We’re excited to announce that Sushi will deploy on the Hemi Network as its first decentralized exchange (DEX)! Hemi is a modular protocol delivering superior scalability and security built on the power of Bitcoin and Ethereum! Users will be able to trade and provide liquidity (LP) on the Hemi directly through Sushi’s UI when Hemi goes mainnet in Q4-2024.
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 recently announced a $15 million seed round led by Binance Labs, Breyer Capital. During its present testnet phase, Hemi is already gaining impressive traction with more than 120,000 miners testing its “Proof-of-Proof” security protocol.
Key Features of Hemi:
With Sushi deploying on Hemi, users will be able to trade and provide liquidity on a network that combines Ethereum’s DeFi functionalities with Bitcoin’s unmatched security. This integration marks a significant step forward for DeFi, offering users a scalable and secure infrastructure for seamless transactions. By being among the first to launch on Hemi, Sushi sets the stage for a new era of decentralized trading.
Users will be able to swap assets with Sushi's V3 AMM and provide liquidity on Hemi’s decentralized network, with more integrations to come.