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Infinex

Infinex is a front-end site that unifies decentralized finance applications into a single user-friendly layer and was launched by co-founder in May 2024. [1]

Overview

An Infinex Account is a cross-chain wallet that currently supports the major EVM chains plus , replacing the need for managing multiple wallets, , and bridging. It’s secured with a passkey and is recoverable, removing the need to manage passwords and seed phrases. It’s also self-custodial, meaning a user's assets remain that. [1]

Infinex is set up as a , or DAO, which is governed by an elected council based on an open and battle-tested governance protocol. Infinex helps secure funds onchain, which means users maintain custody at all times. [1]

The launch featured an Infinex Account, with a user waitlist process. The platform aims to lower the entry barriers typically associated with — such as complicated wallet setups, asset bridging, and gas fees, the team noted. Early access is based on deposits and governance points granted. [2]

The Infinex Account will feature cross-chain capabilities and is secured through passkey authentication and social sign-in options. This approach can address major barriers to using onchain applications by abstracting away usual complexities, the team claims. [2]

“Infinex will make it possible for everyone to use crypto and gain access to the expansive options of onchain trading without relying on someone’s centralized database and relinquishing control of their assets,” Kain Warwick, co-founder of Infinex, emphasized the platform’s aim to make decentralized finance more accessible and simpler for all users.[2]

The platform operates alongside and the initial networks supported currently include six blockchains: , , , , , and . [2]

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Infinex

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May 20, 2024

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