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      Hyperliquid Burns Tokens Worth $2.65 Million in 24 Hours

      Hyperliquid has repurchased and burned tokens valued at approximately $2.65 million in the past 24 hours, according to data from Onchain Lens monitoring. During this period, the company destroyed 32,770 HYPE tokens at an average price of $81.01 each.

      To date, Hyperliquid has burned a total of 48.57 million HYPE tokens, which is valued at around $3.82 billion based on current prices. This amount represents 4.86% of the maximum supply of HYPE tokens, indicating a significant reduction in the circulating supply.

      The token burn is part of Hyperliquid's strategy to manage its tokenomics and potentially increase the value of the remaining tokens in circulation.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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