Honey (HONEY) stablecoin analytics
Honey is Berachain's native fully-collateralized dollar token, minted 1:1 against approved stable assets where some routes carry mint/redeem fees.
Static Profile
Static stablecoin profile
Honey (HONEY) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Jun 3, 2026
1:1 basket-backed dollar on Berachain (USDC/USDT0/pyUSD/USDe) with atomic basket unwind; chain immaturity and dependency drag the grade into D territory. HONEY is Berachain's native stablecoin, minted 1:1 against a basket of USDC, USDT0, pyUSD, and USDe through permissionless...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- 1:1 basket of USDC.e, USDt0, BYUSD, and USDe on Berachain
- Peg Mechanism
- Direct 1:1 mint/redeem against centralized stablecoin collateral with Basket Mode safety
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Berachain HoneyFactory Reserve source
- Contracts
- 1 deployment tracked across Berachain.
Snippet Answer
Is HONEY safe?
Pharos does not mark HONEY as absolutely safe. Static metadata says Honey uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Berachain HoneyFactory; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety honey-berachain
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
HONEY quick answers
What is HONEY?
Honey is Berachain's native fully-collateralized dollar token, minted 1:1 against approved stable assets where some routes carry mint/redeem fees. The static profile records its US Dollar peg mechanism as: Direct 1:1 mint/redeem against centralized stablecoin collateral with Basket Mode safety
Is HONEY safe?
Pharos does not mark HONEY as absolutely safe. Static metadata says Honey uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Berachain HoneyFactory; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs HONEY?
Pharos classifies HONEY backing as Crypto-Collateralized. Collateral, per the static profile: 1:1 basket of USDC.e, USDt0, BYUSD, and USDe on Berachain Reserve evidence: Real-Time PoR from Berachain HoneyFactory.
Can HONEY be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for HONEY, when applicable, appear in the dossier below.