Extended to issue XTEN token in November, tokenomics to be announced on October 31.

BlockBeats news, October 24 - According to official sources, on-chain perpetual futures trading platform Extended has announced that its native token XTEN is planned for issuance in November 2026, with the tokenomics to be revealed on October 31.

The initial supply of XTEN is 1 billion tokens, of which 300 million (30%) will be allocated to eligible participants of the Extended Points program. Eligible users will receive XTEN in their self-custodial Arc wallets without any fees. The XTEN whitepaper has been prepared in accordance with the EU's Markets in Crypto-Assets Regulation (MiCA) and has been filed with the relevant supervisory authorities, and is expected to be released on October 31.