Hyperliquid burns $1.53 million in HYPE tokens in 24 hours
DEFIHYPEcoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
Hyperliquid, a crypto trading platform, has permanently removed about $1.53 million worth of its HYPE tokens from circulation over the past day. The HYPE price has recently dipped below $70. In total, the burns now account for more than 5% of the token's supply.
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- No action needed.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
U.Today
Who and what is in it
Products