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A modular protocol that unifies Bitcoin's security with Ethereum's programmability
We’re excited to announce that Sushi is live on Hemi as its first decentralized exchange (DEX)! With Hemi’s cutting-edge modular infrastructure built on the power of Bitcoin and Ethereum, Sushi users will be able to trade and provide liquidity (LP) on v3 pools on Hemi directly through Sushi’s UI when Hemi goes mainnet.
What is Hemi?
Hemi is a cutting-edge modular protocol that integrates the strengths of both Bitcoin and Ethereum, enhancing scalability, security, and interoperability. By treating Bitcoin and Ethereum as components of a unified "supernetwork," Hemi delivers unparalleled security—surpassing even Bitcoin’s finality—while unlocking new possibilities for decentralized applications.
Introduced in July of this year, Hemi announced a $15 million seed round last September, led by Binance Labs, Breyer Capital. During its present testnet phase, Hemi is already gaining impressive traction with more than 250,000 miners testing its “Proof-of-Proof” security protocol.
Key Features of Hemi:
One Unified Network: Hemi combines Bitcoin and Ethereum as a supernetwork thanks to the Hemi Virtual Machine (hVM), offering seamless interoperability.
“Superfinal” Security: Hemi’s Proof-of-Proof consensus protocol uses Bitcoin’s Proof-of-Work to achieve “superfinality,” or a level of security that exceeds that of Bitcoin over time.
Build with Familiar Tools: No need for new languages or frameworks—access Bitcoin data easily as well as Ethereum thanks to the Hemi Bitcoin Kit (hBK).
Elevating Both Networks: Hemi allows users and developers to access the best of what Web3 has to offer. The result? Better applications for everyone. 🚀
Sushi x Hemi: Swap on the Supernetwork
By deploying on Hemi, Sushi is unlocking new DeFi opportunities on a network that merges Ethereum’s liquidity and flexibility with Bitcoin’s unmatched security. Sushi users will soon be able to:
Swap assets seamlessly with Sushi’s V3 AMM on Hemi. Initial pairs available including ETH/USDC, ETH/hemiBTC, VUSD/USDC, ETH/VUSD and WBTC/ETH.
Provide liquidity on Hemi’s decentralized network and earn rewards.
Explore a new wave of DeFi innovation built on a scalable, secure foundation.
With Sushi as the first DEX on Hemi, this integration marks a significant milestone in expanding DeFi beyond EVM chains and bridging liquidity between Ethereum and Bitcoin-powered networks.
