Infinex to launch token presale on Sonar, distributing 5% INX tokens before January TGE
Foresight News reported, according to The Block, that cross-chain aggregation DeFi platform Infinex has announced details of its Sonar token sale. This is a new round of distribution that will allow community members to acquire INX tokens before the project's token generation event in January 2026. The sale will offer 5% of the total token supply, with a fully diluted valuation of $300 million, aiming to raise $15 million. A portion of the tokens will be allocated to Patron NFT holders, while another portion will be distributed to non-Patron holders through a lottery. Infinex stated, "Pre-sale registration will take place in the coming weeks." Tokens purchased through this sale will be locked for one year, but participants can choose to pay a premium above the base price to unlock them early. Infinex added that after the Sonar sale ends, its treasury will retain about 25% of the total token supply for future incentive programs.
Each Patron NFT entitles the holder to receive 100,000 INX tokens at the TGE. Holders of highly liquid Patron NFTs will receive allocations based on the number of Patrons they own. According to Infinex, one Patron can allocate $2,000 worth of tokens, five Patrons correspond to $15,000, 25 Patrons can allocate up to $100,000, and 100 Patrons can unlock a maximum allocation of $500,000. Participants without Patron NFTs can still join the sale through a separate lottery channel. Their allocation cap is $5,000 per person, with a minimum purchase amount of $200.
Infinex raised $67.7 million last year through the sale of Patron NFTs. Infinex founder Kain Warwick stated that Infinex aims for broader distribution as it positions itself as a "crypto super app," covering wallets, DEX aggregation, perpetual trading, and more.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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