DeFi abstraction layer INFINIT completes $6 million financing, Electric Capital and others participate

BlockBeats news, on September 12, DeFi abstraction layer INFINIT announced the completion of $6 million in financing. The financing was participated by Electric Capital, Mirana Ventures, Hashed, Arthur Hayes' family office Maelstrom, Lightspeed Faction, Nomad Capital, Robot Ventures, Tangent, Presto Labs, etc. The funds will be used to advance the development of technical infrastructure and further achieve the goal of providing a seamless experience for DeFi protocol developers.

INFINIT simplifies DeFi development through a modular architecture, and developers can deploy it without mastering complex programming languages. The platform supports the construction of a variety of DeFi applications, including money markets, DEXs, perpetual contract DEXs, and yield protocols, and is designed to allow anyone to build and publish DeFi protocols through the INFINIT front-end in minutes. INFINIT aims to be a platform for DeFi developers to launch and expand DeFi protocols, obtain deeper liquidity, and expand distribution channels.

INFINIT currently supports 12 DeFi dApps with a cumulative TVL of more than $630 million, and plans to cooperate with chains such as Arbitrum, Mantle, Berachain and Monad.