# Hyperliquid Burns 5.05% of HYPE Supply as Total Reaches 50.47 Million By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/55663 Published: 2026-11-12T16:57:45.000Z Updated: 2026-11-12T16:57:45.000Z Section: Investing > A Nov. 12 snapshot valued cumulative burns at about $3.55 billion. Hyperliquid bought and burned about 21,200 HYPE in the 24 hours before the report. By Nov. 12, Hyperliquid had cumulatively burned about 50.47 million HYPE, equal to 5.05% of total supply; the burned tokens had a snapshot market value of about $3.55 billion. In the 24 hours before the Nov. 12 report, Hyperliquid bought and burned about 21,200 HYPE at an average price of $72.31. The tokens were valued at about $1.53 million. An [earlier cumulative burn update]() put the total at 49.87 million HYPE. The latest figure is about 600,000 tokens higher. Hyperliquid's platform revenue reached about $1.41 billion cumulatively, including about $68.82 million over the past 30 days. The $3.55 billion figure is the snapshot market value of burned tokens, separate from revenue earned by the platform. The [Assistance Fund's fee-to-burn process]() uses protocol fees to acquire HYPE, then removes those tokens from circulation through burns. ## Links in this article - [earlier cumulative burn update](https://www.tokenpost.com/news/investing/43159) - [Assistance Fund's fee-to-burn process](https://www.tokenpost.com/news/investing/26924)