Hyperliquid Burns 5.05% of HYPE Supply as Total Reaches 50.47 Million

Hyperliquid burned 5.05% of HYPE supply, with cumulative burns reaching 50.47 million tokens. A Nov. 12 snapshot valued these burns at about $3.55 billion. In the 24 hours before the report, Hyperliquid bought and burned about 21,200 HYPE, continuing its deflationary tokenomics.