Crypto

Hyperliquid Shreds Over 48 Million Hype Tokens Worth $26.5M

Guavy AI Editorial Team Published September 12, 2026

Instruments

HYPE STRD

Hyperliquid has made significant strides in reducing its token supply by destroying over 48.57 million HYPE tokens, worth approximately $26.5 million USD.

This move comes after a period of heightened activity, with the company repurchasing and burning HYPE tokens over the past 24 hours.

The total amount of tokens destroyed by Hyperliquid now stands at an impressive figure, reflecting the company's commitment to maintaining a healthy token economy.

The Wire

Keep reading for free.

You've read 3 free articles in the last 24 hours. Create a free account for unlimited access, no card required.

Create free account Already have an account? Sign in

No spam. Unsubscribe anytime.