Honeypot Finance has successfully completed a new funding round, achieving a valuation of $35 million. Key investors in this round include Mask Network, CatcherVC, and Credit Scend. Although the specific amount raised was not disclosed, the funds are earmarked for the development and deployment of Honeypot's AMM perpetual contract decentralized exchange (DEX). This initiative aims to overcome structural limitations of traditional order-book perpetual exchanges and enhance Honeypot's cross-chain liquidity system, strengthening its position in the DeFi sector.