Hyperliquid Burns 47.3M HYPE Worth $2.68B, Reaching 4.73% of Max Supply

Hyperliquid destroys 47.3M HYPE tokens valued at $2.68B, representing 4.73% of the 1B max supply, with recent daily burns totaling $667,900.

Woofun AI data shows that Hyperliquid recently processed $743,900 in fees, resulting in the destruction of 11,780 HYPE tokens valued at $667,900. The protocol has cumulatively burned 47.3 million HYPE, equivalent to $2.68 billion, which constitutes 4.73% of the 1 billion maximum supply.