Hemi $HEMI will be listed on BingX Exchange Pair With HEMI/USDT on August 29th, 2025 at 04:00 (UTC)
What is HEMI?
Hemi Listing — a name you should remember when thinking of new crypto. Hemi connects Bitcoin and Ethereum safely and smartly. Right now, Hemi is live on BingX Exchange!
This article will explain:
What Hemi is
Why it matters
Its special features
Roadmap (past and future plans)
Tokenomics (token details)
Team and fundraising
Listing information under Cross The Ages (as requested)
How you can take part
All in simple and clear words.
What is Hemi–Hemi Details
Hemi is a new type of blockchain network. It is called a modular Layer-2 (L2).
The hVM puts a Bitcoin node inside an Ethereum-style smart contract system.
This means developers can build apps that use Bitcoin safely and easily.
Who built it?
Jeff Garzik – an early Bitcoin developer and ex-Red Hat engineer.
Max Sanchez – inventor of Proof-of-Proof (PoP).
Hemi’s Goal:
How Hemi Will Benefit the Crypto Space
Hemi helps the crypto world by:
Bringing Bitcoin to DeFi: Instead of sitting idle, Bitcoin can now earn rewards, be lent, borrowed, and traded.
Safe Transfers: Hemi uses trustless tunnels (not risky bridges). This means Bitcoin and Ethereum can move safely without third parties.
Proof-of-Proof Security: Hemi locks into Bitcoin’s strong security and gives fast, final confirmation of transactions.
User Safety: Unlike centralized exchanges, users keep control of their funds while using DeFi.
In short: Hemi makes Bitcoin smarter, safer, and more useful.
Hemi Features
Hemi brings strong tools and new tech:
hVM (Hemi Virtual Machine): Works like Ethereum’s EVM, but has a Bitcoin node inside. This lets smart contracts read Bitcoin’s state directly.
hBK (Hemi Bitcoin Kit): A developer toolkit that helps people build Bitcoin-aware apps faster.
Proof-of-Proof (PoP): Connects Hemi’s network to Bitcoin’s security, with near-instant finality.
Trustless Tunnels: Secure and direct paths for Bitcoin, Hemi, and Ethereum transfers without bridges or middlemen.
Here’s what Hemi has done and what’s coming:
Validator Passport Sale (Early 2025):
Node licenses (called Validator Passports) were sold on Impossible Finance.
These allow people to run nodes and earn rewards.
Testnet & Mainnet:
Testnet ran first. Users who joined got points and possible airdrops.
Mainnet went live around March 2025.
Funds Raised:
By Aug 26, 2025, Hemi raised $15M in a strategic round before token launch.
Developer Ecosystem:
In 2025, Hemi added programmability, tunnels, scaling, and more.
So far, Hemi is growing fast and building a strong base.
Hemi Whitepaper
Hemi’s whitepaper explains things clearly:
How embedding a Bitcoin node in an EVM makes Bitcoin programmable.
How Proof-of-Proof connects Hemi to Bitcoin for security.
How tunnels let assets move across Bitcoin and Ethereum safely.
How Hemi achieves security + speed + interoperability.
This shows that Hemi is built on strong ideas.
Hemi Tokenomics
Total Supply: 10 billion HEMI tokens.
Use Cases:
Gas and network fees
Staking and governance via veHEMI
Incentives, liquidity mining, developer rewards
Paying for security, cross-chain actions, and sequencers
Token Launch: Circulation started at 0 tokens and grows to 10B over time.
Early Node Sale (Feb 3–6, 2025): Raised about $599K on Impossible Finance.
Hemi Team
Hemi has a strong and trusted team:
Jeff Garzik: Co-founder & Principal Engineer; early Bitcoin Core developer.
Max Sanchez: Lead Architect; co-inventor of PoP.
John Vernaleo, Ph.D.: Lead Engineer.
Marco Peereboom: Principal Engineer.
This team brings experience from Bitcoin, security, and open-source work.
Hemi Fundraising
Node Sale (Feb 3–6, 2025): ~$599K.
Growth Round (Aug 26, 2025): $15M led by YZi Labs (Binance Labs), Republic Digital, HyperChain Capital, and more.
Total Raised: Around $30.6M.
This funding gives Hemi a strong push for adoption and growth.
Cross The Ages – Listing Details
(As requested, this section uses the heading Cross The Ages Listing details though it refers to Hemi’s BingX listing.)
Start Date: August 29, 2025, 04:00 UTC — first exchange listing live.
End Date: No special campaign; trading is live.
Platform: BingX Exchange (spot trading). Pre-TGE event was on Binance Wallet.
Accepted Currency (Pre-TGE): BNB (up to 3 BNB per user).
Rate: $0.0015 per HEMI token.
How to Participate or Buy Tokens
On Binance Wallet Pre-TGE (Aug 22, 2025):
Use Binance Wallet (Keyless) with enough Alpha Points.
Deposit up to 3 BNB (12:00–14:00 UTC).
Hemi ($HEMI) is gearing up for another major exchange listing! Get ready to trade and be part of the thrilling $HEMI journey.