Hyperliquid Burns $824K HYPE in 24 Hours
The post Hyperliquid Burns $824K HYPE in 24 Hours appeared on BitcoinEthereumNews.com. Hyperliquid burns $824K in daily HYPE fees, with 45.1M tokens burned as price trades near $43 and tests $45 resistance. Hyperliquid burned about $824,688 worth of HYPE in the last 24 hours, according to figures shared in the market update. The buyback and burn activity comes as HYPE trades near $43, while traders watch the $45 resistance zone for confirmation of a stronger move. Hyperliquid Uses Daily Fees for HYPE Buyback and Burn Hyperliquid generated about $824,688 in fees over the past 24 hours. The update stated that 100% of those fees were used to buy back and burn HYPE. The model has attracted interest because it links platform activity with token supply reduction. Many projects use revenue for operations, incentives, or treasury growth. Hyperliquid’s current model directs fees toward token burns. In the last 24 hours, Hyperliquid generated approximately $824,688 in fees — and 100% of it was u