Hyperliquid burns $1.12 million worth of HYPE in a single day, with cumulative burns reaching 47.57 million tokens

TechFlow news, August 07, according to monitoring by on-chain analyst Onchain Lens (@OnchainLens), Hyperliquid burned approximately $1.12 million worth of HYPE tokens in the past 24 hours, during which a total of $1.41 million in fees were generated. As of now, the cumulative burned amount of HYPE has reached 47.57 million tokens (approximately $2.64 billion), accounting for 4.76% of the maximum supply of 1 billion tokens.