Investment
Features
FeesSafety
Academy
More
Pluang+

Hyperliquid burns 48.89M HYPE tokens, cutting max supply by 4.89% after $3.26M buyback.

Protocol Fundamentals
23 Sep 2026
Tokenpost
View Source
Bullish
Hyperliquid burns 48.89M HYPE tokens, cutting max supply by 4.89% after $3.26M buyback.

Hyperliquid has permanently removed 48.89 million HYPE tokens from its maximum supply, reducing the total available tokens by 4.89%. This follows a recent buyback where the protocol purchased and burned 34,280 HYPE tokens at an average price of $95.25, spending about $3.26 million. The token burn decreases the circulating supply, potentially increasing token value by making remaining tokens scarcer. Hyperliquid's revenue over the past 30 days was $60.58 million, indicating strong business performance alongside this token management strategy.

As of Sep 24, 2026 00:32 WIB, HYPE trades at Rp1.660.194 on Pluang, down 4.07% in the last day. The token's market cap stands at Rp420.53 trillion, reflecting significant investor interest. Pluang users show a balanced order activity with 56% buying and 44% selling, holding HYPE for an average of 37 days.

More News (HYPE)

Hyperliquid liquidity hits $8.8B, boosting revenue and fueling HYPE's 88% surge since August

Hyperliquid liquidity hits $8.8B, boosting revenue and fueling HYPE's 88% surge since August

Hyperliquid's market liquidity reached a record $8.8 billion, surpassing last October's peak, driven by increased trading as Bitcoin recovered above $85K. This surge doubled Hyperliquid's daily revenue to $3 million in Q3, with a tripling in mid-Augu...

Protocol Fundamentals
Bullish
18 hours ago
Jupiter Exchange adds perpetual futures for tokenized SpaceX shares, HYPE, and Zcash on Solana with up to 20x leverage.

Jupiter Exchange adds perpetual futures for tokenized SpaceX shares, HYPE, and Zcash on Solana with up to 20x leverage.

Jupiter Exchange has launched new perpetual futures markets for tokenized SpaceX shares (SPCX), Hyperliquid's HYPE token, and the privacy coin Zcash (ZEC) on Solana. These new contracts offer up to 20x leverage using USDC as collateral and operate on...

Market News
Bullish
1 day ago
Hyperliquid's token valuation tops $91B, surpassing Nasdaq and LSEG, with strong market optimism for $100 price by 2026 end.

Hyperliquid's token valuation tops $91B, surpassing Nasdaq and LSEG, with strong market optimism for $100 price by 2026 end.

Hyperliquid, a decentralized exchange ecosystem, has seen its native token HYPE's fully diluted valuation exceed $91 billion, surpassing major traditional exchanges like Nasdaq and the London Stock Exchange Group. This milestone reflects growing mark...

Market News
Bullish
2 days ago
Hyperliquid's HYPE token breaks $90 resistance, targets $100.50 amid strong buying and token burns.

Hyperliquid's HYPE token breaks $90 resistance, targets $100.50 amid strong buying and token burns.

Hyperliquid's HYPE token surged past the $90 resistance level, trading near $91.68 with bullish momentum pointing to targets at $95.50, $98.00, and $100.50. The breakout is supported by technical indicators like the 20-day EMA at $83.20 and a 14-day ...

Technical Signals
Bullish
2 days ago
Bitcoin rebounds to $81K as altcoins like ZEC and HYPE hit multi-year highs amid a crypto market rally.

Bitcoin rebounds to $81K as altcoins like ZEC and HYPE hit multi-year highs amid a crypto market rally.

Bitcoin surged 5% to $81,914, helping the total cryptocurrency market cap reclaim $2.8 trillion and nearly reach $2.9 trillion during a broad weekly rally. Altcoins outperformed Bitcoin, with Hyperliquid (HYPE) hitting a new high of $94.48 and Zcash ...

Market News
Bullish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App