HYPE: Supply Breakdown
Hyperliquid Supply Breakdown: daily data through 8 Nov 2026.
Where HYPE's maximum supply of 1 billion sits: in circulation, still to be emitted, in the other non-circulating balances Hyperliquid lists, held by the Assistance Fund, and burned by other routes.
Why use it. Shows how much of the maximum supply is already tradable, how much is still to come from emissions, and how much the fund's purchases and other burns have taken out for good. How to read it. The bands stack to the maximum supply. The Assistance Fund band grows with every purchase; future emissions shrink as they are released into circulation.
Calculation. From each reading of Hyperliquid's public token details: circulating supply; future emissions; the non-circulating balances it lists other than the Assistance Fund; the fund's balance; and maximum supply minus total supply, the HYPE burned by other routes. Total supply as Hyperliquid reports it is the maximum supply minus that last band, so it still counts the fund's HYPE. The parts sum to the maximum supply. Ten-minute values are the reading at the end of the period; hourly and daily values are the period's last reading, and the open period shows its latest reading as a labelled partial. History starts on 7 November 2026, when our readings began; no earlier values are reconstructed. Source: our own reading of Hyperliquid's public info API (no node, no third-party data): HYPE's token details every ten minutes, and the Assistance Fund's public account state and fills. The Assistance Fund is the HyperCore system account 0xfefe…fefe that converts trading fees into HYPE automatically as part of block execution; Hyperliquid's documentation says HYPE in the fund is burned, removed from the circulating and total supply.