Hemi, a Bitcoin (BTC) layer-2 protocol founded by early blockchain developer Jeff Garzik, has achieved over $260 million in total value locked ahead of its mainnet launch.



BTC L2s function as sidechains connected to Bitcoin’s blockchain. Protocols like Hemi, Core, Bitlayer, and Stacks seek to unlock decentralized finance for BTC through staking and yield generation.

Data from the project’s native explorer showed an uptick in deposits, comprising some 2,686 in liquid BTC derivatives and about 3,207 dominated in Ether (ETH) staking tokens.
BTC1,52%
OVER1,89%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)