{"id":92339,"date":"2025-12-18T10:14:08","date_gmt":"2025-12-18T07:14:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=92339"},"modified":"2025-12-18T17:08:56","modified_gmt":"2025-12-18T14:08:56","slug":"hyper-foundation-proposes-1-billion-hype-token-burn","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hyper-foundation-proposes-1-billion-hype-token-burn\/","title":{"rendered":"Hyper foundation proposes $1 billion HYPE token burn"},"content":{"rendered":"<p>The non-profit Hyper Foundation has proposed to recognize the HYPE tokens held in the Assistance Fund as <a href=\"https:\/\/forklog.com\/en\/news\/what-is-coin-burning-and-how-does-it-affect-prices\">burned<\/a> and permanently remove them from the total supply. These assets are valued at nearly $1 billion.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply.<\/p>\n<p>For context, the Assistance Fund converts trading fees to HYPE in a fully automated manner as part\u2026<\/p>\n<p>\u2014 Hyper Foundation (@HyperFND) <a href=\"https:\/\/twitter.com\/HyperFND\/status\/2001127850754367525?ref_src=twsrc%5Etfw\">December 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Assistance Fund is a mechanism of the <a href=\"https:\/\/forklog.com\/en\/news\/the-price-of-popularity-and-a-lesson-for-all-hyperliquid\">Hyperliquid<\/a> protocol at the L1 execution level. It automatically converts a significant portion of trading fees into HYPE. This process functions as a continuous buyback, creating deflationary pressure.<\/p>\n<p>The fund&#8217;s wallet lacks a private key, making it technically impossible to extract funds without a <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-hard-fork\">hard fork<\/a>. However, these coins are still reflected in statistics, distorting the project&#8217;s market capitalization data.<\/p>\n<p>The fund holds about 37 million HYPE\u2014over 13% of the current supply of approximately 270 million coins.<\/p>\n<p>If validators support the initiative, blockchain transactions will not be necessary. The decision will take the form of a &#8220;social consensus&#8221;: the community will agree to block any protocol updates that could grant access to these funds.<\/p>\n<p>The majority of validators have already backed the proposal. Voting will conclude on December 21.<\/p>\n<p>At the time of writing, HYPE is trading at $24.17, having decreased by 10% in the past 24 hours.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"625\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-4eeffb7257cd9900-1258256806400098-1024x625.png\" alt=\"HYPEUSDT_2025-12-18_09-46-21\" class=\"wp-image-271971\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-4eeffb7257cd9900-1258256806400098-1024x625.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-4eeffb7257cd9900-1258256806400098-300x183.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-4eeffb7257cd9900-1258256806400098-768x468.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-4eeffb7257cd9900-1258256806400098.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute HYPE\/USDT chart on Bitget exchange. Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/HYPEUSDT\/?exchange=BITGET\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>In November, Hyperliquid announced the launch of a privacy-focused blockchain.<\/p>\n<p>Later, the platform <a href=\"https:\/\/forklog.com\/en\/news\/the-price-of-popularity-and-a-lesson-for-all-hyperliquid\">launched<\/a> custom perpetual contract markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The non-profit Hyper Foundation has proposed to recognize the HYPE tokens held in the Assistance Fund as burned and permanently remove them from the total supply.<\/p>\n","protected":false},"author":1,"featured_media":92340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Hyper Foundation proposes to burn $1 billion in HYPE tokens.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1398,1823,785],"class_list":["post-92339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-burning","tag-hyperliquid","tag-voting"],"aioseo_notices":[],"amp_enabled":true,"views":"494","promo_type":"1","layout_type":"1","short_excerpt":"Hyper Foundation proposes to burn $1 billion in HYPE tokens.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=92339"}],"version-history":[{"count":2,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92339\/revisions"}],"predecessor-version":[{"id":92372,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92339\/revisions\/92372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/92340"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=92339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=92339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=92339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}