Honeypot Finance, a new full-stack perpetual decentralized exchange (DEX), has secured $35 million in a recent funding round. The platform integrates automated market maker (AMM) and order book models to offer a hybrid trading experience. Since its launch, Honeypot Finance has facilitated over $20 million in perpetual contract volume.
The project is focused on developing a structured risk management system and a tokenomics model aimed at creating a self-sustaining revenue loop. As the platform gains traction, investors are keenly observing Honeypot Finance's long-term tokenomics strategy.
Honeypot Finance Raises $35M, Launches Hybrid Perp DEX
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