Data through your API Key.

10.8. Using the Services, especially for trading Perpetual Contracts, involves significant financial risk. Both Digital Assets in general and Perpetual Contracts specifically are experimental, highly risky, and volatile. All transactions made through the Services are irreversible, final, and non-refundable. By using the Services, you acknowledge that you do so at your own risk, and it is essential to assess whether your financial situation and risk tolerance are suitable for such trading activities. When you use the Services, you confirm that you are solely responsible for performing your own risk assessments concerning any transactions and the Digital Assets involved, including Perpetual Contracts. You must have the requisite market knowledge, professional advice, and experience to assess the risks and benefits of any transactions accurately. You accept all consequences of using the Services, including the potential permanent loss of access to your Digital Assets. All transaction decisions are entirely your responsibility. Despite any contrary terms, we are not liable for any losses or damages that you or any third party may incur from using the Services to engage in Digital Asset transactions, including Perpetual Contracts.

10.9. We are obligated to comply with all applicable laws, which may necessitate certain actions or the provision of information upon request by government agencies. You acknowledge and understand that Extended has the discretion to take any measures it considers necessary to cooperate with government entities or to adhere to legal requirements.

10.10. You understand that the StarkEx Service is still under development, which introduces various technological and trading risks when using the Services. These risks can include delays in trades, withdrawals, and deposits due to Extended servers or the operators of the StarkEx Services being offline. Additionally, there may be inaccuracies such as incorrect information displayed on the site due to server errors, or even transactions being rolled back if server errors occur. You acknowledge that these issues can significantly affect your transactions using the Services, potentially preventing transactions from being completed at your desired prices or at all.

10.11. You understand that you are responsible for all trades you initiate, including any erroneous orders that may be executed. We do not intervene or take any action to correct erroneous trades that occur due to your mistakes.

10.12. By using the Services, you accept and assume all risks detailed in Sections 10 and 2 of these Terms. You acknowledge and agree that Extended is not responsible or liable for any of these risks. You irrevocably waive, release, and discharge all claims, whether currently known or unknown to you, against Extended and its shareholders, members, directors, officers, employees, agents, representatives, suppliers, and contractors ("Representatives") related to any risks mentioned in Sections 10 and 2.

11\. INDEMNIFICATION

You agree to defend, indemnify, and hold harmless Extended and our Representatives (collectively, "Indemnified Parties") from any claims, demands, lawsuits, actions, proceedings, investigations, liabilities, damages, losses, costs, or expenses, including reasonable attorneys’ fees, that arise from or relate to: (a) your use of, or conduct in connection with, the Services; (b) Digital Assets associated with your Ethereum address; (c) any feedback or user content you provide to Extended regarding the Services; (d) your breach of these Terms; or (e) your violation or misappropriation of any third party's rights. Should you be required to indemnify any Indemnified Party, Extended (or, at our discretion, the relevant Indemnified Party) reserves the right to exclusively control any action or proceeding and to decide if and how to settle the dispute. You are also required to cooperate with Extended in defending against these claims.

12\. DISCLOSURES AND DISCLAIMERS

12.1. Extended develops software but does not operate a Digital Asset or derivatives exchange platform, nor does it offer trade execution or clearing services. Extended has no oversight, involvement, or control over your transactions using the Services. All transactions between users of the Interface are conducted peer-to-peer directly between the users’ Ethereum addresses via a smart contract. You are solely responsible for ensuring compliance with all Applicable Laws regarding your Digital Assets.

12.2. Extended is not registered or licensed by any regulatory agency or authority, and no such body has reviewed or endorsed the Services.

12.3. To the maximum extent permitted under Applicable Law, the Services and any related content or functionality are provided on an “AS IS” and “AS AVAILABLE” basis. We expressly disclaim, and you waive, any representations, conditions, or warranties of any kind, whether express or implied, legal, statutory, or arising otherwise from statute, law, course of dealing, or usage of trade. This includes, but is not limited to, warranties of merchantability, quality, fitness for a particular purpose, title, security, reliability, accuracy, quiet enjoyment, and non-infringement of third-party rights. We do not guarantee that the Services will be uninterrupted, timely, secure, or error-free, nor do we warrant that any defects in the Services will be corrected.

12.4. You acknowledge that data you provide while using the Services may be lost, corrupted, or temporarily unavailable due to various factors, including technical failures, protocol changes by third-party providers, or force majeure events. To the maximum extent permitted by law, we are not liable for any loss or damage caused by such occurrences, which may affect the Services and your use thereof.

13\. LIMITATION OF DAMAGES; EXCLUSION OF CONSEQUENTIAL AND RELATED DAMAGES

13.1. You agree that neither Extended nor any of its Representatives shall be liable for any loss or injury resulting from: (i) delays, inaccessibilities, or malfunctions in equipment or technology; (ii) periodic maintenance or repairs undertaken by Extended or its suppliers or contractors; (iii) events beyond Extended’s reasonable control or unforeseeable events; (iv) disruptions or the unavailability of the underlying blockchain infrastructure; or (v) the unavailability of third-party service providers or external partners for any reason. Extended and its Representatives will not be obligated to cover or reimburse any damages or losses resulting from the aforementioned scenarios. You acknowledge and accept all risks of loss from these events, agreeing to bear them solely.

13.2. In no event will Extended, its suppliers, contractors, or any of their respective stockholders, members, directors, officers, employees, attorneys, agents, or representatives be liable for any incidental, indirect, special, punitive, consequential, or similar damages arising from or connected with the Services, including but not limited to loss of fiat, assets, data, revenue, opportunities, goodwill, profits, or other financial benefits. This applies whether the damages arise from use of the Services, transaction execution or settlement, performance or non-performance of the Services, and regardless of the legal theory of liability (contract, tort including negligence, strict liability, breach of warranty, civil liability, or any other legal theory). This exclusion applies even if Extended has been advised of, knew, or should have known the possibility of such damages. These limitations apply notwithstanding any failure of essential purpose of these Terms or any remedy.

14\. LIMITATION OF LIABILITY

Notwithstanding any other provision in these Terms, if Extended or any associated party is deemed liable under these Terms, the total liability of Extended (along with our equity owners, members, directors, managers, officers, employees, attorneys, agents, representatives, suppliers, and contractors) related to your use of the Services (including their content and functionality), any performance or non-performance of the Services, your Digital Assets, Perpetual Contracts, or any other product, service, or item provided by or on behalf of Extended, regardless of whether the claim arises under contract, tort (including negligence), civil liability, statute, strict liability, or another theory of liability, shall not exceed the total amount of fees you have paid to Extended under these Terms within the two (2) months immediately preceding the event that gave rise to the claim.

15\. DISPUTE RESOLUTION AND GOVERNING LAW

15.1. You and Extended agree that any disputes arising from or related to these Terms or the Services will be handled on an individual basis and shall be subject to the exclusive jurisdiction of the courts of England and Wales.

15.2. Before filing any formal legal action, you agree to attempt to resolve any dispute with Extended informally. To initiate this process, you must send a written notice of your claim ("Notice") to Extended by email at [\[email protected\]](https://docs.extended.exchange/cdn-cgi/l/email-protection)
. Your Notice must include: (a) your name, residential address, email address, and telephone number; (b) a detailed description of the nature and basis of the claim; and (c) the specific relief or resolution you are seeking.

16\. GENERAL INFORMATION

16.1. Please review our privacy policy for details on how we collect, use, share, and process your information. This policy is incorporated by reference and can be found [here](https://docs.extended.exchange/extended-resources/legal/privacy-policy)
.

16.2. You agree to receive all communications related to these Terms or the Services electronically. These may include agreements, documents, receipts, notices, and disclosures, collectively termed as "Communications". We may provide Communications by posting them on the Site or by emailing them to the address you provided. It is recommended that you keep copies of all Communications, either by printing or storing electronically. For any inquiries, complaints, or claims related to the Services, please contact us at [\[email protected\]](https://docs.extended.exchange/cdn-cgi/l/email-protection)
.

16.3. The rights and remedies available to Extended under these Terms are in addition to, and not a substitute for, any other rights or remedies provided under applicable law, or recognized by common law or equity. No failure or delay by Extended in exercising any right, power, or privilege under these Terms shall act as a waiver of such rights.

16.4. If any provision of these Terms is found to be invalid or unenforceable, this will not affect the validity or enforceability of the remaining provisions, which will continue to be in full force and effect.

16.5. We are not responsible or liable for any failure or delay in the performance of the Services, or for any loss or damage you may incur, resulting from circumstances or events beyond our control. This includes, but is not limited to, natural disasters like floods and earthquakes, extraordinary weather conditions, other acts of God, fires, wars, insurrections, riots, labor disputes, accidents, governmental actions, communication breakdowns, power failures, or equipment or software malfunctions.

16.6. You are not permitted to assign or transfer any rights to use the Services, or any of your rights or obligations under these Terms, without our express prior written consent. This restriction applies whether such assignment or transfer would occur by operation of law or in connection with any change of control. Conversely, we reserve the right to assign or transfer any or all of our rights and obligations under these Terms, in whole or in part, without needing to notify you or obtain your consent or approval.

16.7. In the event of a conflict between these Terms and any other agreement you have with us, these Terms will prevail unless the other agreement explicitly references and states that it supersedes these Terms.

16.8. You agree that, except as explicitly provided otherwise in this Agreement, there are no third-party beneficiaries to this Agreement, apart from the Indemnified Parties.

[PreviousLegalchevron-left](https://docs.extended.exchange/extended-resources/legal)
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Last updated 10 months ago

sun-brightdesktopmoon

sun-brightdesktopmoon

---

# TradFi Markets | Extended Documentation

In addition to crypto markets, Extended currently offers perpetual contracts on the following traditional financial (TradFi) markets:

*   EUR;
    
*   USDJPY;
    
*   SPX (S&P 500);
    
*   NDX (Nasdaq);
    
*   XAU (Gold);
    
*   XAG (Silver);
    
*   XBR (Brent Crude Oil).
    

**Trading Hours:** All TradFi markets are available for trading 24/7, including weekends and public holidays. However, please note that spreads on these markets may be significantly wider during these periods.​

**Fees:** Currently, TradFi markets have the same trading fees as crypto markets; however, this may be revised in the future.

**Pricing Data:** For index and mark prices on TradFi markets, Extended leverages [Pragma Oraclearrow-up-right](https://www.pragma.build/)
.​

**Margin Requirements:** Each TradFi market has a custom margin schedule, detailed below.

EUR Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

100.0

1%

0.5%

$ 400 - 800 k

50.0

2%

1%

$ 800 - 1,200 k

33.3

3%

1.5%

$ 1,200 - 1,600 k

25.0

4%

2%

$ 1,600 - 2,000 k

20.0

5%

2.5%

$ 2,000 - 2,400 k

16.6

6%

3%

$ 2,400 - 2,800 k

14.2

7%

3.5%

$ 2,800 - 3,200 k

12.5

8%

4%

$ 3,200 - 3,600 k

11.1

9%

4.5%

$ 3,600 - 4,000 k

10.0

10%

5%

$ >4,000 k

1.0

100%

50%

USDJPY Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

16.7

6%

3%

$ 400 - 800 k

11.1

9%

4.5%

$ 800 - 1,200 k

8.3

12%

6%

$ 1,200 - 1,600 k

6.7

15%

7.5%

$ 1,600 - 2,000 k

5.6

18%

9%

$ 2,000 - 2,400 k

4.8

21%

10.5%

$ 2,400 - 2,800 k

4.2

24%

12%

$ 2,800 - 3,200 k

3.7

27%

13.5%

$ 3,200 - 3,600 k

3.3

30%

15%

$ 3,600 - 4,000 k

3.0

33%

16.5%

$ >4,000 k

1.0

100%

50%

SPX (S&P 500) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

12.5

8%

4%

$ 400 - 800 k

6.2

16%

8%

$ 800 - 1,200 k

4.1

24%

12%

$ 1,200 - 1,600 k

2.1

32%

16%

$ >1,600 k

1.0

100%

50%

NDX (Nasdaq) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

8.3

12%

6%

$ 400 - 800 k

4.1

24%

12%

$ 800 - 1,200 k

2.7

36%

18%

$ 1,200 - 1,600 k

2.0

48%

24%

$ >1,600 k

1.0

100%

50%

XAU (Gold) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

25.0

4%

2%

$ 400 - 800 k

12.5

8%

4%

$ 800 - 1,200 k

8.3

12%

6%

$ 1,200 - 1,600 k

6.2

16%

8%

$ 1,600 - 2,000 k

5.0

20%

10%

$ 2,000 - 2,400 k

4.1

24%

12%

$ 2,400 - 2,800 k

3.5

28%

14%

$ 2,800 - 3,200 k

3.1

32%

16%

$ 3,200 - 3,600 k

2.7

36%

18%

$ 3,600 - 4,000 k

2.5

40%

20%

$ >4,000 k

1.0

100%

50%

XAG (Silver) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

10.0

10%

5%

$ 400 - 800 k

5.0

20%

10%

$ >800 k

1.0

100%

50%

XBR (Brent Crude Oil) Margin Schedule.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

5.0

20%

10%

$ 400 - 800 k

2.5

40%

20%

$ >800 k

1.0

100%

50%

[PreviousMargin Schedulechevron-left](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule)
[NextDeposits & Withdrawalschevron-right](https://docs.extended.exchange/starkex-specific-docs/deposits-and-withdrawals)

Last updated 5 months ago

sun-brightdesktopmoon

sun-brightdesktopmoon

---

# Margin Schedule | Extended Documentation

### 

[hashtag](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule#initial-margin)

Initial Margin

Initial Margin is the required deposit to place an order and open a position. It's calculated as 1 divided by the leverage.

Leverage can range from 1 to the maximum leverage, which depends on the market and the value of open position and open orders in that market. Leverage may vary across different markets, but within a specific market, a single leverage rate is applied to both the open position and all open orders.

When a user modifies the leverage, this change is applied to both the open position and all open orders in that market. However, the change can fail if the total value of the open position and open orders exceeds the maximum allowed for the selected leverage, or if the initial margin requirement, recalculated with the new leverage, is not satisfied.

The Initial Margin requirement is checked both when placing an order and when executing it.

### 

[hashtag](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule#maintenance-margin)

Maintenance Margin

Maintenance Margin is the minimum amount of margin required to maintain a position after it has been opened. Positions are subject to liquidation when the account equity falls below the maintenance margin requirement.

Maintenance margin equals 50% of the initial margin at maximum leverage allowed for a given market and position value.

### 

[hashtag](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule#order-validation-against-margin-schedule)

Order Validation against Margin Schedule

When placing a new order, it must ensure that the position remains below the maximum position value for the selected leverage:

*   If the new order increases the absolute sum of the position value, the new order value, and the value of any triggered orders in the same direction as the new order, then the following criteria should be met;Abs(Sum(PositionValue,NewOrderValue,ValueofTriggeredOrders))≤MaxPositionValueForGivenLeverageAbs(Sum(Position Value, New Order Value, Value of Triggered Orders))≤Max Position Value For Given LeverageAbs(Sum(PositionValue,NewOrderValue,ValueofTriggeredOrders))≤MaxPositionValueForGivenLeverage
    
*   If the new order does not increase the absolute sum of the position value, the new order value, and the value of any triggered orders in the same direction as the new order, then the validation is auto-passed
    

### 

[hashtag](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule#margin-schedule)

Margin Schedule

The Margin Schedule varies across 5 Market Groups. Value brackets may be adjusted over time, depending on available liquidity or changes in asset price.

Group 1: BTC, ETH.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 400 k

50.0

2%

1%

$ 400 - 800 k

25.0

4%

2%

$ 800 - 1,200 k

16.7

6%

3%

$ 1,200 - 1,600 k

12.5

8%

4%

$ 1,600 - 2,000 k

10.0

10%

5%

$ 2,000 - 2,400 k

8.3

12%

6%

$ 2,400 - 2,800 k

7.1

14%

7%

$ 2,800 - 3,200 k

6.3

16%

8%

$ 3,200 - 3,600 k

5.6

18%

9%

$ 3,600 - 4,000 k

5.0

20%

10%

$ 4,000 - 4,400 k

4.5

22%

11%

$ 4,400 - 4,800 k

4.2

24%

12%

$ 4,800 - 5,200 k

3.8

26%

13%

$ 5,200 - 5,600 k

3.6

28%

14%

$ 5,600 - 6,000 k

3.3

30%

15%

$ 6,000 - 6,400 k

3.1

32%

16%

$ 6,400 - 6,800 k

2.9

34%

17%

$ 6,800 - 7,200 k

2.8

36%

18%

$ 7,200 - 7,600 k

2.6

38%

19%

$ 7,600 - 8,000 k

2.5

40%

20%

$ 8,000 - 8,400 k

2.4

42%

21%

$ 8,400 - 8,800 k

2.3

44%

22%

$ 8,800 - 9,200 k

2.2

46%

23%

$ 9,200 - 9,600 k

2.1

48%

24%

$ 9,600 - 10,000 k

2.0

50%

25%

$ >10,000 k

1.0

100%

50%

Group 2: SOL, DOGE, BNB, XRP, kPEPE, kSHIB.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 200 k

25.0

4.0%

2.0%

$ 200 - 450 k

14.3

7.0%

3.5%

$ 450 - 700 k

10.0

10.0%

5.0%

$ 700 - 950 k

7.7

13.0%

6.5%

$ 950 - 1,200 k

6.3

16.0%

8.0%

$ 1,200 - 1,450 k

5.3

19.0%

9.5%

$ 1,450 - 1,700 k

4.5

22.0%

11.0%

$ 1,700 - 1,950 k

4.0

25.0%

12.5%

$ 1,950 - 2,200 k

3.6

28.0%

14.0%

$ 2,200 - 2,450 k

3.2

31.0%

15.5%

$ 2,450 - 2,700 k

2.9

34.0%

17.0%

$ 2,700 - 2,950 k

2.7

37.0%

18.5%

$ 2,950 - 3,200 k

2.5

40.0%

20.0%

$ 3,200 - 3,450 k

2.3

43.0%

21.5%

$ 3,450 - 3,700 k

2.2

46.0%

23.0%

$ 3,700 - 3,950 k

2.0

49.0%

24.5%

$ 3,950 - 4,200 k

1.9

52.0%

26.0%

$ >4,200 k

1.0

100.0%

50.0%

Group 3: WIF, NEAR, AVAX, LTC, TRX, ADA, LINK, ARB, WLD, OP, ONDO, SUI, TIA, SEI, FTM, GOAT, kBONK, HYPE, PENGU, ENA, S, TRUMP, AAVE, JUP, TON, UNI.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 100 k

20.0

5.0%

2.5%

$ 100 - 225 k

12.5

8.0%

4.0%

$ 225 - 350 k

9.1

11.0%

5.5%

$ 350 - 475 k

7.1

14.0%

7.0%

$ 475 - 600 k

5.9

17.0%

8.5%

$ 600 - 725 k

5.0

20.0%

10.0%

$ 725 - 850 k

4.3

23.0%

11.5%

$ 850 - 975 k

3.8

26.0%

13.0%

$ 975 - 1,100 k

3.4

29.0%

14.5%

$ 1,100 - 1,225 k

3.1

32.0%

16.0%

$ 1,225 - 1,350 k

2.9

35.0%

17.5%

$ 1,350 - 1,475 k

2.6

38.0%

19.0%

$ 1,475 - 1,600 k

2.4

41.0%

20.5%

$ 1,600 - 1,725 k

2.3

44.0%

22.0%

$ 1,725 - 1,850 k

2.1

47.0%

23.5%

$ 1,850 - 1,975 k

2.0

50.0%

25.0%

$ 1,975 - 2,100 k

1.9

53.0%

26.5%

$ >2,100 k

1.0

100.0%

50.0%

Group 4: POPCAT, MOODENG, FARTCOIN, VIRTUAL, MELANIA, IP, BERA, KAITO, STRK, WAL, INIT, TAO, MKR, LDO, GRASS, PENDLE, RESOLV, PUMP.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 50 k

15.4

6.5%

3.2%

$ 50 - 125 k

10.0

10.0%

5.0%

$ 125 - 200 k

7.4

13.5%

6.7%

$ 200 - 275 k

5.9

17.0%

8.5%

$ 275 - 350 k

4.9

20.5%

10.2%

$ 350 - 425 k

4.2

24.0%

12.0%

$ 425 - 500 k

3.6

27.5%

13.7%

$ 500 - 575 k

3.2

31.0%

15.5%

$ 575 - 650 k

2.9

34.5%

17.2%

$ 650 - 725 k

2.6

38.0%

19.0%

$ 725 - 800 k

2.4

41.5%

20.7%

$ 800 - 875 k

2.2

45.0%

22.5%

$ 875 - 950 k

2.1

48.5%

24.2%

$ 950 - 1,025 k

1.9

52.0%

26.0%

$ >1,025 k

1.0

100.0%

50.0%

Group 5: No markets from this group are currently listed.

Position Bracket

Max Leverage

Min Initial Margin

Maintenance Margin

$ 0 - 25 k

10.0

10.0%

5.0%

$ 25 - 75 k

7.1

14.0%

7.0%

$ 75 - 125 k

5.6

18.0%

9.0%

$ 125 - 175 k

4.5

22.0%

11.0%

$ 175 - 225 k

3.8

26.0%

13.0%

$ 225 - 275 k

3.3

30.0%

15.0%

$ 275 - 325 k

2.9

34.0%

17.0%

$ 325 - 375 k

2.6

38.0%

19.0%

$ 375 - 425 k

2.4

42.0%

21.0%

$ 425 - 475 k

2.2

46.0%

23.0%

$ 475 - 525 k

2.0

50.0%

25.0%

$ >525 k

1.0

100.0%

50.0%

[PreviousTrading Ruleschevron-left](https://docs.extended.exchange/starkex-specific-docs/trading/trading-rules)
[NextTradFi Marketschevron-right](https://docs.extended.exchange/starkex-specific-docs/trading/tradfi-markets)

Last updated 5 months ago

*   [Initial Margin](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule#initial-margin)
    
*   [Maintenance Margin](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule#maintenance-margin)
    
*   [Order Validation against Margin Schedule](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule#order-validation-against-margin-schedule)
    
*   [Margin Schedule](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule#margin-schedule)
    

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---

# Trading Rules | Extended Documentation

The trading rules provided below include various limitations that apply to markets listed on the exchange. Users can also access specific trading rules for each market through the 'Trading Rules' tab on the main trading screen.

All markets on Extended are categorized into 5 Market Groups based on the liquidity of different markets, and Extended has both market-specific and group-specific trading rules.

### 

[hashtag](https://docs.extended.exchange/starkex-specific-docs/trading/trading-rules#market-specific-trading-rules)

Market-Specific Trading Rules

Market-specific trading rules include:

*   Minimum Trade Size: Users cannot place orders below the minimum trade size.
    
*   Minimum Change in Trade Size: Users cannot modify orders by an amount lower than minimum change in trade size.
    
*   Minimum Price Change: Prices on the exchange cannot change by an amount below minimum price change.
    
*   Limit Price Cap / Floor: Users cannot place a long limit order with a price greater than Mark Price \* (1 + Limit Order Price Cap) or a short limit order with a price lower than Mark Price \* (1 - Limit Order Floor Ratio).
    

Market

Group

Min Trade Size

Min Change in Trade Size

Min Price Change

Limit Price Cap / Floor

BTC

Group 1

0.0001 BTC

0.00001 BTC

$0.1

5%

ETH

Group 1

0.001 ETH

0.0001 ETH

$0.01

5%

SOL

Group 2

0.1 SOL

0.01 SOL

$0.01

5%

DOGE

Group 2

100 DOGE

10 DOGE

$0.00001

5%

BNB

Group 2

0.01 BNB

0.001 BNB

$0.1

5%

XRP

Group 2

10 XRP

1 XRP

$0.0001

5%

kPEPE

Group 2

1000 kPEPE

100 kPEPE

$0.000001

10%

kSHIB

Group 2

1000 kSHIB

100 kSHIB

$0.000001

10%

WIF

Group 3

10 WIF

1 WIF

$0.0001

10%

NEAR

Group 3

1 NEAR

0.1 NEAR

$0.001

10%

AVAX

Group 3

0.1 AVAX

0.01 AVAX

$0.001

5%

LTC

Group 3

0.1 LTC

0.01 LTC

$0.01

10%

TRX

Group 3

100 TRX

10 TRX

$0.00001

5%

ADA

Group 3

10 ADA

1 ADA

$0.0001

5%

LINK

Group 3

1 LINK

0.1 LINK

$0.001

10%

ARB

Group 3

10 ARB

1 ARB

$0.0001

10%

WLD

Group 3

1 WLD

0.1 WLD

$0.0001

10%

OP

Group 3

10 OP

1 OP

$0.0001

10%

ONDO

Group 3

10 ONDO

1 ONDO

$0.0001

10%

SUI

Group 3

10 SUI

1 SUI

$0.0001

10%

TIA

Group 3

1 TIA

0.1 TIA

$0.001

10%

SEI

Group 3

100 SEI

10 SEI

$0.00001

10%

GOAT

Group 3

100 GOAT

10 GOAT

$0.00001

15%

kBONK

Group 3

1000 kBONK

100 kBONK

$0.000001

10%

HYPE

Group 3

1 HYPE

0.1 HYPE

$0.001

10%

PENGU

Group 3

1000 PENGU

100 PENGU

$0.000001

10%

ENA

Group 3

10 ENA

1 ENA

$0.0001

10%

S

Group 3

10 S

1 S

$0.0001

10%

AAVE

Group 3

0.1 AAVE

0.01 AAVE

$0.01

10%

TRUMP

Group 3

1 TRUMP

1 TRUMP

$0.001

10%

JUP

Group 3

10 JUP

1 JUP

$0.0001

15%

TON

Group 3

10 MKR

1 MKR

$0.0001

15%

UNI

Group 3

1 uni

0.1 UNI

$0.0001

10%

POPCAT

Group 4

10 POPCAT

1 POPCAT

$0.00001

10%

MOODENG

Group 4

100 MOODENG

10 MOODENG

$0.00001

15%

FARTCOIN

Group 4

10 FARTCOIN

1 FARTCOIN

$0.0001

15%

VIRTUAL

Group 4

10 VIRTUAL

1 VIRTUAL

$0.0001

15%

MELANIA

Group 4

1 MELANIA

1 MELANIA

$0.0001

15%

IP

Group 4

10 IP

1 IP

$0.0001

15%

BERA

Group 4

1 BERA

0.1 BERA

$0.0001

10%

KAITO

Group 4

10 KAITO

1 KAITO

$0.0001

10%

STRK

Group 4

100 STRK

10 STRK

$0.00001

15%

WAL

Group 4

10 WAL

1 WAL

$0.0001

15%

INIT

Group 4

10 INIT

1 INIT

$0.0001

15%

TAO

Group 4

0.1 TAO

0.01 TAO

$0.001

15%

MKR

Group 4

0.01 MRK

0.001 MRK

$0.001

10%

LDO

Group 4

10 LDO

1 LDO

$0.0001

15%

GRASS

Group 4

10 GRASS

1 GRASS

$0.0001

15%

PENDLE

Group 4

10 PENDLE

1 PENDLE

$0.00001

15%

RESOLV

Group 4

100 RESOLV

10 RESOLV

$0.00001

15%

PUMP

Group 4

1000 PUMP

100 PUMP

$0.000001

15%

### 

[hashtag](https://docs.extended.exchange/starkex-specific-docs/trading/trading-rules#group-specific-trading-rules)

Group-Specific Trading Rules

Group-specific trading rules include:

*   Maximum Market Order: Users cannot place a market order that exceeds the specified limit.
    
*   Maximum Limit Order: Users cannot place a limit order that exceeds the specified limit.
    
*   Maximum Position Value: Users cannot have a sum of their position value and the maximum value of either their long or short triggered orders that exceeds the specified Max Position Value.
    
*   Maximum № of open orders: Users cannot have more than the specified Max Number of Open Orders for a given market.
    

Group

Max Market Order

Max Limit Order

Max Position Value

Max № of Open Orders

Group 1

$ 1,000 k

$ 5,000 k

$ 10,000 k

200

Group 2

$ 400 k

$ 2,000 k

$ 4,200 k

200

Group 3

$ 200 k

$ 1,000 k

$ 2,100 k

200

Group 4

$ 100 k

$ 500 k

$ 1,025 k

200

Group 5

$ 50 k

$ 250 k

$ 525 k

200

[PreviousTradingchevron-left](https://docs.extended.exchange/starkex-specific-docs/trading)
[NextMargin Schedulechevron-right](https://docs.extended.exchange/starkex-specific-docs/trading/margin-schedule)

Last updated 5 months ago

*   [Market-Specific Trading Rules](https://docs.extended.exchange/starkex-specific-docs/trading/trading-rules#market-specific-trading-rules)
    
*   [Group-Specific Trading Rules](https://docs.extended.exchange/starkex-specific-docs/trading/trading-rules#group-specific-trading-rules)
    

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---

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