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<p>Infinex is a decentralized perpetuals exchange created by the founder of Synthetix, Kain Warwick, aimed at providing a user experience similar to centralized exchanges. Unlike traditional DeFi platforms, Infinex allows users to create an account with a username and password, storing private keys in the browser without the ability to withdraw deposited funds, enhancing security and ease of use. The platform leverages Synthetix's derivatives and stablecoins, such as sUSD, for trading, while collecting fees from trading, integration, and staking SNX tokens. Infinex is designed to attract existing crypto traders from centralized exchanges by offering a familiar and efficient trading experience within a decentralized framework. Additionally, the platform is built with open-source components to minimize regulatory risks and will be governed by the Synthetix (SNX) token.</p>

Sonar Sale Details

Patrol Sale

Team

Treasury

Craterun vouchers

Sonar Sale

Previous Incentives

<p>Sep 25, 2024, Infinex raised $65.3 million through an NFT sale.</p>

Infinex

Infinex is a decentralized exchange offering a user-friendly trading experience similar to centralized exchanges.

VBT Yazilim

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Cetus

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Unlock exclusive vesting data

Name	Total	Unlocked	Locked
Team	20%	-	20%
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

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