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Hyperliquid Burns 21,790 HYPE in 24 Hours as Total Reaches 49.69 Million

The latest batch averaged $80.27 per token and was valued at about $1.75 million; estimated fees for the period were $1.65 million.

Updated 1 min read
A token segment is removed from a larger supply ring in an editorial graphic. / TokenPost.ai
A token segment is removed from a larger supply ring in an editorial graphic. / TokenPost.ai

The cumulative burned total for Hyperliquid (HYPE) reached 49.69 million tokens, or 4.97% of its one billion maximum supply, after another 21,790 tokens were purchased and destroyed over the latest 24-hour period.

The latest batch had an average purchase price of $80.27 and a value of about $1.75 million. Estimated fees during that 24-hour window came to $1.65 million.

The cumulative 49.69 million HYPE burn was worth about $4.05 billion. The $4.05 billion valuation changes with HYPE's market price; the cumulative reported burn is 49.69 million tokens.

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