Extended regained control of its Discord server after attackers used the compromised community channel to promote a fraudulent EXT token claim.
The post told users that “$EXT Claims are now live” and directed them to a website impersonating an official Extended claim page. The decentralized exchange confirmed that the announcement did not come from its team and that it has not launched an EXT token, token generation event or legitimate claim portal.
Extended first warned users not to click links or interact with announcements inside the server while its team worked to recover access. The project later removed the malicious content and reopened the channel after regaining control.
No confirmed loss figure has been disclosed.
Trading App And User Funds Remain Operational
The breach was limited to Extended’s Discord presence. Its trading application, smart contracts and user funds were not compromised, the exchange said.
Users who visited the fake site or approved a wallet request were told to revoke suspicious token permissions through a reputable approval-management service. Extended also advised anyone who signed an unknown transaction to move remaining assets into a new wallet and treat the original address as potentially exposed.
Malicious claim pages frequently imitate active crypto projects and use wallet requests to obtain token allowances. Those permissions can allow a contract to transfer approved assets without acquiring the wallet’s seed phrase, matching the attack path used by many crypto wallet drainers.
Users who interacted with the page can review and remove permissions through the same process used to revoke unwanted token approvals.
Points Program Creates Token Speculation
Extended operates a points program that rewards trading, liquidity provision and referrals, but its documentation does not promise that points will convert into a token.
The first season launched in April 2025 with up to 1.2 million points distributed weekly. Extended had also issued 4.3 million early-participation points before the season began. The program directs users to Discord and X for updates, giving attackers a ready audience for the fabricated token announcement.
Extended was built by former Revolut executives as a self-custodial perpetual futures exchange using Starknet-based infrastructure. The platform supports more than 100 markets across crypto and traditional asset-linked products.
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EToro recently led a $12.5 million investment in Extended, with Jump Crypto and Alber Blanc also joining the round. The deal includes plans to integrate Extended’s perpetual futures engine into Zengo, the self-custodial wallet acquired by eToro in April.
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