Berachain ecosystem project Honeypot Finance completes new funding round at $35 million valuation

Techub News, according to The Defiant, the Berachain ecosystem project Honeypot Finance has completed a new funding round at a $35 million valuation. Participants in this round included Mask Network, CatcherVC, and Credit Scend, among others. The specific funding amount has not been disclosed. This round of financing will primarily be used to advance the research, development, and deployment of an AMM perpetual contract DEX (Perpetual DEX). As a crucial supplement to Honeypot's existing DeFi infrastructure, this product aims to address the structural bottlenecks of traditional order book-based perpetual contract exchanges and further enhance Honeypot's omnichain liquidity system.