
Cyberperp, a decentralized spot and perpetual exchange (DEX) that runs on the IOTA EVM and the IOTA L1 mainnet, reported a technical decision on January 7th: its own native bridge should enable CYB transfers between the IOTA EVM and the IOTA mainnet.
In parallel, the team announced staking and liquidity functions on a mainnet basis and adjusted the fee logic. In one Update via X the Cyberperp team writes:
“We have deployed our own native CYB bridge, enabling seamless transfers of CYB between the IOTA EVM and the IOTA mainnet. CYB–IOTA staking is now live on the mainnet, allowing users to stake and earn directly on the network.”
The team is thus reporting two innovations: firstly, the technical route for CYB between the EVM execution environment and the L1 mainnet, secondly, the activation of a staking function (“stake and earn”) directly on the mainnet.
In another article via X, the team addresses the liquidity side and the distribution logic. Cyberperp writes:
“You can now add liquidity via ‘Zap’ and earn fees on both mainnet and EVM. This makes participation across ecosystems easier and more efficient. Fee distribution has also been updated. Fees are now distributed once a week, with a rolling distribution model instead of daily snapshots.”
The announcement comes at a phase in which IOTA itself is prioritizing interoperability with other blockchain ecosystems. As CNF reported, IOTA integrated LayerZero and Stargate into the mainnet in December, expanding cross-chain connectivity to 150+ networks.
Via X, Stargate announced at the time that CYB would be the first cryptocurrency that can be transferred between IOTA and supported blockchains. Further cryptocurrencies were promised.
In its annual review for 2025 and the outlook for 2026, the IOTA Foundation mentioned Cyberperp by name. While the connection to LayerZero and Stargate was highlighted at the infrastructure level, the IOTA Foundation pointed to a growing DeFi stack with Cyberperp, Swirl, Virtue, Pools DEX and Liquidlink.
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