Trading activity:
Reported 24-hour volume equals 3.64% of market capitalization. The local markets snapshot lists CaviarNine, DefiPlaza (Radix) and Ociswap among venues with observed trading activity.
YearBull indicators:
Bull Score 0/100.
YB Market Risk —. This relative market-volatility label is not an investment-safety assessment.
Observed price change: 24h -27.69% · 7d -27.76% · 30d -29.99%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-02-06.Data history: 34 daily observations available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Hyperlane Bridged WBTC (Radix) (HWBTC)?
Source description
“Wrapped BTC bridged by Hyperlane. hWBTC is not a standalone project or token—it's a wrapped asset that reflects locked wBTC and exists to support cross-chain activity. Hyperlane is an interoperability protocol that allows anyone to deploy bridging infrastructure to any supported chain. Using Hyperlane’s Mailbox and Interchain Security Modules (ISMs), hWBTC is minted on destination chains when the equivalent amount of USDC is locked on the source chain.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Hyperlane Bridged WBTC (Radix) (HWBTC) FAQ
How does hWBTC represent bridged value across chains?
The project presents hWBTC as a wrapped asset rather than a standalone token ecosystem. It is intended to reflect locked wBTC while existing on a destination chain for cross-chain activity. The stated model involves minting hWBTC on the destination chain when an equivalent amount of USDC is locked on the originating chain.
What role does Hyperlane play in hWBTC’s operation?
Hyperlane is described as an interoperability protocol that lets users deploy bridging infrastructure to supported chains. For hWBTC, its infrastructure provides the cross-chain messaging and verification framework associated with moving value between chains, rather than defining hWBTC as an independent blockchain or separate application.
How are Hyperlane Mailboxes involved with hWBTC?
The project identifies Hyperlane’s Mailbox as part of the infrastructure used for hWBTC. A Mailbox handles cross-chain message passing between participating networks, helping coordinate actions such as recognizing an asset movement and minting the corresponding wrapped representation on another chain.
What function do Interchain Security Modules serve for hWBTC?
Hyperlane’s Interchain Security Modules, or ISMs, are presented as a security component for cross-chain messages. They determine how messages are authenticated or validated within the bridging setup. In hWBTC’s case, this framework supports the process connecting locked collateral with the creation of the destination-chain representation.
Which network hosts hWBTC, and why does that matter?
hWBTC is listed on Radix. Its presence there gives users a wrapped representation intended for activity within the Radix ecosystem while relying on Hyperlane’s interoperability infrastructure for cross-chain coordination. The project frames the token as a bridge-oriented asset, not as a native Radix currency or standalone protocol.
Hyperlane Bridged WBTC (Radix) metric comparison
This comparison is a stored snapshot generated 2026-10-23 06:31 UTC from 34 daily observations available from 2025-12-30 through 2026-02-06. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$63,516
$90,725
n/a
-30.0%
n/a
Market cap
$866.9K
$1.17M
n/a
-26.1%
P53.1
YearBull Rank
#2,404
#3,247
n/a
Improved 843
P57.3
Bull Score
60/100
52/100
n/a
+8.0 pts
P68.2
Turnover
3.64%
0.65%
n/a
+3.0 pts
P53.2
YB Market Risk
Low
Low
n/a
Unchanged
n/a
Cycle
Early
Mid
n/a
Mid → Early
n/a
Median absolute daily movement 1.62%; distance from the highest local daily price -35.4%; circulating supply change 0.0%. These measurements are descriptive and do not predict future direction.
YearBull Rank update
Newest YearBull Rank value for hyperlane-bridged-wbtc-radix: #2404.
Rank timeline (last 365 days)
Rank movement (nearest daily data).
Reading rule: a smaller rank number indicates stronger placement.
7d window: no reference point available.
30d window: no reference point available.
Risk profile: a calm line with small steps can be healthier than spikes. If the last week is quiet, the current rank is usually easier to trust.
Cycle framing: phase changes usually leave a footprint in consistency. If 7d and 30d disagree, treat it as a transition window.
Liquidity posture: deep markets usually produce smoother rank paths. If the line drifts, liquidity may be gradually shifting.
Market structure: one venue can dominate the profile in short windows. If the line range widens, access or routing may be changing.
Practical note: use 30d for context and 7d for current pressure.
YearBull Rank is a relative placement score used on YearBull to compare a coin against peers within the same dataset. A smaller rank number indicates a stronger position at that moment.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
Stored venue snapshot. Markets last checked: 2026-07-27. Updated on a rolling basis; no fixed refresh date is promised. Venue listings and volumes are stored snapshots, not live quotes.
Current YearBull daily analytics are not available for this asset yet; market listings have separate freshness.
