Hyperliquid bought and burned 112,580 HYPE over the past 24 hours at a volume-weighted average price of $90.2, according to Onchain Lens monitoring. According to Odaily, the tokens were valued at $10.15 million and may have been funded by AQAv2 revenue and fees.

The estimated 24-hour fees were $989,000, while 7-day revenue reached $9.85 million and 30-day revenue totaled $52.06 million. A total of 49.25 million HYPE has now been permanently removed from circulation.