Infrared Finance is the biggest by TVL DEX and liquid staking protocol on Berachain. It offers users a comprehensive set of solutions to enhance the DeFi farming experience on the Berachain network, such as $iBERA and $iBGT LSTs and a set of smart contracts called Vaults.
Since its inception in 2023, the platform has raised over $18.75M from leading investors, including YZi Labs (Binance Labs), Framework Ventures, Shima Capital, and others.
Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.
| Exchange | Pair | Price | Volume (24H) | Trust Score |
|---|---|---|---|---|
USDT 0.0143 $0.0143 | 5.14K | |||
USDT 0.0142 $0.0142 | 1.39K | |||
USDT 0.0142 $0.0142 | 55.96K | |||
USDT 0.0141 $0.0141 | 739.32K | |||
USDT 0.0142 $0.0142 | 3.5K |
Infrared Finance is the leading DeFi infrastructure on Berachain, with over $1.6B in TVL, according to DeFiLlama. It aims to enhance user DeFi experience and facilitate the growth of the Berachain ecosystem by offering multiple liquid staking solutions and vaults. This includes:
The most outstanding and innovative feature of Infrared Finance. $iBGT is a liquid staking token of the $BGT governance coin on Berachain, which is by its design untransferrable, thus has no value on the market.
However, now with the Infrared Finance Berachain protocol approach of liquid staking token $iBGT, backed 1:1 to real $BGT, is fully tradable and allows you to earn an additional yield since $BGT is given to every liquidity provider on the network. As of April 2025, the $iBGT LST possesses over $40M in market capitalization, entering the top 650 among all cryptocurrencies by this metric.
A liquid staking token of the Berachain’s gas token - $BERA. It enables users to earn yield from staking on Berachain while still having access to their funds through LST initially tethered to $BERA in a 1:1 ratio. Similarly to other LSTs, as time progresses and Berachain pays staking rewards, the $iBERA will be growing in value proportionally to the yield Berachain Infrared Finance earned from L1.
A set of optimized smart contracts designed to streamline the DeFi farming experience within the PoL blockchain. It gathers multiple Berachain LPs within a single interface while automatically delegating the LP tokens to Berachain PoL.
What’s more, Infrared Finance automatically grants liquidity providers an $iBGT token at a 1:1 ratio with BGT, allowing them to utilize those tokens across multiple other DeFi protocols.
🪙 Infrared Finance token: As of April 2025, there is no info or any public clue about the potential Infrared token and Infrared Finance airdrop. However, our team assumes that if there will be any Infrared tokens, it will serve mainly governance purposes by giving users access to DAO votings, and rewarding active community members.
Considering the possibility of an Infrared airdrop to occur any time in the future, our team conducted a comprehensive review of the Infrared Bera crypto project and found some of its notable pros and cons:
✅ Infrared Finance pros:
❌ Infrared Finance cons:
Infrared Finance is a prominent DEX and liquid staking protocol designed to facilitate the growth of the Bera ecosystem. Its main features are Vaults, $iBGT, and $iBERA LSTs, allowing users to earn yield from Berachain while maintaining liquid assets in their wallets.
As of April 2025, there is no info or even hint on the potential release of the Infrared token, the announcement about the token release and Infrared airdrop may be done anytime soon. Hence, we prepared for you a comprehensive guide on how to potentially qualify for Infrared retrodrop.
<a href="https://coinlaunch.space/projects/infrared-finance/" title="Infrared Finance (IR)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/infrared-finance.png" width="224" alt="Infrared Finance (IR)"></a>