According to BlockBeats news on May 19, Super Jun, the manager of the Benmo community, reported that HONEY on Berachain has been unable to be redeemed for USDC for over 50 hours. After verification by BlockBeats, the official redemption page currently shows "USDC.e has been exhausted. Please switch to BYUSD." Currently, there has been no significant depegging of HONEY, and the official redemption page indicates that 10,000 HONEY can be redeemed for 9,995 BYUSD. HONEY's market capitalization is currently reported at 100 million USD.

Odaily Planet Daily News Multicoin Capital co-founder Kyle Samani said in an article on X that Helium, Hivemapper, and io.net have collectively generated more than $50 million in revenue. By 2025, the revenue of these three projects will exceed $100 million. In addition to many other DePIN projects on the Solana chain, 2025 will be remembered as the breakthrough year for DePIN. Earlier today, Messari analyst Dylan Bane wrote on X that according to Messari's forecast, the DePIN industry's revenue will exceed $150 million next year. By 2024, DePIN

According to a recent report by Syndica, the monthly revenue of the Solana DEP protocol reached $1 million for the first time. Among them, Hivemapper revenue rose.

Hivemapper has teamed up with Jito, Kamino, and Orca to provide the best user experience and additional rewards for HONEY Liquidity. Jito and Kamino will offer incentives and a user-friendly Liquidity pool on Kamino to help users achieve lower slippage and more stable transactions on Orca. Contributors to the HONEY