Hyperliquid Burns 45 Million HYPE Tokens While Recording $1.5 Billion in Net Inflows

TLDR: Hyperliquid burned over 45 million HYPE tokens worth more than $2 billion using collected platform fees. The exchange generates close to $1 billion annually and directs 100% of revenue toward HYPE buybacks and burns. Burned tokens represent roughly 14.5% of the 310 million HYPE distributed in the first trader airdrop. Hyperliquid recorded $1.5 billion [...]

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