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Hyperliquid Burns 21,040 HYPE Tokens Worth About $1.64 Million

The average price was $77.93.

A metal token glows inside a ceramic crucible / TokenPost.ai
A metal token glows inside a ceramic crucible / TokenPost.ai

Hyperliquid bought and burned 21,040 Hyperliquid (HYPE) tokens over 24 hours, worth about $1.64 million.

The average price was $77.93. Hyperliquid’s Assistance Fund converts protocol fees into HYPE and burns the tokens, permanently removing them from supply through the fee-to-burn process.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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