125k WBTC in Circulation.
BTC is moving across ARB and SUSHI and multiple ecosystems, but most of it is still producing limited yield.
Hemi continues to position itself at the center of this flow with staked HemiBTC, a liquid ERC20 that tracks a managed BTC strategy.
Users deposit HemiBTC once and receive a fungible ERC20 that they can move across markets or use as collateral. The position is routed into a Morpho vault at launch and is expanded into additional BTC strategies as conditions shift.
A second tier is arriving for users who want direct access to individual BTC strategies.
Some pathways will stay liquid while others may involve lock periods or specific risk parameters.
The HemiBTC dashboard is also nearing release with visibility into inflows, outflows, and one-to-one collateralization.
Future updates will surface more details as HBitVM progresses.
