Extended RWA Prime Market Surges 36 Targets with SOFR-Benchmarked Funding

Extended launches RWA Prime for ~36 US stocks, using SOFR benchmark and RFQ model. Trading is 24/5 with positions open on weekends, marking a structural shift in on-chain equity derivatives.

Woofun AI reports that Extended has initiated its RWA Prime market, offering perpetual futures on approximately 36 U.S. stock targets. The platform operates on a request-for-quote model without a real underlying order book, setting funding rates based on open interest skew rather than bid-ask spreads. Rates are benchmarked to the Secured Overnight Financing Rate (SOFR). Trading occurs 24/5, pausing on weekends and holidays while positions remain active. Listings span semiconductor equipment, wafer foundries, electronic design automation, Chinese ADRs, cloud computing, software, and Bitcoin mining companies.