TechFlow, October 19 — Integrated all-in-one liquidity hub Honeypot Finance announced a new round of funding at a $35 million valuation. Participants in this round include Mask Network, CatcherVC, and Credit Scend, though the specific funding amount has not been disclosed.
The funds will primarily support the development and deployment of an AMM-based perpetual contracts DEX (Perpetual DEX). As a key addition to Honeypot's existing DeFi infrastructure, this product aims to address structural bottlenecks in traditional order-book-based perpetual exchanges and further enhance Honeypot's cross-chain liquidity ecosystem.
Honeypot Finance stated that this funding will accelerate the integration of its product suite and expand its ecosystem, enabling the construction of more sustainable asset settlement and dynamic management mechanisms, providing new infrastructural support for institutional-grade DeFi liquidity.
