This governance proposal would enforce hype token burn, permanently removing over 10% of HYPE and clarifying long-term scarcity.This governance proposal would enforce hype token burn, permanently removing over 10% of HYPE and clarifying long-term scarcity.
Hyper Foundation governance plan on hype token burn could retire over 10% of supply
Hyper Foundation is moving forward with a governance push that would formalize a hype token burn and permanently tighten onchain supply, pending validator approval.
Hyper Foundation seeks to classify Assistance Fund HYPE as burned
The Hyper Foundation has introduced a governance proposal to treat all HYPE stored in the Hyperliquid Assistance Fund as permanently removed from circulation. The plan, unveiled on Dec. 17, 2025, asks validators to formally acknowledge that these tokens are effectively burned and should not count toward circulating or total supply.
Under the proposal, validators would vote to recognize that the HYPE in the Assistance Fund is already unreachable. Moreover, the Foundation emphasized that the tokens are locked in a system address that has never been controlled by a private key. As a result, no onchain transaction is necessary to change their status.
The validators’ decision would therefore center on accounting and governance, not technical execution. However, the outcome would shape long
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