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Hyperlane

Founded 2022 · 16 employees on LinkedIn · 19 known investors

Hyperlane is an open source, permissionless interoperability framework for connecting over 150 blockchains, enabling cross-chain messaging, asset bridging, swaps, asset issuance, and governance across EVM, Solana, Cosmos, and custom VM architectures. It serves developers, asset issuers, and chains building multichain applications, with modular security models and an optional Hyperlane-as-a-Service offering.

Also known as Abacus Network · Hyperlane Protocol

Founders & leadership

Hyperlane was founded in 2022 by Asa Oines.

AOAsa Oines
Asa OinesinCo-Founder2022–2023

Investors · 19

Also in the syndicate · 3

CircleHypersphereVariantlead

Funding

SEC filings, press & company announcements

$18.5M disclosed across 1 of 5 rounds · 2022–2025

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Hyperlane is an open-source interchain messaging protocol that lets applications communicate and move assets between blockchains. Its core primitive is general message passing: developers can send arbitrary data and function calls across chains, on top of which the protocol supports token bridging via Warp Routes, multi-step cross-chain swap routing, multichain asset issuance, cross-chain governance and Interchain Accounts, which allow an account on an origin chain to make authenticated calls to contracts on another chain.

The protocol is described as permissionless: any developer can deploy Hyperlane to a new chain without core team or governance approval, and retains control over contract extensibility, relayer configuration and validator selection. Security is modular — applications self-select "Interchain Security Modules" so that faults are isolated to specific zones rather than shared across the whole network. Alongside the open protocol, the core team offers a "Hyperlane-as-a-Service" option providing hands-on support for deployments, bridging and custom implementations. The company also publishes products layered on the protocol, including Metastable, stablecoin clearing infrastructure for 1:1 conversions between stablecoins across chains, and Predicate Hooks, which add compliance verification (KYC, sanctions screening, geographic checks) to Warp Route transfers before tokens leave the origin chain.

Founding story

Hyperlane was founded by Asa Oines, Nam Chu Hoai and Jon Kol, and was formerly known as Abacus Network. Oines and Chu Hoai were founding engineers at Celo, where Oines built and led the protocol team; Kol previously co-led Galaxy's venture business and worked at Morgan Stanley and Galaxy Digital. Trevor Porter and Yorke Rhodes joined as founding engineers, also previously at Celo. Morgan Beller, a co-creator of Diem, and Zaki Manian, a co-creator of Cosmos and the IBC protocol, serve as advisers. The founders' premise was that an expanding universe of blockchains is inevitable and that a network is needed to connect them.

Business model

Hyperlane maintains an open-source, permissionless protocol that developers can deploy and configure themselves, and complements it with a "Hyperlane-as-a-Service" offering in which the core team provides white-glove support for chain deployments, bridging and custom implementations.

Traction

The company reports connectivity across more than 150 chains and seven VM environments, over $10 billion in value bridged, and validation of more than 10,000 cross-chain asset transfer messages daily. Its main monorepo has over 5,800 commits and 602 forks, and the GitHub organization hosts 68 repositories.

Latest developments

In April 2026 Hyperlane introduced Predicate Hooks, making compliance checks — KYC, sanctions screening and geographic verification — available as a Hook on Warp Routes so transfers can be blocked on the origin chain. In July 2026 it introduced Metastable, stablecoin clearing infrastructure for 1:1 conversions between any stablecoin across any connected blockchain.

Full profile — market position, technology, go-to-market, history, risks & controversies

Market position

Hyperlane positions itself as an open, permissionless alternative to interoperability platforms that require core-team or governance approval to add chains, and contrasts its per-application modular security with the "all-or-nothing" shared security model it attributes to other interchain communication platforms.

Permissionless deployment to new chains without core team or governance approval, developer-selectable security via Interchain Security Modules with fault isolation, and coverage of multiple virtual machine environments through a single integration.

Technology

Hyperlane consists of on-chain contracts (Mailboxes portable to any smart contract platform), off-chain validators and relayers, and SDK/tooling packages. Applications configure Interchain Security Modules to define their own validation requirements. Core components include Warp Routes for token bridging, general message passing for arbitrary data and calls, Interchain Accounts for authenticated remote calls, and Interchain Queries for reading data from remote chains. The stack supports EVM, Solana (Sealevel), CosmWasm and custom VM architectures, with public repositories in Solidity, Rust, TypeScript, Go, Cairo and other languages, plus a block explorer and a Warp Route UI template.

Go-to-market

Open-source distribution through public GitHub repositories, developer documentation and quickstart guides, self-serve deployment tooling, and a direct intake form for teams wanting core-team support via Hyperlane-as-a-Service.

Smart contract and application developers building multichain applications, chain builders deploying new blockchains, and asset issuers such as stablecoin projects; the website also lists application-level users including Aave and Aerodrome.

History

The company operated as Abacus Network before rebranding to Hyperlane, and announced an $18.5 million seed round in September 2022. At that time it was in "alpha mode" supporting Ethereum, Arbitrum, Polygon, Optimism, Avalanche, Binance and Celo, with a stated plan to enter a mainnet beta phase in Q4 2022 and fully launch by Q1 2023. The protocol has since moved through multiple versions — V1 and V2 code remain in archived branches, with V3 as the current monorepo branch and V4 developer documentation published — and the network now spans more than 150 chains across seven virtual machine environments. Later product releases include Predicate Hooks for compliant bridging (April 2026) and Metastable stablecoin clearing (July 2026).

Risks & controversies

Hyperlane operates in the cross-chain bridging category, which press coverage cites as a leading security risk: roughly $2 billion in cryptocurrency was reported stolen in cross-chain bridge hacks in 2022 according to Chainalysis, with bridge designs presenting novel attack vectors.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Chains connectedJan 2026150 chains
Cumulative value bridgedJan 2026$10B
Daily cross-chain asset transfer messages validatedJan 202610,000 messages/day
GitHub repositories in organizationAug 202668 repositories
Hyperlane-monorepo commitsAug 20265,818 commits
Hyperlane-monorepo forksAug 2026602 forks
VM environments supportedJan 20267 virtual machines

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Jul 2026
Introducing Metastable: 1:1 stablecoin clearing

Metastable is stablecoin clearing infrastructure enabling 1:1 conversions between any stablecoin across any blockchain, letting users deposit one stablecoin and receive another.

source ↗

Apr 2026
Introducing Predicate Hooks: compliant bridging on Hyperlane

Predicate became available as a Hook on Hyperlane Warp Routes, allowing any connected chain to require compliance verification such as KYC, sanctions screening and geographic checks before tokens leave the origin chain.

source ↗

Sep 2022
Hyperlane raises $18.5M seed round led by Variant

Hyperlane announced an $18.5 million seed financing round led by Variant, with participation from Galaxy Ventures, Coinfund, Asymmetric, Hypersphere, Circle, Figment, Blockdaemon, Kraken Ventures and NFX, to accelerate protocol development and grow its ecosystem.

$18.5M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Hyperlane do?
Hyperlane is an open, permissionless interoperability framework for messaging and asset bridging across 150+ blockchains.
Who founded Hyperlane?
Hyperlane was founded by Asa Oines in 2022.
Who are Hyperlane's investors?
Hyperlane's investors include Ambush Capital, BitDAO, BootNode, CoinFund, Figment, Hack VC, Hypersphere Ventures, Mantle Network and 8 more.
How much funding has Hyperlane raised?
Hyperlane has disclosed $18.5M raised across 1 of its 5 known rounds.