Hyperliquid buys back and burns $10.2M in HYPE over 24 hours

Decentralized futures exchange Hyperliquid bought back and burned 112,580 HYPE tokens worth about $10.15 million over the past 24 hours. The average burn price was $90.20, while estimated fee revenue during the same period totaled $989,000. Including the latest burn, a total of 49.25 million HYPE tokens worth about $4.45 billion have now been permanently burned from the market.