Onchain Lens data cited by ChainCatcher shows Hyperliquid burned about $1.12 million in HYPE tokens over the past 24 hours. In the same period, the platform generated $1.41 million in fees. Cumulatively, Hyperliquid has now destroyed 47.57 million HYPE, worth approximately $2.64 billion, which equals 4.76% of the total 1 billion maximum supply.
ChainCatcher reports that on-chain data monitor Onchain Lens tracked Hyperliquid burning roughly $1.12 million worth of HYPE tokens over the past 24 hours. During the same period, the protocol generated $1.41 million in fees.
On a cumulative basis, Hyperliquid has burned 47.57 million HYPE, worth around $2.64 billion, or 4.76% of the 1 billion maximum token supply.
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