Infinex, the DeFi platform founded by Synthetix creator Kain Warwick, has officially opened registration for its INX token sale. Scheduled to run from January 3 to 6, 2026, the event marks a pivotal moment in the project’s Token Generation Event (TGE) strategy.
In a notable move, Infinex has slashed its Fully Diluted Valuation (FDV) from an initial $300 million down to $99.99 million. This 66% reduction is a deliberate attempt to align with current market conditions and lower the barrier to entry for new investors.
According to Warwick, the goal is to expand the ecosystem beyond existing holders and attract fresh capital and community members to the platform.
The sale will be hosted on the Sonar platform and features a unique distribution model:
Despite the significant valuation adjustment, immediate market reaction has been relatively quiet. However, the shift signals a broader trend in DeFi where projects are opting for more "realistic" valuations to ensure successful launches and long-term sustainability.
December 2025, Cryptoniteuae