Extended Announces XTEN Tokenomics: Total Supply of 1 Billion Tokens, with 30% Allocated for Points Airdrops and Fully Unlocked at TGE

Extended, a decentralized derivatives and spot trading platform, unveiled the tokenomics for its native XTEN token on November 3, setting a hard-capped supply of 1 billion tokens with no future inflation. Of that, 30% (300 million XTEN) is allocated to the Extended Points program and will be 100% unlocked at token generation event (TGE) with no vesting or claim fees, while the ecosystem fund receives 20% (200 million) and the team, founders, and early investors hold 50% (500 million) subject to a 12-month cliff. Staking goes live at TGE: users staking at least 500 XTEN activate a membership tier offering up to 30% fee discounts on spot and perpetuals, and advanced stakers can earn up to 5x yield boosts on vault deposits capped at $2 million per user. The design also includes fee-linked burn mechanisms, a buyback option by Extended-affiliated entities, and native integration of Circle's CCTP for cross-chain USDC transfers between Arc and Ethereum. Notably, EEA users cannot trade XTEN spot initially due to licensing constraints, though on-chain claiming, staking, and transfers remain unaffected. The TGE date and airdrop claim window have not been announced, making the initial circulating float and post-unlock selling pressure key metrics to watch.