Abstract
The Infinex platform offers seamless access to onchain protocols, services, and decentralized applications. Designed with a non-custodial architecture at its core, Infinex leverages innovative security mechanisms centered around onchain smart accounts and passkeys. Currently supporting seven EVM and non-EVM blockchains—including Solana, Base, and Arbitrum—Infinex is engineered to become the primary interface for crypto users, replacing centralized exchanges.
This next-generation platform combines the ease of use associated with centralized services with the security, transparency, and decentralization of blockchain-native infrastructure.
👉 Discover how decentralized platforms are redefining crypto access—click to learn more.
Ecosystem Overview: The Shift from Centralization
For over a decade, centralized exchanges (CEXs) like Mt Gox have dominated the crypto landscape. There's an inherent contradiction in a peer-to-peer electronic cash system relying so heavily on centralized intermediaries. Yet this reliance emerged from user preference: convenience often outweighs security concerns.
Centralized platforms accelerated early adoption by aggregating liquidity far more efficiently than peer-to-peer alternatives. Without them, Bitcoin’s growth might have been significantly slower. However, the cost has been high—repeated incidents of hacks, fraud, and mismanagement have eroded trust.
Now, we've reached a turning point. Decentralized infrastructure has matured to the point where it can not only compete with but surpass centralized models in performance, security, and user experience. The time has come for a new phase of crypto evolution—one where users regain full control without sacrificing usability.
Core Philosophy: User Experience First
Infinex is built on a foundational principle: optimize the user experience. To displace centralized platforms, Infinex must replicate their intuitive workflows and comprehensive feature sets—while remaining fully non-custodial.
Unlike most decentralized projects that start with protocol design and work outward toward UX, Infinex begins with the end-user in mind. Historical data shows that building powerful infrastructure alone does not guarantee adoption. Users demand simplicity, speed, and reliability.
Infinex bridges this gap by integrating advanced onchain capabilities behind a seamless interface. Every decision—from account recovery to cross-chain swaps—is made with real-world usability in mind, ensuring that security never comes at the expense of accessibility.
Feature Overview: A Full Suite of Onchain Services
Centralized exchanges offer a wide array of financial tools. Infinex aims to deliver all these functionalities—directly onchain—through secure, composable protocols.
Self-Custody with Enhanced Security
While CEXs promise asset storage, they require users to surrender custody—putting funds at risk from platform failures or malicious actors.
Infinex solves this with a modern passkey-based smart account system, integrated with Turnkey for secure key management. Each user receives an individual smart contract account per chain, enabling self-custody without the complexity of traditional wallets.
A proposed extension using NEAR’s chain signatures could even enable self-custody on legacy networks like Bitcoin and Litecoin—unlocking recovery options for lost passkeys while preserving decentralization.
Spot Trading & Cross-Chain Swaps
Exchanges began as venues for trading between fiat and Bitcoin, but today’s users expect seamless swaps across assets and blockchains.
Infinex currently supports six chains with deep onchain liquidity. On EVM networks, integration with Curve Finance enables low-slippage stablecoin swaps and volatile asset exchanges via liquidity pools. For Solana, Jupiter Exchange will power efficient token swaps—bringing DEX-level functionality to mainstream users.
👉 See how cross-chain trading is evolving beyond centralized silos.
Margin Trading and Leverage
Although margin trading has declined in popularity due to the rise of perpetual futures, demand remains strong—especially when powered by permissionless lending protocols.
Infinex will initially support margin-like behavior by allowing users to borrow stablecoins against volatile collateral (e.g., ETH or SOL), then swap into other assets. This mimics spot margin while leveraging decentralized lending markets for greater transparency and safety.
Lending Protocols: Trustless and Resilient
The collapse of centralized lending platforms like Celsius and BlockFi exposed critical flaws in custodial models—primarily incentive misalignment. When lenders prioritize yield over collateral health, systemic risks emerge.
In contrast, protocols like Aave have proven robust across multiple market cycles, securing billions in assets. Infinex will integrate Aave as a starting point for EVM chains, with exploration underway for alternatives like Morpho and Ammalgam, which offer optimized interest rate models.
On Solana, Kamino provides a strong foundation for lending integration, taking advantage of fast finality and low fees.
Perpetual Futures (Perps)
Perpetual futures revolutionized crypto trading by unlocking massive liquidity in high-cap assets like Bitcoin and Ethereum. Platforms like FTX expanded these markets before their 2022 collapse.
Infinex originated from research into why decentralized perp protocols—such as Synthetix, dYdX, GMX, and Drift—have seen limited adoption despite superior security. The answer lies in UX gaps.
To address this, Infinex will prioritize integrations with familiar platforms like Drift and Synthetix, delivering perp trading that feels native yet remains fully onchain.
Options Trading
Despite being mainstream in traditional finance, options have seen minimal adoption in crypto—largely because perpetual futures offer simpler leveraged exposure.
However, the volume gap between centralized and decentralized options platforms is wider than for any other service. Could better UX close it?
Infinex plans to integrate Derive, currently the most liquid onchain options protocol. Additional instruments like Squeeth (from Opyn) and synthetic tokens from UMA may follow—offering sophisticated tools to advanced traders while keeping interfaces intuitive.
Staking and Liquid Staking Tokens (LSTs)
Staking gained momentum after Ethereum’s shift to proof-of-stake. Most CEXs now offer custodial staking—but this reintroduces counterparty risk.
Infinex already supports leading LSTs such as jitoSOL and wstETH, allowing users to earn yield without locking up capital. Future updates will enable direct staking of SOL and ETH into liquid staking protocols via the platform—fully non-custodial and composable.
NFT Trading Across Chains
NFTs surged in 2021 after early experiments on Ethereum. Unlike other services, no major CEX successfully integrated NFT trading—leaving the field open for onchain leaders like Blur, the most liquid NFT marketplace today.
Infinex will integrate Blur for NFT trading—but only after first enabling secure NFT custody across multiple chains. This ensures users can store, manage, and trade digital collectibles safely within one unified wallet.
Launchpads and Early-Stage Access
Binance popularized IEOs after the ICO crash of 2018, launching projects directly onto exchange listings. While interest waned, new platforms like pump.fun reignited speculative demand—especially around memecoins.
These platforms remain inaccessible to many due to technical barriers. Infinex aims to democratize access by offering safe onboarding to early-stage tokens—driving adoption through simplicity and security.
Yield Farming and Growth Incentives
Many launchpads now mimic yield farming by offering token rewards for staking. True yield farming happens onchain—through protocol incentives designed to bootstrap networks.
Infinex connects users directly to these opportunities. Whether it’s a new L1 rewarding early adopters or a DeFi protocol distributing governance tokens, Infinex provides frictionless access—giving users real value beyond just trading.
User Acquisition: Capturing New Cycles
Crypto adoption is cyclical. At each peak, the majority of users are newcomers with little brand loyalty. Each cycle brings exponential growth—creating opportunities for challenger platforms to displace incumbents.
Historical dominance shifts show this pattern clearly:
- 2011: Mt Gox
- 2013: Mt Gox / Bitstamp
- 2017: Binance / BitMEX
- 2021: FTX / Binance
- 2024: Binance (current)
Each transition was driven by new product innovations—ICOs, perpetuals, Solana ecosystem growth—and massive influxes of new users.
Infinex is positioned to capture the next wave through token-gated campaigns and points-based incentives, which dominate growth strategies in Web3. By offering safe, simple access to these programs, Infinex becomes the gateway for millions entering crypto for the first time.
Distribution Power: Reclaiming Onchain Attention
Today, centralized platforms control attention distribution—distorting markets by prioritizing asset prices over fundamental utility. When exchange listings matter more than network launches, incentives become misaligned.
Infinex reverses this trend by running on the same infrastructure it promotes. This creates a feedback loop: efficient protocols gain visibility; strong applications attract users; usage drives awareness—all without intermediaries manipulating visibility.
By aggregating diverse onchain services into one platform, Infinex enables fair comparison based on real performance—not marketing budgets.
Technical Architecture: Beyond Traditional Wallets
Traditional crypto apps rely on browser wallets connecting to RPCs—a brittle model with poor UX and no client-side state.
Infinex takes a different approach: maximize censorship resistance at the protocol layer, but assume uptime elsewhere to deliver superior usability.
Frontend App
Built as a React SPA using TypeScript, Vite, Tailwind CSS, and tRPC for end-to-end type safety. WebAuthn APIs handle passkey creation and authentication directly in-browser.
Backend Services
Hosted on Cloudflare Workers for scalability and security. Manages sessions, processes logic, caches blockchain data, and orchestrates transactions. Persistent state stored in Durable Objects and PlanetScale MySQL.
Onchain Infrastructure
Smart contracts (Solidity) for EVM chains; Solana programs (Rust) for Solana. Custom implementation—audited independently—with similarities to ERC-4337 but fully tailored for Infinex’s needs.
Gelato relays EVM transactions; Solana uses Triton and Helius RPC providers.
Protocol Integrations
Modular SDK allows secure, opt-in integration with third-party protocols. Each integration is isolated—limiting exposure and enabling independent updates without affecting core contracts.
Users approve each integration individually—ensuring granular control over permissions.
Security Overview
Passkeys: Phishing-Resistant Authentication
Passkeys replace passwords and private keys with OS-managed public-key pairs. Private keys never leave the device and require biometric or password verification for signing.
Benefits:
- Immune to phishing
- Always cryptographically strong
- No shared secrets
- Domain-bound signatures
Backend validates signatures; Turnkey translates them into chain-compatible formats (ECDSA/Ed25519).
Turnkey Integration
Provides non-custodial key management—private keys accessible only via user-approved passkey unlocks. Neither Infinex nor Turnkey can access them.
Secure-by-Design Principles
Combines CEX-like features (recovery, 2FA) with blockchain security (transparency, decentralization). Recognizes that one-size-fits-all security fails real users.
Funds Recovery
If a user loses their passkey:
- Option 1: Recover via own EOA (for technical users)
- Option 2: Use Apple/Google social sign-on (high-security providers)
Recovery address must be set before deposit address is shown—preventing post-loss redirection attacks.
All three methods (passkey + EOA + social) can be linked simultaneously for redundancy.
Even if Infinex shuts down, users can recover funds via EOA-signed transactions executed directly onchain.
Future plans include open-sourcing a recovery app and adding more onchain recovery functions.
Censorship Resistance
Funds recovery enhances resilience against platform shutdowns or access denial. While some recovery features require backend orchestration today, long-term goals include full self-sovereign recovery paths.
Governance: A Balanced DAO Model
Infinex operates as a DAO governed by a representative council (bounded delegation):
- 5 elected seats
- 2 appointed operational seats
This structure avoids governance fatigue and diffusion of responsibility while maintaining accountability.
A governance token—the Patron NFT—grants voting power. Distribution occurred through two launch campaigns:
- Speedrun the Waitlist
- Craterun
Participants who created accounts and deposited funds earned mint passes—ensuring broad, engaged ownership from day one.
This hybrid model balances decentralization with operational efficiency—one of the most stable governance frameworks tested in Web3.
Conclusion
Infinex represents the culmination of a decade of innovation in blockchain infrastructure. It combines cutting-edge technologies—smart accounts, passkeys, modular integrations—into a cohesive platform designed for mass adoption.
By delivering the convenience of centralized exchanges without compromising self-custody or decentralization, Infinex paves the way for millions of new users to enter crypto safely and confidently.
When we run our ecosystems on the same rails we advocate for globally, we prove their viability—not just philosophically, but practically. Infinex is that proof.
Frequently Asked Questions (FAQ)
Q: Is Infinex a wallet?
A: Yes—but it’s more than that. Infinex is a full-featured platform combining a smart contract wallet with integrated DeFi services like swaps, lending, staking, and trading—all accessible through a single interface.
Q: Can I use Infinex without knowing how blockchains work?
A: Absolutely. Infinex is designed for both beginners and experts. You get advanced capabilities under the hood with a simple, intuitive front end—no need to manage private keys or understand gas fees manually.
Q: How does passkey login work?
A: Passkeys use your device’s built-in biometrics (Face ID, fingerprint) or screen lock to securely authenticate you. Your private key never leaves your device and can’t be phished or stolen remotely.
Q: What happens if I lose my phone?
A: You can recover your account using backup methods like your personal wallet (EOA), Apple ID, or Google account—whichever you’ve set up during onboarding.
Q: Does Infinex support Bitcoin?
A: Native Bitcoin isn’t directly supported yet, but future plans include cross-chain capabilities via NEAR’s chain signatures to enable secure custody and recovery workflows even for non-smart-contract chains.
Q: How is Infinex different from MetaMask or Rainbow?
A: While those are wallets, Infinex is an integrated platform offering exchange-like functionality with full self-custody. Think of it as “Coinbase UX with Uniswap’s decentralization”—all in one app.