According to Deep Tide TechFlow news, on October 19, the integrated all-in-one liquidity hub Honeypot Finance announced the completion of a new round of financing with a valuation of 35 million dollars. The participants in this round of financing include Mask Network, CatcherVC, and Credit Scend, among others. The specific amount of financing has not yet been disclosed.
This round of financing will mainly be used to promote the research and development and deployment of the AMM perpetual contract DEX (Perpetual DEX). As an important supplement to Honeypot's existing DeFi infrastructure, this product aims to address the structural bottlenecks of traditional order book perpetual contract exchanges and further improve Honeypot's full-chain liquidity system.
Honeypot Finance stated that this financing will help the team accelerate the integration of the product matrix and ecosystem expansion, build a more sustainable asset settlement and dynamic management mechanism, and provide new infrastructure support for institutional-level DeFi liquidity.
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