Hyperliquid burns 26,310 HYPE worth $2.42M in a day
- —26,310 HYPE burned for $2.42M at an average price of $91.86
- —48.76M HYPE destroyed in total, worth $4.5B — 4.88% of supply
- —30-day revenue — $64.34M, all-time — $1.26B
Why it matters: Regular buybacks and burns reduce HYPE supply, supporting token scarcity amid growing protocol revenue.
Source: PANews