Infinex Token Presale Underperforms, Raises Only $540,000 in Two Days

The Infinex (INX) token presale has seen a muted response, raising only $540,000 in the first two days of trading. The presale, available through the Sonar platform from January 3rd to 6th, offers investors a chance to purchase 5% of the total INX supply. The platform aims for a final fully diluted valuation (FDV) of $99.99 million according to the project's documentation.

The presale includes a one-year lockup period for tokens, with an option for early unlocking. This mechanism is designed to align incentives and prevent short-term dumping according to platform analysis. However, the low amount raised suggests limited interest or uncertainty among investors based on current market data.

By contrast, other DeFi projects have seen more robust participation in recent fundraising rounds according to industry reports. For example, Mutuum Finance's presale is nearing $20 million in commitments. The disparity highlights the challenges Infinex faces in attracting capital relative to peers in the sector.

Why the Presale Underperformed?

The weak performance of Infinex's presale may be attributed to several factors. The token's FDV of $99.99 million, while ambitious, may not reflect current market conditions or investor sentiment. DeFi projects have faced increased scrutiny and volatility in recent months, which may have dampened enthusiasm for new offerings.

The one-year lockup requirement, while intended to stabilize distribution, may also have discouraged participation. Many investors in the DeFi space prefer tokens with immediate liquidity to capitalize on price movements. Infinex's structure may not align with these preferences.

What the Market Might Be Expecting Next?

Investors are likely evaluating whether Infinex can adjust its strategy to attract more attention. This could involve revisiting the tokenomics or marketing approach. Given the competitive DeFi landscape, a stronger narrative around utility and adoption may be required.

The presale period remains open until January 6th, offering time for the team to address concerns and drive more participation. A significant increase in fundraising would signal renewed confidence in the project's roadmap.

The broader market is also watching how other DeFi projects manage fundraising according to recent analyses. Mutuum Finance's progress toward a $20 million presale and V1 protocol launch demonstrates the potential for success when clear milestones are communicated.

Implications for Investors and the DeFi Sector

The Infinex presale highlights the challenges facing new DeFi projects in 2026. With market conditions still uncertain, projects must balance ambition with realistic valuation expectations according to market observers. This includes aligning with investor priorities such as liquidity, transparency, and use-case clarity based on current investor sentiment.

Investors considering DeFi opportunities should assess projects with cautious optimism. Strong presales and clear product development, as seen in Mutuum Finance's case, are positive indicators. However, projects like Infinex may need to demonstrate stronger fundamentals before attracting sustained capital according to market analysis.

The DeFi sector remains a high-growth but high-risk area for investors. Projects that successfully navigate these challenges and adapt to market realities are more likely to thrive according to industry experts. Infinex's next steps will be closely watched as a test of its viability in this competitive environment based on market projections.