Hyperliquid’s HYPE Burns Reached 5.05% of Total Supply, Report Said

In a report published November 12, 2026, at 20:52 (UTC+8), Jinse Finance cited Onchain Lens data showing that Hyperliquid had burned about 50.47 million HYPE, or 5.05% of the token’s total supply. The report valued those tokens at approximately $3.55 billion using the price at the time.

Over the preceding 24 hours, Hyperliquid had reportedly bought back and burned about 21,200 HYPE at an average purchase price of $72.31, for a total value of roughly $1.53 million. The report also put the platform’s cumulative revenue at $1.41 billion, including about $68.82 million over the preceding 30 days.

A burn removes tokens from supply. These figures describe reported supply changes and revenue at the time of publication; they do not establish what HYPE holders are entitled to or how the token’s price will perform.

Original report: Jinse Finance