Since its launch, Hemi has rapidly accumulated TVL in its first three weeks.

As of this writing, Hemi is already solidly the number-two-ranked Bitcoin sidechain, #12 in EVM chains, and #15 overall with over $667M in TVL even after today’s selloff (Source: DeFiLlama).

Stay tuned as the team continues to onboard more ecosystem partners. 

Low-Cost Interchain Transactions

We’re proud to announce our work with Relay, aimed at enabling more affordable, faster interoperability between Bitcoin and Ethereum.

The Relay optimistic execution model offers Hemi users and developers access settlement in seconds, gas cost optimization, and seamless NFT and gas bridging while featuring a simplified architecture alongside Hemi’s already lightweight infrastructure.

Secure Bitcoin DeFi Price Feeds

Thanks to a collaboration with eOracle, trusted price feeds on Hemi can be leveraged by key projects, including Layerbank, LayerBank, Satoshi Protocol, ZeroLend, and Bima. For these projects, accurate pricing data helps to reinforce security and smart contract stability.

Hemi Will Work With eOracle to Bring Secure Price Feeds to Bitcoin DeFi

Hemi + AI

The rapid emergence of AI amplifies the need for transparent and decentralized systems to ensure data integrity and authenticity.

How does Hemi address these challenges?

Read more about decentralized AI and how Hemi creates opportunities at the intersection of DeFi and ethical AI deployments.

Midweek with Max Recap

During the April 1 edition of Midweek with Max, the spotlight fell on Hemi’s rapid growth and ecosystem expansion. 

Highlights include the milestone of surpassing $700M in TVL, the debut of the Hemibros NFT project with a soon-to-be-launched farming sim game, and a deep dive with LendOS, which is unlocking leveraged DeFi with LP-backed strategies. 

Also discussed were infrastructure updates such as snap sync for nodes and Ethereum’s Pectra upgrade, while the Hemi’s points system continues to evolve in preparation for TGE.

Replay AMA

Earn Points By Providing Liquidity for Pairs

The time is ripe to earn points by seeding new pools for HemiBTC and ETH pairs, with Steer Finance providing opportunities for HemiBTC and ETH pairs. With incentives going live soon, seeding these pools remains a solid strategy. 

Izumi Finance is gaining traction for BTC LST delta-neutral positions, offering minimized risk for exposure.

On Sushi, USDC.e/ETH continues to deliver, with yields holding at a steady 75%+ APY on most days.

More on the opportunities to accelerate leaderboard status by LP’ing.

Community Corner

This week, the Hemi community welcomed amazing guests from Hemibros and LendOS to Midweek with Max, and we had quite the turnout.

Work continues on a few major initiatives for the community, and they are as follows:

1. Adding perks to existing roles - date is TBD, but we’re getting a LOT closer.

2. Introducing the OG role (Hemithic) and unleashing it on the community - date is TBD as we workshop the criteria.
   

3. Create a building-focused community within our Hemi Discord - we are working towards a NEW Builder role AND channel, which will be for builders and by builders. We’re still finalizing a few key elements, but we hope to release news in the coming weeks.

4. NEW Builder role AND channel, which will be for builders and by builders. We’re still finalizing key elements and will release more details in the coming weeks.

Dive Deeper Into Hemi