2026-01-12 05:34:53

Perpetual Contract DEX track has been iterating continuously, and Honeypot Finance chooses to make a breakthrough at this node, with some intriguing weapons in hand. The full-stack AMM combined with order book hybrid model, layered vault architecture, and fair process liquidation mechanism—what does this combination aim for? Is it a breakthrough in liquidity efficiency or a comprehensive upgrade in trading experience?

From a technical perspective, this solution attempts to meet both market makers' needs and traders' smooth experience. The layered vault design can reduce slippage, and the fair process liquidation avoids the black swan moments of traditional liquidation. The subsequent ecosystem planning of $HPOT will determine how far this project can go.

If you're curious about the next-generation form of Perp DEX, consider following Honeypot Finance's specific implementation progress. Whether this kind of innovation can break through the current DEX ceiling, the market will soon give the answer.

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DeFi_Dad_Jokes

· 01-12 16:52

The layered treasury system sounds good, but I wonder if it can withstand the next market upheaval.

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MEVvictim

· 01-12 06:04

Layered vaults and fair liquidation sound pretty good, but I wonder how it will perform once it’s truly up and running. --- NGL, it feels a bit exaggerated. Let’s wait until we see real trading data before judging. --- The hybrid model is technically innovative, but can it really reduce slippage? I’ll keep a question mark for now. --- The phrase “avoiding black swan events” sounds really nice, but it’s a bit amusing. --- $HPOT ecosystem planning is the real focus, no matter how strong the technology is, it needs users. --- With so many competitors in the perpetual DEX space, why can Honeypot overtake others? Let’s see. --- Breaking the ceiling, I’ve heard that phrase too many times. --- The name “Layered vault architecture” sounds too abstract. Can anyone explain it in simpler terms? --- Market maker experience + smooth trading, sounds like they’re trying to please both sides? What about the risks? --- The key is the actual performance after the mainnet launches. It’s too early to say anything now.

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GasFeeCry

· 01-12 06:02

This hybrid mode sounds good, but can it really solve the slippage problem, or is it just another hype? Can the layered treasury system hold up? It feels like current DEXs are just bragging. ecosystem planning is the key; good technology is useless without users. Another perp DEX, I wonder how long it can survive this time. The liquidation mechanism cannot fundamentally resolve the contradiction; it still comes down to capital efficiency. I'm here to look at token economics; no matter how good the technical details are, it depends on how much profit can be made. It's just a nice way of saying they want to siphon liquidity from us.

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NotFinancialAdvice

· 01-12 05:57

Another one of these pie-in-the-sky plans, with layered vaults and fair process liquidation. It sounds plausible, but actually implementing it is another story. Whether $HPOT can survive depends mainly on liquidity and user stickiness. What's the use of just looking good technically? By the way, can these types of Perp DEX really outperform centralized exchanges? I'm still a bit skeptical. Wait, what does fair process liquidation mean? Can someone explain? I'm optimistic about it, but I just don't know when it will actually be usable on-chain. And yet, we have to wait.

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GrayscaleArbitrageur

· 01-12 05:51

Layered vault + process fair liquidation, this combination indeed has some substance, but ultimately it depends on whether the ecosystem can take off.

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BearWhisperGod

· 01-12 05:51

Another new project aiming to revolutionize DEX? Sounds impressive, but let's see how long it can last first.

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