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Hyperliquid burns 10,400 HYPE tokens worth $956,800, totaling nearly 49M tokens burned.

Protocol Fundamentals
26 Sep 2026
Tokenpost
View Source
Bullish
Hyperliquid burns 10,400 HYPE tokens worth $956,800, totaling nearly 49M tokens burned.

Hyperliquid purchased and permanently burned 10,400 HYPE tokens in the last 24 hours, spending about $956,800 at an average price of $91.97 per token. This brings the total HYPE tokens burned by the protocol to 48.96 million, representing 4.9% of the maximum supply and valued at roughly $4.48 billion. The token burn reduces circulating supply, potentially increasing token value, while Hyperliquid generated $58.27 million in revenue over the past month. This ongoing burn program signals strong commitment to tokenomics and could impact future market dynamics.

HYPE trades at Rp1.640.978 on Pluang with a slight 0.03% decrease as of Sep 27, 2026 01:41 WIB. The token’s market cap stands at Rp412.73 trillion, while daily volume reaches Rp10.08 trillion. The recent burn of 10,400 HYPE tokens highlights ongoing efforts to influence supply, coinciding with a balanced Pluang order activity of 41% sell and 59% buy and a typical hold time of 37 days among investors.

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