Aster Partners With Hemi to Drive Institutional Bitcoin Yield

Aster, the high-performance decentralized exchange (DEX), today announced the upcoming listing of the $HEMI token for spot trading. This partnership with Hemi makes $HEMI only the 20th asset available for spot trading on Aster, marking a significant step towards increasing liquidity and expanding institutional access to Hemi, the world’s largest Bitcoin programmability layer.

The HEMI/USDT spot trading pair will go live on the Aster decentralized exchange (DEX) on 22 October at 12pm UTC. Hemi’s Token Generation Event (TGE), launched in August, introduced the $HEMI token, used to supercharge Hemi’s unique blockchain supernetwork, which unites the Bitcoin and Ethereum ecosystems into a single platform. The listing underscores the powerful synergy between Aster and Hemi, illustrating a strategic, cross-protocol initiative to accelerate the development of next-generation DeFi infrastructure. 

The listing of $HEMI represents Aster’s continued support for projects advancing Bitcoin’s role in decentralized finance,” said Leonard, CEO at Aster. “We remain focused on expanding cross-chain liquidity and creating an open environment where innovation can thrive.“

The listing of $HEMI on Aster will initially support the HEMI/USDT spot trading pair, with trading incentives of $400,000.

Jeff Garzik, co-founder of Hemi, said, “Listing on a cutting-edge DEX like Aster puts the Hemi token at the center of one of crypto’s most exciting and innovative exchanges and in front of an informed, engaged, and growing investor community. This partnership drives institutional access to $HEMI’s unique supernetwork, which provides Bitcoin programmability and portability. This collaboration, underpinned by our shared roots and backing from YZi Labs, also unlocks greater access for traders to the $HEMI token, enabling wider participation in the next phase of Bitcoin-based decentralized finance.”

This move underscores the exchange’s strategic focus on expanding access for its users to high-quality assets and projects seeking to revolutionize the future of crypto and finance.