Hyperliquid burned $2.42 million worth of HYPE in the past 24 hours, according to monitoring data cited by BlockBeats from OnchainLens. The tokens were bought at a weighted average price of $91.86, with a total of 26,310 HYPE removed from circulation during the period. OnchainLens said cumulative HYPE burns have now reached 48.76 million tokens, valued at about $4.5 billion, equal to 4.88% of the token’s maximum supply. The update also included revenue figures for the protocol. Hyperliquid generated $64.34 million in revenue over the past 30 days, bringing cumulative revenue to $1.26 billion. The figures point to continued token burn activity alongside rising protocol income, based on the data shared in the monitoring update on Sept. 19.
Hyperliquid burned $2.42 million worth of HYPE over the past 24 hours, according to OnchainLens data cited by BlockBeats on Sept. 19.
The tokens were purchased at a weighted average price of $91.86, and the total amount burned came to 26,310 HYPE.
Cumulative HYPE burns now stand at 48.76 million tokens, worth about $4.5 billion. That equals 4.88% of the token’s maximum supply.
On the revenue side, Hyperliquid generated $64.34 million over the past 30 days, lifting cumulative revenue to $1.26 billion.
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