Hyperliquid repurchased and burned approximately 9,730 HYPE tokens valued at about $829,500 in a 24-hour period ending Sept. 6, reducing the total supply by 4.84% or 48.42 million tokens. This buyback is funded by trading fees converted through the Assistance Fund, which permanently removes tokens from circulation to potentially support token value. The cumulative burned tokens are now worth around $4.14 billion at current market prices, though this does not reflect the actual acquisition cost. Future burns will depend on trading activity and protocol revenue, with additional funding sources like stablecoin reserve yields expected to contribute.
Hyperliquid's AQA v2 model forecasts $193 million in annual revenue and $527,000 daily buybacks of its HYPE token in 2026, signaling strong financial health. This projection has increased market confidence, raising the odds of Hyperliquid reaching $1...
As of June 30, 2026, thirty institutional investors collectively held about $74.9 million in Hyperliquid ETF products, with Brazil's Wealth High Governance Asset Management leading at nearly $24 million in the 21Shares' THYP fund. These ETFs track th...
A mysterious investor known as 0x6436 has purchased an additional $29 million worth of Hyperliquid (HYPE) tokens, increasing their total holdings to 3.24 million HYPE valued at over $252 million. The tokens are staked within the Hyperliquid ecosystem...
Hyperliquid's native token HYPE reached a new all-time high of $88, up over 51% in the past month, driven by strong trading volume and a $379 million buyback program. A large unidentified holder recently accumulated 2.9 million HYPE tokens, boosting ...
Lighter (LIT) surged 13% to a new local high of $4.67, marking its third consecutive day of gains and outperforming both Hyperliquid (HYPE) and Ethereum (ETH) over the past five months. This rally is driven by increased network activity following the...
