Crypto superapp Infinex has unveiled its Sonar token sale, allowing community members to acquire INX tokens prior to the project’s January 2026 token generation event (TGE). The sale follows last year’s $67.7 million Patron NFT fundraiser and aims to broaden token ownership beyond early participants.
Founder Kain Warwick, who previously launched the Ethereum DeFi project Synthetix, said the sale will distribute 5% of INX’s total supply at a fixed $300 million fully diluted valuation, targeting a $15 million raise. Tokens purchased through Sonar carry a one-year lock, with an early-vesting option available at a premium.
Building on Patron Sale Momentum
Warwick described the Sonar sale as an extension of the successful Patron NFT fundraiser, which spanned six blockchains and attracted backing from Founders Fund, Solana Ventures, Wintermute Ventures, and other crypto founders. The sale is intended to give investors exposure to what Warwick calls crypto’s next dominant application format: the superapp, combining wallet, trading, and multi-chain features in one platform.
Allocation Details
- Patron NFT holders: Each of the 100,000 NFTs entitles holders to 100,000 INX tokens at TGE, with allocation rights scaling with the number of NFTs owned. One Patron grants a $2,000 allocation, five Patrons $15,000, 25 Patrons $100,000, and 100 Patrons $500,000.
- New participants: Access is via a lottery-based entry, capped at $5,000 per person with a $200 minimum.
The Infinex treasury will retain 25% of total token supply for future incentives. Pre-registration for the sale is expected in the coming weeks.
Sonar and Coinbase Connection
Sonar operates under Coinbase’s umbrella following the $400 million acquisition of parent project Echo, but continues to function independently for self-hosted sales. It is not part of Coinbase’s new ICO platform, Monad.
About Infinex
Infinex is a crypto superapp integrating a non-custodial, gas-abstracted multi-chain wallet with trading features such as swaps, perpetual futures, and on-chain predictions. The platform supports over 20 networks, including upcoming chains like Fogo and MegaETH. Features in development include a browser extension for dApps and passkey authentication for seamless access across devices.
The platform also employs revenue-driven tokenomics, using platform revenue to buy back INX tokens, with treasury activity publicly trackable via HyperTracker. Partnerships include Near Foundation for chain signatures and Wormhole for cross-chain functionality.
The Sonar sale is designed to extend Infinex’s reach while laying the groundwork for a unified crypto superapp experience, giving early supporters an opportunity to participate in the platform before the INX token begins trading.