Odaily Planet Daily reports that Onchain Lens posted on X that Hyperliquid burned HYPE worth approximately $643,100 in the past 24 hours. During the latest reporting period, $513,800 in revenue was distributed to the Assistance Fund and HYPE holders. The total historical burn volume amounts to 46.18 million HYPE, valued at approximately $2.43 billion, representing 4.62% of the maximum supply of 1 billion HYPE.
Hyperliquid liquidates $643,100 worth of HYPE over 24 hours
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Summary
Latest crypto news shows Hyperliquid burned $643,100 worth of HYPE tokens over 24 hours. $513,800 in revenue was allocated to the Assistance Fund and token holders. Total burns now amount to 46.18 million HYPE, valued at $2.43 billion, or 4.62% of the 1 billion maximum supply. Latest altcoin updates highlight ongoing token reductions.
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