Hermetica is a Bitcoin-native DeFi protocol that creates Bitcoin-backed yield products, most notably USDh, a yield-bearing synthetic dollar. Hermetica's Twitter Score is 7.0 out of 1000 as of October 2026, ranking #126,455 among 493,668 tracked accounts.
Hermetica was founded by Jakob Schillinger and operates at the intersection of Bitcoin's base layer and its emerging DeFi ecosystem. USDh is issued natively on Bitcoin Layer 1 via Runes and on Bitcoin Layer 2 via Stacks, where it launched on September 25, 2024 as a native SIP-010 token with initial swap liquidity provided through Bitflow and Velar. The synthetic dollar holds its US-dollar peg by combining a spot Bitcoin position with a short perpetual-futures position, while its staked form, sUSDh, distributes yield daily from funding-rate payments on those short positions.
Hermetica also offers hBTC, a self-custodial Bitcoin-yield product built on Stacks. On the security side, its published audit archive includes reviews by Clarity Alliance and Strata Labs, and a September 2025 staking-upgrade audit returned no unmitigated high-severity issues. Hermetica closed a $1.7 million seed round, announced in October 2024, backed by UTXO Management, CMS Holdings, Ethos Fund, Trust Machines SPV, Kilowatt Capital, Newman Capital, Silvermine, and several individual backers including Tycho Onnasch, Robin Obermaier, Mithil Thakore, and Matt Maduno. Hermetica has published 277 posts on the platform.
Who follows Hermetica on X?
The accounts that follow Hermetica include 14 founders, 4 angel investors and 5 influencers. Among them are Murad, mikedemarais.eth, Ameen Soleimani, Knower, sam.frax and Him.