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Honeypot Finance: Perp hybrid platform raises $35 million, aiming for a sustainable model
Recently, Honeypot Finance – a DEX platform designed to combine spot and perpetual trading – completed a fundraising round with a total of $35 million raised. This move indicates increasing investor interest in hybrid decentralized trading platforms.
Hybrid Model Combining AMM and Order Book
The highlight of Honeypot Finance lies in its hybrid approach – the platform integrates an automatic market maker (AMM) mechanism( along with a traditional order book. This design allows users to benefit from both the liquidity of AMM and the efficient pricing of the order book, creating a more flexible trading experience.
Trading Volume and Growth
Since its official launch, the platform has processed over $20 million in perpetual swap volume, demonstrating rapid adoption by the trading community. This figure reflects a genuine market demand for a cutting-edge DEX platform.
Tokenomics Strategy and Long-term Sustainability
To ensure sustainable growth, Honeypot Finance is building a robust risk management system along with a carefully calculated tokenomics model. The goal is to create a self-sustaining revenue cycle, enabling the platform to operate independently without relying on future fundraising rounds.
With strong support from investors and a clear roadmap, Honeypot Finance is considered one of the promising candidates in the DEX space. The crypto community is closely watching how this platform implements its tokenomics strategy and product development in the coming period.