what's hemi?
HEMI is a Bitcoin Layer 2 project developed by OG Bitcoin developer Jeff Garzik, focusing on Bitcoin DeFi with true ETH interoperability without requiring wrapped BTC or bridges.
Safe Wallet deployed on Hemi in 2025, bringing Smart Account standards to the network.
contract
ethereum
hemi
binance-smart-chain
Safe Wallet deployed on Hemi in 2025, bringing Smart Account standards to the network.
Integrated with thirdweb's x402 protocol for monetizing APIs with pay-per-call functionality.
New hemiBTC/WBTC/cbBTC liquidity pool goes live on Curve Finance with combined yields of 1.6% native, 0.6% bonus, and 160% CRV incentives.
TVL crosses $1B with inflows accelerating throughout the week.
Jumper integrates Hemi, enabling users to swap BTC into the chain to access Bitcoin-native yield, liquidity, and rate markets.
hemiBTC is now live on Stargate with LayerZero's OFT Standard, launching across six chains including Hemi's network with slippage-free cross-chain Bitcoin mobility.
HIPPO-2 economic model documentation released with first distribution batch of 0.2445 hemiBTC and 100k $HEMI for stakers between Aug 30-Oct 30. The model introduces veHEMI staking (12 days to 4 years lockup) with a 4-stage rollout including token burns, protocol-owned liquidity, decentralized voting, and dual staking features.
TVL reaches $107M with 13.38% growth over 7 days, the strongest TVL growth among major chains and top mover in DeFi rankings this week.
Hemi processed 1.2 million transactions last month, comparable to other leading BTC rollups like BOB (1.5M) and Goat Network (1.5M).
Bitcoin PT looping launches on the platform powered by Spectra through the SoleraLabs market curated by ClearstarLabs. Over $500k in liquidity is now available for looping functionality.
HEMI ranks 5th by daily volume on Aster DEX, accounting for 3% of all platform trades, compared to BTC at 5% and ETH under 1%.
Trading launches on Aster DEX with $400K in HEMI and USDT rewards available.
Ploutos deploys on Hemi to expand DeFi lending liquidity and yield opportunities.
Messari publishes comprehensive research report on the project.
Liquidity providers can earn ETH rewards through the WETH-VCRED 0.3% pool on SushiSwap V3.
gTrade announces $HEMI as one of 12 new token listings on their leverage trading platform.
Binance Square Creatorpad launches task-based campaign offering 600,000 HEMI tokens as rewards to participants.
TVL reaches $1.2B with 90+ protocols onboarded, while total funding raised stands at $30M and HTX exchange listing secured alongside previously announced Binance and Bithumb listings. Biometric points program shows 100k+ verified users.
Token experiences approximately 50% drawdown as liquidity rotates out from last week's hot coins into BTC and other assets, though potential for eventual squeeze is noted given the selloff without proper bounce.
YZi Labs led two funding rounds totaling $15M for the project, with recent price action showing correlation to ASTER token movement.
HEMI is identified as a hot coin in daily crypto market analysis, suggesting current trading momentum.
Binance Spot launches exclusive promotions offering 20M HEMI token vouchers as prizes.
Bithumb adds HEMI to its Korean won market, while the token gets integrated into a TWAP Trading Bot for efficient large-order execution. Current market cap stands at $173M.
New exchange listing enables long/short positions with 3x leverage on HyperliquidX via Rage.
An allegation surfaces that the team conducted a rug pull related to AI Agents.
The project is backed by CZ, Tether, and Paulo as venture capital supporters, according to market analysis comparing it to successful 2023 token launches.
The project achieves a $1.5B fully diluted valuation following its TGE in the Bitcoin DeFi space.
A large crypto investor reveals accumulation at specific price levels of $0.04, $0.07, and $0.09 with plans to add more capital, while also disclosing the project's backing by YZILabs and successful MonProtocol launchpool performance generating nearly $100k in value.
Price surges 200% in three weeks from TGE while experiencing extreme daily volatility with 50-100% moves and weekly swings of 3x to 10x.
The token is currently trending #2 worldwide, indicating strong social media momentum during a period when it's hitting new price highs despite overall market weakness.
Binance announces HEMI listing on September 23, 2025 at 12:00 UTC with trading pairs against USDT, USDC, BNB, FDUSD, and TRY, alongside a HODLer Airdrop for BNB holders.
HEMI demonstrates relative strength during market-wide dip caused by Token2049 anticipation.
Mega whales are accumulating tokens vertically, driving a 75% price increase on low Sunday volume.
Market cap increases to $40M from previous $32M with recent 80% price appreciation.
The protocol has integrated with over 50 DeFi protocols, and detailed founder background emerges showing the founder is a Bitcoin OG who worked directly with Satoshi in Bitcoin's early days and previously donated over $1B worth of Bitcoin for development funding.
TVL increases to $1.2B from previous $751M and potential AsterDEX exchange listing mentioned.
Binance investment amount specified at $30M with current market cap at $32M, suggesting significant undervaluation relative to major investor backing.
Co-founder presents at major TOKEN2049 industry conference discussing Bitcoin as programmable capital and yield-generating asset class.
On-chain activity reaches new highs with 769K transactions ATH and 16,111 new active addresses in a single day, while TVL stands at $751M on DefiLlama.
Binance pre-sale oversubscribed by 400x with the project leading Bitcoin L2 TVL and showing strong address and contract growth.
Full reimbursement plus mainnet points available for February validator passport sale participants via Genesis Drop portal
$15M funding round secured for Layer 2 and BTCFi development
$5M funding round secured for Layer 2 BTCFi development
Binance Alpha launches with Bitcoin programmability features now live on mainnet.
Binance listing announced with LiquidX and Mon Protocol revealed as strategic partners.
Spectra integration drives $20.7M trading volume and 27.4K wallet interactions, offering highest fixed-rate Bitcoin yields.
Perpetual futures market opens for HEMI/USDT pair.
Genesis drop claim checker launches for token eligibility verification.
HemiBTC/USDC.e trading pair offers 200%+ native APR yield with direct BTC chain withdrawal capability.
New Proof-of-Proof system locks tokens through validator competition, creating structural demand while providing predictable yield.
Raises $15M in fresh funding ahead of planned TGE, total funding reaches $30M.
Funding round leadership differs from earlier reports: Republic, YZI Labs, and HyperchainC identified as lead investors of $15M raise.
Pre-TGE transactions occurring in every Binance chain block for past hour, indicating extraordinary demand.
$15M funding round led by Binance Labs completed, with notable blockchain developer Jeff Garzik joining the team.
Pre-TGE launches August 22 with 200M HEMI tokens available through Binance Wallet, requiring Alpha Points for participation.
VCRED/USDC market offering 10%+ APY native yield without incentives
MAX token launches with ETH-pegged mechanism: 10,000 MAX = 0.01 ETH target ratio.
New VUSD-ETH liquidity pool live on SushiSwap offering 35%+ APY on Ethereum mainnet.
TVL reaches $1.2B+ while TGE qualification opens through asset staking and platform engagement via points system and referrals.
TVL surpasses $1B with major institutional backing via $15.6M Binance Labs funding, while launching native Bitcoin bridge and EVM compatibility.
$10K token distribution live on YapdotMarket with multiple reward campaigns for top participants.
Project operates without utility tokens, partnering with Bloq Inc. to build pure systems.
Two major technical upgrades announced: Pectra upgrade and BitVM Vaults V2 in development pipeline.
Native BTC-backed stablecoin goes live as TVL surpasses $909M with 10,630+ deployed contracts.
New Merkl incentive campaign offers USDC rewards for LP providers.
PerpStreet trading platform activates on network.
Core Bitcoin developer Jeff Garzik signals institutional investment flow into L2 ecosystem
Active trading competition on Satori Finance shows low participation with bottom trader at 30k volume; 13 days remaining with potential future benefits for participants.
Full Bitcoin node runs inside EVM virtual machine, enabling direct Solidity development with native BTC without wrapping or bridges.
New ambassador program launches with tiered roles and airdrop incentives through Guild platform.
New virtual machine (hVM) enables direct BTC-ETH bridging through dual vault system secured by BitVM and multisig technology.
Token launches in June with potential Binance listing due to previous Binance Labs seed investment.
Rabby Wallet adds chain integration, expanding user access points.
Chain integration completed with support for seven protocols including Uniswap.
Protocol enters top 10 EVM chains by TVL.
Active yield farming generates $415k bfBTC exposure from 0.1 hemiBTC, supported by $20M pool liquidity.
Layer-2 network leads Bitcoin L2s with $287M TVL in staking and $1B+ total TVL across top protocols.
Protocol reaches $777M TVL, leading the Bitcoin sidechains category.
Token Generation Event scheduled for Q2-Q3 2025.
Mainnet launch enables PoP mining with ETH-based point rewards and Bitcoin-anchored security.
Going live on SushiSwap with AMA scheduled for tomorrow.
Launched mainnet on March 12, reaching over $400M in TLV. Focuses on bridging BTC and ETH interoperability.
Launched mainnet on March 12, focused on egETH deposits. Integrates with EigenLayer.
Validator Passport Sale update: Private sale extended, public sale postponed. IDIA stakers purchase period ends Feb 6, 2025, 2 PM UTC.