Exchange Listing
Extended Hyperp Listed on CEX
Extended ($XTEN) hyperp has been listed with up to 3x leverage on a cryptocurrency exchange. Hyperps trade like perpetual contracts without relying on external data for the oracle price, instead using a moving average of the hyperp mark price. Funding rates are determined relative to this moving average, making the hyperp price more stable and less susceptible to manipulation. Trading is on low leverage and isolated margin only, with users reminded of potential risks such as low liquidity, high volatility, and increased liquidation risk. XTEN-USDC will convert to a vanilla perp upon CEX listing.