Onchain Lens said in a post on X that Hyperliquid burned 25,900 HYPE over the past 24 hours, with the tokens valued at about $1.4 million. Over the same period, the protocol generated $2.67 million in fees.
The post also said cumulative HYPE burned has reached 46.13 million tokens, worth about $2.53 billion. Based on the figures provided, that amount equals 4.61% of HYPE’s maximum supply of 1 billion tokens.
The update focuses on two disclosed metrics: recent token burns and protocol fee generation over the last day, alongside the cumulative burn total and its share of maximum supply. The figures were attributed to Onchain Lens and were published via X, according to Odaily.
Odaily reported that Onchain Lens said in a post on X that Hyperliquid burned 25,900 HYPE over the past 24 hours, worth about $1.4 million. During the same period, the protocol generated $2.67 million in fees.
On a cumulative basis, total HYPE burned has reached 46.13 million tokens, with an estimated value of about $2.53 billion. That equals 4.61% of the token’s maximum supply of 1 billion, based on the figures in the post.
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