Introducing a new Wallet and Swidge
Hot on the heels of the Vault & Send release, we're very excited to kick off the new year with a feature packed update.
This is the second in a series of product updates that sees us moving things around as we settle into the rhythm of Integration Season with a goal to make Infinex your everyday crypto app.
Support for many more assets
First up, Infinex now supports over 1,000 of the top assets by market cap as listed on CoinGecko. This list will grow to over 2,000 top assets over the coming weeks, along with expanded NFT support. See the full list of supported assets.
A new Wallet
In the last update we introduced the Infinex Vault, which provides additional transparency and onchain recovery options for more experienced blockchain users.
Today we're introducing a new and improved Wallet, designed for secure, fast, and easy daily use with no upfront configuration. Store, send, receive, and swap assets across chains. Move assets to and from your Vault easily. And rest easy knowing funds in your wallet are recoverable with a verified email address.
The new Wallet is designed to provide the flexibility and convenience of a daily-driver crypto wallet inside your existing Infinex Account.
Wallet is rolling out progressively to all new and existing users, starting with Infinex Patrons.
Introducing Swidge
Alongside support for over 1,000 assets, and the new Wallet, we're also rolling out one of our most requested features: cross chain swap and bridge, or Swidge.
You can now swidge supported assets from your Wallet, across networks, without gas, and with just a few clicks in-app. Have ETH on Optimism and want WIF on Solana? Swidge it.
Swidge is powered by Mayan Swap, Jupiter Exchange, Relay, and LiFi. Over the coming weeks we'll be adding more providers and networks to expand and optimise coverage routes, further streamline the experience, and incorporate your feedback.
Swidge Beta is rolling out progressively, starting with Infinex Patrons, with availability for all users expected in January.
Activity Fees and Patron discounts
With the addition of broad token support, as well as Send, Vault, Wallet, and Swidge, we are introducing an activity fee on some platform actions. Activity fees will be collected into an Infinex Council-controlled Gas Offset Account and will be used to continue subsidizing gas for Infinex users into the future.
| Activity | Fee | Example |
|---|---|---|
| Stable swap | 0.10% | ETH (Arbitrum) → WETH (Arbitrum) |
| Stable swidge | 0.12% | USDT (Arbitrum) → USDC (Solana) |
| Swap | 0.80% | ETH (Arbitrum) → USDC (Arbitrum) |
| Swidge | 1.00% | ETH (Arbitrum) → SOL (Solana) |
Swap here means that the source and target assets are on the same network. Stable means that the same underlying asset drives the token price, e.g., USD for USDC/USDT; ETH for ETH/WETH/STETH (ETH), etc.
Patron discounts
Infinex Patrons with one or more Patron NFTs in their Infinex Account will enjoy discounted fees.
| User | Discount on fee |
|---|---|
| Non-Patron | 0% |
| Infinex Patron (1-4 Patron NFTs) | 40% |
| Infinex Patron (5-9 Patron NFTs) | 60% |
| Infinex Patron (10+ Patron NFTs) | 80% |
More details about fees, minimums, and fee limits are available on the Fees page.