Honk Bot

What is the Honk Index?

The Honk Index tracks key DLMM market conditions using filtered data, updated every 15mins.

✅ Lincoln Score 1%+
✅ Market Cap $2M+
✅ Age 4hrs+

This removes volume-botted coins and bad yield pools, leaving only viable pools to be scored.

Each metric tells a story:

📊 Pools → # of viable DLMM pools in last 15 mins
📊 Imb → % of swaps going into top 20% pools
📊 1d Vol → Last 24h volume in viable pools
📊 1d TVL → Change in TVL in viable pools
📊 1d Fees → Fees earned, avg over last 4 data points
📊 1d Yield → 1d Fees/1d TVL (Yield % on LP capital)

How to Use It for LPing?

🟢 Pools UP? More opportunities = healthier LP environment.
🟢 1d Yield > 3%? LPing is good to go despite fee dips.
🟢 Imb DOWN? This is bullish—swaps are more evenly balanced across pools, reducing risk and creating more stable LP earnings.
🔴 Imb HIGH? Means most volume is in just a few pools— it's imbalanced, be selective.
🔴 1d Vol DOWN? Could mean the market is slowing.

🚀 TL;DR: Use the Honk Index to LP smarter.

🔹 More pools = More opportunity
🔹 Higher yield = Profitable LPing
🔹 Low volume? Sit out.
🔹 High imbalance? Pick top pools.

Read more here: https://x.com/thegoosedao/status/1885653455764947322