Craterun is coming back.

Infinex has learned a bunch of new tricks recently. Infinex Perps is live and thriving. The browser extension and the ability to import and use your existing wallets are launching 30 November. It's time to shine a big spotlight on Infinex and get users in the door.

Infinex is also on the road to TGE, with the INX token incoming, plus a Sonar sale in the works.

Clearly, it's time for our best incentive and reward campaign ever.

Craterun begins 1 December, 2025.

Starting on 1 December, Craterun will give away over $2.5m in total prizes, including $100k+ in cash prizes every week, Pudgy Penguins, Crypto Punks, Hypurrs, as well as a massive $1M major prize.

We’re also distributing up to 10% of the upcoming INX token supply in crates, in the form of INX token vouchers. Craterun is one of two ways you can get access to INX ahead of TGE (the other being the upcoming Sonar sale).

To participate in Craterun, simply switch to Infinex as your new wallet and trading app and earn Crates when you trade.

What are the prizes?

Inside crates, you'll find tickets to major prize draws, instant cash prizes, plus INX vouchers at a range of FDV values.

INX vouchers

INX vouchers will allow you to purchase the upcoming INX token at a range of FDV values, from $1M to $500M FDV. The lowest FDV vouchers will be distributed first, so it pays to get involved early. Vouchers are valid for one year from the date of TGE.

Cash and NFT prizes

• Major prize - $1,000,000 cash
  • The major prize of $1M will be given away to one very lucky user. The major prize draw will be held once we reach $10B in total perps volume traded during Craterun.
• Weekly draw - $50,000 cash
  • Each week we’ll give away $50k USDC to one lucky user.
• Weekly draw - 5 x 1 Patron NFTs
  • Each week we’ll give away 5 x 1 Patron NFTs
• Weekly instant prize - 5 x $10,000 cash
  • Instantly win one of 5 x $10k cash prizes, every week
• Pudgy Penguins, Crypto Punks, and Hypurr NFTs
  • When the total volume traded during Craterun reaches $1B, $3B, $5B, and $8B, we’ll give away a major NFT prize in one of four special prize draws.

How do I get involved / earn crates?

Trade on Infinex Perps

• You'll earn crates every time you trade perps on Infinex.
• You can see your crate earning progress in real time, and crates can be opened as soon as they’re earned.

Bonus crates: Import your perps trading wallets

• In addition to earning crates for trading perps, you'll earn bonus crates by importing wallets with current and/or historical perps trading activity.
• We will scan your transaction history and calculate your bonus crates based perps trading activity (perps volume and fees paid) from a number of popular dexes, including Hyperliquid, Synthetix, GMX, and more.
• Each seed phrase with qualifying activity will accumulate more crates, and the more activity an account has, the more bonus crates you earn.

Bonus crates: CT Mafia

• Connect your X account and if you rank in the top 5,000 accounts on CT, you’ll be eligible for up to 100 bonus crates.
• To receive your bonus crates, you'll need to import a wallet that has historical onchain activity with at least one of the following criteria:
  • Fees paid in SOL and ETH for chain usage (minimum 1e and 1 SOL)
  • OG wallet (has pre 2020 transactions)
  • Transaction count (minimum of 100 tx across SOL and/or ETH)
  • TVL of more than $10,000

Crates for past Infinex activity

You'll also get retrospective crates if:

• you've been an early Infinex user. We'll take into account organic historical activity on Infinex, including your historical deposit balance, organic swidge activity, perps trading activity, and more.
• you hold XGP in your Infinex account.
• you were in the top 1,000 Bullrun players (after the bot purge).

You can read more about retroactive crates on Kain's recent blog.

Also, instant cashback on fees

In addition to earning crates, you’ll also get 60% of the Hyperliquid builder fees paid to Infinex as a direct cashback, claimable instantly.

We'll have more details to share about Craterun in the coming days, so make sure you're following @infinex.