Hyperliquid burns approximately $891,000 worth of HYPE in the past 24 hours, total burned volume accounts for 4.96% of maximum supply

Per monitoring data, Hyperliquid repurchased and burned approximately 11,340 HYPE in the past 24 hours at an average price of $78.55, with a total value of around $890,900. During the same period, the platform's estimated fee revenue was approximately $764,900. As of now, the total cumulative burned volume of HYPE stands at around 49.63 million tokens, valued at roughly $3.9 billion at current prices, representing 4.96% of its maximum total supply of 1 billion tokens. In addition, Hyperliquid's total revenue over the past 30 days is approximately $69.94 million.

Source: PANewsRead original

HYPE