Hemi is a modular Layer 2 blockchain protocol designed to bridge the gap between the Bitcoin and Ethereum ecosystems. It functions as a “super network” that enables seamless interoperability between these two major blockchains. Built with scalability, security, and composability in mind, Hemi combines Ethereum Virtual Machine (EVM) compatibility with Bitcoin-native assets. The network is powered by its native token, HEMI.  

Hemi (HEMI) was founded by a team of blockchain engineers and researchers from leading Web3 organizations. Notable individuals include Jeff Garzik and Maxwell Sanchez.

• HEMI token: The HEMI token is used for staking, paying gas fees, governance decisions, and ecosystem rewards.

• Proof of Proof (PoP) consensus: Instead of relying solely on its own validators, Hemi uses a novel Proof of Proof mechanism, anchoring snapshots of its blockchain state directly onto Bitcoin for enhanced security and transparency.

• Modular Layer 2 design: Hemi is built as a modular Layer 2 protocol that connects Bitcoin and Ethereum, allowing seamless interoperability between the two largest blockchain ecosystems.

• Developer-friendly infrastructure: Hemi offers tooling and SDKs that make it easy for developers to build cross-chain applications, benefiting from both Bitcoin’s trust and Ethereum’s programmability.

HEMI is an interesting project that bridges the gap between Bitcoin and Ethereum. Its modular Layer 2 architecture, combined with the innovative Proof of Proof (PoP) consensus mechanism, allows Hemi to offer the security of Bitcoin while maintaining the flexibility and programmability of Ethereum. This unique design makes it attractive for developers looking to build secure, cross-chain decentralized applications. By anchoring state data on Bitcoin and supporting Ethereum-compatible smart contracts, Hemi is well-positioned to play a significant role in the future of interoperable blockchain infrastructure. 

You can buy HEMI from crypto platforms like CoinSwitch.

• HEMI can be bought and traded on crypto platforms like CoinSwitch. 

• HEMI can be used to pay for gas fees within the Hemi network.

• The token can be staked to earn rewards and secure the network via the Proof of Proof mechanism.

• Token holders can vote on key decisions on the Hemi ecosystem.

• Hemi’s consensus anchors its blockchain state into Bitcoin’s mainnet, giving it strong finality and Bitcoin‑level security.

• Through its hVM (Hemi Virtual Machine), Hemi lets smart contracts work with both Ethereum and Bitcoin state, enabling new cross-chain dApps.

• The “Tunnels” system moves assets and data between Bitcoin, Ethereum, and Hemi in a protocol‑level secure way.

• HEMI is subject to market volatility like all cryptos.

• Even with reduced reliance on bridges, moving assets across chains, custody, or tunnels may attract regulatory scrutiny.

• There are already several Ethereum and Bitcoin‑adjacent L2s like Polygon, Arbitrum, and Optimism.

• Start investing in HEMI with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Hemi raised $15 million in a strategic funding round on August 26, 2025, with investors including YZi Labs (formerly Binance Labs), Crypto.com, Selini Capital, TRGC, and others. The Token Generation Event (TGE) occurred on August 29, 2025, with Hemi’s listing price at approximately $0.0216 per token. Alongside the TGE, Hemi conducted a Binance HODLer Airdrop for users who held BNB in specific earning products.