According to monitoring data from Onchain Lens, Hyperliquid bought and burned 112,580 HYPE in the past 24 hours at a volume-weighted average price of $90.2, with the transaction valued at about $10.15 million. The funds may have come from AQAv2 revenue and fees. The same data set showed estimated fees of $989,000 over 24 hours, revenue of $9.85 million over seven days, and $52.06 million over 30 days. In total, 49.25 million HYPE, worth about $4.45 billion based on the figures cited, has now been permanently removed from circulating supply.
According to ChainCatcher, citing monitoring by Onchain Lens, Hyperliquid bought and burned 112,580 HYPE over the past 24 hours at a volume-weighted average price, or VWAP, of $90.2. The purchase was valued at about $10.15 million, and the funds may have come from AQAv2 revenue and fees.
Data cited in the report showed estimated 24-hour fees of $989,000. Seven-day revenue was listed at $9.85 million, while 30-day revenue reached $52.06 million.
That brings the cumulative amount of HYPE permanently removed from circulating supply to 49.25 million tokens, worth about $4.45 billion based on the figures in the report.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
