Hyperliquid burns 11,340 HYPE: What it means for the Hyperliquid price

Published on 10/27/2026 at 07:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A 9.92 million HYPE unlock is scheduled for November 6. Hyperliquid price stands at 77.13 USD on October 27, 2026, down 1.35 percent.

Burns, unlocks and network activity

On October 18, 2026, the protocol repurchased and burned 11,340 HYPE at an average of 78.55 USD.
A scheduled release of 9.92 million HYPE is due on November 6, 2026.
The Hyperliquid price stands at 77.13 USD as of October 27, 2026, 1.35 percent below the UTC daily close of October 26, 2026.

Hyperliquid, XCRYPTOHYPE5, Illustration mit AI erstellt.

Hyperliquid (HYPE) burned 11,340 tokens on October 18, 2026. TokenPost reported that the repurchase and burn had an average price of 78.55 USD and a total value of 890,900 USD. The Hyperliquid price stands at 77.13 USD as of October 27, 2026, down 1.35 percent compared with the UTC daily close of October 26, 2026.

TokenPost records an 11,340 HYPE burn

The October 18 operation used trading-related funds to repurchase HYPE and remove the tokens from circulation, according to TokenPost. The report put estimated fees for the same 24-hour period at 764,900 USD, while the repurchased tokens were valued 126,000 USD higher. It also reported cumulative burns of 49.63 million HYPE, equal to 4.96 percent of the maximum supply of 1 billion HYPE.

The two figures cover different measurements: the 11,340 HYPE amount refers to the burn operation, while the 764,900 USD figure is an estimate of fees for the same period. TokenPost also reported 69.94 million USD in revenue over the 30 days preceding its October 18 report.

A 9.92 million HYPE unlock is scheduled

A core-contributor release of 9.92 million HYPE is scheduled for November 6, 2026, CoinCentral reported on October 25, 2026. The scheduled amount is a vesting figure and does not by itself establish how many tokens will be claimed or sold.

Network activity was also substantial on October 5, 2026. Grip Research reported 178 live perpetual markets, 13.43 billion USD in aggregate open interest and 6.02 billion USD in 24-hour perpetual volume. Open interest is the value of outstanding derivatives positions.

HYPE trades at 77.13 USD on October 27

According to Investing.com, HYPE trades at 77.13 USD as of October 27, 2026, down 1.35 percent compared with the UTC daily close of October 26, 2026. The daily high is 78.95 USD and the daily low for the UTC day is 76.20 USD. Market capitalization is 19.56 billion USD, ranking Hyperliquid 10th, while 24-hour volume is 822.03 million USD. Circulating supply is 253.77 million HYPE.