HyperCore's daily net burn exceeds 17,000 HYPE, projecting an annualized deflation of over 6 million tokens at this rate.

MarsBitNews · 2026-04-02T06:28:43+00:00

On April 1st, HyperCore repurchased 43,749.54 HYPE tokens at an average price of $36.77, and distributed 26,657 tokens to stakers and validator nodes, with a net burn of 17,092 tokens, resulting in an annual deflation of approximately 6.15 million tokens. In comparison, Solana's annual new inflation is about 25.19 million SOL. HyperCore's buyback efficiency is negatively correlated with price, helping to smooth market supply pressure.

MarsBitNews

2026-04-02 06:28:43

Abstract generation in progress

Mars Finance news: On April 2, according to official Hyperliquid data, on April 1, HyperCore repurchased 43,749.54 HYPE at an average price of about $36.77. On the same day, it distributed 26,657 HYPE to stakers and 24 validator nodes. After the two were offset against each other, it net permanently burned 17,092 HYPE, for a daily net deflation of about 17,000 units. Based on this pace, the annualized deflation amount is estimated to reach about 6.15 million units. In a horizontal comparison, Solana each year generates additional inflation of about 25.19 million SOL through staking and validator node rewards. It is reported that HyperCore’s repurchase efficiency is negatively correlated with price, which is used to smooth out supply pressure across market cycles.

HYPE-4.89%

SOL-6.29%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.