# Hyperliquid Burns $1.06 Million Worth of HYPE in 24 Hours By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/52480 Published: 2026-11-09T18:25:47.000Z Updated: 2026-11-09T18:25:47.000Z Section: Investing > TokenPost previously covered a separate 24-hour HYPE burn valued at about $1.64 million. Hyperliquid burned $1.06 million worth of HYPE over 24 hours. A token burn permanently removes tokens from supply. TokenPost previously covered [another 24-hour HYPE burn]() valued at about $1.64 million. ## Links in this article - [another 24-hour HYPE burn](https://www.tokenpost.com/news/investing/51876)