Polkadot Rollup, Hyperbridge, Expands Initial Relay Offering After Selling Over 52 Million Tokens

(PRESS RELEASE – Zurich, Switzerland, January 17, 2025)

Hyperbridge Extends Token Offering Deadline, Token Generation Event Scheduled for Q1 2025

Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relay Offering (IRO) deadline until February 28, 2025. The move follows overwhelming demand, with over 52 million tokens out of a total of 100. million supplies already sold.

The expansion offers potential participants a limited-time opportunity to join the Hyperbridge network, with early buyers still eligible for bonuses. As Hyperbridge expands its reach, this expansion provides a final window for supporters to secure their position within the ecosystem.

• 50% Bonus Already Claimed: Early participants who joined before the initial deadline earned a symbolic 50% bonus, a testament to Hyperbridge’s commitment to rewarding early adoption.
• 15% Bonus Available: There remains a limited opportunity for participants to receive a 15% bonus on their token purchase.

“We have been thrilled with the incredible support from our community so far,” said Seun Lanlege, founder of Polytope Labs. “Selling over 52 million tokens is a major milestone, and with this expansion, we are excited to welcome even more relays to the Hyperbridge network ahead of our token generation event in Q1.”

The launch of Hyperbridge’s mainnet marks a notable step forward in its journey towards blockchain interoperability transformation. The protocol is integrated with many ecosystems, including Ethereum, Optimism, Arbitrum, Base, BNB Chain, zkVerify, Gnosis, Bifrost, etc.

The Gateway Token Bridge is already operational, enabling secure and scalable cross-chain token transfers, messages, and state queries. These integrations position Hyperbridge as a key contributor to the advancement of cross-chain applications.

Hyperbridge is expected to hold its token generation event in the first quarter of 2025, and IRO participants will be among the first to receive their tokens, opening up the opportunity to actively engage in the protocol.

With its advanced zk technology and focus on security, Hyperbridge has already seen rapid adoption, supported by integrations into major blockchain ecosystems. The protocol’s hub model ensures scalability and reliability, attracting developers, DAOs, and DeFi projects looking for robust cross-chain solutions.

Regarding the utility of the Hyperbridge token, $BRIDGE: A small fee for the BRIDGE token is required for transactions. So transactions such as cross-chain messages, storage requests, and state reads will use the token. Tokens collected as transaction fees are used to fund incentives and rewards for relayers and block producers. Therefore, the token should have zero inflation. The token will also be used for governance.

For more information, users can visit Hyperbridge (

About Hyperbridge

Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with on-chain and off-chain SDKs to securely send cross-chain messages (POST requests) and read on-chain storage (GET requests).

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About Polytope laboratories

Polytope Labs is a collective of researchers and engineers founded by the core developers of Ethereum, Polkadot and IBC. Focused on solving fundamental infrastructure issues that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. The team believes that Web3 is the next step in the evolution of the Internet and is fully committed to advancing truly decentralized technologies.

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