Hyperliquid burned approximately $1.07 million worth of HYPE in the past 24 hours.

TechFlow reports, August 11, according to Onchain Lens monitoring, Hyperliquid burned HYPE worth approximately $1.07 million in the past 24 hours, generating fee revenue of approximately $1.45 million during the same period.

Data shows that the cumulative total of HYPE burned has reached 47.62 million tokens, valued at approximately $2.63 billion at current estimates, accounting for approximately 4.76% of the maximum supply of 1 billion tokens.