Hyperliquid repurchased and burned approximately 21,790 HYPE tokens at an average price of $80.27 over the past 24 hours, totaling about $1.75 million in value. The burn amount slightly exceeded the platform's estimated fee revenue of $1.65 million during the same period. To date, Hyperliquid has cumulatively burned roughly 49.69 million HYPE tokens, worth approximately $4.05 billion, representing 4.97% of the token's maximum supply of 1 billion.