According to Odaily, Infinex, a decentralized perpetual contract trading platform launched by Synthetix, has announced a significant milestone. The Total Value Locked (TVL) on the platform has surpassed $100 million. This achievement marks a significant step forward for the platform, demonstrating the growing interest and trust in decentralized finance solutions.
Infinex, backed by Synthetix, is making strides in the DeFi sector, providing a platform for users to engage in perpetual contract trading. This recent breakthrough in TVL indicates a positive trend for the platform and the broader DeFi market.
The platform's success is a testament to the increasing acceptance and adoption of decentralized finance solutions. It also highlights the potential of platforms like Infinex to disrupt traditional finance models and provide users with more control over their financial transactions.