The Hyperliquid protocol recently burned $1.53 million worth of its HYPE tokens within 24 hours and repurchased 21,200 tokens at an average price of $72.31. This action increased the cumulative token burns to 50.47 million HYPE, valued at approximately $3.55 billion, representing 5.05% of the total token supply. The protocol has generated a total revenue of $1.41 billion, with $68.82 million earned in the last 30 days. These token burns reduce circulating supply, potentially impacting token value and signaling strong protocol activity.
Hyperliquid's HYPE token trades at Rp1.290.288 on Pluang as of Nov 13, 2026 00:02 WIB, down 3.60% in the past day. The token's market cap stands at Rp328.4 trillion with a 24-hour trading volume of Rp15.94 trillion. This trading activity coincides with the recent significant token burns reported by the protocol, reflecting ongoing investor interest and market dynamics.
Paragon has introduced Power Perps on Hyperliquid, starting with a market based on the squared price of HYPE (HYPE²). These perpetual contracts provide convex payoff without strike prices or expiry dates, allowing traders to benefit from amplified ga...
Hyperliquid, a decentralized exchange focused on perpetual futures, saw its daily active users rise by 169% in 2026, reaching 71,411 users. This surge reflects growing interest and engagement in its platform, which recently processed $9 billion in pe...
Hyperliquid (HYPE) has fallen 17% to $72.49 despite bullish listings on South Korean exchanges. Selling pressure increased after large token sales and Binance reopening withdrawals post-security breach. Technical indicators show weakening momentum wi...
DeFi researcher Ignas suggests that traditional financial firms could benefit from crypto adoption through shares and private holdings rather than owning tokens, casting doubt on the lasting value of tokens like Hyperliquid's HYPE and Avalanche's AVA...
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