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

Gate.io News bot message, according to Wu's report, Berachain stablecoin's total supply has experienced a large outflow in the past month. Data shows that the total supply of stablecoins has decreased from a peak of $1.4 billion to $550 million. Among them, the supply of the native stablecoin Honey has decreased from $740 million to $280 million. The total locked value of mainstream cross-chain assets on the platform is ( TVL ), which has decreased from a peak of 3.5 billion USD to 2.7 billion USD, but mainstream assets like BTC and ETH remain stable. Currently, the TVL of mainstream cross-chain assets mainly comes from deposit funds in the Boyco market. According to reports, the 90-day lock-up fund and related rewards for Boyco will be unlocked on May 6. Source: Wu Shuo

According to the Gate.io News bot, Berachain platform's USDC supply decreased from 1 billion to 550 million in the past week, a total outflow of 450 million coins. During the same period, the platform's native stablecoin Honey (minted 1:1 through USDC) saw its supply drop from 740 million to 510 million, with a redemption volume of 230 million coins. Wu said that previous reports pointed out that under the Berachain PoL mechanism, the five trading pairs officially launched by BeraSwap saw a significant decrease in BGT allocation due to the lack of bribery incentives. Among them, the BGT yield of the two stablecoin pools dropped from a maximum of about 15% to around 3%. Source: Wu Says

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