Extended, a decentralized perpetuals exchange, completed its migration from Starknet to Circle's Arc blockchain, moving about $120 million in total value locked without halting trading. The transition, finalized on October 22, 2026, introduced USDC and cirBTC as the new collateral options, replacing USDT and wBTC, which users had to convert or withdraw by October 21. Arc offers fast transaction finality and gas fees paid in USDC, supported by major validators like BlackRock and Visa. This migration marks the first step in a broader partnership between Extended and Circle, with future developments to watch including TVL growth and cirBTC adoption as Bitcoin collateral.
Extended's migration to Circle's Arc blockchain involved moving about $120 million in total value locked, introducing USDC and cirBTC as new collateral. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 23, 2026 04:03 WIB: out of 50 major cryptocurrencies, 4 rose and 45 fell. Notable movers include ZIL at Rp37 with a 9.01% decline and 78% buy order activity, SAND at Rp966 down 8.71% with 72% buy orders, and EOS at Rp12,649 up 8.13%.
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