Dubai, UAE, June 15th, 2026, Chainwire
Hyperbridge, the cross-chain interoperability protocol that processed almost half a billion dollars in transaction volume since launch, has resumed bridging operations after completing comprehensive audits of its on-chain components, paying out over $150,000 to security researchers on HackenProof, and transitioning to fully decentralized operations.
After the April 13 security incident, the team chose a full architectural overhaul of the Token Gateway rather than a quick patch. During the resulting downtime, Hyperbridge conducted a rigorous audit with SRLabs and dispensed over $150,000 through HackenProof to more than 20 security researchers in under a week. This shift has evolved the protocol from its early bootstrapped phase into a permissionless hyperstructure where administrative keys are defunct, centralization is purged, and proof generation is open to any global operator.
The relaunch also introduces the Hyper Fungible Token standard, in which every bridged asset operates as its own independently secured application. For teams on existing infrastructure, Hyperbridge has built a drop-in adapter, starting with LayerZero, the most widely adopted cross-chain messaging framework, allowing any OFT or OApp to upgrade to cryptographic security by changing a single parameter, with no migration or redeployment required.
"The security incident served as a catalyst to accelerate our roadmap, moving us directly into the era of permissionless interoperability," said Seun Lanlege, CEO of Polytope Labs, the developers of Hyperbridge. "Hyperbridge is now the first interoperability hyperstructure, fully permissionless across its entire stack: block builders, provers, relayers & governance. Its destiny is fully owned & governed by the community."
The following architectural changes represent a fundamental shift in how Hyperbridge secures cross-chain assets:
An unstoppable Interoperability hyperstructure
Hyperbridge has made drastic changes to its entire stack, starting with fully permissionless provers, incentivized by its native tokens paid from its treasury which holds 35% of the token supply. The sudo pallet, which served as a necessary training wheel has now been removed, Team-appointed block builders have also been replaced in favor of a permissionless election system powered by reputation tokens that can only be earned by provers & relayers. With these changes, hyperbridge achieves the previously theoretical status of hyperstructure: 100% community owned, unstoppable & credibly neutral.
Hyper Fungible Tokens: Issuer Ownership and Control
The newly introduced Hyperfungible Token standard deprecates the shared TokenGateway. Under the old model, every token routed through a single gateway with a single set of rules, leaving issuers no control over how their asset behaved across chains. Under the new model, each token is its own self-contained application, deployed and controlled entirely by the issuer, with its own contract address, pause keys, and rate-limiting logic.
Extending Security to Existing Asset
Billions in DeFi assets currently rely on multisig-secured infrastructure, a trust model responsible for the vast majority of historical bridge exploits. The HyperbridgeLzEndpoint removes the need to rebuild from scratch. The adapter implements the ILayerZeroEndpointV2 interface but routes messages through Hyperbridge's transport layer, backed by zero-knowledge proofs rather than multisig signers. Any existing OFT or OApp can make the switch by changing a single configuration parameter.
Pricing
Transitioning from a pay-as-you-go structure to a prepaid monthly subscription, Hyperbridge now offers tiered bandwidth plans for cross-chain applications. These subscriptions range from $50 to $1,000 and are payable using stablecoins on any chain of choice. To ensure continuous operations, applications can upgrade their selected tier at any time if they surpass their current bandwidth limit.
About Hyperbridge
Hyperbridge is a decentralized cross-chain interoperability protocol powered by cryptographic proofs. Developed by Polytope Labs, it provides a permissionless transport layer for the multi-chain ecosystem and is designed to operate without administrative controls or trusted intermediaries.
- Website: hyperbridge.network
- Explorer: explorer.hyperbridge.network
- Documentation: docs.hyperbridge.network
- Security: An active bug bounty program is open for security researchers.
Contact
CEO
Seun Lanlege
Polytope Labs
seun@polytope.technology
Disclaimer: Press release sponsored by our commercial partners.