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

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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.

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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.

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Based is launching a Permanent XP Boost Program to reward our loyal Based users.

$PUP was distributed solely to the Based community, with larger allocations given to bigger holders. This allowed us to identify and reward those who have been loyal from the start.

XP Boost Criteria

For Airdrop Recipients:
• Hold 35% or more of your airdropped PUP → 25% XP boost
• Hold 70% or more of your airdropped PUP → 50% XP boost
• Hold 110% or more (added beyond your airdrop) → 60% XP boost

This framework rewards loyalty over bag size. Even with a smaller airdrop, you can unlock meaningful boosts by holding instead of selling.

For Non-Airdrop Users:
• Buy and hold 2,000,000 spot PUP → 25% XP boost

This ensures newcomers to the ecosystem can participate and be rewarded, while long-term supporters maintain the highest benefits.

Loyalty Program activates in few hours’ time.

Stay Based.
Hyperliquid

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The Flow Battle has officially begun!
Compete for your share of $50,000 in cash prizes, exclusive NFTs, and more.

Sign up anytime during the competition period.

It’s never too late to join.

Finish in the Top 10 amongst the 700 participants who signed up and you could walk away with incredible rewards.

https://app.based.one/competitions/5ade2e94-e9e7-4955-8eaf-7c4a5d151ec1

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Based x Ethena

We’re happy to announce a strategic investment from Ethena.

This marks the first step in our partnership to accelerate USDe adoption across the Hyperliquid ecosystem.

We think USDe can play a key role in the Hyperliquid ecosystem, and want to be a conduit through which that can happen.

At Based, our mission is to build the best platform for people to trade and spend crypto.

Based is currently one of the largest trading platforms on Hyperliquid. Today, Based accounts for nearly 7% of Hyperliquid’s 24h global Hyperliquid perp volume with our builder code exchange.

We also issue debit cards for people to spend stablecoins anywhere around the world.

By working closely with Ethena, we aim to deliver a better experience for traders to trade on Hyperliquid and explore real-world use cases for stablecoin payments with USDE.

More information about how we are working together will be shared in the coming months.

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Stats of our first ever Flow Battle, all in just under 3 days:

✅ $250m trading volume
✅ > 1000 participants
✅ $15,000 USD prize pool and increasing

7 more days to go before we crown the #1 Flow Trader for Season 1

Join today (Sign up is free) 👉🏻 https://app.based.one/competitions/5ade2e94-e9e7-4955-8eaf-7c4a5d151ec1

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