A cumulative 50.59 million HYPE has been burned, accounting for 5.06% of the maximum supply

Odaily reports: Onchain Lens posted on X that despite the crypto market downturn, Hyperliquid still repurchased and burned 47,700 HYPE at an average price of $66.37 over the past 24 hours, worth $3.17 million. The cumulative burn of HYPE has reached 50.59 million tokens, equivalent to approximately $3.12 billion, accounting for 5.06% of the maximum supply; Hyperliquid's cumulative revenue has reached $1.42 billion.