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Based Announcements
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Announcements from Based

Website: https://based.one/
Twitter: https://twitter.com/BaseOneX
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Based just hit the highest 24h builder revenue for any app on Hyperliquid since it's inception.

Want a share of that revenue? Build on Based.

Create tools that benefit our traders and we’ll share the upside with you.

Reach out to us today: https://based.one/contact

Stay Based.
Hyperliquid

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Builders! Get started fast with your first Based MiniApp.

Learn:
🔸 How MiniApps work under the hood
🔸 Security + architecture
🔸 Simple API with full examples

Your 101 Guide to getting started is right here👇

https://basedapp.gitbook.io/docs/developers/based-miniapp

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Introducing Basedpad, the #1 Launchpad on Hyperliquid

🔸Gain access to public Zero-Fee launchpad
🔸Special whitelist for loyal Based & Hyperliquid supporters

Read more: https://medium.com/basedone/a-hyperliquid-launchpad-product-by-based-8ab116e17396

Stay Based.
Hyperliquid

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$PUP token launched by our partner Upheaval is now tradeable on all of Based Platforms.

Trade using our terminal and start earning some Based points: https://app.based.one/PUP/USDC

Stay Based.

Hyperliquid

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Based Milestone + XP Update

We’re proud to announce that Based has officially crossed $9 BILLION in total trading volume.

Over the past months, we’ve rolled out new features and products every week to stay ahead, helping traders maximize profitability and that’s why they continue to choose Based.

Once we hit the $10 Billion mark, XP points from trading will be reduced by 25% across the board. We will reduce XP points more along the way as we hit new milestones.

This adjustment is designed to reward our earliest users who believed in us and helped build what we have today. Without you, none of this would’ve been possible.

Stay Based.
Hyperliquid

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Supporting HyperEVM Projects and Why It’s Important.

As we approach terminal velocity in gaining "Hyperliquid dominance (~25%)" on Hyperliquid, we recognise how it is important to focus on the things that truly matter; growing Hyperliquid.

Today, Based traders account for ~920m USD trading volume on UBTC on a daily basis (H/T to HyperTracker for data). This showcases the appetite of Based traders for spot trading via Based One trading tools. Our goal is to ensure most of this trading volume ends up in areas that grow Hyperliquid in meaningful ways; Especially HyperEVM.

Thus, Based XP program will be altered to lower incentives on all spot trading markets and focus on HyperEVM graduates (largely resulting from Upheaval's UIP-1). The ~2x boost on spot trading pairs will be removed, and will instead be applied to HyperEVM graduates such as $PUP token, and any future graduates.

We believe that this move will have a small gradual impact of bringing trading volume and interest into HyperEVM runners to build a more conducive environment for builders on Hyperliquid. Volume is king after all, and it is much preferred that volume is directed towards growing HyperEVM projects to grow Hyperliquid ecosystem to greater heights.

Effective changes:

🔸 XP Boosts removed on major spot trading pairs
🔸 Trade $PUP on Spot → Earn 2x XP
🔸 Strengthen activity + trading volume on HyperEVM, benefitting HyperEVM ecosystem projects

By supporting HyperEVM graduates, we are supporting the growth of the Hyperliquid ecosystem. The EVM chain is as important as Hyperliquid - it’s where innovation thrives, where different builders come together, and where the ecosystem can truly scale.

HyperEVM has already grown into one of the fastest-growing EVM chains, with TVL increasing 10x in just 5 months. With our strong reach, we aim to accelerate its growth. Based is Hyperliquid Aligned.

Stay Based.
Hyperliquid

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Affiliate payouts have just been processed. Nearly $2.5 million in fees have been distributed to Based users this time.

Earn airdrops, referral fees & more - only on Based.

Create your unique referral link & start earning now 👇🏻

https://app.based.one/affiliate

Stay Based
Hyperliquid

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Sustainable Growth Is Important

Yesterday, we made a decision to lower XP benefits right as we hit an all-time-high in $871k USD daily revenue on builder codes. Today, our daily revenue on builder codes is ~$300k USD. This is a reminder to users of Based that our goal is to ensure all of you turn a healthy PNL when trading. The goal was never to extract value from the space with the use of Builder Fees. We aim to sustainably grow the ecosystem with our trading revenue.

Recently, a post made its rounds about how airdrops are inherently bad. This is not the case. Inflated expectations against mismatched outcomes are what necessitates a bearish outcome for airdrops. We do not wish for this to happen for projects that launch via us. This is why it is important to us that our traders are trading healthily and not aiming to maximise volume for maximum airdrops. Do take the airdrops as a bonus when they come, and you will be suprised by the outcomes.

On a happier note, HyperEVM graduate tokens are now trading around ~70m USDC in daily volume, a 3x of what it is versus yesterday. This is a positive outcome overall as liquidity flows into meaningful projects that not only bring more eyeballs to Hyperliquid, but also creates a virtuous cycle of liquidity seeping into good HyperEVM projects. We aim to do more for such HyperEVM graduate tokens, and have a few plans to do so. Do watch this space.

Stay Based.
Hyperliquid

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Flow Battle Season 1 has concluded.

Competition Stats
🔸 > 2650 Traders Participated
🔸 > $50,000 worth in prizes won
🔸 > $2.7 Billion in Trading Volume Generated

Congrats to the winners of this competition! If you ranked in the Top 20, you’ll receive a special badge next to your profile. This badge will appear in the next and all future competitions - a mark of honor for the top < 1% of traders among thousands of participants. 🏅

Cash and NFT prizes will be issued automatically to the winning addresses within the next 72 hours.

For the top 2 winners who have won a 1 year of CMM subnoscription each, please reach out to them on X to verify your address to claim it.

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Introducing Flow Battle: Season 2

🔸Top 5 winners will win a brand new iPhone 17 each
🔸 $40,000 USD in cash prizes
🔸Exclusive NFTs up for grabs
🔸Premium Access to CMM
🔸Top 10 winners will all walk away with prizes
🔸Top 20 winners will get a exclusive badge each

Duration: 17th Sept - 2nd Oct

Are you ready to flow?

Registration link below 👇🏻

https://www.basedapp.io/competitions/c4daff3b-496b-4d0e-af35-742f92b598a9

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#2 All Time Revenue 🏆

In under 100 days

More to come

Stay Based

Hyperliquid

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Introducing Express Deposit on Based

Bridge any tokens from other chains directly into USDC on HyperCore seamlessly with Based. Bridge and receive under 12 seconds!

We now support:
🔸 Thousands of tokens on different chains
🔸 Auto-conversion from any asset into USDC on HyperCore
🔸 Fiat onramp from 100+ countries worldwide

Our goal has always been to make Hyperliquid accessible to the masses and this token bridge allows us to onboard even more users with a seamless onboarding experience.

Now available on Web Terminal 👇🏻

https://app.based.one/

Stay Based.

Hyperliquid

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Introducing Our 1st Fair Launch

We’re officially kicking off our launchpad with Upheaval, a next-generation DEX with Jumppad Feature built on HyperEVM.

Key Dates
• Airdrop Snapshot: Sept 21st, 12:00 PM UTC
• Launchpad Opens: Sept 22nd, 4:00 AM UTC
• Launchpad Closes: Sept 25th, 4:00 AM UTC
• Claim Opens: Sept 26th, 4:00 AM UTC

How to Participate
• Ensure your wallet is ready before the snapshot date
• Commit during the Launchpad window (Sept 22–25)
• Claim your allocation starting Sept 26th

This marks the first ever Launchpad on Based, a significant milestone for the Based ecosystem. A beginning of a new era.

Link to launchpad below 👇

https://app.based.one/launchpad

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Announcing the first MiniApp on Based

In partnership with the CMM HyperTracker team, we collaborated to bring Based traders the first ever MiniApp!

This MiniApp allows traders to view important positional data and important insights for traders on Hyperliquid. This helps you to determine trends with greater accuracy, allowing you follow profitable traders, or even to counter-trade loss-making traders.

With this integration, it showcases how MiniApps can work within of Based trading terminal. Over time, some of these MiniApps can also be installed on Mobile, which will provide us with the most holistic trading experience, primed to provide traders with even more trading edge!

Trade smart, trade with Based.

Stay Based.
Hyperliquid

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$UPHL launchpad details

🔸 Participate using wHYPE on HyperEVM
🔸 Launchpad closes in 3 days: Sept 25th, 4:00 AM UTC
🔸 Claim Opens: Sept 26th, 4:00 AM UTC
🔸 If total commitments exceed the max raise, excess wHYPE will be refunded during the claim process
🔸 You can still commit even when the raise is oversubscribed
🔸 Whitelisted participants are based on $PUP snapshot taken on 21st Sep

Join here 👉 https://app.based.one/launchpad

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Trading Terminal Update: Universal Search

Quickly jump to token charts, set your preferred candle intervals, and access everything instantly.

With Universal Search, you can also navigate directly to the homepage, portfolio, and leaderboard - all at your fingertips.

Shortcut: ctrl/cmd + k

Stay Based

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Introducing the Boosted Airdrop: Rewarding Loyalty and Alignment

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1.5 hours left until the launchpad sale closes.

Despite being over 60x oversubscribed on the public sale, you can still commit. Allocations will be distributed proportionately, and any excess wHYPE will be refunded.

The sale ends sharply at 4:00 AM UTC.

https://app.based.one/launchpad

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Our first launchpad has officially concluded and we are proud to share that the public sale has been oversubscribed by 110x. A total sum of 73m USD has been committed in this launchpad, signalling huge enthusiasm in token launches on Hyperliquid.

The road to house all of finance is paved by having fair, equitable token launches that everyone can look forward to. Much has happened over the few days, with lessons learned along the way. More on this soon. In the meantime, do look out for the following key events as we navigate the conclusion of Based's first ever launchpad.

Timeline of Events (26th September):
🔸 ~4:00 AM UTC: $UPHL goes live for trading on HyperCore (Hyperliquid).
🔸 Shortly after listing: Users will be able to claim their $UPHL.
🔸 6:00 AM UTC: Airdrop claim window opens - you can then either claim immediately or choose vesting for a higher multiplier.

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Based Announcements
Our first launchpad has officially concluded and we are proud to share that the public sale has been oversubscribed by 110x. A total sum of 73m USD has been committed in this launchpad, signalling huge enthusiasm in token launches on Hyperliquid. The road…
UPHL Launch Event Schedule

4:00 AM UTC: Trading & Initial Claims Begin
🔸 Launchpad Claims and Refunds Available: Claims for tokens purchased and refunds during the UPHL launchpad sale will be available at https://app.based.one/launchpad.
🔸 Tokens will be claimed directly to your wallet on the HyperEVM.
🔸 Once claimed, these tokens will be tradeable on Upheaval DEX or can be transferred to HyperCore to be traded on Based (UPHL/USDC) or on Hyperliquid (UPHL/USDC).
🔸 Trade $UPHL on Based or Hyperliquid: You can trade this pair directly on app.based.one/UPHL/USDC or https://app.hyperliquid.xyz/trade/UPHL/USDC
🔸 Trade $UPHL on Upheaval DEX: https://upheaval.fi/swap?outputCurrency=0x9c3Bcc457862dd6d8907BA11F8c7FE7E43A8C08b&inputCurrency=HYPE

6:00 AM UTC: Airdrop Claim Opens
🔸 Airdrop Claims Available: The UPHL airdrop for UP Points, Based XP, and PUP holders will be claimable at https://app.based.one/airdrop.
🔸 Tokens will be claimed to your HyperEVM address.
🔸 These tokens are tradeable immediately on Upheaval DEX or can be transferred to HyperCore for trading on Hyperliquid or Based.
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Concluding 1st Launchpad

Thanks to the Based and Hyperliquid community for participating in the first Launchpad + Airdrop event on Based conducted for Upheaval.

In this event, we've seen a total of 80mil USD in HYPE being committed into the launchpads (with 110x oversubnoscription), indicating a strong appetite from the Hyperliquid community on token launch events. We hope this sets a precedent, and that strong developer teams on Hyperliquid are able to conduct meaningful TGEs to reward their community.

Remember not to trade on the wrong ticker. The ticker for the current active token is $UPHL on Based and on Hyperliquid core and HyperEVM. Team members will not be sending DMs to you in this period. If there are issues, open a ticket in our Discord. Thank you everybody for making this TGE a success.

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