Hyperliquid Burns 49.87 Million HYPE, 4.99% of Maximum Supply

Hyperliquid’s permanent HYPE burns total 49.87 million tokens, equal to 4.99% of the token’s 1 billion maximum supply. The latest 24-hour burn totaled 19,700 HYPE. The latest burned tokens were valued at about $1.59 million. Estimated fees for the same 24-hour period were $1.69 million. Cumulative revenue reached $1.38 billion, and the total burned HYPE was valued at about $3.89 billion. The revenue figure is a historical total, while the fee estimate covers one day. The previous cumulative burn total was 49.69 million HYPE .

Source: TokenPost