Extended
Perpetuals DEX, formerly X10, with crypto, equities, FX and commodity markets; settles on Arc, Circle's L1, since 22 October 2026.
- Built by an ex-Revolut team; 330+ markets across crypto, equities, FX, commodities and indices
- Up to 100x leverage
- Flat fees: 0% maker and 0.025% taker; RWA markets 0.010% taker
- USDC collateral, deposited from Ethereum, Arbitrum, Base, Arc, Polygon, Avalanche or BNB Chain
- Settlement moved from Starknet to Arc, Circle's L1, on 22 October 2026 with open positions and orders carried over; points, fee tier and referrals kept
Seven criteria on a scale of 10, the fee and market numbers computed from the data. Compare it with other perp DEXs only. How we score
- Taker
- 0.025%
- Maker
- 0%
- Volume a day
- $226M
- Open interest
- $92M
- Rewards 10.0
- Weekly points ended; Final Arc: $250K and 750K Xpoints to Nov 2; XTEN token due in November
- Taker fee 6.8
- No taker fee is a 10, 0.07% or more is a 1. A venue that earns from the spread tops out at 7.
- Volume 6.0
- Average a day: $5M is a 1, $5B is a 10, on a log scale. Volume past ten times open interest does not count.
- Safety 10.0
- Live since Aug 2024 (as X10), audited by ChainSecurity; settles on Arc since Oct 22
- Open interest 6.9
- $1M is a 1, $1B is a 10, on a log scale. Harder to farm than volume.
- Ease 10.0
- Orders signed by a local key, 330+ markets incl. stocks, no manual bridge
- Access 8.0
- No KYC or invite; closed to US, UK, Canada, Russia, Hong Kong and sanctioned places
- Implied FDV, median
- $274M
- Middle half of bets
- $203M to $413M
- A point, if 5% of supply goes to points
- $0.20
- A point, if 10% of supply goes to points
- $0.39
- A point, if 20% of supply goes to points
- $0.78
A rough estimate from prediction market prices for the FDV one day after launch, if the token launches, over 70,000,000 total points. The project has not published the share for points, so these are scenarios. Not a promise and not financial advice. See the market
- Connect an EVM or Starknet wallet
- Sign twice to create and register your trading account
- Deposit USDC from a supported chain
- Pick a market, set leverage and place an order
- Is a Perp DEX Safe? Custody, Exits and LiquidationsNon-custodial is a label, not an answer. Six questions to ask any perp DEX about custody, exits, reversed fills, liquidation and audits before you deposit.
- Funding Rate Arbitrage Between Perp DEXs: The Real MathA cross-DEX funding hedge earns by the hour and pays its fees up front. How to work out the net, the break-even time and what can break each leg.
- Maker vs Taker Fees on Perp DEXs: What a Trade Really CostsMaker and taker fees explained for farmers: why the fee is charged on the position, why a hedge pays four times, and when a maker order costs more.
- What Is a Funding Rate on a Perp DEX?What a perp funding rate is, who pays whom, how to turn it into a yearly figure, and what it costs or pays a farmer who holds positions for volume.
Since 22 October 2026 Extended settles on Arc, which has no USDT or wBTC: collateral is USDC. Weekly points have ended and the last distribution comes after the Final Arc Trading Competition. The XTEN token is announced for November 2026 with tokenomics from 31 October; until then points carry no promised value. Leveraged trading can lead to liquidation and total loss.
No security incidents found in our check of Oct 30, 2026.
