The Hyperliquid Assistance Fund has achieved a significant milestone, with its total buyback amount surpassing $1 billion, according to on-chain analyst MLM. This development comes just 15 months after the launch of the $HYPE token. The fund has permanently burned 41.71 million HYPE tokens, valued at approximately $1.35 billion at current market prices, effectively reducing the total HYPE token supply by 4.17%.
Hyperliquid Repurchase Fund Exceeds $1 Billion, Burns 4.17% of HYPE Supply
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