
Decentralized Exchange Extended (previously X10), which specializes in perpetual futures, started working in the main network StarkNet. Previously, the project operated on the platform Starkex.
The exchange allows you to trade both cryptocurrency and traditional assets with leverage up to 100x. The project manager is the former head of crypto operations Revolut Ruslan Fakhrutdinov.
Switching to StarkNet provides compatibility with other ecosystem DeFi applications. All operations are carried out using zk-starkwhich makes transactions fast and economical.
Extended supports EVM-compatible wallets (Metamask, WalletConnect) and native StarkNet solutions. The team is working on bridges for direct replenishment of accounts from other networks.
The platform offers More than 50 perpetual contract markets. Implementation is planned in the future:
- unified margin logic;
- integrated crypto lending and spot trading markets;
- collateral assets that are not stablecoins;
- Onchain storage with Bitcoin strategies.
Extended launch demonstrates potential StarkNet as Scalable L2 Solution for DeFi without compromising decentralization and security.
Exchange products Not available to US users.
In 2024, the project attracted $6.5 million investment From Tioga Capital, Semantic Ventures, Starkware, Cyber Fund, top managers of Revolut and co-founder Lido Konstantin Lomashuk.
Earlier, in March, Starkware presented Stark Two – A tool for checking ZK evidence on mobile and desktop devices.