# Hyperliquid Burns 21,040 HYPE Tokens Worth About $1.64 Million By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/51876 Published: 2026-11-08T22:44:02.000Z Updated: 2026-11-08T22:44:02.000Z Section: Investing > The average price was $77.93. 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](). ## Links in this article - [fee-to-burn process](https://www.tokenpost.com/news/investing/26924)