Hyperliquid burned about $760,210 worth of HYPE over the past 24 hours, according to data cited by Onchain Lens on Aug. 3. In the latest reporting cycle, the protocol generated about $777,200 in revenue, which was allocated to the Assistance Fund and HYPE holders.
The cumulative amount of HYPE burned has now reached 46.19 million tokens. Based on current valuation, that total is worth about $2.5 billion. The figure represents 4.62% of HYPE’s maximum supply of 1 billion tokens.
The update highlights the latest burn activity tied to Hyperliquid’s operating revenue and token distribution framework, as reflected in the data shared by Onchain Lens.
Hyperliquid burned about $760,210 worth of HYPE in the past 24 hours, according to data cited by Onchain Lens on Aug. 3.
In the latest reporting cycle, Hyperliquid generated about $777,200 in revenue. The data showed that this amount was allocated to the Assistance Fund and HYPE holders.
So far, the cumulative amount of HYPE burned has reached 46.19 million tokens. At current valuation, that total is worth about $2.5 billion, equal to 4.62% of HYPE’s maximum supply of 1 billion tokens.
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