Fact-check findings
What an automated fact-checker found when it re-read Hemi against the sources the page cites. Only the most recent review is shown.
These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
unverifiable
2 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #8[unverifiable][awaiting moderator]in section: TVL, fees and revenue
“Reported TVL snapshots conflict: about $1.71 million on the protocol page, about $7.1 million in another reference, and a figure near $821,554 in another snapshot.”
reviewerDefiLlama fee, revenue and TVL snapshots (conflicting, undated) and a decline from the $440M launch TVL.The page openly flags these as unreliable snapshots and recommends checking DefiLlama directly. I could not verify the figures either. - #9[unverifiable][awaiting moderator]in section: HEMI token performance
“Taken together these would imply a decline of well over 90% from the reported peak”
reviewerPrice around $0.005-$0.006 and implied decline over 90% from peak; FDV about $46.9M.Hedged inference on low-tier data; the 10B supply with a $46.9M FDV would imply about $0.0047, which is roughly consistent.
partially supported
1 claimThe cited evidence supports part of the claim but not all of it.
- #7[partially supported][awaiting moderator]in the timeline
“https://crypto-economy.com/hemi-releases-post-mortem-on-genesis-drop-exploit-that-drained-124-5-million-tokens/”
reviewerTimeline entry for the October 2026 rumour cites the Crypto Economy post-mortem as its source.The linked article cannot support the existence of the October rumour (the event text says the post was not retrieved). The link is a weak fit but the event text is honestly hedged.
confirmed
7 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in section: Team and funding
“In September 2024 the company announced a $15 million round led by Binance Labs, Breyer Capital and Big Brain Holdings, with participation from Crypto.com, Alchemy, SALT Fund and others. Sanchez declined to disclose the valuation.”
reviewerHemi Labs announced a $15M round in September 2024 led by Binance Labs, Breyer Capital and Big Brain Holdings; Sanchez declined to disclose valuation.Fortune supports every element of the funding claim. - #2[confirmed][no action needed]in section: Team and funding
“Max Sanchez, co-founder of Veriblock, which Hemi Labs acquired in 2023 and whose Proof-of-Proof consensus underpins Hemi.”
reviewerHemi Labs acquired Veriblock in 2023 and its Proof-of-Proof consensus underpins Hemi.Supported by Blockworks (via search excerpt; page not fetched in full). Fortune alone does not state the year. - #3[confirmed][no action needed]in the timeline
“Hemi mainnet launches, reported with about $440 million TVL.”
reviewerHemi mainnet launched March 2025 with about $440M TVL.Matches the source and is appropriately hedged. - #4[confirmed][no action needed]in section: HEMI token performance
“A 2025 article around the Binance HODLer airdrop listing reported an all-time high near $0.12 in September 2025.”
reviewerReported ATH near $0.12 in September 2025 around Binance airdrop listing; 10B supply.Supported by a low-tier source; page already hedges reliability. The 10B supply is implied rather than stated. - #5[confirmed][no action needed]in section: HEMI token performance
“Upbit cancelled a planned HEMI listing 18 minutes before launch following the September 2026 exploit, according to Grafa.”
reviewerUpbit cancelled a planned HEMI listing 18 minutes before launch following the September 2026 exploit.Matches Grafa and is attributed to it. - #6[confirmed][no action needed]in section: Shutdown rumour and official announcements
“states that the rest of its infrastructure was not affected and that the investigation and recovery effort remains open”
reviewerHemi's post-mortem says the rest of its infrastructure was not affected and investigation remains open.Accurate. - #10[confirmed][no action needed]in the summary
“but no official shutdown or wind-down announcement was found”
reviewerNo shutdown or wind-down announcement found.A limited search of my own likewise found nothing; the page properly frames it as a negative finding from limited search.