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DeFiSource: Crypto Economy ·

Hyperliquid Breaks Into Crypto’s Top 10, Overtaking Zcash by Market Cap

The HYPE token recorded a gain exceeding 25% across three days, reaching a market valuation of $21.78 billion as it traded above $92. Hyperliquid executed a permanent burn of 49.87 million HYPE tokens on October 29, equivalent to 4.99% of its total maximum supply.

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