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Hyperliquid repurchased and burned 11,340 HYPE tokens worth $890,900 in 24 hours.

Protocol Fundamentals
18 Oct 2026
Tokenpost
View Source
Bullish
Hyperliquid repurchased and burned 11,340 HYPE tokens worth $890,900 in 24 hours.

Hyperliquid repurchased and burned approximately 11,340 HYPE tokens over the past 24 hours at an average price of $78.55 per token, totaling about $890,900. This repurchase exceeded the estimated platform fee income of $764,900 for the same period by around $126,000. Cumulatively, about 49.63 million HYPE tokens have been burned, representing 4.96% of the maximum supply of 1 billion tokens, with a total value of roughly $3.9 billion. Over the past 30 days, Hyperliquid's revenue was approximately $69.94 million, indicating strong platform activity and ongoing token value support through buybacks and burns.

Hyperliquid's market cap stands at Rp357.33 trillion as of Oct 18, 2026, 20:41 WIB, with a 24-hour trading volume of Rp7.81 trillion on Pluang. The circulating supply is 254 million HYPE tokens, about 27% of the maximum supply, and the typical hold time on Pluang is 38 days. Despite the recent burn activity, HYPE's price on Pluang is down 0.93% at Rp1,395,973 as of the same time.

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