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With greater than $ 440 million of whole locked worth and greater than 50 ecosystem launch companions, Hemi is able to grow to be some of the full Bitcoin Defi ecosystems of the primary day.
Chicago, March 12, 2025 –
Key details
- Hemi is a modular blockchain community designed for greater scaling, security and interoperability, unifying Bitcoin and Ethereum as a singular supernetwork.
- Greater than fifty protocols will probably be deployed on Hemi, particularly decentralized exchanges (for instance, Sushi, Dodo, Izumi), mortgage protocols (for instance, COUCHEBANK, ZEROLED), vaults (for instance REDSTONE, PYY, CIGROIE) and DAPPS Keys (for instance, Layerzero, PELL, BITFI).
- Hemi has already attracted greater than $ 440 million of whole locked worth (TVL), with extra commitments to be written to the community.
- 270 million {dollars} of this whole appeared on the Hemi ignition platform inside three days of its pre-Mainnet launch, which permits customers to win BTC, ETH and Stablecoin rewards
- Introduced a sequence of seeds of $ 15 million in September 2024, led by Binance Labs, Breyer Capital and Massive Mind Holdings.
- Hemi was based by the famend Bitcoin developer Jeff Garzik and the safety pioneer of the blockchain Max Sanchez.
Hemi, a modular blockchain community powered by Bitcoin and Ethereum, now declares the launch of his Mainnet.
Hemi has obtained greater than $ 440 million on TVL – with hundreds of thousands of others in commitments – whereas rapidly increasing its ecosystem with dozens of key protocols, together with Dex, LST / LRTS, and extra.
This positions Hemi as a layer of significant infrastructure for decentralized finance by bitcoin and ethereum, permitting innovation and scalability within the blockchain area.
As well as, the HEMI community has obtained $ 271 million in liquidity because of its tempo protocol,, Hemi Pile. The protocol permits customers to win BTC, ETH and Stablecoins rewards with out locking or danger discount danger durations.
Because of the protocols supplied by ecosystem workers of the primary day of hemi, customers will be capable of:
- Create purposes which are each Bitcoin- and Ethereum-Conscious;
- Take part within the provision of dex loans and liquidity or allocate funds to specialised trunk merchandise;
- perpetual commerce;
- Paper and rethink of common BTC and ETH tokens;
- borrow and alternate tokens; And
- Create artificial energetic components.
Specifically, Hemi's DEFI ecosystem has a robust emphasis on the provision of liquidity and the possibilities of yield for most of the hottest liquid token (LST) and the liquid replenishment tokens (LRT) of Bitcoin and Ethereum ecosystems.
“A bit of greater than six months after the introduction of our incentive testnet, Hemi demonstrated its resilience and its capability as a strong community to advance blockchain purposes by Bitcoin and Ethereum,” mentioned Jeff Garzik, co-founder of Hemi.
“The HEMI workforce has a transparent and convincing imaginative and prescient to unlock the programmability, portability and the potential of web3,” mentioned Ted Breyer, companion at Breyer Capital. “With a distinguished evaluation, they’re solely positioned to ship.”
A 2 totally different perspective
Makes an attempt at Bitcoin and Ethereum integration and scale tended to resolve the issue of their respective communities, leading to a fractured ecosystem. Hemi reasonably addresses Bitcoin and Ethereum as parts of a bigger supernet. This surfaces the important thing capacities of the 2 networks and, in flip, permits a brand new class of blockchain purposes earlier than inaccessible.
Hemi's benefits embrace:
- Bitcoin and Ethereum unification – The HEMI digital machine (HVM) incorporates a whole bitcoin node into an Ethereum digital machine (EVM), permitting builders to take advantage of the facility of Bitcoin and Ethereum utilizing acquainted and confirmed growth instruments.
- Bitcoin programmability – Constructing with the Hemi Bitcoin Equipment (HBK) provides builders direct entry to extremely granular views of the Bitcoin state, unlocked new purposes which had been beforehand unprofitable or unimaginable to carry out in a very with out confidence, safe and environment friendly approach.
- Superfinity – Because of his POP consensus protocol, Hemi inherits Bitcoin's full safety in a really decentralized and unarmed method, going past the top of Bitcoin stage (“superfine”) in just some hours.
- Transversal portability with out confidence – With tunnels, Hemi provides a technique secured by Bitcoin to maneuver the belongings between Bitcoin and Ethereum.
- Energetic programmability – The programmability options of HEMI further belongings embrace chain routing, time locking and password protector. Fuel -free switch permits an asset motion with out requiring a web3 portfolio.
“The HEMI workforce could be described in a single phrase: bold. Every little thing we realized throughout our testnet has been built-in into the Mainnet model and we’re delighted that our customers and builders create and use purposes on Bitcoin and Ethereum, “mentioned the co-founder and CTO Max Sanchez.
To search out out extra
- Web site: https://hemi.xyz
- Weblog: https://hemi.xyz/weblog/
- GitHub: https://github.com/hemilabs
- Docs: https://docs.hemi.xyz
- Discord: https://discord.gg/hemixyz
- YouTube: https://www.youtube.com/@hemilabs/
- Twitter/x: https://x.com/hemi_xyz
- Telegram (Information): https://t.me/hemi_news
- Telegram (neighborhood): https://t.me/hemi_community
About HEMI Laboratories
Hemi Labs is the creator of the HEMI community (“HEMI”), a modular layer 2 community for a scale, security and better interoperability, powered by Bitcoin and Ethereum. As a substitute of approaching Bitcoin and Ethereum as partitioned ecosystems, Hemi considers them as parts of a single supernet, unlocking new ranges of programmability, portability and potential. Hemi Labs envisages a brand new converged web ecosystem which is safe, interoperable and prepared for the various challenges of a web3 that collides with the Web. Be taught extra about https://hemi.xyz/.
