Hyperliquid Foundation has announced the permanent burn of 11.068% of the circulating HYPE token supply
By: theblockbeats.news|2025/12/26 03:16:07
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BlockBeats News, December 26th, according to official sources, the Hyperliquid Foundation announced that the HYPE tokens in the Reserve Fund System address have been officially burned, accounting for 11.068% of the circulating supply. This governance vote adopted a consensus mechanism based on stake weight calculation, with the result of 85% of staked votes supporting the burn; 7% opposing; 8% abstaining.
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