Prolonged is a sophisticated perpetual decentralized trade constructed on Starknet, designed to ship institutional‑grade efficiency with full consumer custody. Developed by former Revolut engineers, it introduces a contemporary strategy to on‑chain derivatives by way of scalable infrastructure, unified margin ambitions, and help for each crypto and conventional markets, positioning it as a subsequent‑era DeFi buying and selling platform. Perp dexes are undoubtedly the brand new massive narrative of the crypto ecosystem. Be part of us to find what Prolonged DEXs have to supply:
What’s Prolonged DEX?
A New Perpetual Trade Constructed for Fashionable On‑Chain Merchants
Prolonged is a subsequent‑gen perpetual decentralized trade (perp DEX) developed by a crew of former Revolut engineers, positioning itself as one in all Starknet’s most bold buying and selling platforms. It allows leveraged perpetual buying and selling throughout each crypto and conventional finance (TradFi) markets, utilizing USDC as collateral and providing as much as 100x leverage. What distinguishes the trade on the conceptual stage is its mission to merge fintech‑grade consumer expertise with the transparency and self‑custody of DeFi. The platform has quickly gained traction, changing into one in all Starknet’s high functions by TVL and attracting backing from notable buyers, together with Tioga Capital and StarkWare.
The Three‑Part Imaginative and prescient Behind Prolonged
The platform’s lengthy‑time period roadmap is structured round three strategic phases designed to evolve the trade right into a complete on‑chain monetary community. Part One focuses on delivering a excessive‑efficiency perpetuals engine with broad market protection. Part Two introduces unified margin logic, enabling merchants to handle threat and capital throughout perps, spot, and lending inside a single system. Part Three goals to open this unified margin framework to exterior protocols, permitting builders to construct interoperable monetary functions on high of the trade’s infrastructure. This phased strategy displays the crew’s ambition to reshape the DeFi market construction and broaden past conventional perp DEX boundaries.
Differentiation in a Crowded Perp DEX Panorama
Whereas platforms like Hyperliquid dominate present DeFi derivatives quantity, Prolonged units itself aside by way of its unified margin imaginative and prescient, TradFi market help, and emphasis on cellular‑native integrations. These components place it as a extra versatile and capital‑environment friendly different to traditional perp DEXs. The platform’s mix of fintech polish, Starknet scalability, and cross‑asset market entry provides it a singular aggressive profile. Its roadmap indicators a shift towards extra built-in, consumer‑centric derivatives infrastructure, doubtlessly redefining how merchants work together with on‑chain markets.
How Does Prolonged Work?
A Hybrid Structure Constructed for Excessive‑Efficiency Perpetual Buying and selling
The trade operates by way of a hybrid structure that blends off‑chain execution with on‑chain settlement, enabling a quick, trustless buying and selling surroundings. Its core design makes use of an off‑chain matching engine to course of orders, consider threat, and sequence transactions, whereas all remaining settlements happen on Starknet. This construction permits the platform to ship low‑latency buying and selling with out compromising consumer custody or transparency. Customers keep full management of their belongings by way of Starknet good contracts, guaranteeing the trade can’t entry or rehypothecate funds. On‑chain validation enforces buying and selling logic, stopping invalid trades or liquidations from being executed.
The Function of StarkEx in Prolonged’s Early Infrastructure
Earlier than totally migrating to Starknet, the trade initially operated on StarkEx, StarkWare’s scalability engine that makes use of STARK proofs to batch and confirm giant volumes of transactions effectively. StarkEx offered the inspiration for Prolonged’s early efficiency, enabling excessive throughput and low charges whereas sustaining cryptographic integrity. Its knowledge‑availability mannequin ensured that consumer balances and positions remained verifiable always. StarkEx’s proof system allowed Prolonged to course of perpetual trades at scale with out congesting Ethereum, laying the groundwork for the platform’s later transition to a extra composable surroundings on Starknet.
How Prolonged Executes Trades and Manages Positions
When a consumer submits an order, Prolonged’s off‑chain engine evaluates margin necessities, checks threat parameters, and matches the order inside its central restrict order e book. As soon as matched, the commerce is finalized on Starknet, the place STARK proofs validate the transaction. This ensures that every one executed trades adjust to on‑chain guidelines.
Prolonged’s structure prevents unauthorized liquidations or mismatched positions by imposing deterministic settlement logic. Prolonged’s migration from StarkEx to Starknet marked a shift towards full composability, enabling seamless integration with the broader Starknet DeFi ecosystem. This transition enhanced settlement effectivity, decreased prices, and positioned Prolonged as a core infrastructure layer for on‑chain derivatives.
Prolonged Vaults and Safety
What Prolonged Vaults Are Designed to Obtain
Prolonged Vaults operate as specialised good‑contract containers that automate buying and selling methods whereas preserving consumer custody. As an alternative of manually managing positions, customers can allocate capital into predefined vault methods that function inside strict, clear parameters. These vaults are engineered to optimize execution high quality, scale back operational overhead, and supply structured publicity to perpetual markets with out requiring fixed monitoring. Every vault is remoted, that means consumer deposits stay segregated and shielded from different methods or system‑large failures. This design permits merchants to take part in superior methods whereas sustaining full on‑chain verifiability of balances and efficiency.
How Prolonged Vaults Function on Starknet
Vaults execute trades by way of Prolonged’s off‑chain matching engine however settle all exercise on Starknet, guaranteeing each place, rebalance, and liquidation is cryptographically validated. Methods embedded in every vault comply with deterministic logic, stopping discretionary actions or unauthorized threat‑taking. Customers can deposit or withdraw at any time, with vault shares representing proportional possession of the underlying technique. As a result of vault operations depend on Starknet’s proof system, all state transitions, corresponding to funding changes or collateral updates, are enforced by good contracts, eliminating the opportunity of manipulation or hidden liabilities.
Core Safety Rules Underpinning Prolonged
Prolonged’s safety mannequin is constructed round self‑custody, transparency, and cryptographic enforcement. All consumer belongings are saved in Starknet good contracts, guaranteeing the protocol can’t entry or mismanage funds. The system makes use of STARK proofs to validate each commerce and state replace, guaranteeing that no invalid transaction might be executed.
Moreover, Prolonged employs strict threat controls, together with margin checks, liquidation safeguards, and deterministic settlement logic that forestalls unauthorized actions by the off‑chain engine. Prolonged incorporates steady auditing, permissionless verification of balances, and immutable execution guidelines to safeguard consumer capital. Vault methods can’t exceed predefined threat thresholds, and all operations stay seen on‑chain, reinforcing belief and lengthy‑time period reliability.
Conclusion
Prolonged emerges as a excessive‑efficiency, self‑custodial perp DEX that blends fintech‑stage execution with Starknet’s scalability. Its hybrid structure, migration from StarkEx, automated vault methods, and rigorous safety framework set up it as a dependable, ahead‑trying derivatives venue. Collectively, these components place Prolonged as a foundational element of the evolving on‑chain monetary ecosystem.
