Binance Alpha platform's 42nd exclusive TGE project, officially launching Infrared, $IR on December 17, 2025. A rare BERA ecosystem project, with earnings barely reaching over $50.
Infrared Finance is a DeFi infrastructure project built on the Berachain ecosystem, focusing primarily on liquidity management and vaults mechanisms, aiming to provide efficient liquidity incentives and yield optimization tools for Berachain. The innovative model of Pol-vaults + $iBGT addresses many issues faced by BEAR native users, greatly simplifying the user participation process while maximizing user delegation returns.
According to DefiLlama data, Infrared's TVL has reached $190 million, while the entire Bear Chain ecosystem is less than $250 million, with Infrared providing almost all of the liquidity for Berachain, holding a monopolistic position.
$IR is currently quoted at $0.27, with a market capitalization of $55 million and a FDV of $270 million. Its market value is already quite close to that of Bear Chain, and the potential for future growth is indeed limited (mainly because Bear Chain is too weak).
Infrared's financing has reached $18 million, with leading institutions including Framework, just like Berachain. However, Infrared's leading institutions also include Binance (YZi) and Synergis. In the future, it is possible for Infrared to develop beyond the Berachain ecosystem.
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