A 24-hour batch saw Hyperliquid acquire and burn 21,040 Hyperliquid (HYPE) tokens, adding to a reduction in the crypto asset's available supply during the reported period.
The tokens' average purchase price was $77.93 apiece, putting the batch's reported value at about $1.64 million.
The Assistance Fund's broader fee-to-burn system uses protocol fees to acquire HYPE before the tokens are destroyed. An earlier EconoTimes report on the cumulative burn tally put it at 49.87 million HYPE, or 4.99% of the token's one billion maximum supply.
