Hyperware
HYPR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
HYPR (Hyperware, formerly Kinode OS / Uqbar) is a sovereign peer-to-peer cloud computer and WebAssembly OS protocol deployed on Base. The project shows reasonable active development (score 6.0) with an active 49-repository GitHub organization, grant programs, and open RFPs. However, fundamental risks severely drag the project down across all other dimensions. Market traction is extremely poor (score 2.5), characterized by negligible daily volume (~$825), a micro-cap valuation (~$400k), and an 84% drawdown from all-time highs. Tokenomics (score 4.0) present major supply overhang risk, with approximately 94% of the 1 billion maximum supply non-circulating and over 58% concentrated among insiders and treasury without transparent unlock schedules. Governance and community participation remain low (score 3.0 and 4.5), with no verifiable organic engagement. Security (score 4.0) is weighed down by an unrecovered >50% price crash and a February 2025 operational security incident involving domain and social channel hijacking that forced a project rebrand from Kinode to Hyperware, despite completed audits by Spearbit and Enigma Dark with no on-chain exploit losses.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Hyperware (HYPR)
Hyperware (HYPR), formerly known as Kinode OS and originally Uqbar, is a sovereign peer-to-peer cloud computing and WebAssembly (Wasm) operating system protocol deployed on the Base blockchain. Developed by Sybil Technologies AG, an entity based in Zug, Switzerland, the platform is designed to support decentralized application execution and peer-to-peer networking, backed by developer grant initiatives and technical request-for-proposal (RFP) frameworks.
The HYPR token features a maximum fixed supply of 1 billion tokens. It serves multiple protocol functions, including reputation staking, time-locked governance voting, and namespace auctions that feature a native token burn mechanism. Protocol governance is structured through a customized OpenZeppelin decentralized autonomous organization (DAO) framework that utilizes sub-linear time-locked voting and quarterly incentives.
The project faces notable structural and market challenges. In February 2025, the project rebranded from Kinode to Hyperware following an operational security incident in which its domain and social media channels were compromised, though no on-chain funds were reported lost. Furthermore, the token has experienced an approximate 84% price drawdown from its all-time high, trades with minimal daily liquidity, and carries supply overhang risks, with approximately 94% of the total supply non-circulating and over 58% concentrated among insiders and the project treasury without a publicly verifiable unlock schedule.