Extended vs Kwenta Comparison
| 0% maker / 0.025% taker | Fees | 0.25% - 0.3% |
ExtendedWinner
vs
Kwenta
Pros & Cons
Pros
- 0% maker fee, 0.025% taker
- Daily maker rebates based on maker share
- Very low network fees on Starknet
- Unified margin across several asset classes
- Self-custody
Cons
- Considerably smaller than the market leaders
- Around 50 trading pairs — a narrower list than competitors
- No EU authorisation
- Support runs through community channels
Pros
- Access to synthetic perpetuals from the Synthetix ecosystem
- More than 40 tracked assets
- Existing trading functionality retained during the transition
- Low network fees on Optimism
Cons
- No longer a standalone project — acquired by Synthetix
- The native token is set to cease to exist
- Fees of 0.25% to 0.3% per trade, far above the segment norm
- Not a sensible candidate for a fresh start
- No EU authorisation
Score Comparison
4.3Usability3.8
4.3Features3.5
4.8Fees3.0
4.2Stability3.6
3.7Support3.2
Features
- Fee-free on the maker side
- Team with Revolut roots
- Cross-asset collateral and unified margin
- Network costs in the cents range
- Acquisition by Synthetix
- Token wind-down announced
- Synthetic perpetuals on Optimism
- Trading still possible during the transition
Details
ExtendedKwenta
| Extended Finance | Company | Synthetix (acquired Kwenta) |
| Unknown (Decentralised team) | Headquarters | Decentralised, no registered office |