Cumulative burn of 50.59 million HYPE, accounting for 5.06% of maximum supply

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