Honey Finance
Honey Finance is an NFT lending and borrowing protocol that lets users create lending pools by pairing any NFT with any fungible token.
What is Honey Finance?
Honey Finance allows its users to use their NFTs as collateral on peer-to-contract loans, as well as NFT farming. DAOs use the protocol to create lending markets, which match lenders and borrowers in isolated risk markets (IRMs). The protocol employs variable interest rates based on liquidity, and their anticipated Loan-to-Value ratio is 50%. Their governance token HONEY can be minted by staking NFTs into their farms.
Web3 dapps and developer tools related to Honey Finance
Discover blockchain applications that are frequently used with Honey Finance.
Double Protocol
Salvor
Famous Foxes
Altr
Developer resources from Alchemy
What is the Ethereum Pectra upgrade? Dev guide to 11 EIPs
The Ethereum Pectra upgrade bundles 11 EIPs, from smart wallet capabilities to staking mechanics and rollup data efficiency. Discover what changes and why it matters.
Up to 40% cheaper data APIs
As part of our mission to bring 1 billion users onchain, we're reducing Compute Unit costs for our NFT API, Token API and Transfers API starting today.
How Aave runs the largest lending protocol in DeFi across 20+ chains with Alchemy
Aave has run its traffic on Alchemy since 2021, powering protocol data across 20+ networks and a gasless consumer app, through V4, Cortex, and spikes above 2M CU/s.
Honey Finance alternatives
Explore web3 competitors and apps like Honey Finance.
BendDAO
Arcade
Solvent
ZhartaApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
