Extended Completes Arc Migration With $120 Million in TVL Moved

Simon Yoon

1 min read

Extended Completes Arc Migration With $120 Million in TVL Moved

Trading continued through the move, and open positions, orders, deposits and withdrawals remained available or reopened afterward.

By Simon Yoon

Published Oct 23, 2026, 11:29 AM EDT

Mentioned assets

USDC
BTCBitcoin
USDTTether
ETHEthereum

Unmarked collateral discs cross a narrow glass bridge / TokenPost.ai

Extended has completed its settlement shift from Starknet to Circle’s Arc, with trading kept open during a migration that moved $120 million in TVL.

Open positions and orders carried through the cutover, and deposits and withdrawals have reopened.

On Arc, USD Coin (USDC) serves as dollar collateral and Circle Wrapped Bitcoin (cirBTC) as Bitcoin (BTC) collateral. Tether (USDT) and Wrapped Bitcoin (wBTC) are unsupported on the network, so affected users had to convert or withdraw them before the migration. The move follows the exchange’s pre-migration conversion terms.

Arc’s mainnet launched Sept. 16. The network is compatible with the Ethereum Virtual Machine (EVM), uses USDC for transaction fees and provides deterministic finality in less than one second. USDC transfers to Arc use Circle’s Cross-Chain Transfer Protocol (CCTP).

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.