Hyperliquid burned more HYPE over the past 24 hours, according to data tracked by Onchain Lens. The monitoring account said the protocol generated $743,900 in fees during the period and burned 11,780 HYPE worth $667,900. The latest burn adds to a much larger cumulative total. Onchain Lens said Hyperliquid has now burned 47.3 million HYPE in total, with that amount valued at $2.68 billion based on the figures cited in the update. The burned tokens account for 4.73% of HYPE’s maximum supply of 1 billion tokens. The figures point to continued token removal tied to protocol activity, with both the daily fee number and the burn amount disclosed in the same update. No additional timeframe beyond the past day was provided for the latest fee and burn data.
Hyperliquid generated $743,900 in fees over the past day and burned 11,780 HYPE worth $667,900, according to monitoring data shared by Onchain Lens.
Onchain Lens said Hyperliquid has now burned a cumulative 47.3 million HYPE valued at $2.68 billion. That total represents 4.73% of the token’s 1 billion maximum supply.
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