The Berachain ecological project Honeypot Finance has completed a new round of financing with a valuation of 35 million USD, with participation from Mask Network and others

ChainCatcher news, according to The Defiant, the Berachain ecological project Honeypot Finance announced the completion of a new round of financing with a valuation of $35 million. The participants in this round of financing include Mask Network, CatcherVC, and Credit Scend, among others, but the specific amount raised has not been disclosed.

This round of financing will primarily be used to advance the research and development of the AMM perpetual contract DEX (Perpetual DEX). This product serves as an important complement to Honeypot's existing DeFi infrastructure, aiming 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 product matrix integration and ecological expansion, building a more sustainable asset settlement and dynamic management mechanism, providing new infrastructure support for institutional-level DeFi liquidity.