Hyperliquid In the past 24 hours, repurchased and burned 11340 tokens HYPE
BIBIBI
AT A GLANCE
PANews cited Onchain Lens as saying that,Hyperliquid in the past 24 hours, approximately were repurchased and burned 11340 tokens HYPE。
Article
Hyperliquid In the past 24 hours, approximately 891000 USD HYPE were burned, with the cumulative amount burned accounting for 4.96%
PANews October 18 According to Onchain Lens monitoring,Hyperliquid in the past 24 hours, approximately were repurchased and burned 11340 tokens HYPE, at an average price of 78.55 USD, worth approximately 890900 USD, while platform fee revenue during the same period was estimated at approximately 764900 USD. To date,HYPE the cumulative amount burned is approximately 49630000 tokens, valued at approximately 3900000000 USD, representing 1000000000 of its maximum supply of tokens 4.96%. In addition,Hyperliquid revenue over the past 30 days was approximately 69940000 USD。
According to Onchain Lens monitoring,Hyperliquid in the past 24 hours, approximately were repurchased and burned 11340 tokens HYPE。
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The average price cited in the report was 78.55 USD, worth approximately 890900 USD。
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Platform fee revenue during the same period was estimated at approximately 764900 USD。
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As of the time of reporting,HYPE the cumulative amount burned was approximately 49630000 tokens, valued at approximately at current valuations 3900000000 USD。
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The report stated that the cumulative amount burned accounts for 1000000000 of the maximum supply of tokens 4.96%。
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Hyperliquid Revenue over the past 30 days was approximately 69940000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Repurchase and burn refers to buying HYPE and then burning it. The report also listed 24 the amount repurchased and burned over hours, fee revenue, the cumulative amount burned, and revenue over the past 30 days, although some data are qualified as “approximately” or “estimated.”
Why it matters to readers
These figures can be used to observe Hyperliquid's buyback-and-burn scale, platform revenue, and the ratio of cumulative burns to maximum supply.
Beginners should distinguish among “maximum supply,” “cumulative amount burned,” and “platform revenue”: they describe the supply cap, the amount already burned, and platform revenue, respectively, and are not the same metric.
Risks and unknowns
The report did not provide on-chain transaction details corresponding to this repurchase and burn.
Fee revenue was labeled as an estimate.
The article did not specify the price point or calculation method for the “current valuation.”
The data in the article come from PANews’ relay of Onchain Lens monitoring results and still require verification against the original monitoring data or on-chain records.
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Related concepts
Repurchase and burn
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