DIA Powers Fair Value Pricing for hemiBTC on Hemi Network
DIA has partnered with Hemi Network to deliver fair value price feeds for hemiBTC, enabling transparent Bitcoin collateral valuation for DeFi protocols on Hemi’s Bitcoin-secured Layer 2.

Enabling Bitcoin DeFi with Verifiable Pricing
Hemi is a modular blockchain that unifies Bitcoin’s security with Ethereum’s programmability through its Proof-of-Proof (PoP) consensus mechanism. By embedding Bitcoin state directly within an EVM environment, Hemi enables institutions and developers to deploy native Bitcoin into yield strategies while maintaining full custody control and compliance.
hemiBTC is Hemi’s Bitcoin receipt token, representing actual BTC held across three vault structures. This enables Bitcoin holders to participate in DeFi protocols, lending, stablecoins, yield strategies, while maintaining verifiable backing by the underlying asset.
Why Receipt Tokens Need Fair Value Pricing
Receipt tokens backed by reserves require pricing that reflects actual holdings, not market sentiment. It isn’t about addressing market limitations, rather it is an institutional best practice for backed assets.
For DeFi Protocols
Lending platforms need collateral valuations based on actual BTC across vaults, not temporary price movements. This ensures accurate liquidation thresholds and stable lending ratios.
For Regulatory Compliance
Institutions require auditable methodologies that verify reserves for financial reporting, not speculative trading data.
For Crosschain Operations
When Bitcoin is held across multiple custody solutions, pricing must track provable reserves rather than fragmented market activity.
For Bitcoin to operate safely inside DeFi, pricing must be as trustless and verifiable as the asset itself. With DIA xValue, hemiBTC gains a fair value pricing model that does not rely on fragile market signals, but on provable Bitcoin reserves. This gives developers and institutions the confidence to build real financial products on Hemi without compromising on transparency or security.Jeff GarzikCEO of Hemi Network
DIA xValue: Reserve-Backed Pricing
DIA xValue delivers intrinsic fair value pricing where fundamental valuation provides superior accuracy to market-based feeds. For hemiBTC, DIA applies Reserve-Backing methodology, verifying BTC holdings and computing fair value based on provable BTC backing each token.
Technical Implementation
Multi-Vault Reserve Verification
- BTC holdings verification across three vault structures
- Crosschain data aggregation for comprehensive tracking
- Direct custody system integration
Verifiable Data Sourcing
- Primary market data from Sushiswap V3 and iZiSwap on Hemi
- Reserve verification from custody solutions
- Multi-point aggregation for accuracy
Onchain Computation
- Oracle operations on DIA’s Lumina rollup infrastructure
- Complete audit trail from source to destination
- No third-party dependencies
Unlocking Bitcoin DeFi on Hemi
Accept hemiBTC as Collateral: Lending protocols can accept BTC-backed positions with pricing that reflects actual reserves.
Build BTC-Native Stablecoins: Stablecoin platforms gain transparent reserve-based pricing for peg stability.
Enable Institutional Treasury Management: Corporate treasuries get compliance-ready valuation methodologies for financial reporting.
Power Derivatives and Yield Products: DeFi protocols can build complex instruments with confidence in underlying asset pricing.
Why This Matters Now
Bitcoin DeFi is accelerating. Hemi’s approach, combining Bitcoin security with EVM programmability, represents a fundamental shift in how institutions deploy Bitcoin productively.
Market-based feeds work for liquid assets like ETH. Receipt tokens like hemiBTC need fair value methodologies that price verifiable reserves regardless of market depth. DIA xValue provides this infrastructure, setting a standard for transparent, auditable pricing in Bitcoin-native financial products.






