Headquartered in Dubai and led by founder and CTO Toufi Saliba, Hypercycle is building the Hypercycle protocol, a system that enables real-time data exchange across thousands of blockchains. The platform launched its mainnet on 15 February 2026 alongside the release of the native $HYPE token and already hosts more than 500 decentralized applications. As of February 2026, the network reports a total value locked of $800 million and claims smart-contract execution speeds ten times faster than typical layer-1 chains. Supported by the Dubai Multi Commodities Centre (DMCC) and the Dubai Cryptocurrency Research Institute (VAR), the company is constructing a $100 million R&D center in Dubai Silicon Oasis and has hired over 200 engineers. Hypercycle’s roadmap includes integrating AGI and quantum-computing resources in the second half of 2026 and expanding into supply-chain, metaverse, and DeFi markets through partnerships such as its new agreement with Samsung SDS. Analysts expect the network’s TVL to surpass $2 billion by year-end, while the $HYPE token has appreciated 150 percent since listing.

Total raised

$35M

Funding rounds

1

Latest round

Series B

Latest activity

Mar 2026