eToro, the platform best known for bringing copy-trading to the masses, is now betting real money on onchain derivatives. The retail brokerage led a $12.5 million funding round for Extended, a decentralized perpetual futures exchange built on Starknet.
Jump Crypto and Alber Blanc also participated in the round, which closed around July 2.
What Extended actually does
Extended operates as a decentralized exchange offering perpetual futures contracts with up to 100x leverage across more than 100 markets. It lets traders make highly leveraged bets on crypto assets and tokenized stocks without relying on a centralized intermediary to hold their funds.
The platform was founded by former Revolut crypto executives, including CEO Ruslan Fakhrutdinov and CTO Dmitrii Krasovskikh. It initially launched under the name X10 on Starknet’s mainnet in August 2025.
