Hyperliquid has now permanently burned 49.87 million HYPE tokens. That is 4.99% of the token's 1 billion maximum supply, valued at about $3.89 billion at current prices, according to Onchain Lens data reported by Wu Blockchain on October 29. It is one of the largest token burns in crypto by dollar value, it happened in plain sight on-chain, and it raises a question that every burn announcement...
