Extended migrates settlement to Arc on October 22, 2026
Summary
Extended announced its migration to the Arc network, set to occur on October 22 at 13:00 UTC, as part of a strategic partnership with Circle aimed at enhancing on-chain trading capabilities. During this transition, most user accounts and assets, including USDC and ETH, will migrate seamlessly, while USDT and wBTC holders must act by October 21 to ensure their assets convert without fees. This move to Arc is expected to provide improved transaction speed and cost predictability, ultimately allowing Extended to expand its coverage of real-world assets and enhance liquidity in its trading markets.
Tokens
$USDC$USDT$WBTC$CIRBTC
Analysis
Arc: Arc is a Layer 1 blockchain developed by Circle specifically for financial markets and stablecoin-native applications, with USDC as the gas token, sub-second deterministic finality, and full EVM compatibility. It launched on September 16, 2026, with founding validators including BlackRock, DTCC, ICE, Visa, and Mastercard. Extended's migration makes it one of the first platforms to settle perpetual trades natively on Arc. Extended: Extended is a perpetual decentralized exchange built by a team of former Revolut employees, offering on-chain trading of perpetual contracts across stocks, commodities, indices, and cryptocurrencies. It is migrating its settlement network from Starknet to Arc on October 22, 2026, as part of a strategic partnership with Circle. The platform is designed to provide users with seamless account continuity, including positions, orders, and history, during the transition. Partnership: Extended is migrating to Arc as part of a strategic partnership with Circle aimed at anchoring on-chain trading on the network and expanding access to real-world assets and institutional liquidity. Market Expansion: The move to Arc supports Extended in delivering broader real-world asset coverage and deeper liquidity across spot and perpetual markets through Circle's institutional ecosystem. Infrastructure Upgrade: Arc enables trades to settle with sub-second finality and predictable stablecoin-denominated fees, improving cost predictability and infrastructure for platforms like Extended.
Categories
cryptodefiethereumhyperliquidbase
Related sources
- https://x.com/i/status/2112623993572524321
- https://x.com/i/status/2113018865852534999
- https://x.com/extendedapp/status/2108238123276931108
- https://learn.backpack.exchange/articles/what-is-arc
- https://x.com/extendedapp/status/2112623993572524321
- https://x.com/i/status/2112818709613998384
- https://www.tokenpost.com/news/technology/28538
- https://docs.arc.io/arc-chain
- https://x.com/i/status/2110747528366788785
- https://blockonomi.com/extended-to-migrate-perpetual-dex-settlement-to-circles-arc-blockchain/
- https://twiscan.com/en/x/extendedapp/2100935509958644179
- https://www.binance.com/en/square/post/375264258165220
- https://followin.io/en/feed/28003284
- https://www.alchemy.com/overviews/what-is-arc
- https://x.com/i/status/2110316126391423198
- https://docs.extended.exchange/about-extended/migration-from-starknet-to-arc
- https://www.wublock123.com/news/extended-migrating-from-starknet-to-arc-usdt-asset-swap-deadline-69753
- https://x.com/arc/status/2108238578094653505
- https://docs.arc.io/arc/concepts/system-overview
- https://docs.arc.network/arc/concepts/welcome-to-arc