The DeFi protocol Infinex based on Synthetix and Base has been launched on the mainnet. It is reported that Infinex perpetual contract trading aims to integrate the advantages of DeFi and Web2 to enhance user experience, with features including self-custody, no permission required, and transparency.

In July, founder of derivative protocol Synthetix, Kain Warwick, announced his new decentralized perpetual contract trading platform Infinex, which no longer requires the use of a crypto wallet to sign transactions, but instead uses a process similar to creating a username and password.