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Monitoring
Project status
Editorial update: 2026-10-10.
News · Bitcoin Hyper Testnet
Testnet release schedule
The team announced a phased release over six weeks. The announced schedule and verified availability are shown separately.
Week 1
Testnet network and RPC
Available
Access point for querying the test network.
Week 2
Explorer
In developmentRelease planned in the team’s programme
Explorer: view network activity and state.
Week 3
Wallet
In developmentRelease planned in the team’s programme
Wallet: view native HYPER balances on the testnet.
Week 4
Faucet
In developmentRelease planned in the team’s programme
Faucet: obtain trial tokens for testing.
Week 5
Bridge
In developmentRelease planned in the team’s programme
Bridge: test connections with Ethereum, Solana and Bitcoin.
Week 6
Staking dashboard
In developmentRelease planned in the team’s programme
Dashboard for staking tests.
Green: RPC verified reachable. Yellow: planned release, not yet verified available. “In development” describes the announced programme, not a technical check of development.
Weeks are relative to the team’s announcement, not firm dates. This programme is separate from the 2027 roadmap.
SolidProof / Coinsult; no fully public audit was identified for the protocol or the bridge
RPC Testnet
Available
Network observation through RPC
Status of the key components
New: the testnet RPC is available and the ecosystem is opening progressively. The other cards retain the earlier devnet picture; they do not confirm that the same tools are already available on the new testnet.
✓ On devnet
SVM execution layer
According to the project's documentation, SVM programs run natively on the devnet. The project states that SPL tokens, escrow mechanisms and multi-signature configurations have been tested.
◉ Under way
Sequencer (centralised)
According to the project, it is operational on the devnet. At mainnet launch it is expected to be centralised and maintained by the team.
✓ On devnet
Devnet explorer
The project maintains a public devnet explorer.
◎ In development
Canonical bridge
According to the project's documentation, the canonical bridge is under testing on the devnet. The forced-exit function is not yet implemented, and the initial custody model is federated.
◎ In development
Anchoring to Bitcoin
The documentation describes anchoring via OP_RETURN or Taproot. Adaptive frequency is still under development.
◎ In development
Data availability
The definitive solution is still under study. Among the approaches explored are external data-availability layers, erasure coding and distributed nodes.
○ Planned
Forced inclusion and forced exit
A censorship-resistance mechanism. Still under development and not available on the devnet.
◎ In development
Proving system (ZK/fraud)
The project states that it is developing a hybrid model combining fraud proofs and validity proofs. According to its documentation, this system would not be active at initial launch.
○ Planned
Security audits
Public audits have been identified for the token contract, notably by SolidProof and Coinsult. The SolidProof audit explicitly relates to a single token contract and not to the Layer 2 protocol, the bridge or other contracts. No fully public audit of the protocol or the bridge was identified in this analysis.
◉ In progress
Public Testnet
The team has announced the testnet RPC and a progressive rollout of explorer, wallet, faucet, bridge and staking. Our independent observatory reads network activity without requiring a wallet.
○ Planned
Mainnet
The initial plan, as described by the project, comprises a centralised sequencer and a federated bridge. Launch depends in particular on completion of the audits and the canonical bridge.
○ Planned
Sequencer decentralisation
The roadmap envisages a period of 2–4 years after mainnet: rotation, auctions and leader election.
Timeline of key updates
October 2026Public Testnet · RPC
The testnet opens to the community. The team has announced the testnet RPC and a progressive rollout of explorer, wallet, faucet, bridge and staking. Read the official announcement ↗
July 2026Book
Release of the English edition of Volume I of the book ‘Due Diligence of a Layer 2 – The Bitcoin Hyper Case’ by Michele Stefanelli: an independent technical analysis of the project — 523 pages and 24 chapters; the complete work comprises 36 chapters.
March 2026Team announcement
According to a communication published by the project, the definitive data-availability solution was still under study, and several approaches had been explored.
Late 2025Devnet
According to the project's documentation, SVM programs run natively, with an active explorer and the first tests of DeFi implementations, SPL tokens, escrow and multi-signature with selected developers.
Q2–Q4 2025Presale and staking
The $HYPER token is offered through a public, phased presale. According to the project, staking is active, and a selective devnet is open to certain partners and developers.
Q2 2025Foundation
Initial architecture, whitepaper v1, and formation of the core team.
Automated contract review
GoPlusLabs · May 2026
✓ Data collected
✓
Source code verifiedSource code published and verified on BscScan
✓
No proxyThe contract cannot be upgraded through a proxy pattern
✓
No mint functionNew tokens cannot be created after deployment
No hidden ownerNo concealed ownership-transfer function
✓
No self-destructThe contract cannot be destroyed unilaterally
✓
No blacklistNo mechanism to block specific addresses
✓
No whitelistNo selective restriction on transfers
✓
0% fee on buy, sell and transferNo fee is charged on transactions
✓
Fees cannot be modifiedFees cannot be raised after deployment
✓
Anti-whale mechanism not modifiableThe team cannot change the holding limit
⚠ Points requiring particular attention
⚠
Risk on external callsThe contract makes external calls. GoPlusLabs flags the risk of re-entrancy or unexpected behaviour if its dependencies are updated.
⚠
Possible honeypotThe automated GoPlusLabs check returned a possible-honeypot indicator during simulation. It was not possible to verify a sale independently.
⚠
Anti-whale mechanism presentAn anti-whale mechanism — a holding limit — is present, although it cannot be modified. This may affect liquidity in the early phase.
Editorial note
The automated GoPlusLabs checks are not a substitute for a formal audit carried out by a specialised independent firm (for example CertiK, Quantstamp or Hacken). The “possible honeypot” indicator requires manual verification: a contract may return a positive result in simulation because of conditional logic tied to liquidity or to a lock. The absence of a mint function and the renouncement of ownership are structurally positive indicators, but they do not guarantee the overall security of the protocol, which also depends on the canonical bridge, staking and governance — none of which were examined in this analysis. Moreover, this automated check must be distinguished from the token-contract audits on Ethereum published by specialised firms.
Data retrieved through the GoPlusLabs Token Security API (BSC chain 56) — May 2026. This review is updated manually; for the most recent data please consult the GoPlusLabs and BscScan services.
Points to monitor
The next key milestones, in order of importance:
1. Publication of full audits of the Layer 2 protocol and the bridge, carried out by recognised independent firms
2. Definition and documentation of the data-availability solution
3. Implementation and testing of forced inclusion and forced exit on the testnet
4. Opening of the public testnet to non-selected developers
5. Publication of the technical specifications for sequencer decentralisation
6. Publication of the GitHub repository for the core code