Wu Blockchain · 2026-10-29 03:51 UTC

Hyperliquid's HYPE Token Burns Near 5% of Maximum Supply, Worth $3.89 Billion Hyperliquid has cumulatively bought back and burned approximately 49.87 million HYPE tokens, equivalent to 4.99% of its 1 billion maximum supply and valued at roughly $3.89 billion at current prices. Over the past 24 hours, another 19,700 HYPE worth $1.59 million were reportedly burned, while estimated protocol fees reached $1.69 million. Cumulative protocol revenue stands at approximately $1.38 billion.

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