# Hyperliquid Burns $1.53 Million Worth of Its Token in 24 Hours By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/55660 Published: 2026-11-12T16:53:46.000Z Updated: 2026-11-12T16:53:46.000Z Section: Investing > Cumulative burns reached 50.47 million HYPE, equal to 5.05% of supply. The Hyperliquid protocol burned $1.53 million worth of Hyperliquid (HYPE) tokens over 24 hours and bought back 21,200 HYPE at an average price of $72.31. Cumulative burns reached 50.47 million HYPE, valued at about $3.55 billion and equal to 5.05% of supply. The total is up from 49.09 million HYPE in [an earlier burn update](). Cumulative revenue totaled $1.41 billion, with $68.82 million generated over the past 30 days. ## Links in this article - [an earlier burn update](https://www.tokenpost.com/news/investing/26215)