en
Honey

Honey

HNY

48.15 %(1Y)

$0.88128

Price chart

Statistics

Price change (24h):

0.37%

High (24h):

$0.892496

Low (24h):

$0.878673

Volume (24h):

$139.2

Market Cap:

$0

All Time High:

99.96% $2187.59

Sep 6, 2021

All Time Low:

376% $0.19

Sep 13, 2021

About Honey

Honey (HNY) is a cryptocurrency governing the 1Hive DAO ecosystem on the Gnosis Chain.

The token fuels the 1Hive ecosystem, featuring Honeyswap, a decentralized exchange forked from Uniswap V2. By deploying on the Gnosis Chain (formerly xDai), the protocol eliminates the high gas costs and network congestion that hamper Ethereum-based DEXs. Traders swap tokens and provide liquidity with minimal fees, while Honey holders direct the DAO's treasury through stake-weighted voting.

Honey operates on the Gnosis Chain network. A bridged representation of the token also exists on Ethereum, mirroring supply through a lock-and-mint mechanism to enable cross-chain liquidity.

Both the native and bridged Honey tokens conform to the ERC-20 standard, ensuring compatibility with existing wallet infrastructure and DeFi protocols. The core decentralized exchange, Honeyswap, uses Uniswap V2's constant product bonding curve algorithm, enabling permissionless liquidity pools and trustless asset swaps. Smart contracts for the DAO and the DEX are openly inspectable in the 1Hive GitHub repository, aligning with the protocol's transparent governance ethos.

The 1Hive collective emerged as an open-source community, deploying Honeyswap to exploit the xDai chain's low fees and faster block times. The DEX launched by forking the audited Uniswap V2 codebase, customizing only the necessary parameters for the sidechain environment. From its genesis, the DAO adopted Conviction Voting—a time-weighted staking mechanism—to allocate Honey issuance toward community-vetted proposals, preventing plutocratic dominance.

The protocol's mission is to cultivate a permissionless digital currency whose monetary policy is dictated entirely by stakeholders. By linking issuance to value-accretive proposals, the DAO aims to align incentives for long-term ecosystem health and organic growth. Conviction Voting ensures that even minority participants can accumulate influence over time, fostering resilient collective decision-making immune to sudden capital attacks.

Honey tokens confer governance weight; holders lock them into conviction-weighted votes to signal priority for DAO initiatives. The asset also serves as the reward medium, distributing fresh issuance to liquidity providers and project developers whose proposals pass community review. This escrowed voting mechanism ensures that token utility is directly tied to active participation rather than passive holding.

Token holders can stake Honey into specific proposals to build voting conviction over time, steering treasury allocations without needing a majority. Liquidity providers deposit the token into Honeyswap pools, earning swap fees and, potentially, additional issuance as an incentive to deepen order books. Project teams soliciting grants must articulate value-generating initiatives, aligning token demand with the success of funded ventures.

Honey has a total supply of 36,489.98 tokens. Currently, 0 are in circulation. The DAO mints tokens according to proposal outcomes, making the inflation rate dynamic and subject to community governance. With a market capitalization of $0, Honey ranks #5,787 among all cryptocurrencies.

Honey Historical Price Data

Date Open Close High Low
$0.89 $0.89 $0.89 $0.88
$0.88 $0.89 $0.89 $0.88
$0.88 $0.88 $0.89 $0.88
$0.89 $0.88 $0.89 $0.88
$0.88 $0.89 $0.89 $0.88
$0.86 $0.88 $0.88 $0.86
$0.86 $0.86 $0.86 $0.84
$0.85 $0.86 $0.86 $0.84
Why is manual trading Honey a bad idea?
Manual hny trading
  • Miss perfect entry/exit
  • Emotional decisions
  • Huge time to monitor
Stoic AI
  • AI trades 24/7 automatically Catch every opportunity

  • Zero-emotion algorithm Disciplined strategy

  • Passive income Set & forget automation

20,000+

traders trusted Stoic AI

$200M+

in cumulative assets under management since inception

2015

year of company foundation

Try Automated HNY Trading

FAQ

  • Honey (HNY) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live HNY price, market cap, and 24-hour trading volume at the top of this page.
  • The current price of Honey (HNY) is $0.88128. Over the last 24 hours, it has moved -0.37%. Crypto prices update continuously, so short-term changes can happen quickly.
  • You can buy Honey on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.

    The smartest way to manage your HNY investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading.
  • Honey's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - HNY can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
  • We can’t provide investment advice. Whether Honey is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
  • Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
  • Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. HNY can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
  • With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
  • You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.

Disclaimer:

This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.

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