TL;DR:
- The protocol processed nearly 500 million dollars in transaction volume from its launch until the security incident.
- The firm distributed more than 150,000 dollars to over 20 security researchers through the HackenProof platform.
- The new pricing scheme eliminates pay-as-you-go and establishes fixed monthly subscriptions between 50 and 1,000 dollars.
The Hyperbridge interoperability protocol has resumed its bridging operations after completing a restructuring of its on-chain components. The protocol returns to action following the security incident that occurred this past April 13. According to the project’s developers, the reactivation is accompanied by a transition toward a completely decentralized operating model.
Hyperbridge is back!
The April 13 exploit exposed deeper architectural weaknesses in the protocol.
Instead of patching the old system, we rebuilt the parts that concentrated risk underneath the network.
🧵 pic.twitter.com/AtBaORNgBV
— Hyperbridge (@hyperbridge) June 15, 2026
Technical Overhaul and Audits After the Incident
The development team completely redesigned its token gateway architecture instead of applying a temporary patch. During the downtime, the firm Polytope Labs coordinated an exhaustive audit with the security company SRLabs. Official data indicates that the technical review was complemented by a bounty program that distributed funds in less than a week.
The new structure eliminates the organization’s administrative keys. The technical report indicates that the protocol now aims to operate as a permissionless hyperstructure where proof generation is open to any global operator. Team-appointed block builders were replaced by an election system based on reputation tokens. These assets can only be earned by provers and relayers within the network.
The project’s treasury, which retains 35% of the total token supply, will be used to natively incentivize independent validators. According to the company’s projections, this financial scheme aims to sustain long-term network neutrality.
New Security Standards for Cross-Chain Assets
The relaunch introduces the Hyper Fungible Token standard, which replaces the previous shared gateway model. Under the old system, all assets shared the same routing rules within the platform. The new standard allows each token to function autonomously as an independent application controlled entirely by its own issuer, including individual contracts and pause keys.
For platforms operating with external tools, the protocol designed an adapter compatible with the LayerZero interface. Official documentation notes that this tool allows applications to migrate to a cryptographic security model by modifying a single configuration parameter. The mechanism replaces verification based on multi-sig signatures with a system backed by zero-knowledge proofs.
The platform’s commercial scheme also underwent modifications upon its return to the market. The pay-as-you-go system was replaced by fixed monthly subscription plans for cross-chain applications. These fees are divided into tiers ranging from 50 to 1,000 dollars, with the option to increase the contracted bandwidth capacity at any time through payments with stablecoins.
The ecosystem will continuously maintain its bug bounty program active for external analysts. The official bridge monitor and technical exploration services were fully restored simultaneously with the publication of the new operational guidelines.
