BASED Based Project Research
Binance March 30th alpha launch
Based is an application built on Hyperliquid, integrating Hyperliquid's spot/contract trading while adding Polymarket prediction market, wallet management, and crypto Visa card features.
📑 Project Features:
🔸 One-stop APP, available on multiple platforms.
🔸 Highly reliant on Hyperliquid.
💰 Token Economics:
🔸 See the official diagram
Total token supply is 1 billion, initial circulation on CMC is 240 million.
💹 Project Economic Model:
🔸 Trading fees, Visa foreign exchange fees/transaction fees.
💷 Participant Revenue Sources:
🔸 Referral users earn a share of transaction fees.
🔸 Staking BASED to earn rewards and receive Visa fee refunds.
🔸 Seasonal points earn airdrop rewards.
💲 Financing Situation:
🔸 2026-02-23 Raised 11.5 million USD.
🔸 2025-09-08 Raised 4 million USD.
🔸 2022 Raised 2.7 million USD.
⚠️ Points to Note:
🔸 All publicly available team members have an educational background in Singapore.
🔸 The project primarily narrates a one-stop APP, with core trading modules being integrated.