Hyperliquid recently purchased and burned 21,790 HYPE tokens over 24 hours for about $1.75 million, at an average price of $80.27 each. This burn increased the total tokens burned to 49.69 million, representing 4.97% of HYPE's maximum supply of 1 billion tokens. The cumulative burned tokens are valued at approximately $4.05 billion, reflecting the token's market price. The recent burn volume was nearly double the amount burned in the previous update, indicating increased token reduction activity by Hyperliquid.
As of Oct 22, 2026 01:02 WIB, HYPE trades at Rp1.469.228 on Pluang, showing a 1.51% gain in the past day. The token's circulating supply is 253.9 million out of a maximum 950.7 million, with a market cap of Rp372.75 trillion. Notably, the 24-hour trading volume reached Rp15.28 trillion, indicating active market participation alongside the recent token burn news.
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On October 20, Hyperliquid (HYPE) was ranked ninth on one crypto market capitalization list and 11th on another due to differences in circulating supply estimates. The first list valued HYPE at about $20.2 billion, close to Zcash (ZEC) at $20.2 billi...
