Hyperliquid generated about $2.07 million in protocol fees over the past 24 hours, according to data cited by Onchain Lens on July 30. During the same period, the protocol burned 21,080 HYPE, valued at roughly $1.16 million at current prices. The figures point to another active day for the platform’s revenue and token burn mechanism.
So far, Hyperliquid has burned a total of 46.1 million HYPE, worth about $2.54 billion. That amount represents 4.61% of HYPE’s maximum supply of 1 billion tokens. The update was reported by BlockBeats, citing Onchain Lens data.
Hyperliquid generated about $2.07 million in protocol fees in the past 24 hours, according to Onchain Lens data cited by BlockBeats on July 30.
Over the same period, the protocol burned 21,080 HYPE, worth about $1.16 million at current prices.
To date, Hyperliquid has burned a total of 46.1 million HYPE valued at about $2.54 billion, equal to 4.61% of HYPE’s maximum supply of 1 billion tokens.
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.