BridgeRadar
Messaging protocol

Hyperlane

Hyperlane is a messaging system that anyone can add to any network without asking permission. The token built on it are called Warp Routes. Token issuers often use them to move their own tokens between networks.

Official website

How it works

  1. 1A message or token transfer goes to the Mailbox contract on the starting network. For Warp Routes, your tokens are locked or burned there.
  2. 2 sign the message, and a carries it to the destination network.
  3. 3On the destination network, a security check called the Interchain Security Module (ISM) verifies the message. Then your tokens are created or released.

Trust model

It depends on the app. Each one sets its own security check (ISM). Most often this is a : a small group of validators, and a set number of them must sign.

Strengths

  • New networks can connect without approval from a central team.
  • Security can be set up in different ways: multisig, optimistic (accepted unless challenged) or zero-knowledge proofs.

Limitations

  • The default setup relies on a validator multisig, a small group of signers.
  • Money is split across many separate Warp Routes, so each one may be shallow.