On September 23, Binance announced its 43rd project on the HODLer Airdrops portal - Hemi (HEMI) - before listing the project.
The crypto exchange created the HODLer Airdrops portal to retroactively reward users based on historical snapshots of their BNB holdings.
Users who subscribed BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products starting on September 17 at 00:00 (UTC) until September 19 at 23:59 (UTC) are eligible for the airdrop.
What is Hemi (HEMI)?
Hemi is a network that promises to scale Bitcoin beyond money, and it's backed by YZI Labs.
Hemi says it's the world's largest Bitcoin programmability layer, with over $1.2 billion in TVL, over 90 protocols and more than 100,000 users. The project promises to deliver the foundation for a unified Bitcoin and Ethereum ecosystem.
Key Features
The project's key features include the following:
- Bitcoin programmability - Promoting "real Bitcoin doing real work."
- Super network infrastructure - The protocol connects Bitcoin and Ethereum at the core
- Bitcoin-powered finality - Offering Bitcoin-grade security without bottlenecks
- Next-gen BTCFi - Highlighting that Bitcoin became programmable, profitable and powerful
- Launch-ready ecosystem - Offering the fastest way to launch your own Bitcoin-secured network
- Trustless restaking with native BTC - Translating into a new frontier in BTC yield
The protocol uses PoP (Proof-of-Proof) mining, and so far, it has secured:
- Over 2.7 million keystone mined
- 6.92 million Bitcoin-secured transactions
Hemi Virtual Machine
It's also worth noting that the project uses the Hemi Virtual Machine (hVM) - a full Bitcoin node wrapped inside an EVM, providing the best way to deliver ETH and BTC network capabilities:
- Low-fee Bitcoin DeFi
- Bitcoin-secured AI
- Non-custodial BTC services
- Multi-chain DAOs
- Bitcoin-backed finance
What is HEMI Token?
HEMI is the native utility token of the project that is used for:
- Protocol governance
- As a future gas token
The maximum HEMI supply is 10 billion tokens, with a circulating supply of 977.5 million tokens.
HEMI Price Action on September 23
On September 23, after Binance announced HEMI as its 43rd project on HODLer Airdrop and revealed that it would list the token, HEMI price recorded a surge amidst a volatile market.
At the moment of writing this article, HEMI is trading above $0.09 with a market cap of over $97 million.
HEMI was launched in August 2025 and reached its ATH at $0.12 on September 21.
HEMI price surged by approximately 9% after Binance announced its upcoming listing.
Binance's HEMI Listing Details
In an official announcement, Binance revealed that it will list HEMI on September 23 at 12:00 (UTC) and will open trading for the following pairs:
- HEMI/USDC
- HEMI/USDT
- HEMI/BNB
- HEMI/FDUSD
- HEMI/TRY
HEMI will be listed with the Seed Tag applied, meaning potential high volatilty for the project.
You can start depositing HEMI, and you can already trade the digital asset on Binance Alpha - the platform created by the exchange to highlight early-stage projects with Web3 growth potential.
