Hyperliquid repurchased and burned 15,300 HYPE tokens worth $1.32 million over the past 24 hours, according to Onchain Lens. The average burn price was $86.17. Cumulative burns now total 48.45 million HYPE, representing 4.84% of maximum supply, valued at $4.11 billion.
Hyperliquid just carried out another token buyback-and-burn round, wiping out 15,300 HYPE worth about $1.32 million over the past 24 hours, based on data from on-chain tracking platform Onchain Lens.
The buyback went through at an average price of $86.17 for each token. Right now, Hyperliquid’s total burned amount has reached 48.45 million HYPE, valued at about $4.11 billion at current market prices. That equals 4.84% of the token’s maximum supply.
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