Hyperliquid Cumulative permanent burns of 49870000 tokens HYPE, accounting for of the maximum supply 4.99%
BIBIBI
AT A GLANCE
According to monitoring by Onchain Lens,Hyperliquid permanently burned in total 49870000 tokens HYPE, accounting for 4.99%。
Article
Hyperliquid Total burned 49870000 tokens HYPE, accounting for 4.99%
PANews October 29 According to a message monitored by Onchain Lens,Hyperliquid has been permanently burned 49870000 tokens HYPE(approximately 3890000000 USD), accounting for 1000000000 tokens of the maximum supply 4.99%. Over the past 24 hours, 19700 tokens were burned HYPE(approximately 1590000 USD), with estimated 24 hours of fees 1690000 USD, and cumulative historical revenue of 1380000000 USD。
PANews stated that the information came from Onchain Lens monitoring.
02
Hyperliquid has been permanently burned 49870000 tokens HYPE, reportedly worth approximately 3890000000 USD。
03
The cumulative burned amount accounts for 1000000000 tokens of the maximum supply 4.99%。
04
Past 24 hours burned 19700 tokens HYPE, the source states that they were worth approximately 1590000 USD。
05
The source estimates 24 hours of fees at 1690000 USD, with cumulative historical revenue of 1380000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Burned” refers to the permanent removal of tokens described in the source. According to the data in the text, 49870000 tokens were burned in total HYPE, equivalent to 1000000000 tokens of the maximum supply, or 4.99%; the text also provides the amount burned over the past 24 hours, estimated fees, and cumulative historical revenue.
Why it matters to readers
These data reflect the scale of HYPE burning and the related fees and revenue Hyperliquid, and can be used to observe changes in the burn progress and fees.
Beginners should distinguish between maximum supply, the amount burned, and revenue: the burn ratio describes changes in the token quantity, while fees and revenue are another set of metrics; price trends cannot be determined from these figures alone.
Risks and unknowns
The material cites monitoring by Onchain Lens but does not directly provide on-chain records or burn addresses for verification.
The value in the text USD and 24-hour fees are reported figures or estimates; the calculation method is not specified.
The material does not specify the statistical definition used for historically accumulated revenue.
The material does not provide a HYPE price reaction, nor does it state whether the market has already priced in the relevant information.
Related Developments
Loading event timeline…
Related concepts
Token Burn
This term is not in the glossary yet. Browse related concepts in the glossary.
