Onchain Lens said Hyperliquid bought back and burned 112,580 HYPE over the past 24 hours at a volume-weighted average price of $90.2, putting the value of the burn at roughly $10.15 million. The tracker said the purchases may have been funded by AQAv2 revenue and fees. Over the same period, Hyperliquid’s estimated fees came to $989,000. The platform’s revenue was listed at $9.85 million over seven days and $52.06 million over 30 days. Cumulatively, 49.25 million HYPE have now been permanently removed from circulation, with an estimated value of about $4.45 billion. The figures were cited in an Odaily report referencing Onchain Lens monitoring.
According to Onchain Lens, Hyperliquid bought back and burned 112,580 HYPE over the past 24 hours at a volume-weighted average price of $90.2, valuing the burn at about $10.15 million.
The monitoring account said the purchases may have been funded by AQAv2 revenue and fees.
Onchain Lens also listed Hyperliquid’s estimated fees for the past 24 hours at $989,000, with revenue reaching $9.85 million over seven days and $52.06 million over 30 days.
In total, 49.25 million HYPE have now been permanently removed from supply, with an estimated value of about $4.45 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.