Hemi Launches Mainnet With $440M TVL, Unifying Bitcoin and Ethereum in a New DeFi Supernetwork

Hemi has launched its mainnet, positioning itself as a significant player in the decentralized finance (DeFi) space by securing over $440 million in total value locked (TVL) and partnering with more than 50 ecosystem protocols. Founded by early Bitcoin developer Jeff Garzik, Hemi aims to unify Bitcoin and Ethereum into a single supernetwork, enhancing scalability, security, and interoperability. The platform will support a wide range of DeFi applications, including decentralized exchanges, lending protocols, and vaults, while also offering users the ability to earn rewards through its staking protocol without lockup periods. Hemi’s approach integrates a full Bitcoin node within an Ethereum Virtual Machine, allowing developers to create applications that leverage the strengths of both blockchains.

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