Hyperliquid burns $1.39M in HYPE over 24 hours

Hyperliquid bought back and burned 17,710 HYPE over the past 24 hours at an average purchase price of $78.37, for a total of about $1.39 million, according to Onchain Lens. A total of 48.6 million HYPE has now been permanently burned, worth about $3.88 billion and equal to 4.86% of the token’s maximum supply of one billion HYPE.