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Hyperliquid burned 20,200 HYPE tokens worth $1.8M, totaling 49.09M tokens burned, 4.91% of max supply.

Protocol Fundamentals
01 Oct 2026
Tokenpost
View Source
Bullish
Hyperliquid burned 20,200 HYPE tokens worth $1.8M, totaling 49.09M tokens burned, 4.91% of max supply.

Hyperliquid purchased and burned 20,200 HYPE tokens in 24 hours, spending about $1.8 million at an average price of $89.05 per token. This brings the total burned tokens to 49.09 million HYPE, which is 4.91% of the token's maximum supply and valued at approximately $4.29 billion. The protocol generated $55.89 million in revenue over the past 30 days, highlighting strong market activity and token demand. This token burn reduces circulating supply, potentially increasing token value for holders.

While Hyperliquid recently burned 20,200 HYPE tokens worth about $1.8 million, on Pluang as of Oct 02, 2026 01:22 WIB, HYPE trades at Rp1,575,673 with a slight 0.30% decrease over one day. The circulating supply on Pluang is 251 million out of a maximum 951.3 million tokens, representing 27%, which contrasts with the 4.91% of total supply burned reported in the news. Pluang's market shows strong buy interest with 75% buy orders and a typical hold time of 37 days, indicating active trading despite the minor price dip.

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