Synthetix and Infinex merge teams internally and announce Motion, a new mobile trading app.
DeFi & Yields ·
Synthetix and Infinex have consolidated their operational teams while maintaining separate token structures and project identities. The move brings both organizations under unified management for the first time in years, with leadership now operating from a single office. The teams have also announced Motion, a new mobile trading application designed as a crypto-native platform targeting both professional and retail traders.
The consolidation reflects a strategic shift toward driving user adoption on Infinex, which currently operates with fewer than 1,000 monthly active users despite offering onchain asset storage and decentralized trading capabilities. Earlier exploration of agentic trading features was shelved after eight weeks of development, with leadership concluding the technology was premature for platform adoption at this stage. The new mobile application, built in late 2025, represents a pivot toward simplifying the trading experience rather than expanding feature breadth, positioning the app as a native alternative to mobile web interfaces that previously dominated access to Infinex's cross-chain infrastructure.
Details on Motion's feature set, launch timeline, and specific capabilities remain limited. The extent to which the consolidated team structure will influence product roadmaps or strategic priorities across both projects has not been fully outlined. Source