TL;DR
- Idea: Hyperlane is a permissionless, modular interchain messaging protocol enabling secure communication across 150+ blockchains.
- Catalyst: Recent HYPER token launch and staking go-live alongside deep chain integrations (Celestia, Cosmos SDK) catalyse adoption.
- Risks: Faces intense competition from LayerZero, Axelar, and Wormhole, with token unlock schedule posing volatility risk.
- Score: 7.00/ 10
Coin
- Name/ Ticker: Hyperlane (HYPER)
- Segment: Interoperability
- Status: active
- Price: $0.339300
Key Metrics
- Market Cap: $68 650 000
- FDV: $391 840 000
- Circulating Supply: 175 200 000
- Total Supply: 802 660 000
Sources
Technology
- USP: Permissionless interchain messaging API connecting Ethereum, Cosmos SDK chains, Solana, and 150+ other blockchains with customizable security via Interchain Security Modules (ISMs).
- Core Technology: On-chain modular messaging protocol with pluggable ISMs, multi-language SDK, and Warp Routes for asset transfers.
Roadmap
- 2025-03-31: Mainnet launch, ISM deployment, HYPER airdrop and exchange listing, dev tools released
- 2025-06-30: Staking launch, additional chain integrations, governance activation, early dApp partnerships
- 2025-12-31: Enhanced ISM security, full community governance, fee optimization, developer grants
- 2026-06-30: Institutional onboarding, support for modular blockchains beyond EVM, real-world enterprise use cases, global expansion
Team & Investors
Team
- Co-founder & Technical Head — Asa Oines: Former core engineer at Celo, led protocol team
- Co-founder & Protocol Engineer — Nam Chu Hoai: Former engineer at Celo and Coinbase
- Co-founder & Strategy Lead — Jon Kol: Former co-lead of Galaxy Digital’s venture arm
- Founding Engineer — Trevor Porter: Former engineer at Celo
- Founding Engineer — Yorke Rhodes: Former engineer at Celo
Investors
- Variant Fund — seed • 2022-09-22 • $18.50M
- Galaxy Digital — seed • 2022-09-22
- CoinFund — seed • 2022-09-22
- Circle Ventures — seed • 2022-09-22
- Blockdaemon — seed • 2022-09-22
- Figment Capital — seed • 2022-09-22
- Kraken Ventures — seed • 2022-09-22
- NFX — seed • 2022-09-22
- Hack VC — series_a • 2025-04-22
Total funding: $18.50M
Tokenomics
- Utility: Cross-chain messaging fees, governance participation, and staking rewards.
- Vesting: Team and early backers subject to 12-month cliff followed by 24-month linear release.
- Next Unlock: 2025-10-22 (9.31% of circulating)
Pros & Cons
Strengths
- Permissionless and modular interoperability across 150+ chains
- Customizable security via Interchain Security Modules
- Multi-language SDKs (TypeScript, Python, Rust, Go) for rapid integration
- Strong backing from leading crypto VCs
- Native multichain token from launch across major chains
- High throughput with low-latency messaging
Weaknesses
- Intense competition from LayerZero, Axelar, Wormhole
- Significant token unlocks may pressure price
- High FDV relative to current market cap
- Relatively nascent governance and staking mechanisms
- Technology maturity risk as modular features evolve
Market Signals (7d)
- CEX volume trend: increasing
- Active addresses trend: increasing
Price Scenarios (target: 2026-02-19)
- Bear: $0.200000 — Using a conservative 50% decline scenario based on potential post-unlock selling pressure.
- Base: $0.400000 — Based on current price and stable growth trend observed over last 6 months extrapolated forward.
- Bull: $0.800000 — Assumes successful integration with enterprise and adoption of staking incentives doubling valuation ratio.
How to Buy & Store
CEX
- HTX
- Gate
- Binance
- MEXC
- Phemex
- Kraken
DEX
- Uniswap V3
- SushiSwap
- Balancer
- 0x Protocol
- Kyber DMM
Storage
- MetaMask
- Ledger
- Trezor
- Trust Wallet
- Coinbase Wallet
Verdict
Promising infrastructure protocol with robust technology and backing but faces competition and token unlocking risks.
Official Links
Source: Coin Research (internal)
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