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infinex

Synthetix Extends sUSD Deposit Rewards on Infinex for 12 Weeks Ahead of Mainnet Perps Launch

by Suro Senen January 12, 2026

written by Suro Senen

Infinex, a pioneering non-custodial crypto application, in collaboration with the decentralized derivatives protocol Synthetix, has announced a significant 12-week extension of SNX token rewards for sUSD depositors. This strategic move, effective from December 19th, 2025, until March 13th, 2026, is specifically designed to bolster liquidity and user engagement in anticipation of the imminent launch of perpetual futures (perps) on the Synthetix Mainnet. The extension aims to cultivate a robust and active user base, ensuring ample sUSD liquidity, which is crucial for the efficient functioning and widespread adoption of the new decentralized trading environment.

Strategic Imperative: Fueling the Mainnet Perps Launch

The decision to prolong the SNX reward program underscores a clear strategic imperative for both Synthetix and Infinex: to create an optimal ecosystem for the launch of perpetual futures on the Ethereum Mainnet. Synthetix has long been a frontrunner in the decentralized finance (DeFi) space, particularly known for its synthetic assets and innovative liquidity mechanisms. The upcoming Mainnet perps launch represents a pivotal moment, transitioning its advanced derivatives trading capabilities to a broader audience on Ethereum’s secure and established blockchain.

Perpetual futures markets require deep liquidity to facilitate seamless trading, minimize slippage, and attract institutional and retail traders alike. sUSD, or Synthetix USD, serves as the native stablecoin within the Synthetix ecosystem, acting as collateral and the primary settlement asset for trading activities. By incentivizing sUSD deposits on Infinex, the platforms are directly addressing the foundational need for robust stablecoin liquidity. This ensures that when the perps go live, traders will have access to sufficient capital, leading to more competitive pricing and a superior trading experience. The 12-week timeframe provides a substantial window for users to accumulate rewards while simultaneously contributing to the stability and readiness of the Mainnet perps environment.

Understanding the Infinex-Synthetix Synergy

The collaboration between Infinex and Synthetix is central to this initiative. Synthetix itself is a decentralized protocol built on Ethereum Mainnet, powering its ecosystem with the SNX token. It offers a unique approach to derivatives trading, combining off-chain order matching for high performance with on-chain settlement for security and transparency. This hybrid model seeks to blend the speed and efficiency of centralized exchanges with the trustless nature of decentralized finance.

Infinex, on the other hand, acts as a crucial user-facing gateway. Positioned as a "new kind of crypto app," Infinex is engineered to provide intuitive, non-custodial access to on-chain protocols, services, and applications. Its novel security architecture, centered around on-chain smart accounts and passkeys, aims to simplify the complexities of DeFi while enhancing user security. By leveraging Infinex, Synthetix can onboard a wider array of users who might otherwise be deterred by the technical barriers often associated with decentralized applications. Infinex’s vision is to replace centralized platforms as the primary point of interaction for crypto users, offering a more secure, self-custodial, and user-friendly alternative. The extension of rewards on Infinex directly supports this vision by drawing more users into its ecosystem, where they can then seamlessly interact with Synthetix’s offerings.

Detailed Overview of the Extended Reward Program

The extended reward program, commencing at 00:01 UTC on December 19th, 2025, will run continuously until March 13th, 2026. During this period, sUSD depositors and holders on Infinex will be eligible to earn a pro-rata share of 10,000 SNX tokens distributed every week. These rewards accrue continuously throughout the week and are subsequently distributed on a weekly basis, providing a consistent incentive stream for participants.

To qualify for these SNX rewards, Infinex users are required to maintain a minimum sUSD deposit of 1,000 sUSD on the last day of each week. This threshold ensures that the rewards are directed towards more committed participants who contribute meaningfully to the platform’s liquidity pool. The actual yield generated by depositors will naturally fluctuate, influenced by two primary factors: the total value of sUSD deposits across the platform (Total Value Locked, or TVL) and the prevailing market price of the SNX token. As more sUSD is deposited, the share of SNX rewards per individual deposit may decrease, assuming a constant weekly SNX distribution. Conversely, an increase in SNX price would make the rewards more valuable in fiat terms. Users can monitor the current deposit levels and TVL through the Infinex TVL dashboard, providing transparency and allowing for informed participation decisions.

Beyond the direct SNX token distribution, the program also incorporates a weekly prize raffle. Each week, Synthetix will conduct a draw for five prize winners. While the specific details of these prizes were not elaborated upon in the initial announcement, their inclusion adds an additional layer of excitement and potential upside for participants. Eligibility for the raffle is also tied to sUSD deposits, with participants receiving one raffle entry for every 1,000 sUSD held in their Infinex account. This tiered entry system incentivizes larger deposits, as users with more sUSD will automatically accumulate more entries, thereby increasing their chances of winning a weekly prize. For instance, a user holding 5,000 sUSD would receive five entries into the weekly raffle, significantly boosting their odds compared to someone holding the minimum 1,000 sUSD.

Anticipated Impact and Broader Implications

The extension of these robust incentive programs is expected to have several positive impacts on the Synthetix and Infinex ecosystems, as well as the broader DeFi landscape.

Enhanced Liquidity: The primary goal is to ensure deep liquidity for sUSD, which is paramount for the successful launch and sustained operation of the Synthetix Mainnet perpetual futures. Sufficient liquidity translates to tighter spreads, lower slippage, and a more attractive trading environment for all participants.
User Acquisition and Retention: The attractive SNX rewards and weekly raffles serve as powerful magnets for both new and existing users. For those already in the Synthetix ecosystem, it provides a reason to maintain or increase their sUSD holdings. For new users, it offers a compelling entry point into DeFi with tangible earning opportunities, thereby fostering growth for Infinex’s user base.
Strengthening the SNX Token Economy: By distributing SNX tokens as rewards, the program indirectly supports the SNX token economy. Increased demand for sUSD (to earn rewards) could indirectly create demand for SNX, particularly if users acquire SNX to stake or participate in other aspects of the Synthetix protocol. The program also highlights the utility of SNX as an incentive mechanism within its native ecosystem.
Competitive Positioning: In the highly competitive decentralized derivatives market, offering strong incentives is a common strategy to gain market share. This extension positions Synthetix and Infinex to aggressively compete with other established and emerging perpetual futures protocols by offering attractive yield opportunities from the outset.
Validation of Infinex’s Model: The success of this reward program on Infinex will further validate its model as a user-friendly, non-custodial gateway to complex DeFi protocols. It demonstrates Infinex’s capability to effectively bridge the gap between sophisticated on-chain services and a broader user demographic.
Innovation in DeFi Incentives: While liquidity mining is a well-established practice, the combination of direct token rewards with a tiered raffle system showcases continued innovation in how DeFi projects incentivize participation and build community engagement.

Statements from Related Parties (Inferred)

While no direct quotes were provided, it is logical to infer statements from key figures within Synthetix and Infinex. A Synthetix spokesperson might emphasize the critical role of community support and robust liquidity in the successful rollout of the Mainnet perpetual futures. "The extension of sUSD rewards on Infinex is a testament to our commitment to fostering a vibrant and liquid ecosystem for decentralized derivatives," one might state. "As we approach the full launch of perps on Mainnet, ensuring deep sUSD liquidity is our top priority, empowering traders with unparalleled access and efficiency. This incentive program is designed to reward our dedicated community while laying a strong foundation for the future of on-chain trading."

Similarly, an Infinex executive might highlight the platform’s dedication to providing accessible and rewarding experiences for its users. "We are thrilled to partner with Synthetix to bring these extended rewards to our users," an Infinex representative could comment. "Our mission at Infinex is to simplify access to powerful DeFi protocols, and this initiative perfectly aligns with that goal. By making it easier and more rewarding to engage with sUSD, we are not only supporting the growth of the Synthetix ecosystem but also solidifying Infinex’s position as the go-to platform for secure and lucrative on-chain interactions."

Chronology of Events and Future Outlook

The reward extension serves as a crucial interim period leading directly into the full deployment of Synthetix’s perpetual futures on Ethereum Mainnet. The timeline is clear: December 19th, 2025, marks the immediate start of the extended reward period, building momentum over 12 weeks until March 13th, 2026. This period is intended to be a concentrated effort to accumulate the necessary sUSD liquidity, ensuring the Mainnet launch is met with optimal market conditions.

The ongoing development and rollout of Synthetix’s Mainnet perps represent the culmination of extensive research, development, and community collaboration. The protocol has steadily evolved, pushing the boundaries of what is possible in decentralized finance. The successful implementation of these perps is expected to significantly enhance Synthetix’s position as a leading provider of on-chain derivatives, offering a truly decentralized alternative to centralized exchanges that often face regulatory scrutiny and single points of failure.

Participation and Support Resources

Getting started with earning these rewards is designed to be straightforward for users. While specific step-by-step instructions were not detailed, the general process would involve creating an account on Infinex, if one does not already exist, and subsequently depositing sUSD into the platform. Infinex’s emphasis on smart accounts and passkeys aims to streamline this onboarding process, making it more akin to traditional web experiences while retaining the security benefits of self-custody.

For users seeking more comprehensive guidance, Infinex Support offers detailed instructions on account creation and other platform functionalities. Similarly, the Synthetix Help Center provides extensive information regarding sUSD and the broader Synthetix protocol. These resources are vital for ensuring that users can participate confidently and effectively in the reward program and the wider ecosystem.

The extension of sUSD deposit rewards on Infinex is a calculated and strategic move by Synthetix, designed to cultivate a fertile ground for the imminent launch of its perpetual futures on Ethereum Mainnet. By incentivizing liquidity, attracting new users, and reinforcing its unique technological stack, Synthetix and Infinex are poised to make a significant impact on the decentralized derivatives landscape. This initiative not only benefits individual sUSD depositors through attractive SNX rewards and raffle prizes but also underpins the foundational liquidity required for a robust, efficient, and secure decentralized trading future. As the DeFi space continues to mature, such targeted incentive programs are critical drivers of adoption and ecosystem growth, signaling a strong commitment to innovation and community engagement from the pioneering forces behind Synthetix and Infinex.

January 12, 2026 0 comment

DeFi (Decentralized Finance)

Eight-Week Extension Announced for sUSD Rewards on Infinex to Bolster Peg Stability and Liquidity

by Nila Kartika Wati May 16, 2025

written by Nila Kartika Wati

The decentralized finance (DeFi) landscape witnessed a significant development today as Synthetix core contributors, in collaboration with Infinex, announced an eight-week extension for the sUSD incentive program. This strategic move, set to run from March 13th, 2026, until May 8th, 2026, is designed to further bolster the stability of the sUSD peg, provide a productive avenue for users to deploy their sUSD, and cultivate deep liquidity in anticipation of the public launch phase of perpetual futures on mainnet and the opening of public liquidity and basis trading vaults. The extension underscores a concerted effort to optimize the underlying infrastructure as the Synthetix ecosystem scales its advanced derivatives offerings.

The Strategic Rationale Behind the Extension

The decision to extend the sUSD reward program is deeply rooted in the current developmental trajectory of both Synthetix and Infinex. With perpetual futures (perps) on mainnet transitioning into a public launch phase, the demand for robust, liquid, and stable synthetic assets, particularly sUSD, is paramount. sUSD, Synthetix’s synthetic U.S. Dollar, serves as the primary collateral and settlement asset within its ecosystem. Its ability to maintain a tight peg to the U.S. Dollar is critical for the integrity and reliability of all derivatives built upon it, especially perpetual futures, where price stability directly impacts trader confidence and capital efficiency.

Furthermore, Synthetix core contributors are actively fine-tuning the Synthetix Liquidity Provider (SLP) vault. These vaults are crucial components designed to manage and incentivize liquidity provision, ensuring that the perpetual futures markets operate with minimal slippage and efficient price discovery. The extended reward program provides a buffer, allowing ample time for these technical adjustments to be perfected without compromising the immediate need for sUSD stability and utility. By incentivizing sUSD deposits on Infinex, the program effectively channels liquidity to a platform that is integral to the broader Synthetix vision, simultaneously preparing the ground for future trading and liquidity initiatives.

Detailed Breakdown of the Incentive Program

The extended incentive program offers a compelling suite of rewards for Infinex users who deposit and hold sUSD. From March 13th, 2026, at 00:01 UTC, for a continuous period of eight weeks, participants will be eligible to earn a combination of ETH, SNX, and INX rewards. These rewards are structured to incentivize long-term holding and significant participation.

Central to the program are the SNX rewards. Each week, a substantial pool of 10,000 SNX tokens will be distributed pro-rata among eligible sUSD depositors. The rewards accrue continuously throughout the week and are then distributed weekly, providing a consistent yield for participants. The yield percentage will naturally fluctuate based on the total value of sUSD deposits across Infinex and the prevailing market price of SNX, reflecting the dynamic nature of decentralized finance. Users can monitor the current deposit figures and assess potential yields via the dedicated Infinex TVL dashboard. To qualify for these SNX rewards, Infinex users must maintain a minimum deposit of 1,000 sUSD in their accounts on the last day of each week, ensuring that the incentives target active and meaningful participation.

Beyond the continuous SNX yield, the program also introduces an element of excitement through a weekly prize raffle. Every week, Synthetix will conduct a draw to select five prize winners. While specific prize details are not fully enumerated, the mechanism encourages deeper engagement: participants receive one raffle entry for every 1,000 sUSD held in their Infinex account. This tiered entry system means that users with larger sUSD holdings have a proportionally higher chance of winning, further incentivizing substantial deposits. This dual approach of continuous yield and periodic prize opportunities aims to maximize user engagement and liquidity contribution.

Infinex: The Next-Generation Gateway to DeFi

The incentive program’s focus on Infinex highlights its pivotal role in the Synthetix ecosystem and the broader DeFi landscape. Infinex is envisioned as a transformative crypto application, providing users with streamlined, secure access to a wide array of on-chain protocols, services, and applications. Its non-custodial architecture is a cornerstone of its design, emphasizing user sovereignty and control over assets. This is achieved through a novel security framework centered around on-chain smart accounts and passkeys, representing a significant leap forward in user experience and security within DeFi.

In essence, Infinex is engineered to address many of the complexities and security concerns associated with traditional centralized cryptocurrency platforms. By offering a non-custodial, intuitive interface powered by cutting-edge cryptographic technology, Infinex aims to become the primary point of interaction for crypto users, bridging the gap between sophisticated decentralized protocols and mainstream adoption. The sUSD incentive program not only drives liquidity to Infinex but also serves as a powerful demonstration of its capabilities and its deep integration with foundational DeFi protocols like Synthetix.

Synthetix: Pioneering Decentralized Perpetual Futures

At the core of this initiative is Synthetix, a trailblazer in decentralized perpetual futures. As the first protocol of its kind built directly on the Ethereum Mainnet, Synthetix leverages the power of the SNX token to facilitate a robust and capital-efficient derivatives market. The protocol’s architecture uniquely combines off-chain order matching on a high-performance central limit order book with on-chain settlement. This hybrid approach allows Synthetix to offer the speed and efficiency typically associated with centralized exchanges, while retaining the transparency, security, and censorship resistance inherent to Ethereum, the world’s most secure smart contract platform.

The current phase, marked by the public launch of perps on mainnet, represents a critical milestone for Synthetix. It signifies the maturation of years of development and innovation in synthetic assets and decentralized derivatives. The success of this launch is heavily reliant on deep and stable liquidity, which is precisely what the sUSD incentive extension aims to secure. By ensuring a plentiful supply of sUSD, the program contributes directly to a more resilient and liquid market for perpetual futures, benefiting traders and the overall health of the Synthetix protocol.

The Indispensable Role of sUSD Peg Stability

Maintaining the peg of sUSD to the U.S. Dollar is not merely a technical detail; it is a fundamental requirement for the entire Synthetix ecosystem’s functionality and trustworthiness. As a synthetic stablecoin, sUSD’s value is derived from its backing by SNX tokens and its design to be consistently redeemable for a U.S. Dollar equivalent. In a market characterized by high volatility, a stablecoin’s ability to hold its peg is paramount for users who rely on it for collateral, trading pairs, and value storage without exposure to price fluctuations.

Challenges to stablecoin pegs can arise from various factors, including market imbalances, liquidity crunches, or arbitrage opportunities. Incentive programs like the sUSD extension are direct mechanisms to counteract these pressures. By rewarding users for holding sUSD, the program encourages a consistent demand for the asset, discourages selling pressure, and provides a clear economic benefit for maintaining its stability. This strategic intervention reinforces confidence in sUSD, which in turn strengthens the foundation for all other synthetic assets and derivatives built on Synthetix, ensuring predictable and reliable trading conditions.

Broader Implications for DeFi and Decentralized Derivatives

The extension of the sUSD reward program carries significant implications beyond the immediate Synthetix and Infinex ecosystems. It reflects a broader trend in DeFi where strategic incentive programs are deployed to bootstrap liquidity, encourage network effects, and stabilize critical components of decentralized financial infrastructure. As decentralized derivatives markets continue to grow, the need for robust, liquid, and secure underlying assets becomes ever more pronounced. This initiative serves as a model for how protocols can proactively manage liquidity and maintain stability in dynamic environments.

For the wider DeFi community, this move signals continued confidence in the potential of decentralized perpetual futures. By strengthening the liquidity backbone for Synthetix’s perps, the program contributes to the overall maturation and credibility of the decentralized derivatives sector. It also underscores the collaborative nature of DeFi development, with Synthetix and Infinex working in tandem to deliver a more integrated and user-friendly experience. The success of such initiatives will likely inspire other protocols to adopt similar strategies, further professionalizing the DeFi space and expanding its reach.

The period between March 13th and May 8th, 2026, will be a critical phase for both Synthetix and Infinex. The extended sUSD incentive program is a calculated maneuver to ensure that as new functionalities and products go live, the underlying liquidity and stability are unshakeable. It represents a commitment to providing a secure, efficient, and rewarding experience for users, while simultaneously pushing the boundaries of what is possible in decentralized finance.

How to Engage and Further Information

Getting started with the sUSD reward program on Infinex is designed to be straightforward. Prospective participants can begin earning rewards by following simple steps outlined on the Infinex platform, typically involving connecting a wallet, navigating to the sUSD deposit section, and making a deposit. For detailed instructions on account creation, passkey setup, and other functionalities, users are encouraged to consult the Infinex Support documentation. Information regarding sUSD itself and the broader Synthetix protocol is readily available through the Synthetix Help Center.

The Synthetix community remains vibrant and engaged, welcoming new participants to contribute to the ongoing evolution of decentralized derivatives. Users can join the conversation and stay updated on the latest developments by engaging through the official Synthetix Discord channel, subscribing to the Telegram group, and following official announcements on X (formerly Twitter). These channels serve as vital hubs for discussion, support, and real-time updates as Synthetix continues to usher in the next era of decentralized finance on Ethereum Mainnet.

May 16, 2025 0 comment