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 in net inflows over three months as Arbitrum lost the same amount in outflows. Hyperliquid has burned more than 45 million HYPE tokens as its fee-driven buyback model gains attention across the crypto market. The decentralized exchange recorded approximately $824,688 in fees within a single 24-hour period. All collected fees went directly toward purchasing and burning HYPE tokens. The platform now reports close to $1 billion in annual revenue. Net flow data further shows $1.5 billion in inflows over the past three months. Hyperliquid’s Buyback and Burn Model Sets a New Standard Hyperliquid’s tokenomics structure differs from most crypto projects in circulation today. Rather than selling tokens to cover operational costs, the platform channels all revenue into buybacks. This approach has resulted in the permanent removal of 45,116,933 HYPE tokens from supply. According to data shared by Hyperliquid Hub on X, the burned tokens carry a market value of over $2 billion. That figure equals roughly 14.5% of the entire first trader airdrop, which totaled 310,000,000 HYPE tokens. The scale of this burn reflects a consistent and structured approach to reducing supply. In the last 24 hours, Hyperliquid generated approximately $824,688 in fees — and 100% of it was used to buy back and burn HYPE. This daily burn is now consistent and sets a new standard for tokenomics.While other crypto projects sell their tokens to fund the team, Hyperliquid —… pic.twitter.com/Or5TF5wafS — Hyperliquid Hub (@Hyperliquid_Hub) May 10, 2026 The daily burn has remained steady, which sets it apart from one-time or irregular token removal events...