Infrared Finance

Currently, staking IR for sIR gives stakers a proportional claim on the vault's IR, including any IR that is compounded as rewards. Yield for stakers is sourced from protocol revenue, a portion of which is used for IR buybacks.

sIR is designed to carry votes on protocol upgrades and parameters, but governance parameters haven’t been defined and no vote has taken place. Until the DAO is implemented, Infrared’s development team manages protocol updates.

The IR token is the native token of the Infrared protocol, designed to provide governance rights, distribute protocol revenue, and support the long-term growth & expansion of the protocol

Track IR price, market cap, circulating supply, max supply, trading volume, and token rights.

	Q4 2026*	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025
Gross Protocol Revenue	$17.27K	$27.46K	$39.5K	$54.18K	$206.37K	$1.24M	$3.91M	$2.99M
Cost of Revenue	$0	$0	$0	$0	$0	$0	$0	$0
Gross Profit	$17.27K	$27.46K	$39.5K	$54.18K	$206.37K	$1.24M	$3.91M	$2.99M
Earnings	$17.27K	$27.46K	$39.5K	$54.18K	$206.37K	$1.24M	$3.91M	$2.99M

Collateral / Borrow	Protocol
1 IR / WBTC	Dolomite	-0.05%	0.00%	0.05%	$725,050	60%
2 IR / WETH	Dolomite	-0.47%	0.00%	0.47%	$522,131	60%
3 IR / USD₮0	Dolomite	-5.65%	0.00%	5.65%	$141,595	60%
4 IR / USDC.e	Dolomite	-6.42%	0.00%	6.42%	$386,758	60%
5 IR / HONEY	Dolomite	-14.21%	0.00%	14.21%	$29,660	60%
6 IR / WBERA	Dolomite	-18.26%	0.00%	18.26%	$138,670	60%

Collateral / Borrow	Protocol
1 IR / WBTC	Dolomite	-0.05%	0.00%	0.05%	$725,050	60%
2 IR / WETH	Dolomite	-0.47%	0.00%	0.47%	$522,131	60%
3 IR / USD₮0	Dolomite	-5.65%	0.00%	5.65%	$141,595	60%
4 IR / USDC.e	Dolomite	-6.42%	0.00%	6.42%	$386,758	60%
5 IR / HONEY	Dolomite	-14.21%	0.00%	14.21%	$29,660	60%
6 IR / WBERA	Dolomite	-18.26%	0.00%	18.26%	$138,670	60%

Infrared Finance(IR)

Key Metrics

Income statement for IR

Markets

Token rights and value accrual

Infrared

Token Usage

Unlocks

Borrow

Overview