The first-ever trading competition has officially concluded! 🏁
Based on total eligible volume, a $14,500 prize pool will be distributed.
🎉 Congratulations to all participants and a special shoutout to the Top 10 winners, who will be receiving their share of USDC directly in their Hypercore wallets within the next 24 hours.
We have over 200 Participants and since this is the first ever competition, we will be gifting $50 EACH to participants ranked 11 to 20.
Stay tuned for the next round. Refer to the ROI Methodology below
ROI Methodology
Our system calculates a time-weighted average account value to prevent competition gaming. Here's how:
1. Collects account snapshots from user registration through competition end using Hyperliquid's portfolio API
2. Calculates time-weighted average by measuring how long the account stayed at each value level
3. Uses the formula: ROI = (PnL / Time-Weighted Average) × 100
This prevents traders from:
- Depositing large amounts right before snapshot times
- Gaming with tiny starting balance
- Withdrawing funds strategically to inflate percentages
Link to X
Based on total eligible volume, a $14,500 prize pool will be distributed.
🎉 Congratulations to all participants and a special shoutout to the Top 10 winners, who will be receiving their share of USDC directly in their Hypercore wallets within the next 24 hours.
We have over 200 Participants and since this is the first ever competition, we will be gifting $50 EACH to participants ranked 11 to 20.
Stay tuned for the next round. Refer to the ROI Methodology below
ROI Methodology
Our system calculates a time-weighted average account value to prevent competition gaming. Here's how:
1. Collects account snapshots from user registration through competition end using Hyperliquid's portfolio API
2. Calculates time-weighted average by measuring how long the account stayed at each value level
3. Uses the formula: ROI = (PnL / Time-Weighted Average) × 100
This prevents traders from:
- Depositing large amounts right before snapshot times
- Gaming with tiny starting balance
- Withdrawing funds strategically to inflate percentages
Link to X
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Based is proud to announce MoonPay as its key partner for on-ramping.
Use Apple Pay, Google Pay, or your card to buy crypto and deposit it for trading. The platform will also accept PayPal, Venmo, Revolut Pay and bank transfers, depending on your region.
Stay Based.
Hyperliquid
Link to X (Based)
Link to X (MoonPay)
Use Apple Pay, Google Pay, or your card to buy crypto and deposit it for trading. The platform will also accept PayPal, Venmo, Revolut Pay and bank transfers, depending on your region.
Stay Based.
Hyperliquid
Link to X (Based)
Link to X (MoonPay)
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BASED x OTTIES
5 NFT to Giveaway! 5 winners.
1️⃣ Follow Based and Otties
2️⃣ Repost & tag 2 friends!
2x chances if you have Hyperliquid NFT as PFP
For Otties holders, remember to sign up in the google form to register for XP Boost!
Link to X
5 NFT to Giveaway! 5 winners.
1️⃣ Follow Based and Otties
2️⃣ Repost & tag 2 friends!
2x chances if you have Hyperliquid NFT as PFP
For Otties holders, remember to sign up in the google form to register for XP Boost!
Link to X
❤5🔥2
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Snapshot for the 1st ever Hyperdrop has been taken at 12pm UTC on 19th August.
A total of ~4100 addresses have qualified. We have removed sybil addresses to create a fair airdrop.
$PUP Airdrop will be released over the next 48 hours. More details to follow.
Link to X
A total of ~4100 addresses have qualified. We have removed sybil addresses to create a fair airdrop.
$PUP Airdrop will be released over the next 48 hours. More details to follow.
Link to X
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Treasury Update
$50,000 USD worth of builder fees has been used to buyback ~1,250 $HYPE, strengthening the HYPE treasury at BASED. This marks a key step in reinforcing long-term alignment and ecosystem value.
https://hypurrscan.io/address/0x1924b8561eef20e70ede628a296175d358be80e5
Stay Based.
Hyperliquid
Link to X
$50,000 USD worth of builder fees has been used to buyback ~1,250 $HYPE, strengthening the HYPE treasury at BASED. This marks a key step in reinforcing long-term alignment and ecosystem value.
https://hypurrscan.io/address/0x1924b8561eef20e70ede628a296175d358be80e5
Stay Based.
Hyperliquid
Link to X
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$PUP token launched by Upheaval and airdropped to our users will be claimable at 6am UTC.
Airdrop Page here
Note: you'll need some $HYPE in your wallet on HyperEVM for gas to claim airdrops on Based & perform actions in the HyperEVM chain.
Bridge HYPE from Spot to EVM here
Bridge powered by Upheaval team
More airdrops coming soon for Based users. Trade & get rewarded.
Link to X
Airdrop Page here
Note: you'll need some $HYPE in your wallet on HyperEVM for gas to claim airdrops on Based & perform actions in the HyperEVM chain.
Bridge HYPE from Spot to EVM here
Bridge powered by Upheaval team
More airdrops coming soon for Based users. Trade & get rewarded.
Link to X
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1st ever EVM airdrop on HyperEVM for Based users is complete!
500+ claims were made within the first 10 minutes via our Merkle airdrop platform, a smooth launch overall.
We’re now optimizing for scale:
- Upgrading Based mobile wallet UX
- Improving web terminal performance
- Telegram bot support for airdrops & EVM trading
Meanwhile, $PUP launched with a ~$2M market cap on Upheavalfi and is already trading near ~$3M.
Link to X
500+ claims were made within the first 10 minutes via our Merkle airdrop platform, a smooth launch overall.
We’re now optimizing for scale:
- Upgrading Based mobile wallet UX
- Improving web terminal performance
- Telegram bot support for airdrops & EVM trading
Meanwhile, $PUP launched with a ~$2M market cap on Upheavalfi and is already trading near ~$3M.
Link to X
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gBased
Touch grass before touching charts @ Token2049 🇸🇬
Pickleball x Kaya Toast x Alpha convos with builders & traders
Oct 2 | 9AM - 1PM | Dempsey Courts
Time to get Based IRL 👉 https://lu.ma/25b93x6x
Link to X
Touch grass before touching charts @ Token2049 🇸🇬
Pickleball x Kaya Toast x Alpha convos with builders & traders
Oct 2 | 9AM - 1PM | Dempsey Courts
Time to get Based IRL 👉 https://lu.ma/25b93x6x
Link to X
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Introducing Based Desktop App, a platform created for Low-Latency Trades.
🔸 30% more performant than browser
🔸 Advanced trading orders exclusive to Desktop
🔸 Runs in the background without pausing
🔸 Native notifications on fills & liquidations
Trade faster. Stay Based.
👉🏻 app.based.one/desktop-download
Link to X
🔸 30% more performant than browser
🔸 Advanced trading orders exclusive to Desktop
🔸 Runs in the background without pausing
🔸 Native notifications on fills & liquidations
Trade faster. Stay Based.
👉🏻 app.based.one/desktop-download
Link to X
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Introducing Privacy TWAP
It is a challenge for size traders to trade on Hyperliquid using normal TWAPs as it tends to broadcast their full position sizing. This is why such traders tend to use specialized desktop terminals that not only obfuscates their trade sizing, but also stick to tools that do not front-run them.
Based's Privacy TWAP changes the game on Hyperliquid:
🔸 Orders are executed fully client-side (inside the user’s desktop client).
🔸 No one, not even us as the trading terminal can frontrun or see your execution path.
🔸 This makes TWAP execution completely private.
Trade with size, trade with confidence on Based.
Stay Based.
Hyperliquid
Link to X
It is a challenge for size traders to trade on Hyperliquid using normal TWAPs as it tends to broadcast their full position sizing. This is why such traders tend to use specialized desktop terminals that not only obfuscates their trade sizing, but also stick to tools that do not front-run them.
Based's Privacy TWAP changes the game on Hyperliquid:
🔸 Orders are executed fully client-side (inside the user’s desktop client).
🔸 No one, not even us as the trading terminal can frontrun or see your execution path.
🔸 This makes TWAP execution completely private.
Trade with size, trade with confidence on Based.
Stay Based.
Hyperliquid
Link to X
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Introducing Based – the first true omnichannel trading experience on Hyperliquid 🚀
No matter where you are, you can trade seamlessly across 4 powerful products:
🔸 Mobile App – iOS & Android
🔸 Web Terminal – Accessible & Intuitive
🔸 Telegram App – Trading Bot within Telegram
🔸 Desktop App – Incognito Trades & Highly Performant
Trade anytime, anywhere. One platform, every channel.
👉 Download Based now & start trading smarter: https://linktr.ee/BasedOne
Link to X
No matter where you are, you can trade seamlessly across 4 powerful products:
🔸 Mobile App – iOS & Android
🔸 Web Terminal – Accessible & Intuitive
🔸 Telegram App – Trading Bot within Telegram
🔸 Desktop App – Incognito Trades & Highly Performant
Trade anytime, anywhere. One platform, every channel.
👉 Download Based now & start trading smarter: https://linktr.ee/BasedOne
Link to X
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Introducing Based Cloud
We’re making it possible for anyone and any project to launch their very own exchange in under 5 minutes. No heavy dev work, no months of setup — just a few clicks to go live.
With Based Cloud, you can:
🔸Create a fully branded trading terminal with your own colors, logo, and layout
🔸 Enable plugins to customize functionality and features
🔸 Set your own fees and build a sustainable revenue stream
🔸 Provide your users with the full power of Hyperliquid’s infrastructure — unmatched speed, deep liquidity, and reliability
Why does this matter?
Because projects, communities, and NFT collections don’t need to be limited to someone else’s platform. With Based Cloud, you own the experience. You control the branding, the features, and the upside.
If you’re a project owner, builder, or even an NFT project on Hyperliquid and want to give your community its very own trading terminal — reach out to us today via Discord!
Read more about Based Cloud: https://medium.com/basedone/binance-cloud-try-based-cloud-c3428a957fb1
Based Cloud Site: https://based.one/cloud
Link to X
We’re making it possible for anyone and any project to launch their very own exchange in under 5 minutes. No heavy dev work, no months of setup — just a few clicks to go live.
With Based Cloud, you can:
🔸Create a fully branded trading terminal with your own colors, logo, and layout
🔸 Enable plugins to customize functionality and features
🔸 Set your own fees and build a sustainable revenue stream
🔸 Provide your users with the full power of Hyperliquid’s infrastructure — unmatched speed, deep liquidity, and reliability
Why does this matter?
Because projects, communities, and NFT collections don’t need to be limited to someone else’s platform. With Based Cloud, you own the experience. You control the branding, the features, and the upside.
If you’re a project owner, builder, or even an NFT project on Hyperliquid and want to give your community its very own trading terminal — reach out to us today via Discord!
Read more about Based Cloud: https://medium.com/basedone/binance-cloud-try-based-cloud-c3428a957fb1
Based Cloud Site: https://based.one/cloud
Link to X
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BASED Telegram Trading Bot has been upgraded and is now also available on HyperEVM on top of HyperCore.
Here are the new features:
🔸 Show HyperEVM tokens balance
🔸 Swap across HyperEVM tokens
🔸 Auto unwrap of $HYPE
🔸 Multi-hop swaps
🔸 Gas token reserved
🔸 Integrated w/ Hype Spot
Coming Soon
- Display Price & MarketCap
- Integration w/ USDC Spot
- Integration w/ more dexes on HyperEVM
👉🏻 https://news.1rj.ru/str/based_one_bot
Link to X
Here are the new features:
🔸 Show HyperEVM tokens balance
🔸 Swap across HyperEVM tokens
🔸 Auto unwrap of $HYPE
🔸 Multi-hop swaps
🔸 Gas token reserved
🔸 Integrated w/ Hype Spot
Coming Soon
- Display Price & MarketCap
- Integration w/ USDC Spot
- Integration w/ more dexes on HyperEVM
👉🏻 https://news.1rj.ru/str/based_one_bot
Link to X
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BasedApp will be ceasing our Visa Card product in Singapore. As of the date of this statement, BasedApp has ceased accepting new applications for the Visa Card.
After careful consideration, we have decided to refocus our efforts on self-custodial wallet software, and international expansion outside of Singapore. To stay lean and focused, we have withdrawn our application for a licence under the Payment Services Act 2019 before the Monetary Authority of Singapore.
For more information, please refer to our public announcement here:
https://based.one/sg/account-notice
Link to X
After careful consideration, we have decided to refocus our efforts on self-custodial wallet software, and international expansion outside of Singapore. To stay lean and focused, we have withdrawn our application for a licence under the Payment Services Act 2019 before the Monetary Authority of Singapore.
For more information, please refer to our public announcement here:
https://based.one/sg/account-notice
Link to X
🤯15🫡9☃1🥱1
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Over $100k in affiliate fees has just been paid out to our community.
Total affiliate fees issued till date exceeded half a million USD!
Refer & Earn up to 72% in commissions.
Get your own personalized affiliate link at
> https://app.based.one/affiliate/portal
Stay Based
Hyperliquid
Link to X
Total affiliate fees issued till date exceeded half a million USD!
Refer & Earn up to 72% in commissions.
Get your own personalized affiliate link at
> https://app.based.one/affiliate/portal
Stay Based
Hyperliquid
Link to X
❤6🔥2
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As requested by some of our community members, we have now added another language onto our platform.
New Language Added : Japanese 🇯🇵
コミュニティの皆さま、これまでのご支援ありがとうございます!
これからも皆さまに貢献できるよう最善を尽くしてまいります。
Hyperliquid
Link to X
New Language Added : Japanese 🇯🇵
コミュニティの皆さま、これまでのご支援ありがとうございます!
これからも皆さまに貢献できるよう最善を尽くしてまいります。
Hyperliquid
Link to X
❤8
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First Based Cloud deployment now live.
This new partner/franchisee of ours operates a FX brokerage, and is looking to bring Decentralized Crypto Perps to their audience located in the asian regions!
This is all powered by Based Cloud on Hyperliquid. Bringing more of Hyperliquid to people all over the world one franchise at a time.
If you are keen to work with us and build your own Exchange, reach out to us and we will put you in queue.
Learn more about Based Cloud: https://based.one/cloud
Hyperliquid
Link to X
This new partner/franchisee of ours operates a FX brokerage, and is looking to bring Decentralized Crypto Perps to their audience located in the asian regions!
This is all powered by Based Cloud on Hyperliquid. Bringing more of Hyperliquid to people all over the world one franchise at a time.
If you are keen to work with us and build your own Exchange, reach out to us and we will put you in queue.
Learn more about Based Cloud: https://based.one/cloud
Hyperliquid
Link to X
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Introducing Flow Battle: Season 1
🔸Win up to $50,000 USD in prizes
🔸Exclusive NFTs up for grabs
🔸Premium Access to CMM
🔸Top 10 winners will walk away with prizes
Duration: 6th-16th Sept
Proudly Sponsored by
CoinMarketMan, HyperTracker, Upheaval, Odd Otties, Bald Brothers & illiquid
Community Partners: Hypurr Collective
Pre-Register here
Are you ready to flow?
Hyperliquid
Link to X
🔸Win up to $50,000 USD in prizes
🔸Exclusive NFTs up for grabs
🔸Premium Access to CMM
🔸Top 10 winners will walk away with prizes
Duration: 6th-16th Sept
Proudly Sponsored by
CoinMarketMan, HyperTracker, Upheaval, Odd Otties, Bald Brothers & illiquid
Community Partners: Hypurr Collective
Pre-Register here
Are you ready to flow?
Hyperliquid
Link to X
❤4🔥4
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Deposit into Hyperliquid Vaults like HLP directly from our web terminal - no fees on deposits.
Your assets start working instantly, earning yield while staying fully connected to the Hyperliquid ecosystem.
Based, the all-in-one app for traders.
Stay Based
Hyperliquid
Link to X
Your assets start working instantly, earning yield while staying fully connected to the Hyperliquid ecosystem.
Based, the all-in-one app for traders.
Stay Based
Hyperliquid
Link to X
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We've been receiving many queries from users about Based preventing users from wash trading. In our conversations with users, we tend to discourage users from wash trading as it is not desirable.
Our goal at Based is to build the best trading tools to ensure Hyperliquid users gain an edge versus traders on CEX. While everyone is generally bullish on our ecosystem as a whole, our team has no intention of extracting fees at our users' expense. This is also why our builder fee is amongst one of the lower-mid tier ones.
While we do not actively hunt wash traders, it is important to understand that we wish for our traders to profit not only from our ecosystem, but it is also important to us that they profit from trading activities.
This is one of our most important goals in building Based! Our team is generally strict on Sybils who provide no economic benefit to our ecosystem, and are generally net extractors.
Other than that, we tend to favor our loyal users who stay. We have some updates coming out for some of our core loyal users soon!
Stay Based
Hyperliquid
Link to X
Our goal at Based is to build the best trading tools to ensure Hyperliquid users gain an edge versus traders on CEX. While everyone is generally bullish on our ecosystem as a whole, our team has no intention of extracting fees at our users' expense. This is also why our builder fee is amongst one of the lower-mid tier ones.
While we do not actively hunt wash traders, it is important to understand that we wish for our traders to profit not only from our ecosystem, but it is also important to us that they profit from trading activities.
This is one of our most important goals in building Based! Our team is generally strict on Sybils who provide no economic benefit to our ecosystem, and are generally net extractors.
Other than that, we tend to favor our loyal users who stay. We have some updates coming out for some of our core loyal users soon!
Stay Based
Hyperliquid
Link to X
❤3
We’ve just crossed $2 Billion in 30 days trading volume!
A huge thank you to our community. This milestone wouldn’t have been possible without your support.
Every trade, every user, every builder pushing with us has contributed to this growth.
We’re just getting started. Our focus remains on building even more powerful tools for the Hyperliquid ecosystem and making Based the best place to trade, build, and grow together.
Stay tuned - The next phase is only getting bigger.
Stay Based.
Hyperliquid
Link to X
A huge thank you to our community. This milestone wouldn’t have been possible without your support.
Every trade, every user, every builder pushing with us has contributed to this growth.
We’re just getting started. Our focus remains on building even more powerful tools for the Hyperliquid ecosystem and making Based the best place to trade, build, and grow together.
Stay tuned - The next phase is only getting bigger.
Stay Based.
Hyperliquid
Link to X
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