Hemi is a modular blockchain layer that combines Bitcoin’s security with Ethereum‑style programmability, letting developers build DeFi and cross‑chain apps with direct Bitcoin integration.
Its native token HEMI saw explosive early growth, rallying over 400‑500% around listings like Binance and new ecosystem interest, though it has since pulled back from all‑time highs as speculative demand cools.
Major recent developments include a $15M growth funding round (bringing total funding to ~$30M) with participation from YZi Labs and other top investors, and integrations with key partners like Infura and Dominari Securities, signaling institutional interest in Bitcoin‑DeFi infrastructure.
Hemi’s Phase 1 economic model now rewards veHEMI stakers from protocol fees and implements fee burns, aiming to align long‑term incentives and liquidity growth.
Price momentum remains tied to ecosystem adoption narratives and broader crypto market sentiment, so volatility should be expected.
