Infinex focuses on simplifying DeFi workflows while preserving decentralization, offering a smoother and more accessible experience for both new and experienced users.
What is Infinex?
Infinex is a “crypto superapp”, an all-in-one application for crypto. In simple terms, Infinex aims to let users perform every major DeFi action (swap, stake, bridge, trade perps, earn yield…) without jumping between dozens of separate apps, without seed phrases, and without worrying about gas fees.
Launched in April 2024, Infinex solves a problem that every crypto participant knows well: DeFi is complex. Newcomers often choose centralized exchanges such as Binance or Coinbase because they are easy to use, but doing so requires giving up true asset ownership. Infinex wants to offer both, a smooth, CEX-like experience while maintaining full self-custody.
The system focuses on fixing three core issues in DeFi:
- Wallet setup complexity: Replaces seed phrases with passkeys, login feels like Web2 while remaining self-custodial.
- Gas fee friction: Gas abstraction, no need to hold native tokens of each chain.
- Multi-chain fragmentation: A unified interface to manage assets across more than 20 blockchains.
How Does Infinex Work?
Infinex is built on smart contract account architecture deployed across each supported chain. This approach creates a different experience compared to traditional wallets.
Infinex Account
When creating an Infinex account, users do not receive a seed phrase. Instead, the system generates a local passkey stored directly on the device. This passkey functions similarly to a blockchain private/public key pair, but it never leaves the device and can only be activated through biometrics or a device password.
This design brings two major advantages: protection from phishing attacks (the passkey is bound to the Infinex domain) and the elimination of seed phrase loss or recovery stress.
Wallet & Vault
Infinex separates assets into two environments:
- Wallet: A hot wallet for daily activity, swapping, trading, interacting with DeFi.
- Vault: A secure long-term storage zone, offering additional protection like recovery keys and emergency transfers to a third-party address.
Swidge: Swap + Bridge
Swidge is one of Infinex’s standout features. It enables swapping and bridging of more than 1,000 tokens across supported chains in a single transaction. The system integrates Jupiter Exchange, Mayan Swap, Relay, LiFi, and 1inch Fusion to secure the optimal route.
Key Features of Infinex
- Multi-chain Support: Works with 15 blockchains including Ethereum, Solana, Base, Arbitrum, Optimism, Polygon, BNB Chain, Berachain, Blast, and upcoming support for Monad, MegaETH, and Fogo.
- Passkey Authentication: Biometric login, no seed phrase, strong phishing resistance.
- Gas Abstraction: No need to hold ETH, SOL, or other native tokens to pay gas.
- Earn Integrations: Yield options from Ethena (USDe), Lido (stETH), Renzo (ezETH), Jito (jitoSOL), MakerDAO (sDAI).
- Infinex Connect: SSO-style access for external dApps such as Aave or Ethena
- Browser Extension: Use Infinex as a universal wallet with secure dApp connections (launching 30/11/2024).
- NFT Support: Includes major Ethereum collections such as CryptoPunks, Pudgy Penguins, and Milady.
$INX Token Information
$INX Key Metrics
- Token Name: Infinex
- Ticker: $INX
- Type: Utility & Governance
- Total Supply: TBA
- Contract Address: TBA
$INX Use Cases
- Governance: Token holders participate in major platform proposal decisions.
- Platform Incentives: Rewards for active users and ecosystem programs.
- Buyback Mechanism: Platform revenue used to buy back tokens, “We generate platform revenue across multiple products, then use that revenue to buy back tokens,” according to Kain Warwick (Founder).
$INX Listing Details
- TGE Date: TBA
- CEX Listings: TBA
- Pre-market Price (Whales Market): TBA
$INX Tokenomics & Fundraising
Tokenomics
Tokenomics has not yet been released. Whales Market will update once official details are available.
Fundraising
Infinex has raised a total of $80.29M across multiple rounds:
- ICO: $15M, date TBA, hosted on the Echo platform, with a one-year lockup for all purchased others.
- Private Token Sale: Held on 11/11/2024, amount undisclosed. Investors include Near Foundation.
- Undisclosed Round: Closed on 25/09/2024, raising $65.29M from major investors such as Stani Kulechov, Anatoly Yakovenko, Alex Svanevik, Framework Ventures, Solana Ventures, Wintermute, and several others.
Roadmap & Team
Team
Kain Warwick - Founder
Roadmap
The project has not released a detailed roadmap. Whales Market will update as soon as the information becomes available.
Conclusion
Infinex offers a blockchain-powered crypto super app designed with user experience at its core. The platform removes friction, reduces risk, and uses multi-chain technology to provide secure and convenient transactions for both new and advanced crypto participants.
Disclaimer: This article is for informational purposes only. It is not investment advice, and Whales Market is not responsible for any investment decisions made by readers.
FAQs
Q1. How is Infinex different from traditional crypto wallets?
Infinex uses passkeys instead of seed phrases, includes built-in swap/bridge/earn tools, and offers gas abstraction so users do not need native tokens of each chain.
Q2. Which major investors have backed Infinex?
Stani Kulechov, Anatoly Yakovenko, Alex Svanevik, Framework Ventures, Solana Ventures, Wintermute, and several others.
Q3. Which blockchains does Infinex support?
The platform currently supports more than 15 chains, including Ethereum, Solana, Base, Arbitrum, Optimism, Polygon, BNB Chain, Berachain, and Blast. Upcoming integrations include Monad, MegaETH, and Fogo at their respective launches.
Q4. What is the current price of $INX?
$INX has not been officially launched. Early participants may access pre-market pricing through Whales Market once the token becomes available for pre-TGE trading.
Q5. How can users trade $INX before its official listing?
Users can buy or sell $INX pre-TGE on Whales Market by creating or matching orders through a collateral-backed settlement system, allowing secure and transparent pre-market trading.