#Binance
ATTENTION: Hemi allows developers to build $BTC secured loans, DEXs, stablecoins, and other financial products all with the robust programmability and mature tools of Ethereum. With Bitcoin PoW ensuring long-term finality and leveraging Ethereum for data availability, Hemi offers a dual-consensus model that guarantees both trust and flexibility. It is a system designed not only to 'Ethereumize' Bitcoin but to unlock Bitcoin's capital utility in a way that respects and complements its fundamental principles.
The market response to the launch of Hemi has been extremely positive. In three weeks, Hemi's TVL on the mainnet reached an impressive value of $800 million, an increase of approximately 16x compared to the pre-launch staking campaign. This level of traction represents both technical interest and the growing confidence of institutional players and end-users seeking a viable and decentralized alternative to custodial wrapped BTC models. In other words, there is substantial and measurable demand for a native Bitcoin-DeFi layer. #BTC #ETH #DeFi!