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Crypto DeFi

Hyperliquid Burns 5.05% of HYPE Supply, Worth $3.55B

Hyperliquid bought back and burned about 21,200 HYPE tokens in the past 24 hours at an average price of $72.31, worth roughly $1.53 million. Cumulative burns now total about 50.47 million HYPE, valued at approximately $3.55 billion at current prices and equal to 5.05% of total token supply. Platform revenue has reached $1.41 billion, including about $68.82 million over the past 30 days.

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