Hyperliquid Permanently Removes 48.89 Million HYPE From Maximum Supply

Hyperliquid permanently removed 48.89 million HYPE from its maximum supply, representing 4.89% of the total. The burn followed the purchase and destruction of 34,280 HYPE over the past 24 hours at a volume-weighted average price of $95.25. The move reduces the token's circulating supply permanently.