This Week:

  • Need to Know DeFi Ecosystem Shifts

  • This Week in Hemi: Protocol Updates, New Partnership, and More

  • Community Spotlight

  • This Week’s Hemi Yield Opportunities

Scroll to the bottom for the answer.

Q: What was the first decentralized exchange to surpass $1 trillion in cumulative trading volume?

SEC Temporarily Delays Tokenized Stock Rollout

Almost immediately after reports surfaced, follow-up reporting indicated the SEC slowed the rollout after concerns from traditional exchanges and market structure participants. The hesitation highlights how disruptive tokenized equities could become to legacy settlement infrastructure and centralized exchange dominance. Even with the delay, the conversation itself marks a major shift in U.S. regulatory posture toward DeFi-integrated financial markets.

ECB Pushes Against Stablecoin Expansion In Europe

The European Central Bank publicly opposed proposals to aggressively expand euro stablecoins, warning they could destabilize bank funding and complicate monetary policy. The debate highlights how stablecoins are increasingly viewed as macroeconomic infrastructure rather than speculative crypto products. It also underscores growing geopolitical tension around dollar-denominated stablecoin dominance in global markets.

Standard Chartered Calls $4 Trillion In DeFi Expansion

Standard Chartered projected tokenized real world assets could surpass $4 trillion by 2028, with DeFi positioned as core infrastructure for settlement, liquidity, and composability. The report argued that tokenized treasurys, funds, equities, and stablecoins increasingly benefit from shared blockchain liquidity and programmable finance primitives that traditional systems cannot easily replicate.

opereth Transition Advances Toward June Beta

Hemi’s transition from opgeth to opereth continues progressing as the engineering team moves Hemi-specific infrastructure into the Rust-based Reth ecosystem. The migration is partly driven by Optimism’s upstream deprecation of opgeth, but it also unlocks broader ZK provability goals by integrating more directly with existing proving infrastructure for EVM state transitions.

Oxygen Indexer and New hVM Features Expanding

Additional details were shared around the upcoming Oxygen Bitcoin indexer integration, Hemi’s Rust-based Bitcoin indexing system designed specifically for ZK-focused workflows. Future protocol upgrades tied to the opereth transition are expected to introduce new hVM precompiles alongside additional infrastructure improvements aimed at expanding Bitcoin programmability on Hemi.

Hemi To Expand Builder and Engineering Resources

Hemi is increasing its focus on developer onboarding through new builder initiatives, engineering office hours, and expanded educational resources around hVM and hBitVM development. Plans are underway to improve documentation, examples, and community-driven experimentation.

Accountable's Data Verification Network powers continuous Proof of Solvency for hemiBTC, with a live dashboard showing collateral ratio and reserves in real time.

Built on Hemi streamed live at this Friday, May 22 at 12:00 PM PDT, 3 PM EDT, 7 PM UTC, with Hemi’s Marketing Director Jeremy Nation joined by BitFi cofounder Chelsea Zhang to discuss BitFi’s platform, the DeFi ecosystem, and more.

While serving as a vibrant hub for the community, Hemi’s Discord is also where you can collaborate with other builders and share you Hemi related projects. To facilitate this, we’ve introduced the new Projects Channel in the Official Hemi Discord.

Please note: All projects shared in the Projects channel are built by the community. Take precautions when interacting with external apps or smart contracts, and report any suspicious or malicious applications.

This week's Midweek with Max covered opreth and MinerFi updates, as well as the cool stuff you can build on Bitcoin with Hemi.

Catch the full recap.

Join Hemi’s Discord to send questions for Max ahead of next week’s AMA.

Building something cool? Need help? Join Hemi’s Engineering Team’s in Discord for Office Hours. These Q&A sessions shift to accommodate those in other timezones. The next one is set for next week on Wednesday at 4PM PDT, 7PM EDT, 23:00 UTC.

The Hemi Engineering Team returns next week for another AMA on hBitVM. Catch the broadcast live on Thursday, May 28, at 6 AM PDT, 9 AM EDT, 13:00 UTC.

Streaming on X, YouTube, and LinkedIn.

Pool

APY/APR*

Asset

Begin Earning

SushiSwapV3 HEMI-USDC.e

22.81%

HEMI, USDC.e

SushiSwapV3 cbBTC-HEMI

38.48%

cbBTC, HEMI

Pure BTC-based Yield Opportunities

Pool

APY/APR*

Asset

Begin Earning

SushiSwapV3: HEMI-hemiBTC

24.82%

HEMI, hemiBTC

Lagoon:
Deposit hemiBTC

3.26%

HEMI, hemiBTC

*APY/APR varies by strategy, custody jurisdiction, and market conditions.

A: Uniswap became the first decentralized exchange to surpass $1 trillion in cumulative trading volume in 2022.

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