INFINIT introduced a managed trading-vault framework on October 12, 2026, with the APEX Multi-Strategy as the first named vault. Depositors put in USDC during a set window and get a receipt token representing their share of the vault. A strategy manager trades for a fixed term, then holders redeem the receipt token for their share of the vault's USDC value after fees. The first vault is operated by Apex Quantitative Capital, whose team members have close to 50 years of combined experience across banks, buy-side institutions, crypto trading firms, and exchanges.
How the vaults are supposed to work
Each manager sets fees, lock period, deposit window, risk limits, and strategy before deposits open. The structure gives the manager trading authority without giving it withdrawal access. Deposits sit behind a 3-of-4 multisig with keys divided between INFINIT and the operating team. Trading credentials can open and close positions but cannot withdraw depositor funds. INFINIT publishes a shared trading wallet and provides weekly performance reports to depositors.
The framework restricts vaults to eligible Hyperliquid markets with at least $100 million in open interest. The trade gateway enforces declared restrictions at order entry, blocking orders outside the approved market list or that violate the vault's declared restrictions. Monitoring agents compare trading activity with the manager's published mandate and risk limits. INFINIT's risk team reviews suspected breaches; the manager must correct a confirmed breach, and an unresolved breach causes INFINIT to pause trading access.
The APEX Multi-Strategy book
APEX Multi-Strategy is a systematic CTA momentum model with an AI-led engine that ranks markets by relative strength, goes long the strongest and shorts the weakest across stocks, commodities, and crypto. The book stays dollar-neutral so returns come from market selection. Equity and commodity exposure comes through perpetual contracts on Hyperliquid, and all APEX returns come from trading profit and loss.
Managers must pass the INFINIT Standard before taking deposits. That includes identity checks for the manager and its beneficial owners, a first-loss capital contribution, a live trading record, and declared market, leverage, exposure, and drawdown limits.
What the announcement leaves open
The announcement does not state the amount of first-loss capital or the loss-allocation sequence. It also doesn't say how often open interest is measured or what happens when an already-open market falls below the $100 million threshold. Those are operational details that matter once a vault is live and a market slips out of eligibility.
Receipt-token redemption occurs at the end of a fixed term, not as an on-demand withdrawal as described in the announcement. Receipt tokens represent depositor shares, and integrations with other DeFi protocols are planned, but no live lending, collateral, or secondary-market integration is identified.
INFINIT OS covers strategy research and testing, vault setup, accounting for depositor shares, controlled execution, risk monitoring, and investor reporting. It also supports legal structuring, regulated fund licensing, and fund administration for strategy managers. Whether the first vault's deposit window fills and how the framework handles a market dropping below the open-interest floor are the two concrete things to watch.
