❗ $HYPE cumulative burn update｜As of Aug 18 ❗
@HyperliquidX has burned 47,759,290.89 tokens, approx. $2.804 billion, accounting for 4.776% of the total supply.
In the past 24 hours, 1,197,961$ in fees were generated, used to repurchase $HYPE .
⚠️ The repurchase address is no longer in circulation; in essence, this = burning.
Hype Daily #160｜Hyperliquid.
@HyperliquidX has burned 47,759,290.89 tokens, approx. $2.804 billion, accounting for 4.776% of the total supply.
In the past 24 hours, 1,197,961$ in fees were generated, used to repurchase $HYPE .
⚠️ The repurchase address is no longer in circulation; in essence, this = burning.
Hype Daily #160｜Hyperliquid.