BasedApp

Ongoing Airdrop

Airdrop Link:Claim

BasedApp

NewBlockchainDecentralised exchangeDappsDefiHyperliquid

Based is an omnichannel trading platform built on Hyperliquid, providing seamless access to decentralized perpetual futures trading through multiple interfaces

Project Links

Reward

$ Announcement is pending

Platform

Arbitrum, hyperliquid, solana

Max. Participants

Time Left

Hours

Minutes

Seconds

Task Description

BasedApp has confirmed a future Token Generation Event (TGE) during which it will distribute $BASED tokens to qualifying users based on their accumulated XP and Based Gold within the ecosystem. While the exact airdrop structure has not yet been fully detailed, the platform’s Gold system is already established as the primary determinant of eligibility and token allocation.

Season 1 and Season 2 have now concluded, introducing the Based Gold reward system. The platform has also integrated Polymarket, enabling users to make predictions directly from Based Terminals across hundreds of markets in various categories. Gold earned from predictions follows a similar rate to trading activity on Based per epoch, with a cap of 2 million Gold for predictions (in addition to the 10 million Gold emitted each epoch overall). The prediction reward rate will be dynamically adjusted based on total platform usage to maintain balanced distribution across trading and prediction activities.

Latest Update: Season 2 Ends, Genesis Event Announced BasedApp Season 2 officially ended on January 3, 2026. The $BASED token launch is scheduled for Q1 2026. To participate in the upcoming Genesis Event and ensure eligibility for token distribution, users must accept the Based Foundation Terms of Use by February 8, 2026, at 12:00 PM UTC.

To sign:

Visit the Based Foundation Terms of Use page and review/sign the agreement, or
Open the Based Mobile App, tap the Foundation icon on the homescreen, and sign directly from there.

This step is required to qualify for the TGE distribution.

Conditions

Step 1

Sign Up and Join Visit the BasedApp website, click the sign-up button to create your account. Then download and install the BasedApp mobile app from the Apple Store or Google Play Store.

Step 2

Fund Your Account

Deposit funds from supported networks (Hyperliquid, Solana, Arbitrum). Use the built-in on-ramp feature for fiat-to-crypto purchases, or buy assets on Binance and bridge them using Rhino if you need specific tokens for trading.

Step 3

Start Trading & Referrals

Execute perpetual and spot trades on the platform. Join the referral program by sharing your unique referral link to earn up to 78% commission across three tiers, and build your referral network for long-term earnings.

Step 4

Participate in Livestreams

Join livestreams hosted by Based for potential rewards. Viewers of the first livestream earned Based Gold just for attending. Make sure to join the livestream on October 29th at 6PM UTC to earn a share of 100,000 Gold (access via “More” → “Livestreams” on the web app). Regularly check this section for upcoming sessions.

Step 5

Monitor Airdrops & Use Mini-Apps

Frequently visit the Airdrops page to track upcoming partner airdrops and ensure consistent organic trading activity before and during any snapshot dates. Use mini-apps to enhance trading: go to the mini-app icon (bottom right) in the Based web terminal, find the Grid Bot mini-app by johan, click “Install,” and use it to generate consistent volume while potentially earning up to 5 different rewards (speculative Hyperliquid round 2, Based Gold, Based Blind Boxes, speculative Unit airdrop, and potential Upheaval points).

Project Description

Based is an omnichannel trading platform built on Hyperliquid, providing seamless access to decentralized perpetual futures trading through multiple interfaces: a web terminal, dedicated iOS and Android mobile apps, a Telegram trading bot, and Based Cloud — a tool that lets projects launch fully branded, customized trading terminals in under five minutes. This multi-interface design allows users to interact with Hyperliquid’s high-performance DeFi ecosystem from virtually any device or preferred channel.

In addition to trading, Based offers real-world utility by issuing debit cards that enable users to spend stablecoins directly, effectively bridging DeFi and traditional finance. The platform also supports zero-fee direct deposits into Hyperliquid vaults like HLP, simplifying participation in yield-generating opportunities.

Based is backed by prominent crypto investors including Hashed, Delphi, Newman, Spartan, and the Ethena Foundation. This backing, especially from Ethena, emphasizes integration of stablecoins such as USDe and USDtb into the Hyperliquid ecosystem, along with upcoming unreleased products, positioning Based as a key driver of stablecoin adoption and DeFi accessibility.