Binance’s Hemi token is an addition to Bitcoin’s DeFi, offering 50x leveraged futures.
Binance recently introduced a cryptocurrency that will impact the role of Bitcoin in the decentralized finance industry. On August 29, 2025, Binance Alpha listed Hemi (HEMI) at 04:00 UTC. Binance Futures has launched perpetual contracts for HEMIUSDT at 04:30 UTC with a maximum leverage of 50x.
Hemi makes Bitcoin more programmable for decentralized finance-related applications. This move has the potential to transform the way smart contract ecosystems utilize Bitcoin.
Hemi Hits On Binance: What Traders Should Know
On August 29, at precisely four o’clock in the afternoon UTC, trading went live on Binance Alpha. Futures contracts closely follow; they provide up to 50x leverage. Traders can increase exposure but have to control risks.
Binance launches a Booster Program for eligible users. All participants with sufficient Binance Alpha Points are potentially eligible to receive token allocations. Tokens are locked up for a period of time, so they cannot be withdrawn immediately.
Contracts settle in USDT at four-hour funding rate intervals. In order to balance markets, rates vary between +2% and -2%. Binance will change parameters when volatility is high.
New DeFi Token Is Bitcoin’s Rival
Hemi presents itself as a network that will amplify the scripting functionality of Bitcoin. It takes Bitcoin beyond the role of mere value transfer. The project promotes DeFi complex programmable functions.
Binance takes the lead and launches both Alpha and Futures support for Hemi at the same time. The dual launch expands liquidity and activity quickly. Futures listing, however, does not guarantee future availability of Spot.
Early Access and Community Savings
Before the trade could take place, Binance wallet holders were able to participate in Hemi’s Pre-Token Generation Event. It enabled early subscription of HEMI tokens in BNB. A maximum of 3 BNB was allowed to be deposited per user.
Pre-TGE raised $150k in BNB with 100m tokens in circulation. Every token that was claimed during the initial claim period was staked until the project team confirmed it to circulate. This condition should be taken into account seriously by early buyers.
Also, there is a Booster Program to reward those who support Hemi’s development. Its staggered challenges will release 200,000,000 HEMI tokens. These campaigns promote community involvement and engagement.
Vision & Support Behind Hemi
Hemi Labs was created by Bitcoin pioneer Jeff Garzik. The project raised $15 million in financing from Binance Labs, among others. Essentially, they want to integrate Bitcoin and Ethereum into a super network.
Hemi’s technology runs bitcoin inside the Ethereum Virtual Machine. Because of this, Ethereum smart contracts can now directly access Bitcoin. The innovation addresses the blockchain’s interoperability problems of decades.
Hemi’s vision to unlock the potential of Web3 is applauded by investors. It can speed up decentralized applications using the value of Bitcoin.
