Hemi Mainnet launch on March 12, joining the ecosystems of Bitcoin and Ethereum in a single Supernetwork

(Press statement – Chicago, Illinois, February 25, 2025)

The powerful impulse continues after a record test phase, more than $ 300 million in total blocked value (TVL) and dozens of ecosystem launch partners.

HemiA modular block chain network promoted by bitcoin and ethereum, announced today that it will launch its Netnet on March 12, 2025.

Key facts

• When launching its Netnet on March 12, Hemi is a modular block chain network designed for upper scale, security and interoperability, unifying bitcoin and ethereum as a single Supernetwork.
• More than fifty protocols They will be deployed in hemi, including decentralized exchanges (eg, sushi, dodo, izumi), loan protocols (eg, layerbank, zerolend), vaults (eg, stakestone), oracles (for example , Redstone, Pyth, stork) and key dapps (for example, Layerzero, Pell, Bitfi).
• Hemi has already attracted more than $ 300 million blocked total value (TVL) and announced <a target="_blank" href="https://hemi.xyz/blog/hemi-labs-raises-15-million-to-launch-advanced-modular-blockchain-network-powered-by-bitcoin-and-ethereum/” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>A $ 15 million seed round In September 2024, led by Binance Labs, Breyer Capital and Big Brain Holdings.
• HEMI was founded by the famous bitcoin developer Jeff Garzik and Blockchain Max Sánchez security pioneer.

The transition from Testnet to Mainnet is an important mile ecosystem of dozen protocols. This positions Hemi as a vital infrastructure layer for decentralized finances through bitcoin and ethereum, which allows innovation and scalability throughout the blockchain space.

Through the protocols offered by the collaborators of the Ecosystem of Day one of HEMI, users may:

• Create applications which are both bitcoin and ethereum;
• Participate in the provision of loans and liquidity of DEX, or assign funds to specialized vault products;
• Perpetual trade;
• stake and rest popular tokens btc and eth;
• borrow and exchange chips; and
• Create synthetic assets.

In particular, HEMI's defi ecosystem has a strong approach in providing liquidity and performance opportunities for many of the most popular liquid tokes (LST) and liquid rest tokens (LRT) of bitcoin and ethereum ecosystems.

“Just over six months after introducing our encouraged testnet, HEMI has demonstrated its resistance and capacity as a powerful network to advance blockchain applications in bitcoin and ethereum,” said Jeff Garzik, hemi co -founder.

“The HEMI team has a clear and convincing vision to unlock the programability, portability and the potential of web3,” said Ted Breyer, a Breyer Capital partner. “With a distinguished history, they are uniquely positioned to deliver.”

A layer 2 from a different point of view

Attempts to integrate and climb bitcoin and ethereum have tended to address the problem within their respective communities, resulting in a fractured ecosystem. Instead, Hemi approaches bitcoin and ethereum as components of a larger supernetwork. This appears in the key capacities of both networks and, in turn, allows a new kind of previously unattainable blockchain applications.

HEMI's benefits include:

• bitcoin and ethereum Unifier – The Virtual Machine (HVM) HEMI integrates a complete bitcoin node within an ethereum virtual machine (EVM), which allows developers to take advantage of the power of bitcoin and ethereum using family and proven development tools.
• <a target="_blank" href="https://hemi.xyz/blog/how-to-use-the-hemi-bitcoin-kit-hbk/” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>bitcoin programability – Building with the Hemi bitcoin Kit (HBK) provides developers from direct access to highly granular views of the state of bitcoin, unlocking new applications that were not practical or impossible to execute in a truly reliable, safe and efficient way.
• <a target="_blank" href="https://hemi.xyz/blog/bitcoin-security-inheritance-proof-of-proof-vs-merged-mining/” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>Superfinality – Through its Pop consensus protocol, HEMI inherits bitcoin's complete security in a truly decentralized and without permission, exceeding the purpose of bitcoin (“superfinality”) in just a few hours.
• Cross chain portability without trust – With tunnels, HEMI offers a safe bitcoin method to move active between bitcoin and ethereum.
• Assets programmability – Additional HEMI asset programmability characteristics include routing in the chain, time block and password protection. Transfer without gas allows asset movement without requiring a web wallet.

“The HEMI team can be described in a word: ambitious. Everything we learned during our testnet has been embedded in the Mainnet version and we are excited that our users and developers build and use applications in bitcoin and ethereum, “said Co -founder and CTO Max Sanchez.

About hemi labs

HEMI LABS He is the creator of the HEMI network (“HEMI”), a modular layer 2 network for upper scale, security and interoperability, fed by bitcoin and ethereum. Instead of approaching bitcoin and ethereum as isolated ecosystems, Hemi sees them as components of a single Supernetwork, which unlocks new levels of programability, portability and potential. HEMI LABS visualizes a new convergent Internet ecosystem that is safe, interoperable and ready for the many challenges of a web3 that is imminently colliding with the Internet in general.

Users can learn more in https://hemi.xyz/.

<!– ai CONTENT END 1 –>