Honeypot Finance

What Honeypot Finance does

Honeypot Finance is a multi-chain DeFi liquidity hub founded in 2022 and headquartered in the USA with operations in Singapore. It is among the earliest projects launched on the Berachain L1 and offers a vertically integrated suite spanning spot and perpetual futures trading, token and meme launchpads, NFT staking, and dynamic incentive vaults. Core products include the Honeypot DEX (built on Algebra Integral v1.2 with AMM-native matching, modular hooks, flash loans, and TWAP oracles), Honeypot Perp (up to 100x leverage via an isolated Senior/Junior vault risk engine), Dreampad (Fair Token Offering launchpad integrated with Fjord Foundry), Pot2Pump (meme launchpad with $20K graduation threshold and 40% LP lock in InterPoL), and the All-in-One Rewards Vault with Cheese Benance and Drip Drive engines. The protocol also anchors a 6,000-supply HoneyGenesis NFT collection that confers governance rights, revenue sharing, and time-based staking multipliers.

The company operates a non-custodial, self-serve model accessible via Web3 wallets with no account signup, supported by a 10,000+ Discord community and a Pre-TGE points campaign. Revenue is generated at the protocol level through trading fees on spot and perpetual swaps, vault management on perp risk products, and ecosystem revenue sharing distributed to HoneyGenesis NFT stakers, with fees passed through to liquidity providers rather than charged as SaaS subscriptions. Go-to-market combines product-led growth (instant wallet-onboarded access) with community-led governance, where NFT holders vote on Dreampad project selection and a democratic pause mechanism.

As of disclosure, Honeypot Finance has raised approximately $1.3M across pre-seed (February 2024, led by AC Capital and DEXT Force Ventures) and a strategic seed round (June 2024, led by TKX Capital, CSP DAO, and AQUANOW) at a $20M post-money valuation, with cumulative platform volume of $90M+, 53.5K+ active users, and 1.9M+ trades executed. Backed by Mask Network, Sanyuan Capital, and others, the team is led by CEO Wilson (former CTO with 10+ years in software engineering) and CTO Taki (Ph.D. in Blockchain), with smart contracts audited by Hashlock and Shieldify Security.

Name

Honeypot Finance

Legal name

Honeypot Finance

Website

https://honeypotfinance.xyz

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Honeypot Finance is a Berachain-anchored multi-chain DeFi liquidity hub offering spot and perpetual futures trading (up to 100x leverage), token and meme launchpads, NFT staking, and dynamic incentive vaults, serving self-serve DeFi traders, liquidity providers, and token launch teams globally.

Ownership category

akta.pro rank

Product category

Decentralized Finance (DeFi) Protocol

NAICS

Other Investment Pools and Funds (5259), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Other Financial Vehicles (525990)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)

akta.pro secondary industries

Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Tokenized Treasury, Money Market & Cash Management Products (FSADAEAB)

Keywords

• DeFi liquidity protocol
• Perpetual futures DEX
• Token launch platform
• AMM-based trading
• Decentralized exchange

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Trading Fees (Spot & Perpetual): Honeypot DEX generates fees from spot token swaps and perpetual futures trading. AMM-native matching provides liquidity for all trades with dynamic fee structure based on volatility. LPs earn from trading fee revenue shared with protocol.
2. NFT Staking Rewards: HoneyGenesis NFT holders stake NFTs to earn passive income from protocol revenue streams including POL vault performance, perpetual DEX trading fee sharing, and enhanced staking rewards with time-based multipliers up to 3x+.
3. Vault-Based Perp Products: LP deposits into Senior (stable yield) or Junior (leveraged exposure) vaults on the Perp DEX. LPs earn yields from trading activity and risk premiums. Protocol generates revenue from vault management and risk engine operation.
4. Pre-TGE Points Campaign: Users earn POT points through platform activities (trading, NFT staking, vault deposits) redeemable for TGE airdrop allocation. Points incentivize early adoption and platform engagement.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Honeypot Finance operates a multi-chain DeFi liquidity hub built on Berachain, offering perpetual futures trading with vault-based risk engines (up to 100x leverage, AMM-native matching without orderbooks), spot token swaps via concentrated liquidity, a community-driven launchpad (Dreampad) with a Fair Token Offering (FTO) model, a fair meme launchpad (Pot2Pump), HoneyGenesis NFT staking with revenue sharing, and the All-in-One Vault for action-based rewards. The platform combines concentrated liquidity, isolated LP vaults (Senior/Junior), and proprietary launch mechanisms to enable fair token offerings and risk-segmented yield products across multiple blockchains.

Product overview

Honeypot Finance is a multi-chain DeFi liquidity hub built on Berachain offering a vertically integrated platform combining perpetual futures trading, spot trading, automated liquidity management, and omnichain functionality. The product portfolio includes: Honeypot DEX (core perpetual and spot trading platform with vault-based risk engine and AMM-native matching), Dreampad (community-driven launchpad with FTO model for fair token launches), Pot2Pump (fair meme launch model), HoneyGenesis NFT (6,000 genesis NFT collection with staking benefits), and All-in-One Vault (dynamic incentivization vault). Users can trade perpetual futures with up to 100x leverage, swap tokens, provide liquidity, stake NFTs, and participate in token launches across multiple blockchain networks.

Differentiator

Problem solved

Functional benefit

Brands

• Dreampad: Honeypot Finance's launchpad supporting Fair Token Offering (FTO) model and Fjord Foundry's LBP and Fixed Price Sales for token launches.
• Honeypot DEX
• HoneyGenesis NFT
• Pot2Pump
• All-in-One Vault (AIOV)
• Cheese Benance
• Drip Drive
• Dreampad Custom Hooks

Products and services

• Honeypot DEX Multi-chain DEX combining perpetual futures trading with vault-based risk engine and AMM-native matching, plus spot trading. Supports up to 100x leverage on perpetual futures, isolated Senior & Junior vaults for LP risk segmentation, and instant token swaps across multiple blockchains. Built for active DeFi traders seeking institutional-grade trading infrastructure on-chain.
• Dreampad Community-driven launchpad supporting the Fair Token Offering (FTO) model with 100% immediate liquidity, no pre-minted tokens, and balanced liquidity removal according to constant K formula. Also integrates Fjord Foundry's LBP and Fixed Price Sales options. Enables token launches with anti-rug mechanisms and custom hooks (Vesting Hook, Future Option Hook, Remove & Burn Liquidity Hook) for project customization. Targets Web3 token project teams seeking fair, sustainable launches.
• Pot2Pump Fair meme token launchpad on Berachain combining a liquidity-focused meme model with fair launch mechanisms during the pre-DEX phase. Features a $20,000 threshold for DEX graduation, a refund mechanism for failed launches, and 40% of LP tokens locked in InterPoL while retaining yields. Allocation: 50% LP to early participants, 5% to deployer, 5% to platform. Designed for meme coin projects seeking protection against trading bots and LP withdrawal failures.
• HoneyGenesis NFT Collection Gen-0 NFT collection of 6,000 NFTs launched March 2024. Entitles holders to POL vault rewards, perpetual DEX revenue sharing, enhanced staking rewards up to 3x+ after 60 days, and exclusive airdrops from ecosystem projects. Also provides governance rights for Dreampad project selection via NFT holder voting. Designed for NFT collectors seeking yield-generating holdings with protocol revenue sharing.
• All-in-One Vault (AIOV) Dynamic, action-based incentivization vault on Berachain where users burn tokens to claim rewards through a deflationary mechanism. Includes two new liquidity engines: Cheese Benance (Up Only mint + swap mechanism powered by backed cAssets) and Drip Drive (swap-mining function rewarding real on-chain usage). Designed for DeFi users seeking tokenized incentives tied to actual protocol participation.
• Pre-TGE Points Campaign Points-earning system where users complete platform missions (trading, NFT staking, vault deposits) to earn POT points redeemable for TGE airdrop allocation. Functions as a freemium user acquisition and engagement mechanism to incentivize early platform adoption ahead of the token generation event.

Quantifiable outcome

• $90M+ total trading volume executed on platform
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered core and key.

• Algebra Finance / Algebra IntegralcoreTechnology or IntegrationAlgebra Integral v1.2 powers Honeypot DEX core infrastructure with modular concentrated liquidity framework, plugin system for hooks (TWAP oracle, dynamic fees, farming, security), and flash loan capabilities. This is the foundational technology underlying all DEX operations.
• AquaberacoreTechnology or IntegrationAquabera's ALM (Automated Liquidity Manager) solution powers the POGE Vault for dynamic price range management and optimized transaction fee collection for LPs. Integral to concentrated liquidity management on the platform.
• Fjord FoundrycoreStrategic or Co-development PartnerStrategic partnership for LBP and Fixed Price Sales token launches within Berachain ecosystem. Honeypot integrates Fjord's backend enabling simultaneous participation through both platforms. Honeypot acts as official curator on Fjord platform.
• ChainlinkkeyTechnology or IntegrationOracle network integration for price feeds and data reliability within the Honeypot Finance ecosystem.
• AxelarkeyTechnology or IntegrationCross-chain bridge protocol integration enabling multi-chain functionality and asset transfers across blockchain networks.
• OKXkeyTechnology or IntegrationGlobal exchange partnership for expanded reach and trading capabilities within the Honeypot ecosystem.
• Bitget WalletkeyTechnology or IntegrationWeb3 wallet integration providing users with alternative wallet connection options for accessing Honeypot Finance platform.
• InterPoLkeyTechnology or IntegrationLiquidity locking mechanism used by Pot2Pump to lock 40% of LP tokens without renouncing yields, increasing token scarcity and price potential.
• HashlockkeyTechnology or IntegrationSecurity audit firm that completed comprehensive smart contract audits for Honeypot Finance Launchpad (FTO Model & Hooks) and All-in-One Vault products.
• Shieldify SecuritykeyTechnology or IntegrationSecurity firm that completed reviews for Pot2Pump meme launchpad and Pot2Pump updates, ensuring smart contract security.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Trader Joe: Multi-chain DEX with concentrated liquidity AMM and launchpad products (JoePEACH). Comparable architecture and product mix to Honeypot DEX and Dreampad.
• Hyperliquid: High-performance decentralized perpetual futures exchange with on-chain orderbook. Direct competitor in the on-chain perps space, currently capturing significant market share from incumbents.
• Camelot DEX: DEX and launchpad native to Berachain. Most direct competitor on Honeypot's home chain — competes in spot AMM, token launches, and Berachain-native liquidity provision.
• GMX: Decentralized perpetual futures exchange using a multi-asset GLP vault model. Direct competitor to Honeypot's vault-based perp DEX, both targeting on-chain leveraged trading without traditional orderbooks.
• dYdX: Leading decentralized perpetuals exchange with orderbook-based matching. Competes with Honeypot for on-chain perpetual futures volume and trader mindshare, though architecturally distinct.
• Kwenta: Decentralized perpetual futures exchange built on Optimism. Direct competitor in the on-chain perps category targeting similar trader personas with similar leverage offerings.
• Vertex Protocol: Cross-chain decentralized exchange offering spot and perpetual futures with hybrid orderbook-AMM design. Direct competitor in combined spot/perp DeFi trading.
• Fjord Foundry: Fair token launch platform on Ethereum and other L1s offering LBPs and Fixed Price Sales. Strategic partner but also a direct competitor in the token launchpad space.

Broad incumbents

• Uniswap: Largest decentralized spot AMM with concentrated liquidity. Competes with Honeypot DEX in spot trading and serves as the benchmark for AMM-based liquidity provision.

Others

• Algebra Finance: Core technology provider powering Honeypot DEX with modular concentrated liquidity framework and plugin hooks. Infrastructure-layer relationship that also enables competitor DEXs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/honeypotfinance
• GitHubgithub.com/Honeypot-Finance

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds3 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Honeypot Finance