Based
Exchanges shape cycles. Some leave scars, others build trust. BitMEX unleashed the era of leverage. Binance scaled crypto trading globally. Bybit pushed the model further, adding stocks and traditional markets, while FTX reminded everyone of the cost of giving up self-custody — a lesson Hyperliquid turned into practice by putting trading back on-chain — where it belongs ⚡
On top of this foundation comes Based — the HyperApp built around Hyperliquid. Trade Spot & Perps with precision tools across web, mobile, and Telegram, put your assets to work in high-yield vaults, and pay effortlessly with the Based Visa card. Log in with a wallet, email, Google, or Apple — the choice is yours. Trade, spend, and invest smarter than ever before — all in one place 🔥
To set the stage, Based unveils a dual reward system — XP earned through trading and referrals, and Points collected via Visa card spending — enabling loyal early users to turn today’s activity into future airdrop allocations ahead of the $BASED token TGE, expected around Q4 2025 🪂
In addition, Based introduces a powerful affiliate system where users earn up to 76% of trading fees through a 3-tier structure: 60% from direct referrals, 12% second-tier, and 4% third-tier 🤝
Update: Based Season 1 has concluded, marking the launch of Season 2 — a new phase packed with Blind Boxes offering chances to win @BasedPalsNFT, cash prizes, Based Gold, Hype Cards, and more. The more you trade, the more boxes you unlock, and the more rewards you can claim 🎁
About Based
Based is a decentralized crypto trading platform offering Spot and Perpetual markets with precision tools such as one-tap TP/SL, trailing stops, scale, scalp, TWAP orders, and Privacy settings. Access spans the web terminal, desktop client, Android/iOS apps, and Telegram bot, with push notifications ensuring no execution or alert is missed — all while remaining KYC-free.
Based is self-custodial: Log in with a wallet or opt for smooth access through Privy (email, Google, Apple). The fee model starts with Perps at 0.045% taker / 0.015% maker and Spot at 0.07% taker / 0.04% maker, with costs decreasing as 14-day trading volume grows. Staking tiers provide up to 40% trading-fee discounts, and maker rebates credit up to 0.003% back. A small builder fee applies, adding 0.025% on perps and 0.1% on spot sells, while spot buys incur no builder fee.
Beyond trading, vaults put $USDC deposits to work through performance-driven strategies in the Hyperliquidity Provider (HLP) or community-led vaults — all with no deposit fees. Funds begin earning yield and compounding automatically, while each vault is managed transparently by its leader. Participants share in the performance, with some vaults delivering standout APRs 💥
In addition, staking $HYPE tokens is available directly in the mobile app — allowing users to delegate to validators, track rewards, manage positions in real time, and maximize earnings.
The Based Visa Card enables direct Web3 payments without off-ramping to a bank, accepted at 70M+ merchants in over 160 countries. Tiers range from Standard to Premium Gold, offering higher limits, 0% FX fees, and lifestyle perks such as lounge access. It supports stables and crypto with auto-convert to dollars, and integrates with Google Pay, with Apple Pay coming soon.
Based
Step by step guide Based Airdrop
Get Started → Sign up on Based using a wallet, or log in with email, Google, or Apple through Privy. Trading and vaults are fully accessible with NO KYC required.
Deposit Funds → Fund your account in $USDC through multiple options: Arbitrum, Ethereum, Solana, Bitcoin, another Hyperliquid account, or Credit/Debit Cards.
Earn XP & Points → XP is collected through Spot & Perps trading and referrals, while Points are earned through Based Card spending — both counting toward $BASED Airdrop at TGE.
📌 Join Trading Competitions and win cash prizes, exclusive NFTs, and more.
Vaults → Deposit $USDC into the Hyperliquidity Provider (HLP) or community-led vaults with no fees, and start earning yield that compounds automatically under transparent strategies.
Stake HYPE → The Based mobile app (Android/iOS) supports staking $HYPEtokens, enabling delegation to validators, real-time reward tracking, and full position management.
Referral System → Share your referral link and earn up to 76% of trading fees through a three-tier structure: 60% direct, 12% second-tier, and 4% third-tier.
* Based XP and Points will convert into $BASED token rewards at TGE. Follow @BasedOneX on 𝕏 and join the community on Discord and Telegram to stay updated on the journey toward TGE and Airdrop 🪂
* Don’t miss Hyperliquid Season 2 Airdrop — 38.888% of $HYPE token supply is up for grabs.
Curious about how to maximize rewards with stablecoins? Don’t miss our strategy guide on farming stablecoins with HyperEVM — a practical breakdown of opportunities and methods tailored for yield hunters. Read the full guide 👉 Farm Stablecoins on HyperEVM Strategy
Stay tuned with @AirdropAlertcom 🔔 the original and first-ever Airdrop platform globally, consistently offering premier Airdrop opportunities since 2017 with love ❤️ and dedication.
