INFINIT - First Abstraction Layer Backed by $630M in TVL Simplifying Development for All
The First DeFi Abstraction Layer attracted over $630M+ TVL
Backed by Electric Capital and Arthur Hayes, it’s supported by 12+ protocols, generating $720K+ revenue since Jan 2024.
Here is why you should have INFINIT on your watchlist🧵👇
Key Takeaways
Streamlined Development: INFINIT simplifies DeFi creation with an abstraction layer, making it accessible for non-technical developers.
Strong Backing: Backed by over $630M in TVL and investments from Electric Capital and Arthur Hayes
Quick Deployment: Developers can rapidly launch or enhance DeFi applications across multiple blockchains, reducing traditional development times.
Proven Success: INFINIT has supported 12+ protocols and generated over $720,000 in revenue since January 2024.
Bridging the DeFi Gap
Although the foundational infrastructure for crypto is solid, there's a noticeable gap: the absence of flourishing DeFi ecosystems that fully utilize it.
The core challenges include:
Complexity: Building or enhancing DeFi protocols requires high technical skill and long development time.
High Barriers for Non-Technical Developers: Many great ideas are left out due to lack of coding expertise.
Forking Limitations: Forked protocols often have capped functionalities and exploit risks, stifling true innovation.
Unsustainable Incentives: Ecosystems rely on short-term incentives, which don't support long-term growth.
Fragmentation: DeFi apps and liquidity are scattered, limiting engagement and growth.
The opportunity lies in creating a unified, simplified approach to DeFi development— and this is where INFINIT steps in.
What is INFINIT?
At its core, INFINIT is designed to be a one-stop solution for DeFi development, with a primary mission of enabling the launch and scaling of DeFi protocols across different blockchain environments—L1s, L2s, and modular chains.
Their key objective? Onboard the next million developers to Web3.
And the way they plan to do this is by offering a highly accessible and customizable platform that abstracts away the complexities traditionally associated with building DeFi applications.
Key Features of INFINIT
The platform’s main strengths lie in its end-to-end solutions and modular architecture.
E2E DeFi Solutions: INFINIT simplifies the process of building and scaling DeFi protocols through all stages of development and the product life cycle. Whether you're starting from scratch or enhancing an existing app, INFINIT has you covered.
Instant Deployment: Developers can launch a DeFi app on any integrated chain or enhance an existing one within minutes. This dramatically reduces the time and effort usually needed for deployment.
Modular Architecture: INFINIT’s architecture is modular, meaning that you can easily add new capabilities and integrations, further speeding up the development process.
Advanced Customization: Tailor your app’s parameters and functionalities to meet the specific needs of your protocol—whether you’re launching a money market, staking service, or derivative platform.
How It Works: The Three Key Modules
To make DeFi development simple and intuitive, INFINIT breaks the process down into three core modules.
Intent Module
This module allows you to create projects from scratch or enhance existing DeFi applications. Here, builders can define what kind of product they want to develop (e.g., money markets, exchanges, derivatives) and the features they require. One standout feature is that builders can input their project’s requirements using TypeScript—a widely-used language—rather than Solidity, making the development process much more accessible.
Abstraction Module
Once the intent is set, developers can customize their product’s features and parameters using INFINIT’s ‘Abstraction Blocks.’ These blocks act as a library of pre-built components, allowing developers to select and customize everything from the type of money market to the pool assets and fees.
Chain Interaction Module
The final step is deployment. The Chain Interaction Module retrieves the necessary smart contracts and front-end templates, handling all blockchain executions and integrations. This means builders don’t need to worry about the technical complexities of interacting with chains and wallets—all they need is an RPC URL and a private key.
The Real World Impact
In a relatively short time, INFINIT has accomplished alot in the DeFi world:
Facilitated over $630M in total value.
Supported 12+ protocols across three different chains (Ethereum, Mantle, Blast) with an aggressive roadmap in place to onboard even more protocols.
Generated $720,000+ in revenue since January 2024.
To illustrate INFINIT's effectiveness, here are a couple of standout case studies:
INIT Capital
INIT Capital, a money market utilizing liquidity hooks, deployed on Blast and Mantle with a combined TVL of $139.2M. The platform helped INIT grow from $0 to $270 million in TVL on Mantle in just under four months, showcasing INFINIT’s scalability and impact on protocol growth.
Ethena
INFINIT enabled Ethena to launch 1-click looping capabilities for its USDe and sUSDe tokens, which drastically expanded volume and liquidity provisioning. Ethena now thrives on both Mantle and Blast, thanks to INFINIT’s easy-to-integrate solutions.
The Tokenomics
The INFINIT ecosystem will be powered by its native token, $IN, although details about its functionality and utility are still pending.
A TGE is scheduled for Q4 2024, marking a major milestone for the platform —
An expected FDV of $150M, with 20% available at TGE, followed by a 3-month cliff and 12-month linear vesting.
INFINIT has also attracted significant investor interest, raising $6M in seed funding this year.
The funding round saw participation from notable investors like Electric Capital, Mirana Ventures, and Arthur Hayes/Maelstrom, signaling strong confidence in the platform’s potential.
What’s Next?
DeFi continues to be one of the most promising areas of innovation within the crypto space, yet many challenges remain in realizing its full potential. .
By removing technical barriers and offering end-to-end solutions, INFINIT is opening the door for the next wave of developers and builders to enter the DeFi space—regardless of their technical expertise
They just launched their Galxe Campaign, go check it out -
https://x.com/Infinit_Labs/status/1837069350349721724
