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Hyperliquid burns 50.59M HYPE tokens worth $3.12B, 5.06% of max supply, boosting token value.

Protocol Fundamentals
15 Nov 2026, 00:21 WIB
Tokenpost
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Bullish
Hyperliquid burns 50.59M HYPE tokens worth $3.12B, 5.06% of max supply, boosting token value.

Hyperliquid has burned a total of 50.59 million HYPE tokens, representing 5.06% of the token's maximum supply, with a cumulative value of approximately $3.12 billion as of November 14. In the last 24 hours alone, the company bought back and burned 47,700 HYPE tokens worth $3.17 million at an average price of $66.37. This token burn reduces supply, potentially increasing token value, and reflects Hyperliquid's ongoing strategy to manage its token economy. The company's cumulative revenue has reached $1.42 billion, indicating strong business performance alongside the token buybacks and burns.

Hyperliquid's cumulative HYPE token burns have reached 50.59 million tokens, totaling about $3.12 billion in value as of November 14. For readers following major cryptocurrencies on Pluang, 4 out of 50 priced assets rose while 45 fell as of Nov 15, 2026 04:51 WIB. Among notable movers, AXS dropped 13.36% to Rp11.918, COTI fell 13.16% to Rp145, and CRV declined 12.88% to Rp3.653, with strong sell activity on the platform.

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