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Hemi was founded by Jeff Garzik and Max Sanchez. The project raised $15 million in a funding round led by Binance Labs, now rebranded as YZI Labs, in September 2025.
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"The project raised $15 million in a funding round led by Binance Labs last September."
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"The project raised $15 million in a funding round led by Binance Labs last September."
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"$270 million of this total appeared on Hemi’s staking platform within three days of its pre-mainnet launch, which enables users to earn BTC, ETH, and stablecoin rewards"
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"$270 million of this total appeared on Hemi’s staking platform within three days of its pre-mainnet launch, which enables users to earn BTC, ETH, and stablecoin rewards"
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Hemi's mainnet launch has attracted over 50 ecosystem partners, including Sushi, pumpBTC, RedStone and Pyth.
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Hemi Launches Mainnet With $440M TVL, Unifying Bitcoin and Ethereum in a New DeFi Supernetwork
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"Hemi instead approaches Bitcoin and Ethereum as components of a larger supernetwork. This surfaces the key capabilities of both networks and, in turn, enables a new class of previously unattainable blockchain applications."
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"Hemi instead approaches Bitcoin and Ethereum as components of a larger supernetwork. This surfaces the key capabilities of both networks and, in turn, enables a new class of previously unattainable blockchain applications."
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Modular blockchain network Hemi has launched its mainnet
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"Over fifty protocols will be deployed on Hemi, including decentralized exchanges (e.g., Sushi, DODO, Izumi), lending protocols (e.g., LayerBank, ZeroLend), vaults (e.g., Nucleus, Concrete, VaultCraft), top LSTs and LRTs (e.g., Kelp, pumpBTC, StakeStone), oracles (e.g., RedStone, Pyth, Stork), and key dApps (e.g., LayerZero, Pell, BitFi)."
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"Over fifty protocols will be deployed on Hemi, including decentralized exchanges (e.g., Sushi, DODO, Izumi), lending protocols (e.g., LayerBank, ZeroLend), vaults (e.g., Nucleus, Concrete, VaultCraft), top LSTs and LRTs (e.g., Kelp, pumpBTC, StakeStone), oracles (e.g., RedStone, Pyth, Stork), and key dApps (e.g., LayerZero, Pell, BitFi)."
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Hemi launched its mainnet
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"Trustless Cross-Chain Portability — With Tunnels, Hemi offers a Bitcoin-secured method for moving assets between Bitcoin and Ethereum."
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"Trustless Cross-Chain Portability — With Tunnels, Hemi offers a Bitcoin-secured method for moving assets between Bitcoin and Ethereum."
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"Hemi is built on both Bitcoin and Ethereum to combine the best qualities of both, taking advantage of Bitcoin's security and Ethereum's programmability."
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"Hemi is built on both Bitcoin and Ethereum to combine the best qualities of both, taking advantage of Bitcoin's security and Ethereum's programmability."
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"Hemi’s approach integrates a full Bitcoin node within an Ethereum Virtual Machine, allowing developers to create applications that leverage the strengths of both blockchains."
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"Hemi’s approach integrates a full Bitcoin node within an Ethereum Virtual Machine, allowing developers to create applications that leverage the strengths of both blockchains."
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"The Hemi Virtual Machine (hVM) integrates a full Bitcoin node within an Ethereum Virtual Machine (EVM), enabling developers to harness the power of both Bitcoin and Ethereum using familiar and proven development tools."
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"The Hemi Virtual Machine (hVM) integrates a full Bitcoin node within an Ethereum Virtual Machine (EVM), enabling developers to harness the power of both Bitcoin and Ethereum using familiar and proven development tools."
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Hemi Mainnet Launches with Over $440M TVL, 50+ Ecosystem Partners, and a Surge of Incoming Liquidity Commitments
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Hemi’s goal of unifying Bitcoin and Ethereum seeks to create a more connected and efficient DeFi ecosystem, enabling seamless cross-chain transactions and increased liquidity.
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Hemi has secured $271 million with its staking protocol allowing users to earn BTC, ETH and stablecoin rewards.
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"In particular, Hemi’s DeFi ecosystem has a strong focus on providing liquidity and yield opportunities for many of the most popular liquid staking tokens (LSTs) and liquid restaking tokens (LRTs) from the Bitcoin and Ethereum ecosystems."
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"In particular, Hemi’s DeFi ecosystem has a strong focus on providing liquidity and yield opportunities for many of the most popular liquid staking tokens (LSTs) and liquid restaking tokens (LRTs) from the Bitcoin and Ethereum ecosystems."
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Binance Labs-Backed Network Hemi Debuts $440M Mainnet to 'Unify' Bitcoin, Ethereum
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