In a recent tweet from Infinex, the crypto superapp's team highlighted an engaging podcast appearance by their founder, Kain Warwick (known on X as @kaiynne). Warwick, who also founded Synthetix, joined The Rollup to discuss the upcoming launch of Synthetix's perpetual futures (perps) decentralized exchange (DEX) on Ethereum. Perps are financial contracts that let traders bet on asset prices without expiration dates, a staple in DeFi for leveraging positions on cryptocurrencies.

The tweet shares a clip where Warwick dives into the backstory of Infinex. Originally conceived as a slicker user interface for Synthetix and broader DeFi protocols, Infinex aimed to tackle the clunky user experience (UX) that's often a barrier for newcomers. Think of it as making DeFi as easy to use as a centralized exchange like Binance, but without giving up control of your funds.

Warwick explained how, a couple of years back, getting assets onto layer-2 networks (L2s)—faster, cheaper versions of Ethereum—was a hassle. While that's improved, Infinex was born from the idea that better frontends could drive mass adoption. Initially, the plan was to integrate Synthetix right away, but the V3 version of Synthetix perps didn't quite hit the mark with traders. So, Synthetix iterated, and Infinex kept building in the meantime.

Now, things are coming full circle. Infinex has rolled out what Warwick calls the best perps interface in the space, powered by Hyperliquid. It supports seamless switching from desktop to mobile, uses passkeys for secure logins (like biometric authentication without passwords), and feels genuinely user-friendly. The big news? They're about to integrate the revamped Synthetix perps on Ethereum mainnet, adding it alongside the existing Hyperliquid setup. This means users can trade perps from multiple protocols in one app, boosting liquidity and options.

This integration ties perfectly into Synthetix's massive mainnet launch hype, including a $1 million trading competition that's got the crypto community buzzing. Announced in September 2025, the contest runs from October 20 for a full month, pitting 100 participants— including top traders, influencers, and community members—against each other. The goal? Rack up the biggest margin balance by trading perps on assets like BTC, ETH, SOL, and notably, the meme token DOGE (Dogecoin). That's right, meme enthusiasts: you can leverage your DOGE trades in this high-stakes showdown.

Prizes are juicy: first place takes home $1M, with runners-up getting chunks of SNX (Synthetix's native token) and Infinex Patrons (likely governance or utility tokens). Participants are selected through invites for elite traders, pre-deposits into Synthetix vaults (in sUSD or sUSDe stablecoins), and even lotteries for broader access. It's not just a promo—it's a real test of Synthetix's tech on mainnet, hardening infrastructure and integrating market makers for better liquidity.

For meme token fans, the inclusion of DOGE perps is a nod to the wild side of crypto. Meme coins like DOGE thrive on volatility, and perps amplify that, letting traders go long or short with leverage. This competition could spotlight how DeFi tools like Synthetix make meme trading more accessible and exciting, potentially drawing in more retail users.

If you're into DeFi or memes, check out the full podcast on The Rollup for more from Warwick. And if you're eyeing the competition, head to Synthetix's pre-deposit app or their Discord for details. With Infinex bridging it all, this could be a game-changer for on-chain trading.