Infinex announced the launch of the Infinex Account, and its waitlist onboarding campaign, Speedrun the Waitlist, where users can deposit USDC to earn governance points (GP) and early access to upcoming protocol integrations, ascending users from its waitlist of over 230,000 emails. USDC deposits will be locked in users’ Infinex Accounts for 30 days while they accumulate GP. Infinex aims to accelerate mainstream onchain adoption by unifying decentralized ecosystems and applications under a single UX layer, built specifically for a web2 audience. The launch of the Infinex Account on the 13th of May will be the first time the public can access Infinex.
Decentralized technology has unlocked powerful new products, yet their adoption remains limited compared to centralized exchanges, due to UX barriers like wallet setup, asset bridging, and gas fees. Infinex introduces a revolutionary approach to accessing DeFi and onchain applications, abstracting away these barriers for a web2 user to provide safe and familiar access to onchain products without compromising the principles of decentralization. Its interface mirrors that of centralized exchanges, ensuring familiarity for users while embracing the key benefits of DeFi, such as self-custody, transparency, and composability.
Kain Warwick, co-founder of Infinex said, “DeFi has built the most amazing financial innovations over the last five years, but it remains complex and challenging for most users. We built Infinex to simplify access and make DeFi available to everyone. 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.”
To achieve a seamless user experience, Infinex introduces the “Infinex Account,” a cross-chain ‘UX layer’ that connects new users to onchain applications across the most popular blockchains, secured by passkey authentication and social sign-in. By doing so, the Infinex Account solves for the biggest barriers to using onchain applications, abstracting away, signatures, networks, and gas fees. The initial networks supported by Infinex are Ethereum, Solana, Polygon, Arbitrum, Optimism, and Base.
Wil Johnston, co-founder of Infinex said, “We’re launching the Infinex Account right as a new generation of users are entering crypto, and they need a safe and easy way to access it without having to learn anything new. Centralized exchanges have traditionally solved this, but they offer a watered-down version of crypto, without composability, transparency, or self-custody. The demand for onchain products, and even this year’s memecoin boom, shows decentralized technology is finally ready to scale to a broader market. Infinex is taking the responsibility to meet that demand.”
About Infinex
Infinex is the most user-friendly onchain platform and UX layer, providing direct access to decentralized protocols for a web2 audience. The platform aims to accelerate onchain adoption and onboard the new generation of crypto users by offering a seamless user experience while upholding transparency, self-custody, and composability. To learn more, please visit https://infinex.xyz/.