Honeypot Finance announces its upgrade to a Full-Stack Perp DEX and officially launches order book perpetuals.

According to ChainCatcher, Honeypot Finance has completed its upgrade from an AMM perpetual to a Full-Stack Perpetuals DEX, and has also launched order book perpetuals (Orderbook Perps) with cross-chain liquidity support provided by Orderly Network.

This upgrade signifies that Honeypot has entered the era of dual execution engines:

The order book model is now live (supporting BSC / Berachain / Base synchronously);

The AMM model will be launched soon, continuing the protocol's native layered vaults (Senior/Junior Vault) and fair liquidation mechanisms.

Unlike single-route perp DEXs like Hyperliquid, GMX, and Lighter, Honeypot's Full-Stack structure can maintain trading during high volatility and achieve risk isolation and stable returns through Oracle-Bands and ERC-4626 layered vaults.

The Honeypot team stated: "This marks the transition of on-chain perpetuals from a single engine to an infrastructure-level multi-execution model."