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Hyperbridge
Hyperbridge is a crypto-economic coprocessor and Polkadot rollup designed for secure, scalable, and verifiable blockchain interoperability. It utilizes a model with cryptoeconomics and zero-knowledge cryptography to aggregate state proofs from multiple chains, enabling decentralized, permissionless cross-chain communication and fee-earning for relayers.
Distributed
Description
Hyperbridge introduces a novel architecture for secure blockchain interoperability through its crypto-economic coprocessor, which performs compute-intensive proof verifications off-chain and reports the results on-chain with cryptographic proofs. As a Polkadot rollup, it scales trust-free interoperability by verifying and aggregating the finalized states of multiple chains into a single proof, allowing any connected blockchain to receive cross-chain messages. The protocol operates a fully decentralized and permissionless network of relayers who are incentivized by user fees to transmit messages without requiring staking or whitelisting. Hyperbridge provides SDKs for Solidity and WASM environments to support the development of interoperable applications like cross-chain DEXs, lending platforms, and intents. The project has raised a total of $5.65 million, including funds from its Initial Relayer Offering (IRO), and has been approved as Polkadot's native bridge.Grant Funding
VC Funding
None
2024
$0
$2.5M