❗ $HYPE Cumulative Burn Update | As of October 10 ❗

@HyperliquidX has burned 49,441,612.43 tokens, worth approximately $4.212 billion, or 4.944% of the total supply.

Over the past 24 hours, $921,462 in fees was generated and used to buy back $HYPE

⚠️ Tokens in the buyback address are out of circulation; effectively, they’ve been burned.

Hype Daily #213 | Hyperliquid.