Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

Nearly 5% of max supply burned: Hyperliquid permanently burns 49.87 million HYPE

According to Onchain Lens monitoring, Hyperliquid has permanently burned 49.87 million HYPE, worth approximately $3.89 billion, accounting for 4.99% of its 1 billion maximum supply. In the past 24 hours, 19,700 HYPE were burned, worth approximately $1.59 million; estimated 24-hour fee revenue is $1.69 million, with cumulative revenue of $1.38 billion.