, Kain Warwick, announced the protocol’s plans to launch “Infinex,” perpetual contracts trading platform.
According to Warwick, the decision to launch Infinex came from the need to address the user experience challenges associated with trading Synthetix Perps and to directly compete with centralized exchanges .“I’m sure you’re asking, “Why do we need another front end? We already have KwEtnA powered by Samantha?” I believe it is time to compete directly with CEXs.”
Per the publication, Infinex will seek to resolve the remaining obstacles faced by Synthetix Perps, such as,Additionally, Infinex will address issues encountered with CEXs, including security concerns, conversion to fiat currency, and the potential influence of politicians on the crypto industry.While the release date for Infinex was not made known in the blog post, Warwick noted that it would be launched alongside Perps V3.