Infinex TGE on Jan 30: Sonar Sale 44% Oversubscribed, $INX Premarket at $0.03

Infinex TGE on Jan 30: Sonar Sale 44% Oversubscribed, $INX Premarket at $0.03

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News Editor 01
2026-07-24 09:05:17
Infinex TGE set for Jan 30, 19:00 UTC. Sonar Sale raised $7.2M with 44% oversubscription, 5% supply locked for one year. Bybit pre-market perpetual shows $0.031-0.032. Patron NFT snapshot same day.

Infinex Token Generation Event is confirmed: January 30, 2026 at 19:00 UTC. The decentralized perpetual exchange, backed by Synthetix founder Kain Warwick, aims to combine centralized platform speed with DeFi trustlessness.

Sonar Sale 44% Oversubscribed, 5% Supply Locked for One Year

The sale closed on January 10 with $7,214,204.80 USDC committed from 868 participants. The $5M allocation (5% of total supply at ~$99.99M FDV) was filled 44% above target, with $2.21M refunded. All tokens are locked until January 30, 2027, drastically reducing early sell pressure.

Patron NFT Snapshot and Airdrop: Tight Window

Snapshot happens at 07:00 UTC on the same day, 12 hours before TGE. Each Patron NFT held at snapshot entitles the owner to claim 100,000 $INX via the official app. NFTs bought after snapshot get zero airdrop. Users are advised to cancel active marketplace bids to avoid losing the claim.

Tokenomics: 10 Billion Total Supply, Most Locked or Gradual Release

Total supply is 10 billion. Specific allocations are not detailed in the source, but the emphasis is that most supply is locked or vests linearly. Early unlock pricing starts at $300M FDV ($0.03 per token), declining linearly over one year to $99.99M FDV ($0.0099). Holders wanting early unlock must pay the spread between purchase price and current unlock price.

Bybit Pre-market Perpetual at $0.031–$0.032

Bybit listed the $INXUSDT pre-market perpetual contract with up to 5x leverage. The pre-market price hovers around $0.031–$0.032, closely matching the official early-unlock valuation of $0.03. Analysts see strong support at $0.027–$0.029; listing day expectations are $0.03–$0.035, with bullish scenarios reaching $0.045–$0.06.

Exchanges: MEXC, Bitget, Bybit, WEEX Confirmed; Coinbase on Roadmap

Trading will be available on MEXC, Bitget, Bybit, and WEEX. Coinbase added Infinex to its roadmap, with rumors of Binance joining later. $INX exists only on Ethereum and Solana, eliminating multi-chain inflation concerns.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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