**Exciting News from Chicago: Hemi’s Mainnet Launch on March 12, 2025!**
Chicago, Illinois, February 25th, 2025, Chainwire – The momentum is truly remarkable following a record-breaking testnet phase, which has seen over $300 million in total value locked (TVL) and numerous ecosystem launch partners. Hemi, a modular blockchain network that harnesses the power of Bitcoin and Ethereum, is thrilled to announce its mainnet launch set for March 12, 2025.
**Key Highlights**
As Hemi prepares to launch its mainnet on March 12, it stands out as a modular blockchain network crafted for exceptional scaling, security, and interoperability, effectively merging Bitcoin and Ethereum into a unified supernetwork. More than fifty protocols are set to be deployed on Hemi, including popular decentralized exchanges like Sushi, DODO, and Izumi, lending protocols such as LayerBank and ZeroLend, vaults like Nucleus and Concrete, leading liquid staking tokens (LSTs) and liquid restaking tokens (LRTs) including Kelp and pumpBTC, oracles like RedStone and Pyth, and essential dApps such as LayerZero and Pell.
Hemi has already garnered over $300 million in Total Value Locked (TVL) and successfully completed a $15 million seed funding round in September 2024, led by notable investors including Binance Labs, Breyer Capital, and Big Brain Holdings. Founded by the esteemed early Bitcoin developer Jeff Garzik and blockchain security innovator Max Sanchez, Hemi’s transition from testnet to mainnet marks a significant milestone. This achievement positions Hemi as a crucial infrastructure layer for decentralized finance across both Bitcoin and Ethereum, fostering innovation and scalability within the blockchain landscape.
With the support of Hemi’s early Day One ecosystem partners, users will have the opportunity to: create applications that are aware of both Bitcoin and Ethereum; engage in lending and provide liquidity on decentralized exchanges; invest in specialized vault products; trade perpetual contracts; stake and restake popular BTC and ETH tokens; borrow and swap tokens; and even create synthetic assets. Hemi’s DeFi ecosystem is particularly focused on delivering liquidity and yield opportunities for many of the most sought-after liquid staking tokens (LSTs) and liquid restaking tokens (LRTs) from the Bitcoin and Ethereum ecosystems.
“Just over six months after launching our incentivized testnet, Hemi has proven its resilience and capability as a robust network for advancing blockchain applications across Bitcoin and Ethereum,” shared Jeff Garzik, co-founder of Hemi. “The Hemi team has a clear and inspiring vision for unlocking the programmability, portability, and potential of Web3,” added Ted Breyer, partner at Breyer Capital. “With their impressive track record, they are uniquely positioned to make a significant impact.”
**A Fresh Perspective on Layer-2 Solutions**
While many attempts to integrate and scale Bitcoin and Ethereum have focused on their individual communities, Hemi takes a different approach by viewing Bitcoin and Ethereum as integral parts of a larger supernetwork. This innovative perspective aims to create a more cohesive and collaborative ecosystem for all users.
