As reported by Jinse Finance on November 12, 2026, at 20:52:54 (UTC+8), Onchain Lens data showed that Hyperliquid had bought back and burned approximately 21,200 HYPE over the preceding 24 hours. The reported average buyback price was $72.31, putting the value of that burn at about $1.53 million.
Cumulative burns stood at approximately 50.47 million HYPE, or 5.05% of total token supply. Jinse valued those burned tokens at roughly $3.55 billion using the price at the time of reporting; that figure is not a measure of the total amount spent acquiring them.
The report also put cumulative platform revenue at $1.41 billion and revenue over the preceding 30 days at approximately $68.82 million. Those revenue figures describe platform activity, not revenue received by HYPE holders. The burn figures establish a reduction in supply, but the report does not provide enough information to derive a fair value for HYPE.