Honeyswap is a community-driven decentralized exchange built on Gnosis Chain, offering fast, cheap, and secure token swaps powered by the 1Hive ecosystem and the HNY token.
Honeyswap exists to make decentralized finance accessible to everyone. By building on Gnosis Chain — a network with near-zero transaction fees and fast finality — Honeyswap removes the barriers that make DeFi expensive and slow on other networks. We believe open financial infrastructure should be available to every human being, regardless of geography or wealth.
Honeyswap is a fork of Uniswap V2, adapted and deployed on Gnosis Chain (formerly xDai Chain) by the 1Hive community. It uses an automated market maker (AMM) model, meaning trades are executed against liquidity pools rather than an order book. Anyone can provide liquidity to these pools and earn a share of trading fees.
The native token of the 1Hive ecosystem, HNY (Honey), plays a central role in Honeyswap. A portion of every swap fee on Honeyswap is used to buy HNY and add it to the 1Hive community treasury, which is governed by HNY holders through a conviction voting system.
Transactions on Gnosis Chain cost fractions of a cent, making Honeyswap practical for traders of all sizes — from micro-transactions to large swaps.
Your assets remain in your wallet at all times. Honeyswap smart contracts are permissionless — no sign-ups, no KYC, no custodians. You are always in control.
Honeyswap supports Gnosis Chain and Polygon, with more networks planned. Bridge your assets and trade across ecosystems from a single interface.
Deposit token pairs into liquidity pools on Honeyswap and earn 0.25% of every swap fee proportional to your share of the pool.
1Hive uses conviction voting to allocate the community treasury. HNY holders propose and vote on projects, making Honeyswap truly community-owned.
All Honeyswap smart contracts and front-end code are open source and verifiable. Transparency and trust are core to everything we build.
Honeyswap uses the constant product AMM formula (x × y = k) popularized by Uniswap. When you swap Token A for Token B, you deposit Token A into the pool and receive Token B. The price adjusts automatically based on the ratio of tokens in the pool. This mechanism ensures continuous liquidity without the need for a counterparty.
Honeyswap is the flagship application of 1Hive, a decentralized autonomous organization dedicated to building open-source financial tools. The 1Hive community funds development through the HNY token treasury, enabling a self-sustaining cycle of growth and innovation.
HNY is the native governance and utility token of 1Hive. It powers the community treasury, incentivizes liquidity provision through farming programs, and is used in conviction voting to fund new proposals and ecosystem projects connected to Honeyswap.
Gnosis Chain (formerly xDai) is an EVM-compatible blockchain with 5-second block times and transaction costs under $0.001. It uses XDAI (a stable token pegged to USD) as its native gas token, making it highly predictable and accessible for everyday use on Honeyswap.
Honeyswap is built on the battle-tested Uniswap V2 codebase, one of the most widely audited AMM protocols in DeFi. The 1Hive community continuously monitors deployed contracts and has implemented safeguards to protect liquidity providers and traders.
Everything built within the Honeyswap and 1Hive ecosystem is guided by a set of shared values:
Ready to start swapping? Visit Honeyswap and experience decentralized trading at its best.