Hyperliquid buys back and burns 21,790 HYPE in 24 hours, cumulative burn reaches approximately $4.05 billion.

On October 21, data from Onchain Lens shows that Hyperliquid repurchased and burned 21,790 HYPE tokens at an average price of $80.27 over the past 24 hours (worth approximately $1.75 million), generating an estimated $1.65 million in fees during the same period. To date, Hyperliquid has cumulatively burned 49.69 million HYPE tokens (worth approximately $4.05 billion), accounting for 4.97% of the maximum supply of 1 billion.