Sector Alpha Week of 2026-07-31
Interoperability/Bridges · five-year weekly price · BTC-relative

Hyperlane (HYPER) Crypto Price & Market Cap

Hyperlane (HYPER) — price, market cap and strength versus Bitcoin

Bottom line

Hyperlane trades at $0.0588 with a market capitalisation of $26.7M (rank 698). Its 90-day reading against Bitcoin is unavailable, so relative strength is not called here. Interoperability/Bridges as a theme is -17.1% against Bitcoin over 13 weeks. Price readings run through 2026-07-31.

Price
$0.0588
as of 2026-07-31
Market cap
$26.7M
snapshot 2026-07-04
RS vs Bitcoin · 90d
as of 2026-07-31
30-day median volume
$585.4K
as of 2026-07-31
01 · the tape, against its benchmark

How has Hyperlane moved against Bitcoin?

Hyperlane's one-year return is withheld because the series is incomplete. Its deepest fall from a high inside the last 90 days is 38%.

-18551292032762021-08-132022-08-122023-08-112024-08-022025-08-012026-07-31
HYPER · rebasedBitcoinInteroperability/Bridges · equal weight

All three lines rebased to 100 at the first week each has data. Bitcoin is the opportunity-cost benchmark for crypto risk; the theme line is its equal-weight index of current rated members.

02 · returns, volatility and drawdown

What do Hyperlane's returns and risk look like?

7 days
30 days
90 days
180 days
1 year
30-day volatility
Deepest 90-day fall38%
200-day average
50-day average
03 · what the protocol actually earns

Does Hyperlane generate fees or revenue?

Hyperlane publishes 3 of the six network-economics series this site tracks: network fees, protocol revenue, total value locked. Network fees over the last four complete quarters is $1.4M. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter.

Network fees5/20 quarters
TTM$1.4M
Protocol revenue5/20 quarters
TTM$1.4M
Total value locked2/20 quarters
Latest$94.7M
-46,575255,656557,887860,1191,162,350Q3 2021Q3 2022Q3 2023Q2 2024Q2 2025Q2 2026
Network fees
-46,575255,656557,887860,1191,162,350Q3 2021Q3 2022Q3 2023Q2 2024Q2 2025Q2 2026
Protocol revenue
91,199,11192,145,68393,092,25594,038,82794,985,399Q3 2021Q3 2022Q3 2023Q2 2024Q2 2025Q2 2026
Total value locked

Complete calendar quarters only. A blank quarter is unavailable, not zero. Network activity is evidence about the protocol, not earnings owed to the token.

04 · exact additive research priority

What does the evidence say about Hyperlane?

Hyperlane scores 53.2 out of 100 inside Interoperability/Bridges, ranked 2 of 9 rated coins on 28% evidence. The four displayed point contributions add exactly to the total; missing evidence pulls only the affected factor toward neutral and lowers its stated coverage. It ranks research attention within one theme, never portfolio action, and it is not comparable across themes.

Hyperlane · HYPER

53.2/100 · Illiquid · research only · 28% evidence · rank 2 of 9 rated Interoperability/Bridges coins

Exact sum: 17.5 + 15.0 + 13.5 + 7.2 = 53.2

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

17.5/35Market leadership

RS-BTC — · RS-sector — · 200-DMA —

0% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

13.5/20Value capture

Fee yield 5.26% · revenue yield 5.26%

81% evidence

7.2/15Liquidity & downside risk

30d median volume $585,415 · vol —

80% evidence

This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters.

No valuation section exists on this page, for any coin. There is no company-style P/E or PEG for a token, and historical market capitalisation is not held at all — only a dated current snapshot — so no ten-year valuation band can be built honestly. Where a protocol publishes fees or revenue, the yield against that dated snapshot is shown above instead.

05 · the theme it competes in

How does Hyperlane compare with other Interoperability/Bridges coins?

Hyperlane is one of 11 Interoperability/Bridges coins here, 9 of which carry enough evidence to be rated and ranked. Hyperlane ranks 2 of those 9 on 28% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked.

RankCoinScoreEvidenceReadMarket capRS vs BTC
1deBridge DBR67.691%Illiquid · research only$80.8M+18%
2Hyperlane HYPER this coin53.228%Illiquid · research only$26.7M
3LayerZero ZRO50.312%Illiquid · research only$229.0M
4Axelar AXL48.012%Illiquid · research only$52.1M
5Threshold Network T45.550%Tape-led · on-chain proof incomplete$40.2M-24%
6Wormhole W42.471%Tape-led · on-chain proof incomplete$62.9M-18%
7Across Protocol ACX40.047%Illiquid · research only$30.2M
8ICON ICX35.855%Illiquid · research only$28.0M-23%
9ZetaChain ZETA25.875%Illiquid · research only$58.0M-31%

The Interoperability/Bridges scorecard in its own order, with this coin marked. Scores are within-theme and are not comparable with coins in another theme. See the full Interoperability/Bridges page.

Methodology · boundaries make the answer useful

What can make this page misleading?

This page names 5 ways its own evidence about Hyperlane can mislead, all listed below. The largest is that crypto network activity is not company earnings: protocol revenue does not automatically accrue to token holders. Price runs through 2026-07-31; market capitalisation is a separate snapshot dated 2026-07-04.

  • Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
  • Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
  • No valuation band exists for any coin: historical market capitalisation is not held at all.
  • Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
  • The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.
Price and technicalsThrough 2026-07-31, from exchange closes; moving averages are computed, never scraped.
Protocol activityThrough 2026-07-31, for the series this token publishes.
Market capSnapshot dated 2026-07-04; no historical supply series is implied.
Decision useResearch priority within one theme. Not entry, exit, sizing or leverage instructions.
Questions the page should answer directly

Crypto analysis FAQs

These 7 answers cover the questions this page can settle from data it holds — what the category is, how the score is built, what the coverage gaps are, and what would change the read. Every answer below is also present in the page’s FAQ schema and in its plain-text rendition. None of them is a recommendation.

What is Hyperlane (HYPER)?

Hyperlane is a Interoperability/Bridges cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from protocol. It is one of 11 Interoperability/Bridges coins on this site. Readings are as of 2026-07-31.

What is the market cap of Hyperlane?

Hyperlane's market capitalisation is $26.7M, ranking it 698 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above.

Is Hyperlane beating Bitcoin?

Hyperlane has no usable 90-day reading against Bitcoin at present, so this page does not call its relative strength. Interoperability/Bridges as a whole is -17.1% against Bitcoin over 13 weeks.

Does Hyperlane have a P/E ratio?

No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.

What is Hyperlane's research score?

53.2/100 within Interoperability/Bridges, ranked 2 of 9 rated Interoperability/Bridges coins, on 28% evidence: 17.5 + 15.0 + 13.5 + 7.2 = 53.2. It is labelled “Illiquid · research only”. The score ranks research attention inside one theme, never portfolio action.

How much Hyperlane history does this page show?

Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Hyperlane actually publishes. Here that is network fees, protocol revenue, total value locked.

Does Hyperlane generate network fees?

Hyperlane's trailing twelve-month network fees is $1.4M. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.

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