We propose herein a novel discrete hyperchaotic map based on the mathematical model of a cycloid, which produces multistability and infinite equilibrium points. Numerical analysis is carried out by means of attractors, bifurcation diagrams, Lyapunov exponents, and spectral entropy complexity. Experimental results show that this cycloid map has rich dynamical characteristics including hyperchaos, various bifurcation types, and high complexity. Furthermore, the attractor topology of this map is extremely sensitive to the parameters of the map. The x--y plane of the attractor produces diverse shapes with the variation of parameters, and both the x--z and y--z planes produce a full map with good ergodicity. Moreover, the cycloid map has good resistance to parameter estimation, and digital signal processing implementation confirms its feasibility in digital circuits, indicating that the cycloid map may be used in potential applications.