❗ $HYPE Cumulative Burn Update | As of October 15 ❗

@HyperliquidX has burned 49,582,604.21 tokens, worth approximately $4.013 billion, representing 4.958% of the total supply.

Over the past 24 hours, $2,454,868 in fees were generated and used to buy back $HYPE

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

Hype Daily #218 | Hyperliquid.