Hyperliquid generated $1.4 million in fees over the past 24 hours and burned 20,600 HYPE worth $1.2 million, according to a post by Onchain Lens on X. The update also said the protocol has burned a cumulative 47.27 million HYPE so far, valued at $2.76 billion. That total represents 4.73% of the token’s 1 billion maximum supply. The figures outline both the platform’s latest fee intake and the scale of HYPE removed from circulation to date. Odaily carried the update in a newsflash item.
Hyperliquid generated $1.4 million in fees over the past day and burned 20,600 HYPE worth $1.2 million, according to an X post cited by Odaily from Onchain Lens.
On a cumulative basis, 47.27 million HYPE have been burned, with a stated value of $2.76 billion. That equals 4.73% of the token’s 1 billion maximum supply.
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