Hyperliquid Burns 49.87 Million HYPE as Trading Activity Expands
Hyperliquid has reportedly burned 49.87 million HYPE tokens valued at $3.89 billion. Trading activity continues across HIP-3 markets and Pump.fun, while Elysium’s Layer-2 mainnet is planned f
A
AnonymousCryptoCompass newsroom
October 29, 2026
1 min read
NEWS
CryptoCompass editorial visual for altcoins coverage.
Hyperliquid has reportedly burned 49.87 million HYPE tokens valued at $3.89 billion. Trading activity continues across HIP-3 markets and Pump.fun, while Elysium’s Layer-2 mainnet is planned for November 9.
The Winklevoss Zcash ETF was filed on October 6, proposing a Nasdaq listing under the ticker WINK. VanEck withdrew its Lido stake ETH fund on October 14, after the proposed product had sold n
Reddit, a leading global forum for cryptocurrency discussion, has launched two dedicated homepage feeds, “For You” and “Following”, in a move designed to transform users’ experience in discov