Infinex

INXRating B
DeFiDEXLending2023 Founded

Infinex is a new crypto application launched by Synthetix, providing access to a variety of on-chain protocols, services and applications. It is unmanaged and uses a new security architecture centered on on-chain smart accounts and keys. Infinex was previously a decentralized perpetual protocol.

INX Price$0.00828
Market Cap$16.53M
FDV$117.48M
Daily Volume$1.34M
01

Project Profile

Project Profile

Overall AssessmentA- · Product-driven potential · Overall constructive, with product execution and ecosystem expansion worth watching, but valuation and token supply pressure remain key risks.

Infinex’s strongest edge is its clear product thesis: a unified, human-friendly DeFi app built around smart accounts and key-centric security. The main risk is that token valuation is already ahead of the current market base, while the shift from protocol to application still needs sustained proof in user retention and activity.

AI Bull Case· 5
  • Backed by Synthetix, with strong brand recognition and industry credibility
  • Unified entry point fits the trend of simplifying multi-chain DeFi
  • Smart account and key-centric architecture strengthens UX and security narrative
  • Strong investor base spanning trading, infrastructure and ecosystem capital
  • Built on Base, which can help access existing users and traffic
AI Bear Case· 4
  • The shift from perpetuals to an application layer is still in validation
  • FDV is well above current market cap, so unlock and valuation pressure matter
  • Community interest is decent, but sustained breakout traction is still missing versus top apps
  • Token economics and value capture still need clearer definition
4/ 5.0 Overall
Technical Architecture4.7
Market Performance4.4
Community Activity3.8
Tokenomics3.6
Team Background4.5
Token Concentration3
02

Funding History

Funding History
Funding rounds1
Total funding$65.3M
Latest round--
Latest funding date2024-09-25
03

Team

Team

AI Team Profile AnalysisExecution 9 / 10

The team is led by Kain Warwick and combines Synthetix-native experience with product-building capability. The roster covers technical, finance and core contributor functions, while the investor base spans trading, infrastructure and ecosystem funds, signaling strong industry consensus but also high execution expectations.

04

Product & Token

Product & Token
Price$0.00828
Circulating Mkt Cap$16.53M
FDV$82.88M
24H Volume$1.34M

INX is the core asset of the project ecosystem, connecting product usage, network incentives, staking or governance functions, and the broader on-chain application stack.

Native gas, staking and governance tokenhighcoin_projectsrootdatacoin_token_security_ai_profile

Defi

high

Gp

medium
05

Token Unlock Details

Token Unlock
20.96%Unlocked
Unlocked20.96%
Locked (linear release in progress)25.00%
Untracked54.04%

Recent Unlock Events

Linear
153.84MINX
Linear
153.84MINX
Linear
153.84MINX

Unlock Schedule

Unit: INX · Updated 2026-08-16 00:58:54
AllocationUnlocked valueFiat value
Team0$0
Treasury1.62B$18.02M
Previous Incentives476M$5.3M
Unlocked market cap
$17.33M
Unlocked circulating supply
2.1B INX

Token Allocation

Total supply 10B INX
10BINX total supply
AllocationTotalUnlockedProgress
Patrol Sale44.04%0.00%
Team20.00%0.00%
Treasury16.20%16.20%
Craterun vouchers10.00%0.00%
Sonar Sale5.00%0.00%
Previous Incentives4.76%4.76%
06

Ecosystem Network

Ecosystem
No ecosystem data available
07

On-chain Data

On-chain Data
Average Daily Volume$6.74M
Protocol TVL--
Active Trading Addresses--
Derivatives Market Share0.06%

On-chain data shows the project has strong momentum across trading volume and capital locked. As a leading decentralized derivatives project, it continues to show solid usage and liquidity.

08

News Updates

Live sync
Loading...

Comments

Me
Replying to @User
0/800

No comments yet.

Notifications

Sign in to view messages
View all messagesManage subscriptions