HyperCore's daily net burn exceeds 17,000 HYPE, putting the projected annualized deflation at over 6 million tokens.

BlockBeats News, April 2, according to Hyperliquid official data, on April 1, HyperCore repurchased 43,749.54 HYPE at an average price of about $36.77. On the same day, 26,657 HYPE was distributed to stakers and 24 validating nodes, with a net permanent burn of 17,092 HYPE after offsetting the two, resulting in a daily net deflation of about 17,000 HYPE. Extrapolating at this rate, the annual deflation amount is estimated to reach about 6.15 million HYPE.

In comparison, Solana adds approximately 25.19 million SOL per year through staking and validating node rewards due to inflation. It is reported that HyperCore's repurchase efficiency is negatively correlated with price to smooth the supply pressure during market cycles.