Hyperliquid burned about $1.75 million worth of HYPE in the past 24 hours

October 21 — According to monitoring by Onchain Lens, Hyperliquid repurchased and burned about 21,790 HYPE at an average price of $80.27 over the past 24 hours, worth about $1.75 million, while the platform's fee revenue over the same period was estimated at about $1.65 million. To date, HYPE has cumulatively burned about 49.69 million tokens, worth about $4.05 billion, accounting for 4.97% of its maximum supply of 1 billion tokens.