Onchain analyst Onchain Lens said Hyperliquid bought back and burned 17,710 HYPE in the past 24 hours at a volume-weighted average price of $78.37, with the transaction valued at about $1.39 million. The latest figures also pushed HYPE’s cumulative burn total to 48.6 million tokens. Based on the current price cited in the update, that amount is worth about $3.88 billion. The burned supply now accounts for 4.86% of HYPE’s 1 billion maximum supply. The data was attributed to Onchain Lens (@OnchainLens) and reported by ChainCatcher as an on-chain monitoring update.
Hyperliquid bought back and burned 17,710 HYPE over the past 24 hours at a volume-weighted average price of $78.37, according to on-chain analyst Onchain Lens (@OnchainLens). The transaction was valued at about $1.39 million.
With that activity, HYPE’s cumulative burn total has reached 48.6 million tokens. Based on the current price cited in the update, the burned amount is worth about $3.88 billion, equal to 4.86% of HYPE’s 1 billion maximum supply.
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