Extended Exchange airdrop guide: how to earn points and automate it with Tread (2026)

What is Extended Exchange?

Extended Exchange is a high-performance perpetual DEX built on Starknet that combines an off-chain Central Limit Order Book with on-chain settlement, delivering sub-10 millisecond execution latency with ZK-rollup security across more than 50 markets including crypto, TradFi pairs, equities, gold, silver, and the S&P 500. It was built by the ex-Revolut Crypto team and raised $6.5 million from Tioga Capital, Semantic Ventures, and StarkWare - the team behind Starknet itself. This backer profile is significant: StarkWare's direct investment means Extended has access to the deepest Starknet technical support available.

The product expands beyond basic perp trading into a full trading stack. XVS (Extended Vault Shares) are tokenized shares of the platform's liquidity vault that earn 25% APR - meaning your deposited collateral works for you even when you are not trading. Unified Margin allows collateral to be shared across positions. The platform supports EVM wallets directly, so MetaMask users can trade without setting up a separate Starknet wallet. The team has confirmed that at least 50% of the total token supply is allocated to the community, with 30% as an airdrop at TGE - one of the highest community allocations in the perp DEX space.

Is the Extended Exchange airdrop confirmed?

Extended has confirmed that 30% of its total token supply is allocated for an airdrop at TGE, with the TGE projected for H1 2026 - making it one of the few perp DEXs in the current cycle to publicly commit to a specific airdrop allocation percentage. The points programme launched on April 30, 2025 and distributes 1.2 million points every Tuesday based on trading volume and liquidity provision from the prior week. The team has also stated explicitly that post-TGE buybacks will be funded by accumulated treasury revenue, and that tokens will not lose value to VC dump pressure since team and investor allocations are subject to vesting.

The 30% airdrop allocation is unusually high by industry standards - most perp DEXs reserve 5-15% for users. Combined with the no-VC-dump mechanic, this is one of the more structurally sound perp DEX token designs currently active.

Extended Exchange Airdrop Details

• Project: Extended Exchange

• Chain: Starknet (off-chain CLOB, on-chain settlement)

• Type: Perp DEX, TradFi pairs, full trading stack

• Status: Ongoing - live, points programme active since April 30, 2025

• Token: Confirmed - 30% allocated for airdrop at TGE (H1 2026 target)

• Points: Weekly Tuesday distribution, 1.2 million points per week

• Points bonus: 5% points bonus + 10% fee discount with referral code on first $50M volume

• Vault (XVS) bonus: +20% points boost for vault depositors, plus 25% APR on deposits

• Referral: 10% of referred user's fees + 2.5% of their points (unlocks after $10,000 volume)

• Supported markets: 50+ crypto, EUR/USD, SPX, XAU, XAG, and more

• Leverage: Up to 100x

• Backers: Tioga Capital, Semantic Ventures, StarkWare

• Funding: $6.5 million

• Team: Ex-Revolut Crypto team

• Join: app.extended.exchange

How to Farm the Extended Exchange Airdrop

To earn Extended points, connect your wallet, deposit collateral, trade consistently to build weekly volume, deposit into the XVS vault for a 20% points multiplier plus yield, refer others once you reach $10,000 volume, and consider running an automated strategy via Tread for delta-neutral volume generation without directional risk.

1. Connect at app.extended.exchange. Go to Extended Exchange and connect your EVM wallet (MetaMask works directly - no Starknet wallet required). The referral link activates a 5% points bonus and 10% fee discount on your first $50 million in trading volume.

2. Deposit into the XVS vault first. Before trading, deposit USDC or stablecoin collateral into the XVS (Extended Vault Shares) vault. XVS counts toward your trading collateral through Unified Margin - you earn 25% APR on your vault deposit and a 20% points multiplier on all points earned while XVS is active. This makes vault deposits the most capital-efficient first step.

3. Trade consistently each week for Tuesday distributions. Points are distributed every Tuesday based on the prior week's activity. Your share of the 1.2 million weekly points is proportional to your adjusted trading volume relative to all other participants that week. Consistent weekly volume - even moderate amounts - builds a cumulative points lead over time.

4. Trade TradFi and commodity pairs for lower competition. Extended's EUR/USD, SPX, XAU (gold), and XAG (silver) perpetuals give you exposure to traditional financial markets with 24/7 trading. These markets tend to have lower participant competition than BTC and ETH perps, so the same trading volume generates a larger relative share of the weekly point pool.

5. Refer others once you hit $10,000 in volume. The referral programme unlocks after $10,000 in lifetime trading volume. From there, you earn 10% of every referred user's trading fees plus 2.5% of their points - a compounding income stream that rewards early network builders.

6. Use Tread for automated delta-neutral volume. See the Tread section below for how to run automated market-making and delta-neutral bots on Extended through Tread's interface - generating consistent weekly volume without taking large directional positions.

What is Tread and why does it matter for Extended farming?

Tread (tread.fi) is an algorithmic trading terminal and OEMS that lets you automate strategies - delta-neutral, market-making, arbitrage - across both CEXs and DEXs from a single interface, and has its own points programme running simultaneously, meaning using Tread to farm Extended earns points toward two separate potential distributions at once.

The key insight is that Tread's Bots tab contains production-grade automated strategies - market-making bots, delta-neutral bots, and TWAP execution tools - that most traders cannot build themselves. Running a delta-neutral bot on Extended through Tread means you are generating real trading volume (which earns Extended points) while keeping your net directional exposure close to zero (which protects your capital from large price moves). Tread's Season 1 points programme distributes 100,000 points weekly every Wednesday based on adjusted trading volume. Multipliers exist by exchange: Hyperliquid earns 2x multiplier, and Tread's integration partners earn higher rates. The referral programme adds 20% of any referred user's weekly volume to your own adjusted volume for points calculation - a powerful multiplier for anyone who brings in high-volume traders.

Tread Airdrop Details

• Project: Tread (tread.fi)

• Type: Algorithmic trading terminal - delta neutral, market making, arbitrage bots across CEX and DEX

• Status: Season 1 active - points distributed weekly

• Token: Not confirmed - points programme running since 2025

• Points: 100,000 weekly - pro-rata based on adjusted trading volume

• Distribution day: Wednesday

• Qualification: Minimum $100,000 weekly trading volume to qualify

• Multipliers: 1.1x for weekly volume over $1M; exchange-specific multipliers by venue

• Referral volume boost: +20% of referred user's volume added to your adjusted volume

• Bot types: Delta neutral, market making, TWAP, arbitrage

• Connected venues: Hyperliquid, Extended, Bybit, OKX DEX, Aster, Pacifica, and more

• Funding: $3.5 million raised

• Join: app.tread.fi

How to Farm with Tread + Extended Together

The most points-efficient strategy combining both platforms is to use Tread's delta-neutral bot to generate consistent weekly volume on Extended, earning Extended points from the volume while simultaneously qualifying for Tread's weekly pool.

1. Sign up at app.tread.fi. Go to Tread Finance and sign up via email or wallet. The app shows Trade, Orders, Analytics, Explore, Points, Referral, Bots, and Portfolio tabs.

2. Connect Extended Exchange as a venue. In the Trade section, connect your Extended Exchange account through Tread's API integration. This allows Tread to route orders to Extended on your behalf without moving your funds off Extended.

3. Navigate to the Bots tab and deploy a delta-neutral strategy. The Bots tab contains pre-built automated strategies. A delta-neutral bot opens offsetting long and short positions across two assets simultaneously - for example, long BTC on Extended and short ETH on Extended at a ratio that accounts for ETH's higher volatility relative to BTC (historically around 1.5x). This keeps your net market exposure near zero while generating bilateral trading volume on both sides of the book.

4. Set your weekly volume target. To qualify for Tread's weekly point pool, you need at least $100,000 in adjusted weekly volume. The delta-neutral bot can be sized to hit this threshold consistently while keeping individual position sizes manageable. Users above $1M weekly volume earn a 1.1x tier multiplier.

5. Monitor and rebalance weekly. Delta-neutral positions drift over time as asset prices diverge. Tread's analytics tab shows your position performance and the delta of your combined portfolio. Rebalance when drift becomes significant to maintain the neutral exposure that protects your capital.

6. Track points on both platforms. Check the Points tab on Tread (distributed Wednesday) and the points dashboard on Extended (distributed Tuesday). The same weekly trading activity contributes to both pools.

How much does it cost to farm Extended and Tread?

Extended charges trading fees that are discounted 10% with the referral link, and XVS vault deposits earn 25% APR which offsets a significant portion of ongoing trading costs. Tread requires no separate fee for using its automated bot infrastructure - the platform's revenue comes from a small fee on executed volume. The minimum $100,000 weekly volume threshold for Tread points is real capital deployed, but with a delta-neutral strategy the risk-adjusted cost is primarily the bid-ask spread and execution costs, not directional exposure.

Are Extended and Tread safe and legit?

Extended is backed by StarkWare directly and the ex-Revolut Crypto team - a credible combination of institutional technical support and proven fintech execution experience - with a publicly committed 30% airdrop allocation and buyback mechanism post-TGE. Tread has raised $3.5 million and operates as a non-custodial trading terminal that connects to your existing exchange accounts without moving funds. Both platforms are legitimate. Smart-contract risk on Starknet and API key security on Tread are the primary risks to manage.

Extended Exchange + Tread FAQ

What is the 30% airdrop allocation on Extended and when does TGE happen?

Extended has publicly confirmed that 30% of its total token supply is allocated for an airdrop at TGE. The TGE was projected for H1 2026 at the time of research. All Flares earned through the points programme convert proportionally into this allocation. The team has also confirmed that at least 50% of total supply goes to the community (including the airdrop tranche), and that buybacks begin at TGE funded by accumulated treasury revenue. No snapshot date has been confirmed.

What is a delta-neutral strategy and why use it for perp DEX farming?

A delta-neutral strategy holds simultaneous long and short positions across different assets so that price movements in either direction roughly cancel out. For perp DEX farming, this means you generate trading volume for points without taking a concentrated directional bet that could lose value in a market move. Using Tread's delta-neutral bot on Extended lets you build weekly volume for both platforms' points programmes while maintaining a lower net risk exposure than a simple directional trade.

What is XVS on Extended Exchange?

XVS (Extended Vault Shares) are tokenized shares of Extended's liquidity vault. Depositing USDC into the vault mints XVS, which earns 25% APR from vault fee revenue and also counts as trading collateral through Unified Margin. Holding XVS gives a 20% points multiplier on all Extended points earned that week. It is the most capital-efficient first action on the platform because it earns yield on idle capital while boosting your points rate on trading activity.

Does Tread support other perp DEXs besides Extended?

Yes. Tread connects to Hyperliquid, Extended, Aster, Pacifica, Bybit, and OKX DEX, among others. The delta-neutral and market-making bots can be configured to run across multiple venues simultaneously. Tread's adjusted volume calculation includes exchange-specific multipliers - Hyperliquid currently earns a 2x multiplier in Tread's points programme. A single Tread account can farm multiple perp DEX points programmes at the same time through coordinated bot strategies.

Is there a minimum deposit to start on Extended Exchange?

There is no stated minimum deposit on Extended. The referral code activates on your first $50 million in trading volume for the 5% points bonus and 10% fee discount - this scales from zero. The XVS vault has no minimum deposit. For Tread's points programme, the minimum qualifying volume is $100,000 per week, so you need enough capital to generate that volume with your chosen strategy at a leverage level you are comfortable with.

Related: Dango Exchange, Hotstuff, and Hyperliquid - all perp DEXs with active points programmes. Full list: 200+ airdrops in 2026.