Extended, the on-chain perpetual futures exchange, has published the results of its points program review. A total of 5,038,989 points were removed after being linked to unnatural or manipulative activity. As of August 10, the updated program's total points balance stood at 64,673,031. The adjustment affected 4,017 accounts, and 35 instances of Sybil operations — a practice where an individual creates multiple fake identities or accounts — were identified. The review's focus areas included cross-account wash trading, self-referrals, clusters of Sybil wallets, and coordinated multi-account activity. All removed points have been returned to the program budget, allowing real participants to keep earning. The total points issuance cap remains at no more than 70 million. Foresight reported the announcement on August 11, 2026.
Extended, the on-chain perpetual futures exchange, has published the findings of its points program review. In total, 5,038,989 points were removed from the program. These points were tied to unnatural or manipulative activity. After the update, the total points balance was 64,673,031 as of August 10.
The review covered 4,017 affected accounts and identified 35 cases of Sybil operations, along with other violations. The main focus areas were cross-account wash trading, self-referrals, Sybil wallet clusters, and coordinated multi-account activity.
The points that were deducted have been returned to the program budget, so genuine participants can continue to earn them. The cap on total points issuance remains no more than 70 million. Foresight reported the announcement.
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