Onchain Lens data shows Hyperliquid burned roughly $1.12 million worth of HYPE over the past 24 hours while generating $1.41 million in fees during the same period. Cumulative burns have reached 47.57 million HYPE, valued at approximately $2.64 billion, representing 4.76% of the 1 billion maximum supply.
Hyperliquid burned about $1.12 million worth of HYPE in the last 24 hours, while generating $1.41 million in fees over that same stretch, according to on-chain tracking platform Onchain Lens.
Total burn now stands at 47.57 million HYPE, worth around $2.64 billion. Put another way, that is 4.76% of the 1 billion maximum supply.
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.
