Hyperliquid Burns 10,400 HYPE Tokens Worth $956,800 in 24 Hours

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Hyperliquid burned 10,400 HYPE tokens in 24 hours at a volume-weighted average price of $91.97, totaling $956,800. The token transaction volume reflects ongoing buyback efforts. The platform has now destroyed 48.96 million HYPE tokens, valued at $4.48 billion, or 4.9% of the maximum supply. Its 30-day trading volume stands at $58.27 million.

Odaily Planet Daily reports, according to Onchain Lens monitoring, Hyperliquid purchased and burned 10,400 HYPE tokens over the past 24 hours at a volume-weighted average price of $91.97, valued at approximately $9.568 million. In total, it has burned 489.6 million HYPE tokens, valued at approximately $4.48 billion, representing 4.9% of the maximum supply; revenue over the past 30 days amounted to $58.27 million.

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