gHemi,
The Bitcoin DeFi thesis I couldn’t ignore: $HEMI | @hemi_xyz
As a researcher, I’ve read many whitepapers but $HEMI made me stop and re-read it three times.
Why?
Because it doesn’t just offer Bitcoin DeFi like everyone else. It proposes a paradigm shift: BTC that is #DeFi.
We’ve seen attempts before: $WBTC, $tBTC, $renBTC...But they all come with a cost: custodians, trust assumptions, systemic risks.
You trade the very thing that made Bitcoin valuable, decentralization for convenience.
Hemi flips the script.
▫️ No custodians
▫️ No wrapped assets
▫️ No bridges
▫️ Every transaction finalizes on Bitcoin via Proof-of-Proof (PoP)
▫️ Programmable BTC via hVM (a Bitcoin node inside an EVM)
▫️ Fully on-chain, redeemable, and composable
→ Instead of “bringing BTC into DeFi”, Hemi makes BTC natively do #DeFi.
Some numbers that caught my attention:
– $909M+ TVL
– 2.98M+ transactions
– 10,630+ contracts deployed
– Native BTC-backed stablecoin live
– Supports both Solidity + Rust for builders
Why does this matter?
Most so-called "Bitcoin L2s" are repackaged versions of older tech, bolted on with buzzwords. They rely on Ethereum-style infrastructure, or worse centralized custody. Bitcoin becomes a sidekick in its own story.
@hemi_xyz is different.
▫️ Modular rollups that plug directly into Bitcoin security
▫️ hVM allows BTC programmability from within smart contracts
▫️ Native, trustless integration without breaking what makes Bitcoin special
My personal take:
1/ If you thought “Bitcoin can’t do DeFi,” you probably haven’t looked at Hemi.
2/ If you believe BTC is just for holding, maybe it’s time to consider staking it.
3/ And if you’re skipping $HEMI because it isn’t trending on X yet, you might be ignoring the real infrastructure layer of Bitcoin DeFi.
This time, it's not hype. It’s happening.