Infinex is a decentralized finance (DeFi) platform aimed at simplifying the user experience of blockchain and cryptocurrency by providing a user-friendly interface and cross-chain functionality, making DeFi more accessible to the average user.

Project Background

Founder: Infinex was created by @kaiynne, who is also the founder of the Synthetix protocol (a decentralized derivatives platform) and has extensive DeFi development experience.

Launch Time: The project officially launched in April 2024. Innovative financing was achieved through Patron NFT, raising $67.7 million through NFT sales in September 2024, with investors including Peter Thiel's Founders Fund, Vitalik Buterin, and others. Patron NFT holders can participate in governance, electing 6 council members (along with 2 technical experts) to jointly decide on the platform's development direction, such as supported assets, protocols, or features. NFTs are divided into three categories (Liquid, Linear, Locked), each with different lock periods and unlocking mechanisms, with a current total market value of about $530 million, second only to CryptoPunk.

Core Functions and Features

Non-Custodial Cross-Chain Wallet:

Infinex provides a non-custodial cross-chain wallet that supports multiple blockchains, including Ethereum, Solana, Arbitrum, Optimism, Polygon, and other EVM chains, as well as non-EVM chains like Solana.

Users can manage multi-chain assets through a single wallet, eliminating the complexity of managing multiple wallets, mnemonic phrases, and cross-chain bridging.

Passkey Security Mechanism:

Infinex uses innovative passkey technology to replace traditional mnemonic phrases (seed phrases), authenticating identity through biometrics (such as fingerprint or facial recognition) or device passwords, enhancing security and user experience.

Passkeys are stored locally on the user's device and cannot be accessed by the platform or browser, and are specifically designed for the Infinex domain, reducing the risk of phishing attacks.

Seamless User Experience:

No Gas Fees: Infinex abstracts away gas fees, allowing users to trade without holding the native tokens of specific chains.

Swidge Functionality: Supports cross-chain asset swaps, integrating protocols like Jupiter Exchange and Mayan Swap to optimize trading paths and liquidity.

Vault and Wallet Structure: Provides a dual account design of “Wallet” (burner wallet for daily transactions) and “Vault” (high-security storage), balancing convenience and security.

DeFi Functionality Integration:

Supports staking (e.g., JitoSOL, wstETH), perpetual contract trading, NFT storage and trading, yield farming, etc.

Plans to launch a Launchpad to facilitate new project launches and provide retail investors with participation opportunities.

Integrated protocols include Ethena (USDe), Lido (stETH), MakerDAO (sDAI), etc., offering diverse yield opportunities.

TVL (Total Value Locked): The platform's TVL is approximately $318 million, demonstrating strong early user adoption momentum.

Community Attention: On social media, Infinex is widely discussed for its user-friendliness and potential airdrop opportunities, especially with its collaboration with Kaito AI, which significantly increased attention (social media mentions surged by 320% in May 2025).

Potential Airdrop

Although Infinex has not formally confirmed an airdrop, the community speculates that it may reward early users through token distribution. Possible eligibility criteria include account creation, on-chain transaction volume, cross-chain activity participation, etc.

@infinex has partnered with @KaitoAI to launch a reward pool worth approximately $6 million in µPatrons to incentivize user participation.

Advantages and Challenges

Advantages:

User Experience: By simplifying operations and eliminating gas fees, Infinex lowers the barriers to using DeFi.

Security: The passkey and non-custodial design enhance asset security, suitable for both beginners and experienced users.

Multi-Chain Support: Supports mainstream EVM chains and Solana, providing a one-stop DeFi solution.

Team Background: The experience of Kain Warwick and the Synthetix team lends credibility to the project.

Challenges:

Competition: Faces competition from established multi-chain wallets like Phantom and OKX Wallet, as well as centralized exchanges like Binance.

If you are interested in participating in Infinex (such as potential airdrops or NFT purchases), it is recommended to:

Visit the official website (https://t.co/BCUEZ3jS17)

Follow the official social media of Infinex and Kaito.