Hyperliquid burned 17,710 HYPE tokens worth approximately $1.39 million in the past 24 hours.

TechFlow reported that on September 14, according to on-chain analyst Onchain Lens (@OnchainLens), Hyperliquid bought and burned 17,710 HYPE tokens at a VWAP price of $78.37 over the past 24 hours, worth approximately $1.39 million. As of now, the cumulative total of burned HYPE tokens has reached 48.6 million, valued at approximately $3.88 billion at current prices, representing 4.86% of HYPE's maximum supply of 1 billion tokens.