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Hyperbridge Restarts With Full Decentralization After April Security Incident, Introduces HFT Standard

Project Progress Token Events

2026-06-15 15:05:29

HFT9.98%

ZRO27.65%

According to ChainCatcher, cross-chain interoperability protocol Hyperbridge has relaunched following a security incident on April 13, completing a comprehensive architectural restart and transition to a fully decentralized infrastructure. The protocol has eliminated centralized management keys in favor of a permissionless validator and prover network. The relaunch introduced the Hyper Fungible Token (HFT) standard, enabling each cross-chain asset to operate as an independent application layer controlled by its issuer, with features including pause mechanisms and rate-limiting strategies. Hyperbridge also released an OFT (Omnichain Fungible Token) adapter compatible with LayerZero and other existing cross-chain protocols, allowing assets to migrate to its zero-knowledge-proof-based transport layer without redeploying contracts. The protocol completed joint security audits and paid over $150,000 in bounties to security researchers prior to relaunch.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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