HYPE-INCINERATOR

How Hype Incinerator Works (Compared to Solana Token Burning)

Hype Incinerator is the first dedicated token burn tool on the HyperEVM chain. It allows users to burn any ERC-20 or LP token through a simple, decentralized on-chain process. But how does it work under the hood? And how does it compare to token burning on Solana?

🔧 How Hype Incinerator Works

Token burning on HyperEVM uses a smart contract that executes one core function:

burnTokens() — removes token from circulating supply and logs the burn event

🔥 How It Compares to Solana Token Burning

✔ Key Differences Between HyperEVM and Solana

Feature	HyperEVM (Hype Incinerator)	Solana (SPL Burning)
Token System	ERC-20 standard — no token accounts	Uses token accounts requiring rent
Refund on Burn	ERC-20 has no rent model	Rent from token accounts can be refunded
Verification	Contract events + explorer tracking	Transaction logs + SPL program instructions
LP Token Burning	Burns ERC-20 LP tokens directly	Burns LP token accounts tied to mints

✔ Similarities Between Both Chains

Burns are permanent and irreversible
Burns reduce circulating supply
All burns can be verified on-chain

🧪 Why Developers Use Hype Incinerator

Proof-of-burn for transparency
LP-token burning for liquidity locking
Supply reduction events
Community trust-building

Updated: November 2025