Hyperliquid burns 8,570 HYPE in 24 hours, cumulative burn reaches 46.17 million

Hyperliquid burns 8,570 HYPE in 24 hours, cumulative burn reaches 46.17 million

N
News Editor
2026-08-01 18:11:01
Onchain Lens said Hyperliquid’s HYPE burn activity slowed over the weekend compared with weekdays. In the past 24 hours, the protocol burned 8,570 HYPE, worth about $449,400. Over the same period, it allocated $1.45 million in revenue to the Assistance Fund. Historical cumulative HYPE burns have now reached 46.17 million tokens, valued at about $2.4 billion. That figure represents 4.62% of the token’s 1 billion maximum supply. The update offers a fresh snapshot of Hyperliquid’s burn pace and the scale of tokens removed from circulation so far.

According to monitoring by Onchain Lens, Hyperliquid’s HYPE burn volume was lower over the weekend than on weekdays. Over the past 24 hours, the protocol burned 8,570 HYPE, worth about $449,400.

During the same period, the protocol allocated $1.45 million in revenue to the Assistance Fund.

In total, cumulative HYPE burns have reached 46.17 million tokens, valued at about $2.4 billion, equal to 4.62% of the token’s 1 billion maximum supply.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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