Feed

Extended & Variational TGEs Are Coming

Two of the most anticipated perp DEX airdrops are next in line. Variational, the #2 perp DEX in October with $78B in volume (behind only Hyperliquid’s $229B, per CryptoRank), plans its $VAR TGE for Q4, with 32% of supply going to users fully unlocked. Extended has confirmed $XTEN for November: 1B supply, 30% to points users and 32.9% unlocked at TGE.

History says timing matters. All 8 recent perp DEX tokens rallied after TGE, from +65% for GRVT to +2,931% for HYPE. But half of them peaked within 12 days, and half now trade below their TGE price. The median token is 53% off its ATH.

AVNT is the cautionary tale: +820% in 12 days, now 66% below its TGE price. Only HYPE, LIT, O and TREAD still trade above launch.

🔗 Sources: CryptoRank, CoinMarketCap, DefiLlama, The Defiant

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

Extended Dashboard: $XTEN Tokenomics Revealed Ahead of November TGE

Extended has published its tokenomics ahead of a TGE planned for November. Total supply is fixed at 1B, and the whole airdrop unlocks at launch:

• Community Airdrop: 30%, fully unlocked at TGE
• Founders & Team: 25.14%, 12-month cliff, then linear vesting to month 48
• Investors: 24.86%,12-month cliff, then monthly vesting
• Ecosystem: 20%, incl. 150M reserved for staking rewards

The airdrop goes to Extended Points holders, who claim by accepting the terms in the mobile app. Unclaimed tokens go to the ecosystem fund.

Staking goes live at TGE: from 500 $XTEN, users get up to 30% off trading fees and up to a 5x boost on vault yield. Trading fees can be used to burn $XTEN, and Extended may also buy it back on the open market.

🔗 x.com/extendedapp/status/2117309226423108056

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

109 Projects Lost $1M+ to Hacks in 2026

So far this year, 109 crypto projects have each lost more than $1M to hacks and exploits, $2.32B in total. Just four incidents account for 56% of that: Bitget ($387M), Liquid Network ($320M), Drift ($295M) and Kelp ($293M).

Bridges are still a favorite target, with more than ten on the list. Even hardware wallets weren’t spared: COLDCARD lost $116M, and a supply-chain attack on Ledger cost $93M. Four projects, including Verus-Ethereum Bridge and Moonwell, were hacked twice in the same year.

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

Extended introduces XTEN, launch is planned for November, with 30% allocated to Airdrop

$XTEN total supply is 1B, with 300M allocated for eligible participants in the Extended Points programme. Eligible participants will receive $XTEN in a self-hosted Arc wallet.

$XTEN whitepaper has been prepared under MiCA, the EU’s crypto-asset rules, and notified to the competent authority. It is expected to be published on 31 October 2026.

Extended is built by ex-Revolut team on Starknet. It raised $19M, backed by Cyber Fund, StarkWare, Semantic Ventures, and Tioga Capital.

• TVL: $115M
• 30D Volume: $6.38B
• Open interest: $104M

Get 10% discount on fees with our Extended link 🔗 app.extended.exchange/join/TOP7

Source 🔗 x.com/extendedapp/status/2113662106708959243

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

Flare Puts 129M XRP to Work in DeFi

FXRP, Flare’s 1:1 version of XRP, went live in September 2025, and its 5M launch cap filled in four hours. Supply reached 155M by April 2026. Today 129M FXRP, about 90% of the supply, is deployed in DeFi: 52% in lending, 39% in Firelight staking and 8% in DEX liquidity.

Flare’s DeFi TVL is $202M, and its five largest protocols are all built around XRP. Flare’s 2.2B FLR in incentives ended in July, and FXRP in DeFi has slipped only 5% since then, from 136M to 129M.

FLR inflation was cut from 5% to 3% in May. The gap is revenue: about $2.3M a year, against roughly $18M in annual FLR issuance.

🔗 defillama.com/research/report/how-flare-uses-data-to-expand-what-capital-can-do

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

Fhenix Brings Encrypted Smart Contracts to Ethereum and Arbitrum

Fhenix has launched CoFHE, its encryption coprocessor, on Ethereum and Arbitrum mainnet. It’s built on fully homomorphic encryption (FHE), which lets smart contracts work with data that is never decrypted. The heavy computation runs off-chain, and developers add it with a single Solidity import.

Its dual-mode tokens can switch a balance between public and confidential mode in one transaction, with no wrapping or bridging. Privacy is one of the biggest things institutions miss on public chains, where everyone can see balances, positions and trading strategies.

Fluton and AlphaEngine are the first apps live, with three more due in Q4. Fhenix is also building a confidential stablecoin with Tandem, the venture arm of Arbitrum developer Offchain Labs.

🔗 tech.yahoo.com/general/articles/fhenix-goes-live-ethereum-arbitrum-130000215.html

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

81 Crypto Projects Shut Down in 2026

The bear market keeps claiming victims. Since January, 81 crypto projects have announced they’re shutting down, including some of the industry’s biggest names:

• Exchanges: BitMEX, BitMart, CoinEx, AscendEX, Bit.com
Chains & L2s: Blast, Abstract, Polygon zkEVM, Loopring, Sophon
• DeFi: Balancer, Radiant, ZeroLend, Angle, Seamless
• NFTs & wallets: Blur, Foundation, Magic Eden Wallet, Leap Wallet

The reasons are mostly the same: trading volumes collapsed, airdrop farmers left, and some protocols never recovered from hacks, as with Balancer and Radiant.

April was the worst month with 16 shutdowns, and the pace hasn’t slowed since: Blur, Abstract and Blast all announced closures in October alone.

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

BNB Chain burned $1.2B worth of BNB on its 37th Quarterly Burn

37th quarterly $BNB token burn of 1,646,196 tokens, worth around $1.2B at the time of the burn, has been completed. A total of 68,487,915 $BNB tokens have been burned so far, worth around $49.7B at the current rate.

• Current $BNB price: $724
• Current FDV: $95.5B

🔗 bnbchain.org/en/blog/37th-bnb-burn

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

$3.47B Lost in the 24 Biggest Hacks Since 2025, and Ledger Is the Newest One

On October 9, an attacker drained over $93M from 315 wallets in a few hours. All the confirmed victims had bought Ledger devices from CryptoBilis, an authorized reseller in Southeast Asia. Ledger says its own systems weren’t breached, but it confirmed a hidden hardware implant inside one of the devices.

That makes it stand out on the list. Most of the $3.47B lost in these 24 hacks came from exchanges and protocols, with Bybit alone at $1.43B. Here, users kept their crypto in cold storage, as security advice says, and still lost it, because the device had been tampered with before it reached them.

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

Weekly Recap: AI, Tech & Crypto
October 5–11, 2026

A rough week for crypto and a loud one for AI. Bitcoin slid to ~$80.5K with $1B+ in liquidations, and spot ETFs saw $681M in outflows, ending a three-week inflow streak. OpenAI made ChatGPT answer with interactive charts and forms instead of text, and Vitalik warned that AI could replace traditional onchain apps within two years.

Big money kept moving: SpaceX made an $8B push into wireless, Waymo closed a $5B loan, and Manus raised $500M after China blocked Meta’s $2B acquisition. Firmus showed the limits of the AI boom by pulling its $5B IPO when investors balked at a $30.6B valuation.

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points

Plume Vaults Expand to Monad and Robinhood Chain

Plume’s RWA vaults are now live on Monad and Robinhood Chain, and Plume says more chains are coming. Users on both networks can deposit into vaults like nOPAL, Plume’s largest at $115.4M, which holds FX-hedged Brazilian credit card receivables. They can also use FACTOR ($8.2M), which funds invoice-financing deals for businesses.

The move follows the money. Over the past 30 days, Monad pulled in $47M in net RWA inflows, while Ethereum saw $618M flow out. Robinhood Chain is quickly becoming the main venue for tokenized stocks. Plume now has ~$188M across its vaults, and instead of waiting for users to bridge over, it’s taking the vaults to them.

🔗 x.com/plumenetwork/status/2108264496624222395

Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points