Hemi TVL at $265 Million, Pre-mainnet

In today’s news, we’re proud to announce that Hemi has accumulated $265 million in TVL ahead of our mainnet launch. 

Just check the Hemi Explorer, which shows the following assets already transferred:

• 1,411 iBTC

• 300 uBTC

• 975 enzoBTC

• 3,207 rsETH

That’s $265 million in total value locked (TVL) as of this morning, contributed through multiple protocols including exSat, Kelp, B2, and Lorenzo.

This liquidity will fuel Hemi’s DEXes and lending protocols, ensuring trading, borrowing, staking, and yield farming are ready on Day One—bridging Bitcoin and Ethereum like never before.

Such momentum reflects strong confidence in Hemi’s cross-chain approach, cementing its place among major L2s ahead of its anticipated Q1-2025 mainnet launch.

And this is just the beginning. Dozens of protocols have already committed to building on Hemi, with many more on the way.

Follow us on X for real-time updates as we approach mainnet. We’re also going to be at Consensus HK next week, as well as Bitcoin Investor Week and ETH Denver the week following. Hit “Reply” if you want to meet!

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