Odaily Planet Daily reports: Onchain Lens posted on X that Hyperliquid generated $1.4 million in fees over the past day and burned 20,600 HYPE tokens, worth $1.2 million. Historically, a total of 472.7 million HYPE tokens have been burned, valued at $2.76 billion, accounting for 4.73% of the maximum supply of 1 billion HYPE tokens.
Hyperliquid Generates $1.4M in Fees and Burns 20,600 HYPE Tokens in One Day
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Summary
Hyperliquid reports $1.4 million in fees and 20,600 HYPE tokens burned in a single day, valued at $1.2 million. The platform has now burned a total of 47.27 million HYPE tokens, amounting to $2.76 billion, or 4.73% of the 1 billion maximum supply. This activity coincides with ongoing announcements regarding token launches and increasing interest in new token listings across major exchanges.
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