Bought back and destroyed at source, never added.
48.21M HYPE bought back, all time to Oct-23 00:00Z · destroyed at source: 1.48M HYPE · as of Oct-23 00:07Z, the day's level so far is on Tape, daily bars through Oct-22 2026, measured and published by askthetape.com.
Measured: HYPE the Assistance Fund bought, read from its own balance, kept apart from HYPE destroyed at source. Aug-19 → Sep-03 by day: 16 days loaded from a public explorer's balance snapshots, total checked against the fund's balance 518,513.06 HYPE. It counts past buying, not a prediction. Hyperliquid spends part of its trading fees buying HYPE on its own market, and the coins it buys land in the Assistance Fund, a system address with no private key. Nothing has left it: 0 outgoing transfers in the ledger Hyperliquid serves for it. In December 2025 Hyperliquid's validators voted to treat that pile as burned, and Hyperliquid counts it that way, yet its own API still counts the fund inside the total supply. A much smaller amount is destroyed outright: taken out of the supply by the chain itself, or sent to the zero address on HyperEVM. This page keeps the two apart. Bought back into the fund, all time, to Oct-23 00:00Z: 48,210,481 HYPE, 4.821% of the 1-billion cap. Destroyed at source: 1,477,806 HYPE, 0.148%. The bars count what the fund bought per UTC day; 16 days loaded from a public explorer's balance snapshots, total checked against the fund's balance 518,513.06 HYPE. The fund buys about 26,457 HYPE a day over the last 30 closed days (Sep-23 → Oct-22).
| leg | daily bars to Aug-18 2026: a third-party public mirror of Hyperliquid's fills; Aug-19 → Sep-03 by day: a public explorer's balance snapshots of the fund, the total pinned by its own balance; from Sep-03 2026: Hyperliquid's public API and our own hourly capture; the price line is Hyperliquid's own daily candles, HYPE/USDC spot. The fund's own balance, the supply and the zero addresses are read from Hyperliquid's public API and the HyperEVM public RPC at each capture. |
|---|---|
| 🩸 two rows, not one | bought back into the Assistance Fund (HL counts this as burned; keyless system address, 0 outgoing transfers) is one row; destroyed at source (1B minus Hyperliquid's total supply, plus the zero and dead addresses on Hyperliquid and HyperEVM) is the other. Adding them into one «burned» number hides that the fund holds 48,210,481 HYPE while 1,477,806 HYPE were destroyed. |
| 🩸 the loaded days | 518,513.06 HYPE bought Aug-19 00:00Z → Sep-03 08:13Z, 16 days loaded from a public explorer's balance snapshots, the total checked against the fund's balance. Sep-03 after 08:13Z: 23,824.65 HYPE from Hyperliquid's own record. The fund's balance at the last trade the mirror carries and at the first trade Hyperliquid's API still serves pins the total. The split by day is loaded from a public explorer's balance snapshots of the fund: a day is its balance at the snapshot nearest 00:00Z of the next day minus at the one nearest 00:00Z of the day; the indexer keeps a snapshot every 3 to 6 hours, so 8 of the 16 day starts fall on the evening before (21:31Z to 23:41Z). A single day can be off by up to about a third: snapshots are 3–6 h apart, windows run 22–29 h; the 16-day total is exact. Aug-19 → Sep-02 sum to 512,511.96 HYPE; Sep-03 to 08:13Z is the rest of the exact total, 6,001.10 HYPE, and after it our own capture adds 23,824.65 HYPE: the Sep-03 bar is 29,825.75. The chart marks the span with a thin line. |
| 🩸 daily bar rule | a bar = the fund's balance at its first trade of the next UTC day minus its balance at its first trade of the day, minus HYPE that arrived by transfer. Not a sum of trades: the mirror misses trades inside some days, the balance does not. A day with no mirror file takes its balance from the previous day's last trade. |
| windows | 24 hours, 7 days and 365 days end at Oct-23 00:00Z, the close of the last closed UTC day (the levels: our capture's first snapshot of the running day, Oct-23 00:07Z); the windows to the last whole hour and the running day's levels are on Tape; 365 days means exactly 365 days (if the mirror has no file for the day a year back, the window starts at the last earlier hour we can pin, and the table prints its true length). Shares are given of the 1B cap and of Hyperliquid's current total supply (998,833,791 HYPE, which still counts the fund). |
| cadence | our capture runs every hour; the page is rebuilt hourly with the site, and the bars stop at the last CLOSED UTC day; so do the free view's windows and levels, the running day so far is on Tape |
| since | 2025-09-23 |
| this build | data to Oct-22 2026 |
| policy | no backfill · read it here · export: from 2026-09-04 (rows before that day are the exchange's own archive and stay here) |
| what | HYPE | of the 1B cap | of the current total supply | how it is counted |
|---|---|---|---|---|
| bought back · 24 hours | 27,614 | 0.0028% | 0.0028% | Oct-22 00:00Z → Oct-23 00:00Z, 24 hours · the fund's balance at the end minus at the start |
| bought back · 7 days | 139,046 | 0.0139% | 0.0139% | Oct-16 00:00Z → Oct-23 00:00Z, 7 days · the fund's balance at the end minus at the start |
| bought back · 365 days | 14,426,694 | 1.443% | 1.444% | Oct-23 2025 00:00Z → Oct-23 2026 00:00Z, 365 days · the fund's balance at the end minus at the start |
| bought back · all time | 48,210,481 | 4.821% | 4.827% | the fund's balance at Oct-23 00:00Z minus 454.98 HYPE that arrived by transfer, not by purchase |
| destroyed at source · to date | 1,477,806 | 0.148% | 0.148% | Hyperliquid's supply cut 1,166,209 (1B minus total supply) + HyperEVM zero address 309,917 + zero and dead addresses on Hyperliquid 1,679 · at Oct-23 00:07Z |
| destroyed at source · since our capture began | 79,388 | 0.0079% | 0.0079% | Sep-25 18:55Z → Oct-23 00:07Z, 653.2 hours of our own capture |
| the loaded days | 518,513.06 | 0.0519% | 0.0519% | 518,513.06 HYPE bought Aug-19 00:00Z → Sep-03 08:13Z, 16 days loaded from a public explorer's balance snapshots, the total checked against the fund's balance. Sep-03 after 08:13Z: 23,824.65 HYPE from Hyperliquid's own record |
| average buying pace | 26,457 | 26,457 HYPE a day over the last 30 closed days (Sep-23 → Oct-22) | ||
| 2026-10-22 | 27,614.46 | 0.0028% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-21 | 20,995.31 | 0.0021% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-20 | 22,445.07 | 0.0022% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-19 | 21,200.03 | 0.0021% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-18 | 14,085.07 | 0.0014% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-17 | 10,159.39 | 0.0010% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-16 | 22,546.88 | 0.0023% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-15 | 35,808.66 | 0.0036% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-14 | 24,917.89 | 0.0025% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-13 | 24,269.66 | 0.0024% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-12 | 24,476.83 | 0.0024% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-11 | 13,023.51 | 0.0013% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-10 | 10,195.67 | 0.0010% | Hyperliquid's public API and our own hourly capture | |
| 2026-10-09 | 15,671.95 | 0.0016% | Hyperliquid's public API and our own hourly capture |
The chart itself is drawn in the browser: turn JavaScript on to hover a day, pick a window and draw your line. The numbers above come from the last build, Oct-23 2026 21:24Z.
What the tape says today · what's new · all 111 metrics