# Hyperlane (HYPER) — crypto price, market cap and strength versus Bitcoin > 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. ## Agent research brief - What this coin is: Hyperlane (HYPER), a Interoperability/Bridges token of $26.7M at market-cap rank 698. On-chain activity is sourced from protocol. - What the tape says: No 90-day Bitcoin-relative reading is available; no 200-day average on file. Interoperability/Bridges as a theme is -17.1% against Bitcoin over 13 weeks. - What the evidence supports: 53.2/100 inside Interoperability/Bridges on 28% evidence (33% of it native activity). Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. - What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Hyperlane does publish network fees, protocol revenue, total value locked. Theme: Interoperability/Bridges (/mla/crypto/sector/interoperability-bridges). Price 2026-07-31; market-cap snapshot 2026-07-04. ## Price, returns and risk 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%. - Price: $0.0588 - Market cap: $26.7M (rank 698) - Returns: 7d —; 30d —; 90d —; 180d —; 1y — - RS versus Bitcoin, 90d: — - 30-day volatility: unavailable; deepest 90-day fall 38% - 200-day average: unavailable ## Protocol economics 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 fees: trailing four quarters $1.4M; change —; covered 5/20 quarters - Protocol revenue: trailing four quarters $1.4M; change —; covered 5/20 quarters - Total value locked: latest quarter $94.7M; change —; covered 2/20 quarters ## Research score Hyperlane: 53.2/100 — Illiquid · research only; 17.5 + 15.0 + 13.5 + 7.2 = 53.2; evidence 28%; native evidence 33%; rank 2 of 9 rated Interoperability/Bridges coins Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. 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 band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built. ## Interoperability/Bridges scorecard 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. - 1. deBridge (DBR): score 67.6; evidence 91%; Illiquid · research only - 2. Hyperlane (HYPER) [this coin]: score 53.2; evidence 28%; Illiquid · research only - 3. LayerZero (ZRO): score 50.3; evidence 12%; Illiquid · research only - 4. Axelar (AXL): score 48; evidence 12%; Illiquid · research only - 5. Threshold Network (T): score 45.8; evidence 50%; Tape-led · on-chain proof incomplete - 6. Wormhole (W): score 42.4; evidence 71%; Tape-led · on-chain proof incomplete - 7. Across Protocol (ACX): score 40; evidence 47%; Illiquid · research only - 8. ICON (ICX): score 37; evidence 55%; Illiquid · research only - 9. ZetaChain (ZETA): score 24.8; evidence 75%; Illiquid · research only ## Limitations - 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. ## FAQs ### 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.