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Hyperliquid Proposes Burning 13% of Circulating HYPE Supply

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HYPE
$24.7654.03%
Hyperliquid’s foundation has proposed burning 13% of circulating HYPE tokens, or 920 million, from the HYPE Assistance Fund and future inflows. The move aims to boost scarcity and support price. Validator voting starts December 21 at 04:00 UTC, with results on the 24th. On-chain data shows HYPE’s price dropped over 10% in 24 hours, trading above $24. The token remains on many altcoins to watch lists.
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