Hemi TVL Breaks $650 Million

Over $200 million in additional TVL has surged into Hemi, pushing the total beyond $650 million!

This means that in just over two weeks since mainnet launch, Hemi is already #2 in DeFi Llama’s “Bitcoin Sidechains” rankings.

This influx of liquidity will fuel trading, borrowing, staking, and yield farming for key assets across the Bitcoin and Ethereum ecosystems. 

Here’s a breakdown of the key assets, with the links to the Hemi explorer:

• 3,361.226 rsETH – KelpDAO

• 600,002 uBTC – BSquared Network

• 975.007 enzoBTC – Lorenzo

• 1,411.375 iBTC – exSat Network

• 675 brBTC – Bedrock

• 400.1 suBTYC – Sumer

• 210.82 uniBTC – Bedrock

• 25.909 Bridged egETH – Eigenpie

• 1,000.316 Liquid Staked mBTC – Magpie

• 1,000 NBTC – Matrixport

Rack Up Hemi Points with DeFi Rewards

Hemi Points reward you for staking, providing liquidity, and minting stablecoins. Earn 1 point per dollar provided on partnered DEXs like Sushi, DODO, iZUMi, and Oku, with multipliers on key pairs. Stake core assets for 0.5 points per dollar daily, or boost rewards with 2x multipliers on select assets like hemiBTC and egETH. More earning opportunities are coming soon.

Learn more.

Decentralized AI for DeFi Agents

Hemi is working with Allora Network to integrate decentralized, AI-powered price prediction into the Hemi ecosystem. This gives developers and users access to reliable BTC and ETH price feeds generated by Allora’s self-improving collective intelligence network.

More.

Midweek with Max Recap

Midweek with Max hit a new attendance record, packed with updates on Hemi’s tech, incentives, and token plans. This week’s special guest, Filip from Redstone, shared how their push-model oracles now secure over $9B in value and fully support Hemi, while Max confirmed SnapSync is coming to hVM for faster node setup. Mainnet incentives have shifted, with higher multipliers for LPs, and pop mining is live with dynamic rewards coming soon.

Watch the replay.

Community Updates

After an absolutely packed (and possibly longest-ever) Midweek with Max, the community voted to add a weekly Community AMA right after the show.

On a more ridiculous note, huge congrats to @Foxstar and @alix | $HAIR for being the first to unlock the legendary “RapGod” role. The community is still waiting on Max to earn his spot.

User-generated content is booming, from solid instructional videos to top-tier memes, and more Hemigos/Hemigas are picking up the BASED (memes) and Content Creator roles. The team is working on adding perks to make these even better.

Speaking of the BASED role…

Work continues on the OG Role, an engineering focused AMA, and even more partners joining us weekly for MwM. 

This week on Midweek with Max, our top-of-the-hour guests will be LendOS and HemiBros. 

Meanwhile, as the Hemi ecosystem expands, here’s some emerging signals we’re keeping an eye on:

An update from TimonFun…

And then we have Bro Town, an upcoming Stardew-Valley-like game teased by the Hemi Bros team:

Dive Deeper Into Hemi