Hyperliquid Aid Fund 37.11 million HYPE faces burn vote, accounting for 13.7% of the circulating supply

2025-12-17 03:30:09

Abstract generation in progress

【Blockchain Rhythm】Latest on-chain data shows that the Hyperliquid Assistance Fund currently holds 37.114 million HYPE tokens, with a market value of approximately $1.02 billion. This asset accounts for 13.7% of the current circulating supply.

The total supply of HYPE is set at 1 billion tokens. The current project market cap has surged to $7.406 billion, with a fully diluted valuation reaching $27.35 billion.

Interestingly, the Hyperliquid Foundation recently announced on social media that it plans to initiate a validator voting mechanism to officially confirm that the HYPE held by the Assistance Fund has been burned. Once approved by voting, these tokens will be permanently removed from the circulation pool and total supply, effectively reducing market liquidity pressure. This approach is not uncommon in token supply management by project teams and often helps alleviate concerns about future sell pressure.

HYPE-6.58%

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ChainPoet

· 12-17 13:45

13.7% direct burn? That's a pretty aggressive move, feels like it's stabilizing people's confidence...

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HodlTheDoor

· 12-17 03:58

Destroying 13.7% of the circulating supply—this tactic is indeed sophisticated, essentially eliminating selling pressure expectations before artificially boosting the price.

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WalletDetective

· 12-17 03:58

Burn 13.7% of the circulating supply? I've seen this tactic too many times—first create scarcity expectations, then pump the price. Old trick.

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SudoRm-RfWallet/

· 12-17 03:55

Burning 13.7% of the circulating supply—this move is a bit harsh, but it can indeed stabilize people's confidence.

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MetaverseVagabond