New DEX InfinityPools Launches on Base with Unlimited Leverage
InfinityPools launched a new decentralized exchange (DEX) on Base, offering unlimited leverage and no liquidations.
Key features include:
- Traders borrow liquidity through Univ3-style concentrated AMM instead of traditional stablecoin loans.
- The unique liquidation mechanism allows traders to sell borrowed collateral at a fixed price, capping losses at their initial deposits.
- If the asset price falls beyond a predetermined threshold (e.g., 10% for ETH), traders can return the borrowed amount to settle the loan without incurring additional losses.
Currently, InfinityPools has two live pools:
- sUSDe/USDC with about $2 million in total value locked (TVL) offering ENA rewards.
- sUSDE/wstETH also with about $2 million in TVL offering LDO rewards.