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Honeyswap Review 2026: Gnosis Chain DEX from 1Hive

Honeyswap is a Uniswap V2-style decentralized exchange from the 1Hive community, built for Gnosis Chain and also listed on Polygon. It is a low-cost, simple swap venue, but its liquidity is small and no audits are listed.

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.0/10

Mixed

Visit Honeyswap

Our verdict on Honeyswap

6.0/10

Honeyswap suits users already on Gnosis Chain who want a simple, low-cost Uniswap V2-style swap venue with ties to the 1Hive community and the HNY token. Its main strength is a familiar design backed by a wider DAO ecosystem. The main caveat is small liquidity of roughly $712K TVL and no listed audits, so keep trade sizes modest and understand the risks first.

Score breakdown

How Honeyswap scores

Security: 5.0/10
Ease of use: 7.0/10
Fees: 6.0/10
Features: 6.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Honeyswap?

Honeyswap is a decentralized exchange built for Gnosis Chain, previously called the xDai Chain. It is a fork of Uniswap V2 adapted for that chain and the 1Hive ecosystem. Users can swap tokens and add liquidity.

DefiLlama lists it under DEXs on Gnosis and Polygon, with about $712K in total value locked and a 7-day change of +0.8%. That is a small amount of liquidity compared with major DEXs.

The site is part of a broader 1Hive suite: Honeycomb for yield farming and staking, Honeypot for DAO proposals, Celeste as a subjective oracle and Gardens as a DAO launchpad. HNY is its token. The page credits Buzz DAO.

How Honeyswap works

Honeyswap uses an automated market maker, the model popularized by Uniswap V2. Instead of an order book, users trade against pools of two tokens. Prices move according to the ratio of tokens in the pool.

Liquidity providers deposit both tokens of a pair and receive LP tokens representing their share. They earn a portion of trading fees, and can stake those LP tokens on Honeycomb for additional rewards. The risk is impermanent loss when prices diverge.

Honeyswap sits inside the wider 1Hive ecosystem, which includes DAO tools and the HNY token for governance.

7 features

Key features

Token swaps

Swap tokens on Gnosis Chain through an automated market maker adapted from Uniswap V2.

Liquidity pools

Users can deposit token pairs into pools to earn trading fees.

Yield farming

Honeycomb lets users stake liquidity pool tokens to earn extra rewards.

Bridge links

The site links OmniBridge, Gnosis Bridge and a cross-chain bridge for moving assets to Gnosis.

Fiat on-ramp

The homepage offers card purchases with a pricing structure that starts at 0%, sent straight to a wallet.

1Hive ecosystem tools

Honeypot, Celeste and Gardens connect Honeyswap to DAO proposals, a subjective oracle and a DAO launchpad.

Analytics and token list

An info page provides Honeyswap data and analytics, alongside a default token list.

Pros and cons

What we like

Simple Uniswap V2-style swaps and liquidity pools that are easy to understand
Low transaction costs on Gnosis Chain, according to the project
Part of a community ecosystem with DAO tools, farming and governance
Documentation, wiki, GitHub and a bug bounty link are available
Own token list and analytics page for transparency
Card on-ramp starts at 0% pricing according to the homepage

Watch out for

TVL is small at about $712K, so liquidity for larger trades may be thin
DefiLlama lists no audits for the protocol
Code is a Uniswap V2 fork, so it lacks newer features such as concentrated liquidity
Fiat on-ramp is a third-party service whose terms sit outside the DEX itself
Homepage describes the Gnosis chain, and the Polygon deployment is not explained
Governance and development depend on a community DAO, with no named company or team

Honeyswap fees

Swap and liquidity fees are not stated publicly. Users should see the fee shown in the app before confirming a trade. Gnosis Chain transaction costs are described as incredibly low.

For the fiat on-ramp, the homepage says pricing starts at 0%. It says nothing is charged below $500 per year, and a small percentage is added on top of the exchange rate above that. Exact rates are not published on the homepage.

Is Honeyswap safe?

DefiLlama lists no audits for Honeyswap. The homepage links a bug bounty, GitHub and documentation, but the project does not name any security reviews or past incidents. Treat it as unaudited.

The DEX is non-custodial, so users keep their tokens in their own wallet, but they take on smart-contract risk, bridge risk and impermanent loss when providing liquidity. Small pools can also mean higher slippage. The fiat on-ramp is described as a Swiss-based authorized financial intermediary and KYC-less, which is the homepage's claim and not independently verified here.

6 steps

How to get started with Honeyswap

1
Set up a Metamask-compatible wallet and add the Gnosis network, following the homepage guide.
2
Bridge tokens to Gnosis using OmniBridge or the Gnosis Bridge, or buy tokens with a card through the on-ramp.
3
Open the app with the Launch App button and connect your wallet.
4
Select the tokens to swap, check the quoted price and fee, then confirm.
5
To earn fees, add liquidity to a pool and receive LP tokens.
6
Optionally stake LP tokens on Honeycomb for extra rewards, after reading the documentation.

Open Honeyswap

Who Honeyswap is for

Honeyswap is for DeFi users on Gnosis Chain who want basic swaps, liquidity provision and farming, and for people following the 1Hive community. It is less suited to large traders needing deep liquidity or to users who require audited code.

Honeyswap FAQs

What is Honeyswap?

Honeyswap is a decentralized exchange built for Gnosis Chain, formerly the xDai Chain. Users swap tokens and add liquidity from their own wallets. It is a fork of Uniswap V2 adapted for the 1Hive ecosystem.

Which blockchains does Honeyswap support?

DefiLlama lists Honeyswap on Gnosis and Polygon. The homepage and its guides focus mainly on Gnosis Chain.

What is the HNY token?

HNY is the token associated with Honeyswap and the 1Hive ecosystem, and the homepage has a Governance section covering it. The project does not give details such as supply or price.

Can I earn yield on Honeyswap?

Honeyswap is a Uniswap V2 fork, so liquidity providers normally earn a share of swap fees. The homepage also describes Honeycomb, where LP tokens can be staked for extra rewards. Providing liquidity carries impermanent loss risk.

Is Honeyswap audited?

DefiLlama lists no audits for the protocol, and the homepage links to a bug bounty. Anyone using it should read the documentation and understand smart-contract risk before depositing funds.

Can I buy crypto with a card on Honeyswap?

The homepage advertises buying tokens with credit or debit card, starting at 0% pricing. It says a small percentage is charged above $500 per year, and that the service is KYC-less, based in Switzerland and an authorized financial intermediary. Check the terms before using it.

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