infinex17

what's infinex?

Infinex is a crypto super app that combines a self-custodial wallet, portfolio manager, and trading terminal into one platform, offering a centralized exchange-like experience onchain. It supports features like perpetuals trading with up to 40x leverage across 100+ markets, powered by Hyperliquid, and enables seamless interactions with DeFi protocols via Infinex Connect. The app emphasizes user-friendly UX with passkey authentication, no bridging required for funding, and multichain support including Avalanche, Solana, and HyperEVM. It aims to bridge the gap between CeFi and DeFi by providing intuitive tools for depositing, earning yields on stablecoins, and swidge (swap + bridge) assets across chains.

Snapshot

Infinex established a 2025 partnership with CoW DAO.

4D ago
PARTNERSHIP

Established a partnership with CoW DAO in 2025.

1W ago
VISIBILITY EVENT

Mentioned as an example of cross-chain USDC transfer functionality from Arbitrum to Base with $0.004 transaction cost.

2W ago
FINANCIAL EVENT

Conducts INX token sale on 2025-01-03 at $99.99M valuation with 5% of supply being sold

3W ago
TECH EVENT

Will integrate Synthetix and Lighter perps.

ONCHAIN METRICS

Achieved over $100 million in daily perpetuals trading volume during the Craterun period.

1M ago

Bonus crates are distributed via a CT Mafia ranking list with allocations ranging from 50-250 crates based on Crypto Twitter rankings. Crate rewards convert to vouchers that have projected $INX token value.

Early user crates distribution goes live for users who used the arena, Swidge, or Perps before public launch, with claims expiring December 22nd.

A new weekly incentive program goes live where $sUSD deposits earn a share of 10,000 SNX per week and eligibility for raffle prizes including Patron NFTs, ETH, and additional SNX.

The platform generates $405,551 in 7-day revenue and ranks #41 as a new entrant on DefiLlama's top-100 revenue dashboard.

The ICO allocates 5% of total INX supply at $300M FDV targeting $15M raise, with all tokens subject to 1-year lock and optional accelerated vesting where unlock fee starts at $1B FDV at TGE and decays linearly to $300M over the lock period.

Patron bonus crates distribution begins December 11th at 00:00 UTC, with holders having until December 18th to claim their 50 crates per liquid Patron.

Infinex is listed among the top 7 projects ready to launch their native token according to @top7ico analysis.

Patron NFT holders receive 50 bonus crates from the Dec 9 snapshot and earn 1 crate per day per liquid Patron starting today.

Infinex Patrons NFTs increase 3% to 1.92 ETH floor price, leading notable movers in the NFT market.

The Patron bonus crates snapshot deadline extends to December 9th at 00:00 UTC, with liquid Patrons in wallets, vaults, and imported wallets all eligible for bonus crates.

First 100 hours of Craterun shows 66,000+ crates opened by users, with INX vouchers distributing $345k daily and holders up $1.25M.

$sUSD deposits now earn a share of 10,000 SNX per week plus eligibility for raffle prizes including Patron NFTs, ETH, and additional SNX.

The project faces ICO controversy discussed on industry podcast Uneasy Money.

The project's $6M InfoFi rewards campaign was removed by the hosting platform after months of user reports, with no communication provided about the takedown.

The Infinex Extension launches, enabling users to connect their accounts with external onchain applications using passkey authentication across all supported chains and wallets.

Crate Run mechanics show volume-based milestones from $1B to $10B unlocking NFT raffles (Pudgy Penguins, CryptoPunks, Hypurr) and USDC prizes including weekly $50k draws and $1M at final milestone.

Free transactions discontinued; users must now top up gas wallets themselves, removing the platform's primary unique selling proposition ahead of TGE.

Critical feedback emerges about wallet import security requiring private keys without hardware wallet support, and airdrop participation requires minimum 10k+ TVL.

Founder publicly acknowledges that rapid growth and bot-driven psyops turned a discovery platform from high signal into a net-negative environment.

$INX token lists on upcoming pre-market trading platform.

Crate Run goes live with certain boxes claimable immediately, while additional boxes are incentivized by perpetual trading volume and historical app usage.

New wallet import feature launches targeting perps trading wallets, with reported bug affecting hip-3 positions and xyz markets detection. Live event with Pyth occurs on Day 2 of Craterun.

Platform experiences technical issues preventing Patron NFT transfers and ETH deposits for gas, with users unable to move assets from vault to wallet.

$S token integration enables fastest deposits to the platform. New giveaway campaign distributes 150 crates with INX vouchers (pre-TGE), NFTs, and $1M prize pool to 15 winners selected by Friday.

Registration opens soon and users can verify on Sonar now.

The governance token $INX sale will launch on Sonar (Echo) platform. Craterun offers up to 500x $INX vouchers as rewards.

10% of INX token supply will be distributed as vouchers through Craterun, with weekly rewards including $50K cash draws, five instant $10K winners, and 10 Patron NFTs.

Patron NFTs trade at an implied FDV of $439m, and INX vouchers function as one-year options to purchase tokens at valuations ranging from $1m to $500m.

Craterun goes live, featuring a "CT Mafia Blood Money" campaign that distributes bonus crates to participants.

One perpetual futures user will receive $1M in stablecoins when total platform volume reaches $10B.

Final claim deadline for S0, S1, and Kaito ecosystem airdrops is December 1, 2025, 00:00 UTC, after which unclaimed rewards are forfeited and Crates begin dropping.

The ICO valuation stands at 1B FDV.

The project has $161M TVL and $5M annualized fee revenue, with $67M raised from patron sales. The allocation structure favors liquid patrons over max locked users, and community complaints emerge about denied rewards.

The Craterun contest returns with 500 exclusive crates for the Pudgy Penguins community, containing INX token vouchers, cash, NFTs, and prizes up to $1M.

The Sonar sale targets $15M at $300M FDV with one-year token locks that have premium early unlock options, and newcomer participation capped at $5K.

Patrons NFTs imply a 500M FDV valuation based on illiquid market activity, while direct competitor Defiapp trades at ~200M FDV four months after its TGE.

The ICO sells only 5% of total token supply.

A tweet from influential crypto figure "wale" about the ICO causes negative sentiment shift and reduces participation interest among traders. (Tweet ID: 1994643348104331277)

$67M raised from Patrons, and the team has locked up for another year. (Tweet ID: 1994464116891681133)

Token sale active at $300M FDV with one-year lockup while current Patron NFT marketcap stands at approximately $500M FDV across 100k total NFTs, with potential TGE targeting over $1B FDV.

TGE targets January 15, 2026, allocation uses lottery system if oversubscribed, and crate run begins Monday.

The presale has a $15M hardcap and features an accelerated vesting mechanism that allows early unlock of locked tokens at FDVs that decay from $1B down to $300M over the 1-year lock period.

The public sale features a $300M FDV entry point for tokens locked for one year. The sale structure faces criticism from community members questioning the terms and valuation. (Tweet IDs: 1994338438397702231, 1994342850322903224)

Current TVL stands at $161M. (Tweet ID: 1994308608171884784)

The Sonar sale offers a second option at $1B FDV with instant token unlock, while Patrons NFTs currently imply a $545M FDV but remain highly illiquid.

The Sonar token sale allocates 5% of total token supply, with pre-registration opening in the coming weeks.

sUSD deposits earn a share of 10,000 SNX per week and qualify for weekly raffles awarding Infinex Patron NFTs, ETH, and SNX.

Sonar sale allocates 50-60% to Patrons with $500K max investment size per patron, and 40-50% to public lottery with $5K max cheque size.

The public Sonar sale features $200-$5,000 order limits, lottery-based allocation, and tokens locked for 1 year before January 2026 TGE.

Infinex announces Sonar ICO at $300M valuation to raise $15M ahead of January 2026 TGE, following $67.7M Patron NFT round.

Kain hints that the top 5,000 accounts on CT with onchain historical activity will receive substantial rewards in the upcoming Craterun event.

Perps product line generates $610,992 in revenue over 98 days, with approximately half that time restricted to patrons only and zero promotional activity since going public.

A craterun event kicks off on December 1st.

Infinex commits 20% of platform revenue to Patrons buybacks and executes first purchases, with price rising 21% to 1.85 ETH.

Platform revenue exceeds $600k, with 20% of earnings allocated to Infinex Patron buybacks.

The platform adds Monad chain support, integrating it into the unified multi-chain balance and token data system powered by Zerion API.

A sonar sale is in preparation and the exchange launches public alpha within a week with season two of the trading competition.

Infinex integrates with NEAR Intents protocol, enabling users to access solver-based trading for best pricing across multiple venues.

Added to crypto trader's watchlist for potential Token Generation Event before 2026 under infrastructure category.

$100K in cash is distributed every week.

DFlow's JIT Routing integration brings Solana execution capabilities to the platform.

The December 1 Craterun distributes $2.5M in cash and prizes along with up to 10% of the INX token supply.

Craterun returns on December 1 as the next stage of airdrop preparation.

2M ago

Patron NFT floor price increases from 1.35 to 1.61 ETH, while crates contain cash prizes up to $10k and NFTs including Pudgy Penguins, Punks, and Hypurrrrrrs, with INX vouchers featuring FDV ranges from $1m to $500m matching the current project valuation.

Token distribution allocates 100,000 INX per Patron NFT (10,000 per uPatron) from 10B supply, with crates awarded to BullRun performers, historical Infinex users, XGP holders, and perp traders from GMX, Hyperliquid, and Aster containing vouchers with FDV tiers and expiry dates.

The platform prepares for $INX token launch and transitions into a full cross-chain crypto superapp with major ecosystem integrations and reward campaigns to drive adoption.

Top ~5,000 Crypto Twitter accounts become eligible for CT Mafia bonus crates ranging from 1-100 per account based on CT influence and onchain activity, ahead of upcoming craterun and sonar sale events.

Founder becomes co-host of new Unchained podcast livestream series Uneasy Money.

Airdrop of 242,661 µPatrons tokens distributed to users from Infinex yaprun s1 campaign.

The Infinex extension is operational, with users able to import seed phrases and sweep assets from old wallets.

First trade on Synthetix via Infinex was completed, marking a live operational milestone for the platform.

Rewards program for sUSD depositors extended, offering 10,000 SNX per week and raffle prizes including Infinex Patron NFTs and ETH.

Infinex adds ZEC (Zcash) support through NEAR Protocol integration.

Special livestream event scheduled for tomorrow featuring Gainzy, Mert, Illia, and Kain discussing Infinex alongside NEAR Intents, Zcash, and financial privacy.

XGP conversion deadline set for November 9.

XGP early governance token is being retired ahead of the upcoming Crates campaign and Token Generation Event.

Post published covering SLP vault incentives, mainnet composability, SNX tokenomics roadmap, and superapp integration plans.

CZ endorses or promotes aster token which trades on the platform, leading to bullish positioning from traders with entry at 1.19 and target at 1.65.

Aave deprecates support while Infinex doubles down on sUSD and SNX exposure.

Revenue model published outlining token buyback mechanism using generated revenue to repurchase tokens after launch.

Trading competition moves into phase two with $50k margin top-ups distributed to all traders on November 5. The team was liquidated on a significant SNX long position.

Patron NFTs currently lack selling functionality, preventing holders from liquidating their positions despite the collection's market cap surpassing SNX.

Patron NFT collection surpasses SNX in market cap.

sUSD loses its peg with increased liquidity strain on redemptions for SNX, creating potential operational concerns for the platform's stablecoin infrastructure.

TGE date announcement targets end of November. Crate campaign includes entries into a $1M prize draw with rewards randomly distributed to ranked accounts based on historical usage.

Perpetual trading goes on-chain with Hyperliquid integration, offering 100+ markets, 40x leverage, and 80% fee cashback.

Team relocks all team tokens (20% of supply) for 12 months plus linear vesting until PMF is achieved. A three-phase pre-TGE plan includes a pre-market perpetual trading window for wider token distribution before the late December or early January TGE.

TGE timing narrows to specifically December with 100% of token supply allocated to Patron NFT holders and a separate public sale to occur via Sonar. Competitor defiapp runs a simultaneous $1M perp trading competition in November.

TGE window set for December/January with under 10% supply liquid at launch, while a Sonar token sale will occur before TGE and a mid-November crate campaign determines token allocations through wallet import, social connects, and on-chain activity ranks.

Founders are connected to Pudgy Penguins according to promotional content about the upcoming TGE. Governance team members allegedly exited SNX positions while encouraging sUSD deposits, raising conflict of interest concerns.

A formal path to TGE is laid out with Crates being used to incentivize multiple major product launches coming over the next few weeks.

Synthetix will be added to Infinex Perps alongside the existing Hyperliquid integration, with the project positioning itself as Ethereum's first perps DEX.

Patron NFTs surge to 1.3 ETH floor following a TGE announcement tweet.

Crate run feature returns with bulls to be integrated into it, rebranding completed, and Hyperliquid integration now live for perpetual trading.