Despite the potential, the project faces challenges, including the need to balance trust and security across custody, cryptographic, and operational assumptions. Describing cross-network Bitcoin arrangements as risk-free or fully trustless would be an oversimplification. The mainnet launch will determine whether Hashi can deliver on its promises and attract meaningful institutional participation in the Bitcoin lending space.
October 18, 2026
Sui's Hashi Project Set for October Mainnet with $500M in Pledged Capital
Sui's Hashi Bitcoin lending platform is gearing up for a phased mainnet launch in October, backed by over $500 million in partner commitments.
Impact
The mainnet launch of Sui's Hashi project could reshape Bitcoin lending by enabling institutional participation through non-native blockchains, but its success will depend on converting pledges into real on-chain activity.