Yonkers officially launched its new bike sharing program Monday.

Mayor Mike Spano kicked off the first dock-free biking sharing program in the New York metro area, and was joined by transportation advocates and biking enthusiasts down by the Yonkers waterfront.

Created by smart mobility company Lime,  the bikes are equipped with GPS and are 3-G enabled.

To borrow a bike, riders need to download the Lime app on their smartphone. Once they have the app, they scan the barcode on a bike to use it.

There are currently 500 Lime bikes across Yonkers, and there are plans to have 1,000 in about a week.

A ride on a Lime bike will cost $1 for 30 minutes.

Officials at Lime say less than 1 percent of their bikes are ever vandalized or stolen.