Hyperliquid burned 42,300 HYPE tokens in the past 24 hours, up over 88% from the previous period.

BlockBeats news, September 22, according to on-chain data, Hyperliquid burned 42,300 HYPE in the past 24 hours, worth about $4 million, up over 88% from the previous period.

In the past 7 days, 226,500 HYPE were burned, bringing the cumulative burn to 47,397,098 HYPE, accounting for 4.74% of the total supply.