Hemi has adopted Chainlink, the industry-standard oracle platform, to power highly secure hemiBTC markets on Ethereum and Monad. The Chainlink data standard delivers every protocol a reliable, decentralized source of hemiBTC price data to unlock advanced markets. 

This puts hemiBTC, Hemi's trust-minimized BTC asset, on equal footing with the most widely supported assets in DeFi, priced by the same market-leading Chainlink oracle infrastructure that secures the majority of DeFi.

Chainlink is the industry standard. The oracle platform operates across 81+ blockchains, delivers 2,000+ price feeds, and has enabled $30+ trillion in transaction value. It controls over 67% of the total oracle market, and secures more than $75 billion in value across DeFi.

Why a hemiBTC Chainlink Feed Matters

Using Chainlink Price Feeds, hemiBTC now has an Ethereum and Monad price feed to securely and reliably put accurate hemiBTC price data on the chain where the majority of DeFi liquidity already lives.

Chainlink’s accurate decentralized price data enables: 

• Lending protocols on Ethereum and Monad to accept hemiBTC as collateral with real-time pricing that supports proper loan-to-value ratios and liquidation thresholds

• BTC yield strategies to use a reliable price reference, making hemiBTC a viable base asset for structured products and onchain funds

• Developers to build money markets, liquidity vaults, and more with integrated hemiBTC, without standing up custom oracle infrastructure

• Institutional participants deploying hemiBTC into Ethereum and Monad get the same Chainlink data standard they already require everywhere else

What's next?

Chainlink Price Feeds support for hemiBTC on Ethereum and Monad mainnet is live now.

Have questions about hemiBTC? Join the conversation in the community Discord, and visit the Hemi Portal to learn more.