Honeypot Finance is a decentralized finance startup operating within the Berachain ecosystem. Its primary focus is developing an automated market-maker (AMM) perpetual contract decentralized exchange that it believes will eliminate the structural limits of order-book-style perpetual platforms. The company already offers cross-chain liquidity tools and views the upcoming DEX as a crucial extension of its existing infrastructure. Funds from its latest raise will support research, development, and deployment of the new exchange while integrating a broader product matrix. Honeypot also plans to build a more sustainable asset-settlement framework and dynamic liquidity-management mechanisms aimed at institutional users. Following the round, the company is valued at $35 million, but no revenue or user metrics have been disclosed.

Total raised

$1M

Funding rounds

3

Latest round

Equity

Latest activity

Jun 2024