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Hyperliquid permanently burned 49.87 million HYPE tokens, worth approximately $3.89 billion, representing 4.99% of its maximum supply of 1 billion tokens. In the past 24 hours, 19,700 HYPE tokens, worth approximately $1.59 million, were burned; estimated 24-hour transaction fee revenue is $1.69 million, bringing cumulative revenue to $1.38 billion.