Hyperliquid has burned a total of 5.05% of the HYPE token supply, worth approximately $3.55 billion.

BlockBeats news, November 12: According to Onchain Lens data, Hyperliquid repurchased and burned approximately 21,200 HYPE tokens in the past 24 hours, with an average repurchase price of $72.31, totaling a destruction value of about $1.53 million. To date, Hyperliquid has cumulatively destroyed around 50.47 million HYPE tokens, valued at approximately $3.55 billion based on current prices, representing 5.05% of the total token supply. The platform's cumulative revenue has reached $1.41 billion, with revenue from the past 30 days amounting to approximately $68.82 million.