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Aster Partners With Hemi to Drive Institutional Bitcoin Yield

October 24, 2025 By Crypto Reporter PR

Aster, the high-performance decentralized exchange (DEX), 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.

About Aster

Aster is a next-generation decentralized exchange offering both Perpetual and Spot trading, designed as a one-stop onchain venue for global crypto traders. It features MEV-free, one-click execution in 1001x Mode. Perpetual Mode adds 24/7 stock perpetuals, Hidden Orders, and grid trading, available across BNB Chain, Ethereum, Solana, and Arbitrum.

Its unique edge lies in the ability to use liquid-staking tokens (asBNB) or yield-generating stablecoins (USDF) as collateral, unlocking unparalleled capital efficiency. Powered by Aster Chain, a high-performance and privacy-focused L1, and backed by YZi Labs, Aster is building the future of DeFi: fast, flexible, and community-first.

About Hemi

Hemi makes Bitcoin programmable, yield-generating, and composable – unlocking the next wave of Bitcoin-based decentralized finance. Built on the combined strengths of Bitcoin and Ethereum, Hemi is a modular protocol engineered for performance, security, and programmability. Hemi was co-founded by Jeff Garzik, a former Bitcoin core developer; Maxwell Sanchez, inventor of the Proof-of-Proof consensus protocol; and crypto pioneer and investor Matthew Roszak. Hemi is backed by leading investors, including YZi Labs, Breyer Capital, Big Brain Holdings, Republic Digital and Crypto.com. The Hemispheres Foundation is a global initiative focused on advancing interoperability between Bitcoin and Ethereum through education, research, and ecosystem development. Follow Hemi on X and LinkedIn.

Filed Under: Press Releases

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