🚀 Hyperliquid’s $HYPE Burn? 40 Million Tokens Sidelined!
The Hyperliquid ecosystem is making waves again! According to recent data from MLM monitoring and PANews, the protocol’s Assistance Fund has now accumulated over 40 million HYPE tokens.
This isn't just a random number it represents approximately 4% of the total 1 billion supply.
📉 Why This Matters for $HYPE Holders
The Assistance Fund is an automated, protocol-level powerhouse. It works by converting trading fees and stablecoin reserve yields directly into HYPE.
The "Black Hole" Effect: These tokens are sent to a system address with no withdrawal mechanism.
Deflationary Pressure: Validators recently voted to formally recognize these holdings as permanently inaccessible (burned).
Supply Shock: By removing 4% of the total supply from circulation, the protocol is effectively creating a "buyback and burn" loop that strengthens token scarcity over time.
With nearly $1 billion in value currently sidelined in this fund, Hyperliquid is proving that real yield and automated burns are the future of DeFi sustainability.
#Write2Earn #Write2Earn!
Is $HYPE the most deflationary L1 asset in 2026? Let’s hear your thoughts! 👇
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