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CryptoMAG 7
•
2026-08-04•1 min read

eToro Backs Starknet DEX Extended to Bring Onchain Perpetuals to Zengo

Zubiqo Take
QuoteThreads

"Retail brokers are scrambling to bolt onchain derivatives onto their platforms because basic spot trading margins just aren't there anymore."

eToro Backs Starknet DEX Extended to Bring Onchain Perpetuals to Zengo
📷 Image Source: The Defiant

Executive Summary

  • •This deal connects Extended directly with Zengo, the self-custody wallet eToro bought for a reported $70 million in April.
  • •Built on Starknet, Extended handles onchain perpetual futures trading across more than 100 markets including crypto, equities, and forex.
  • •CoinDesk reported the funding round hit $12.5 million, but neither side has officially confirmed the exact investment size.

Community Sentiment

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Key Developments & Data

eToro $ETOR takes a strategic stake in onchain derivatives exchange Extended. This deal connects Extended directly with Zengo, the self-custody wallet eToro bought for a reported $70 million in April. Built on Starknet, Extended handles onchain perpetual futures trading across more than 100 markets including crypto, equities, and forex. CoinDesk reported the funding round hit $12.5 million, but neither side has officially confirmed the exact investment size.
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Event Magnitude7 / 10

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