The $HYRE flywheel is live. Every agent call now burns $HYRE.
HYRE's buyback & burn program is on. 20% of protocol revenue buys $HYRE on the open market and destroys it on-chain — automatically, verifiably, every 5 minutes. In the first day, the keeper burned 90K+ $HYRE across its first burns, all visible on the live tracker.
SUPPLY ONLY GOES DOWN
$HYRE started at 1,000,000,000 supply. It will never see that number again. Usage — not promises — drives the burn: more agent calls, more revenue, more $HYRE destroyed.
How the loop works
Agents pay
Autonomous agents pay per call across HYRE's rails — x402, MPP, Agent Chat, and ME Protocol.
Revenue pools
20% of protocol revenue is allocated to buybacks. The other 80% funds operations and the stack.
Buyback & burn
Pooled revenue buys $HYRE on the open market. Bought tokens land in a dedicated burn wallet — and a keeper destroys them within 5 minutes.
Supply only goes down
Every burn is a real SPL burn that reduces totalSupply on-chain. Not a transfer to a dead address — gone from existence.
Real burns, not theater
Plenty of projects "burn" tokens by sending them to a dead address — the tokens still exist, supply never changes, and explorers still count them. HYRE burns are SPL burn instructions: totalSupply drops on-chain with every transaction. The burn wallet's only job is to be emptied — anything that lands there is destroyed by the keeper on the next 5-minute cycle, then logged to the public feed.
Verify everything
Live tracker
Every burn streams to the burn tracker in real time — amount, USD value, source, and transaction.
Open →On-chain
Each burn is a Solana transaction you can open on Solscan. Total burned = 1B initial supply minus live totalSupply.
Open →Public API
The full feed is a free public endpoint — totals, burn rate, revenue mix, and wallet balances. No key needed.
Open →What feeds the loop
The flywheel runs on real usage across the HYRE stack: 22 paid DeFi data endpoints, 13 MCP tools for Claude and Cursor, the Agent Chat, the LLM Gateway, and ME Protocol identities. Every one of them routes revenue into the same pool — and 20% of it comes back as buy pressure on $HYRE. Holding closes the loop from the other side: 1M $HYRE held unlocks daily free Gateway inference, plus a 10% bonus on every credit purchase.
Follow the burns
Every burn is announced in real time in the Hyre Agent Community on Telegram — amount, USD value, total burned, and the transaction link.