Fuel and Future FuelVM Rollups Get Permissionless Interoperability Support from Hyperlane

Published on: 24.05.2023

Hyperlane is thrilled to be collaborating with Fuel Labs to bring Permissionless Interoperability to the Fuel ecosystem, enabling a simple and permissionless approach to connect with current blockchains to enroll users.

Fuel is the fastest modular execution layer, leveraging the modular blockchain stack for data availability and more efficient execution. In contrast to existing rollups that optimize for monolithic problems such as constrained bandwidth, Fuel specializes in execution.

Fuel delivers a more performant VM while remaining compatible with Ethereum.

How Hyperlane Compliments Fuel

With Hyperlane’s Permissionless Interoperability now FuelVM-supported, Fuel stakeholders don’t need to worry. Fuel users and devs can now explore Hyperlane’s unique features:

  • Permissionless Deployments of Hyperlane to any chain. In this case, any future FuelVM rollup can permissionlessly deploy Hyperlane to their chain for their interoperability needs.
  • Permissionless bridging of any asset from any Hyperlane-supported chain with Warp Routes. This is especially important for onboarding users and liquidity from existing chains.
  • Interchain applications, where your app can share state and liquidity with other instances on any Hyperlane-supported chain. This can significantly improve the user experience by moving complex bridging and chain-switching concepts to the backend.

About Hyperlane

Hyperlane is the first Permissionless Interoperability layer, enabling anyone to bring the Hyperlane interoperability stack to any blockchain, out-of-the-box. With Hyperlane, developers can build Interchain Applications, apps that abstract away the complexity of interchain interactions and serve users on any connected chain. Additionally, Hyperlane’s modular security stack gives developers the power to customize their interchain security.

SOURCE:

https://medium.com/hyperlane/hyperlane-expands-permissionless-interoperability-support-to-fuel-and-future-fuelvm-rollups-173cd977943f

Market Stats:
BTC Dominance: 59.84%(-0.32%/24h)
ETH Dominance: 12.62%(-0.14%/24h)
Defi Market Cap: $83.13B(-27.69%/24h)
Total Market Cap: $2959.54B(-1.08%/24h)
Total Trading Volume 24h: $214.71B(-29.38%/24h)
ETH Market Cap: $373.27B
Defi to ETH Ratio: 22.27%
Defi Dominance: 2.69%
Altcoin Market Cap: $1188.53B
Altcoin Volume 24h: $130.28B
Total Cryptocurrencies: 32220
Active Cryptocurrencies: 10061
Active Market Pairs: 89372
Active Exchanges: 760
Total Exchanges: 9575
BTC: 89573.89$(0.5%/1H)
ETH: 3104.93$(0.15%/1H)
AVAX: 32.28$(0.11%/1H)
BNB: 623.34$(0.07%/1H)
MATIC: 0.36$(-0.3%/1H)
FTM: 0.71$(0.56%/1H)
ADA: 0.61$(-0.77%/1H)
DOT: 4.95$(0.32%/1H)
UNI: 8.29$(0.11%/1H)
CAKE: 1.8$(-0.01%/1H)
SUSHI: 0.72$(-0.03%/1H)
ONE: 0.01$(0.11%/1H)