Infinex completes public fundraising: 868 participants, 7.21 million USDC, 99.5% of users received full allocation

HashBandit · 2026-01-15T07:40:10+00:00

The public fundraising for the cross-chain DeFi aggregation platform Infinex has concluded, attracting a total of 868 participants and raising 7.214 million USDC, with the amount exceeding the $5 million limit refunded. After reconciliation, 99.5% of participants received full allocation, and the INX token generation event is scheduled for January 30th.

HashBandit

2026-01-15 07:40:10

Abstract generation in progress

【Blockchain Rhythm】The public offering phase of the cross-chain DeFi aggregation platform Infinex has concluded. This round of funding attracted 868 participants and ultimately raised 7.214 million USDC. Interestingly, this subscription set a cap of 5 million USD, with any excess directly refunded, approximately 2.21 million USD being returned to users.

The allocation mechanism was carefully handled— the platform identified and cleared funds from 1.2 million USD worth of wash trading addresses, ultimately setting the maximum allocation per participant at 245,000 USD. The result is quite impressive: 99.5% of participants received full allocations, and refunds have already been credited to Infinex accounts.

The TGE of INX tokens is scheduled for January 30, with participants receiving 5% of the total INX supply.

USDC-0.03%

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probably_nothing_anon

· 4h ago

99.5% full allocation? This data seems a bit too perfect, it feels somewhat suspicious.

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hodl_therapist

· 4h ago

Haha, this method of clearing the witch addresses is impressive. Distributing 99.5% in full is really good.

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NFTArchaeologist

· 4h ago

99.5% full allocation? The mechanism design is quite detailed, but it's pretty harsh that the witch addresses were cleared out of 1.2 million.

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Token_Sherpa

· 4h ago

ngl the 99.5% full allocation hit is sus... felt that sybil cleanup though, finally someone actually doing the work instead of pretending. 5% to early participants screams velocity trap waiting to happen - we'll see if inx survives past month 2 without becoming another governance theater token

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