Hyperliquid repurchased and burned approximately $891,000 worth of HYPE in the past 24 hours, bringing its cumulative burn to around 49.63 million tokens.

On October 18, according to Onchain Lens monitoring, Hyperliquid repurchased and burned 11,340 HYPE over the past 24 hours at an average price of $78.55, worth approximately $890,900.

To date, Hyperliquid has cumulatively burned approximately 49.63 million HYPE, valued at around $3.9 billion at current prices, accounting for 4.96% of its 1 billion maximum supply.