gHemi, The Bitcoin DeFi thesis I couldn’t ignore: $HEMI | @hemi_xyz As a researcher, I’ve read many whitepapers but $HEMI made me stop and re-read it three times. Why? Because it doesn’t just offer Bitcoin DeFi like everyone else. It proposes a paradigm shift: BTC that is #DeFi. We’ve seen attempts before: $WBTC, $tBTC, $renBTC...But they all come with a cost: custodians, trust assumptions, systemic risks. You trade the very thing that made Bitcoin valuable, decentralization for convenience. Hemi flips the script. ▫️ No custodians ▫️ No wrapped assets ▫️ No bridges ▫️ Every transaction finalizes on Bitcoin via Proof-of-Proof (PoP) ▫️ Programmable BTC via hVM (a Bitcoin node inside an EVM) ▫️ Fully on-chain, redeemable, and composable → Instead of “bringing BTC into DeFi”, Hemi makes BTC natively do #DeFi. Some numbers that caught my attention: – $909M+ TVL – 2.98M+ transactions – 10,630+ contracts deployed – Native BTC-backed stablecoin live – Supports both Solidity + Rust for builders Why does this matter? Most so-called "Bitcoin L2s" are repackaged versions of older tech, bolted on with buzzwords. They rely on Ethereum-style infrastructure, or worse centralized custody. Bitcoin becomes a sidekick in its own story. @hemi_xyz is different. ▫️ Modular rollups that plug directly into Bitcoin security ▫️ hVM allows BTC programmability from within smart contracts ▫️ Native, trustless integration without breaking what makes Bitcoin special My personal take: 1/ If you thought “Bitcoin can’t do DeFi,” you probably haven’t looked at Hemi. 2/ If you believe BTC is just for holding, maybe it’s time to consider staking it. 3/ And if you’re skipping $HEMI because it isn’t trending on X yet, you might be ignoring the real infrastructure layer of Bitcoin DeFi. This time, it's not hype. It’s happening.