Berachain Ecosystem

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

HONEY is a fully collateralized stablecoin on Berachain. 

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Comprehensive analysis of %coinname% price dynamics, quarterly returns, and annual trends in dollars. Our detailed research unveils dynamic interconnections between %coinname% and the US dollar, providing valuable insights based on current data.

Period	Change	Change (%)	High	Low
24H	-$ 0.00007677	-0.01%	$ 1.00	$ 0.9948
7D	-$ 0.0005354	-0.05%	$ 1.00	$ 0.9945
14D	$ 0.00117	+0.12%	$ 1.00	$ 0.993
30D	$ 0.002832	+0.28%	$ 1.00	$ 0.9917
3M	$ 0.0008746	+0.09%	$ 1.01	$ 0.9851
6M	$ 0.002025	+0.20%	$ 1.03	$ 0.9851
YTD	$ 0.002105	+0.21%	$ 1.03	$ 0.982
1Y	-$ 0.002548	-0.25%	$ 1.08	$ 0.9575
3Y	-$ 0.005597	-0.56%	$ 1.08	$ 0.5908

HoneyHONEY

Honey Analytics

Honey Closing Price (USD) - Quarterly

honey-usd Monthly Returns (USD)

HONEY - USD Price Change

Honey Annual Price (USD) Change