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Honey

Honey HONEYPrice $ 0.997

Rank: 199

HONEY Price

0.997
0.35%
Price Range
LowHigh
$ 0.995$ 1.03

General Info

Contracts/Explorers:

Berachain

Tags (Sub-Categories):

# Token

+2

Description

HONEY is a fully collateralized stablecoin on Berachain.

Honey (HONEY) Chart

Honey price Index provides the latest HONEY price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

HONEY to USD Converter

Honey (HONEY)HONEY

HONEY Price Statistics

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Market Cap

$ 280.34M

Fully diluted value

FDV

$ 280.34M

ATH Market Cap

$ 541.99M


Vol. (24h) / MCap

0.0576

Total Supply

HONEY 281,055,168

Circulating Supply

HONEY 281.06M

(100% of Total Supply)

All Time High

$ 1.07

28 Feb 2025


All Time Low

$ 0.591

6 Mar 2025


From ATH

6.65%

From ATL

68.8%
Trending Honey Fiat Pairs

What is Honey (HONEY)?

Honey ($HONEY) is Berachain's native stablecoin, designed to provide a stable and reliable medium of exchange within the Berachain ecosystem. It is fully collateralized and soft-pegged to the US Dollar, offering stability in contrast to more volatile crypto assets​.

$HONEY can be minted by depositing a range of whitelisted crypto assets into specialized smart contracts known as $HONEY vaults. Each vault is dedicated to a specific type of collateral, ensuring flexibility and security in the minting process. The Vault Router contract oversees this process, connecting various vaults and minting $HONEY based on the deposited collateral. In the Berachain ecosystem, $HONEY is used for various purposes, including payments, remittances, and as a hedge against market volatility. It also plays a crucial role in lending and trading protocols like Bend and Berps, where it serves as the base token for collateral, payouts, and deposits.

The governance of $HONEY involves managing minting rates and collateral types through community votes, ensuring the stablecoin remains responsive to the needs of its users.

Honey Price Today

Honey's current price is $ 0.997, it has dropped -0.35% over the past 24 hours.

Honey's All Time High (ATH) of $ 1.07 was reached on 28 Feb 2025, and is currently -6.65% down.

The current circulating supply of Honey is 281.06 Million tokens, and the maximum supply of HONEY is unlimited.

Honey’s 24 hour trading volume is $ 16.15 Million.

Honey's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 280.34 Million.

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