Hyperliquid to unstake 6.93 million HYPE in seven days as burns reach 47.3 million

Onchain Lens said 3.3 million HYPE is scheduled to be unstaked on July 30, potentially a record daily release, while the protocol also reported $743,900 in daily fees and continued token burns.

HYPE

Summary

Hyperliquid is scheduled to unstake 6.93 million HYPE worth about $415.2 million over the next seven days, according to data cited by Onchain Lens, with 3.3 million HYPE worth roughly $197.53 million due on July 30. If that timeline holds, the July 30 release would be the largest single-day unstaking on record for HYPE. Separately, Onchain Lens said Hyperliquid generated $743,900 in fees over the past day and burned 11,780 HYPE worth about $667,900, bringing cumulative burns to 47.3 million tokens valued at $2.68 billion, or 4.73% of the token’s 1 billion maximum supply.

Terms & Concepts
  • HYPE: Hyperliquid’s native token.
  • unstaking: Withdrawing previously staked tokens back into circulation.
  • token burns: Permanent removal of tokens from supply.