Extended Launches Perpetual Contracts for US Stocks
Recently, Extended, a decentralized trading platform built by former Revolut core members, announced the upcoming release of perpetual contracts for US-listed stocks. The first batch will feature popular names such as NVIDIA, AMD, Tesla, Alphabet (Google's parent company), Amazon, and Strategy, covering a range of key sectors.
Tackling Liquidity Challenges
According to the team, while perpetual contracts for stocks have been explored in the blockchain space, adoption has been limited mainly due to liquidity constraints. To overcome this barrier, Extended is refining its underlying mechanisms to enhance the trading experience and plans to add more assets in the future.
Looking Ahead and User Expectations
- The first batch includes major tech, e-commerce, and investment strategy stocks
- Platform focuses on high liquidity and minimal slippage
- Future updates will expand supported assets based on market feedback
This update marks a significant milestone for Extended as it expands into cross-market trading and opens new avenues for on-chain financial innovation.