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Hyperliquid's Cumulative HYPE Burns Reach 50.59 Million

The total equals 5.06% of HYPE's maximum supply. Hyperliquid bought back and burned 47,700 HYPE worth $3.17 million over 24 hours.

A silver token rests beside a small metal crucible / TokenPost.ai
A silver token rests beside a small metal crucible / TokenPost.ai

Hyperliquid's cumulative token burns reached 50.59 million HYPE by 5:15 p.m. ET Saturday, Nov. 14, representing 5.06% of the token's maximum supply.

The cumulative amount was valued at about $3.12 billion. Over the preceding 24 hours, Hyperliquid bought back and burned 47,700 HYPE worth $3.17 million at an average price of $66.37.

Hyperliquid's cumulative revenue stood at $1.42 billion.

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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