Odaily Planet Daily reports, according to Onchain Lens monitoring, Hyperliquid burned approximately $1.11 million worth of HYPE in the past 24 hours. During the latest reporting period, $1.16 million in revenue was directed to the Assistance Fund. Historically, a total of 46.22 million HYPE tokens have been burned, valued at approximately $2.56 billion, representing 4.62% of the maximum supply of 1 billion tokens.
Hyperliquid Burns $1.1M in HYPE Within 24 Hours, Total Burn Value Reaches $2.56B
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Summary
Latest crypto news: Hyperliquid burned $1.1 million worth of HYPE tokens over the past 24 hours, according to Onchain Lens. The platform also allocated $1.16 million in revenue to the Assistance Fund. The total burned HYPE now amounts to 46.22 million tokens, valued at $2.56 billion, or 4.62% of the 1 billion maximum supply. Latest altcoin updates show consistent token destruction as part of its ongoing burn strategy.
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