❗ $HYPE Cumulative Burn Update | As of October 13 ❗

@HyperliquidX has burned 49,513,735.10 tokens, worth approximately $4.043 billion, representing 4.951% of the total supply.

$1,568,415 in fees were generated over the past 24 hours and used to buy back $HYPE .

⚠️ The buyback address is out of circulation, so in essence, this is a burn.

Hype Daily #216 | Hyperliquid.