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Hyperliquid buys and burns 17,710 HYPE worth $1.39 million

  • Hyperliquid bought and burned 17,710 HYPE over the past 24 hours.
  • The purchase used a $78.37 VWAP and totaled approximately $1.39 million.
  • Hyperliquid has permanently removed 48.6 million HYPE, equal to 4.86% of maximum supply.

Hyperliquid bought and burned 17,710 HYPE over the past 24 hours at a volume-weighted average price (VWAP) of $78.37, spending about $1.39 million. The move brings the cumulative amount of HYPE permanently removed from circulation to 48.6 million tokens, currently valued at about $3.88 billion. That represents 4.86% of HYPE's maximum supply of 1 billion tokens, according to monitoring by Onchain Lens.

HYPE
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Hyperliquid buys and burns 17,710 HYPE worth $1.39 million - CoinPost Terminal