❗ $HYPE Cumulative Burn Update | As of October 8 ❗

@HyperliquidX has burned 49,415,008.57 tokens, worth approximately $4.235 billion, representing 4.942% of the total supply.

Over the past 24 hours, $3,061,499 in fees were generated and used to buy back $HYPE .

⚠️ The buyback address is no longer in circulation; effectively, this is a burn.

Hype Daily #211 | Hyperliquid.