Hyperliquid removed 16,484 HYPE from circulation on April 17 after buying back 43,321.04 HYPE and distributing 26,837 HYPE. Hyperliquid posted a net drop in HYPE supply on April 17, 2026, after daily buybacks exceeded reward payouts. , HyperCore repurchased 43,321.04 HYPE at an average price of about $44.48. On the same day, 26,837 HYPE went … Continue reading Hyperliquid Turns Deflationary as Daily HYPE Buybacks Outpace Rewards