Top 100 Tokens on Honeyswap
by Trade Volume
Honeyswap is a Layer-2 version of Uniswap V2 that uses the Gnosis Chain network. Honeyswap is one of the best DEXs for trading on the Gnosis chain, offering superfast transactions, low fees, and other amazing DeFi opportunities such as yield farming and staking. Honeyswap makes use of popular crypto tokens such as Honey(HYN) and Wrapped XDAI to facilitate transactions and DeFi activities.
|Token||Vol USD 24h||Price, USD||Price 24h||Price 7d||Price 30d||Liquidity||Tx Count||Link|
Top Tokens on Honeyswap
What is Honeyswap?
Honeyswap is a decentralized crypto exchange (DEX) which makes use of the super fast Gnosis Chain, formerly known as the xDaiChain.
Originally, Honeyswap was created as a fork of Uniswap but unlike Uniswap which uses the Etherum network it instead makes use of the Gnosis Chain network. The Gnosis Chain (formerly xDai Chain) is a side-chain of the Ethereum (ETH) network.
The Gnosis Chain is a blockchain designed for fast and inexpensive transactions. The chain uses a dual-token model;
A stable token used for transactions, payments, and fees, and Proof of Stake protection which is provided by GNO with the consensus-layer Gnosis Beacon Chain.
Essentially, Gnosis Chain uses a different validation protocol, which results in inexpensive and quicker transactions.
Honeyswap benefits from Gnosis Chain by taking advantage of the speedy transactions and low gas fees.
The Honeyswap Token Honey (HNY)
Honey (HNY) is the governance token issued by the Honeyswap DEX. Traders and investors who provide liquidity on Honeyswap can earn rewards and TX fees in HNY. Some well-known top tokens on Honeyswap are: Wrapped XDAI (WXDAI), Gnosis Token (GNO), Streamr (DATA), and xDAI Stake (STAKE).
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