Hyperlane HYPER Price

What is Hyperlane (HYPER)?

Hyperlane, launched in 2022, is a permissionless interoperability protocol designed to connect over 170 blockchains, including Ethereum, Solana, Arbitrum, Polygon, and Base, supporting 5+ virtual machines (VMs). Its modular framework allows developers to deploy Hyperlane on any chain without approval, using a smart contract “Mailbox” for secure cross-chain messaging and Warp Routes for no-slippage token transfers. Interchain Security Modules (ISMs) let developers customize security, leveraging options like EigenLayer’s $5B economic security or application-specific validators. 

The $HYPER token, launched on April 22, 2025, with a 1 billion total supply, powers staking, governance, and rewards, with a liquid stHYPER variant for flexible DeFi use. Hyperlane’s architecture supports interchain applications like the ezETH bridge, Yama stablecoin, and Injective’s inEVM token bridge.

Hyperlane raised $18.5M from investors like Variant, Circle Ventures, and CoinFund. Its tokenomics allocate 7.5% to airdrops, with events like the Expansion Drop and Binance HODLer airdrop rewarding early users. Listings on Binance, KuCoin, Bybit, and MEXC drive liquidity, with a 165,000 $HYPER + 50,000 USDT MEXC event boosting engagement. 

Multiple audits (Trail of Bits, Hacken, Zellic) enhance security, but a proxy contract warning (GoPlus) and below-average SMM/SEO performance raise concerns. X posts praise Hyperlane’s extensibility, with 25+ source and 35+ destination chains, but competition from LayerZero and token volatility remain challenges. Hyperlane aims to be a decentralized backbone for Web3, potentially evolving into a global value transfer network.

What is unique about Hyperlane (HYPER)?

Hyperlane’s permissionless deployment allows anyone to connect any blockchain, supporting 170+ chains and 5+ VMs. Its modular ISMs enable tailored security (e.g., EigenLayer integration), and Warp Routes offer no-slippage token bridging. The Mailbox Contract and Interchain Gas Payments streamline cross-chain messaging, powering dApps like ezETH and Yama with unmatched flexibility.

Who are the founders of Hyperlane (HYPER)?

The co-founder of Hyperlane is Jon Kol, previously at Galaxy Digital and Celo, with a team experienced at Apple and Google. No other founders are publicly named, but Kol is the primary figure driving the project’s vision.

Who are the backers/investors of Hyperlane (HYPER)?

Hyperlane raised $18.5M from Variant (lead), Circle Ventures, CoinFund, Kraken Ventures, Galaxy Digital, Figment, Blockdaemon, and NFX. The robust investor network supports its ecosystem of dApps and bridges.

Where can I buy Hyperlane (HYPER)?

 Binance, MEXCBitgetGate.ioBybit