The collaboration will bring a capital-efficient trading platform to Hemi.

TL;DR: Hemi collaborating with BitPerp, a decentralized exchange for trading Bitcoin-inscribed assets on Layer 2 solutions. This collaboration combines Hemi’s secure, modular architecture with BitPerp’s capital-efficient trading platform, featuring leveraged perpetual products. 

Hemi has announced a new collaboration with BitPerp, an on-chain perpetual decentralized exchange (DEX) built for trading Runes, BRC20, and meme coins on Bitcoin Layer 2 solutions. This collaboration marks a key step toward expanding the BTC L2 ecosystem, bringing together Hemi’s secure modular architecture and BitPerp’s capital-efficient trading platform.

BitPerp, known for its advanced leveraged trading, offers a sophisticated, user-friendly DEX that allows users to engage with Bitcoin-inscribed assets through perpetual products with leverage options reaching up to 1000x for select pairs. With a unique synthetic model, BitPerp provides capital efficiency, reduced trading fees, and enhanced accessibility.

In this collaboration, Hemi will support BitPerp in building a more scalable and interoperable foundation. Through Hemi’s modular protocol, BitPerp gains enhanced security and seamless integration with various chains, allowing users to experience a robust trading environment on BTC L2s.

The collaboration also highlights the role of BitPerp’s ERC20 token, $BTP, which empowers users not only as a utility token but as a tool for community engagement and platform growth.

This collaboration is a strategic effort to advance BTC Layer 2 infrastructure, enhance user experiences, and expand the ecosystem’s potential. Together, Hemi and BitPerp aim to redefine how users trade and interact within the Bitcoin Layer 2 space.