Hyperlane (HYPER)
Hyperlane is a permissionless interoperability layer designed to enhance the user experience when engaging with multiple blockchain networks. It allows web3 developers to build new dapps from scratch or integrate its protocol into existing ones, connecting them with over 50 blockchain networks powered by the five major VMs. $HYPER is Hyperlane’s utility token, used for staking to secure the network and rewarding users and developers for driving growth.
Since its inception in 2022, the Hyperlane crypto project has raised over $18.5M from Circle Ventures, CoinFund, Kraken Ventures, and other funds.
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