Based is more than just a front-end for Hyperliquid. It is a fully integrated power terminal that supports all the functionalities available on Hyperliquid's native UI and extends beyond them. Designed for traders of all levels, from casual users to advanced traders, it makes on-chain trading more intuitive, faster, and highly customizable.

Based Web Terminal: The Ultimate Trading Experience in Your Browser

The Based Web Terminal delivers a sophisticated, high-performance trading experience directly in your browser. Its key features include:

• Advanced Order Algorithms: Advanced order algorithms like Chase Orders dynamically adjust your limit orders to follow price movements, making it easier to stay within the range in fast-moving markets.
• Position Alerts: Receive real-time push alerts for critical position events, including fills, liquidations, price thresholds, and margin calls.
• Portfolio and Exposure Tracking: Instantly visualize your portfolio's exposure by asset class, sector, or strategy. It supports any strategy, whether you're net long, delta-neutral, or hedged.
• Time-Based Limit Orders: Schedule limit orders that automatically cancel or execute only within a specific time frame, perfect for event-driven trading or session-based strategies.
• Automation Settings: Configure and run rule-based bots that execute predefined strategies like recurring buys, stop-loss execution, DCA (Dollar-Cost Averaging) entries, and rebalancing.

Based Mobile App: The Best Trading Environment, Anytime, Anywhere

Based also offers an integrated, mobile-first platform for iOS and Android that provides a CEX-level experience with full self-custody.

• Spot Trading: Buy and sell assets like BTC, ETH, and SOL while maintaining complete control over your private keys.
• Perpetual Contracts Trading: Trade perpetual contracts on a high-performance mobile interface featuring push notifications, real-time fills, and smooth order execution.
• Portfolio Visualization: A comprehensive portfolio dashboard that consolidates your balances across spot, perpetuals, staking, EVM assets, and cash.

Based Desktop App: For Traders Seeking Low-Latency Trading

For traders demanding even more performance, Based offers a desktop app specializing in low-latency trading.

• 30% Higher Performance than the Browser Version: Achieves a faster and more stable trading environment.
• Advanced Orders Exclusive to Desktop: Offers more specialized order types available only on the desktop version.
• Background Execution: The app continues to run without process interruption, even in the background.
• Native Notifications: Receive notifications for fills and liquidations as native OS notifications.

A Strong Foundation Shared with Hyperliquid

Based leverages Hyperliquid's robust and proven backend infrastructure to provide a seamless, high-performance trading experience.

• Over 100 Assets: Trade more than 100 assets, from major tokens like BTC, ETH, and SOL to trending altcoins.
• Leverage and Margin: Offers leverage from 3x to 40x, depending on the asset.
• Consistency with Hyperliquid: Since Based is fully integrated with Hyperliquid's backend system, the trading mechanics, pricing logic, liquidation engine, and fee structure adhere to Hyperliquid's official documentation.

Transparent Fee Structure

Fees are based on the trading volume over the last 14 days and are assessed at the end of each day in UTC.

• Maker Rebates: Maker rebates are paid directly to your trading wallet continuously with each trade.
• Separate Fee Schedules for Perpetuals and Spot: The trading volumes for perpetuals and spot are combined to determine your fee tier. Spot trading volume is counted as double when determining the fee tier.
  • (14-Day Weighted Trading Volume) = (14-Day Perpetual Trading Volume) + 2 * (14-Day Spot Trading Volume)

Based's fee structure fully adopts the underlying Hyperliquid model. However, it is important to note that Based adds its own "Builder Fees" on top of it.

This means that for most trades, excluding spot buys, fees on Based are slightly higher than on Hyperliquid.

The specific additional fees are as follows:

• Perpetuals: +0.025%
• Spot Sells: +0.1%
• Spot Buys: No additional fee

This additional fee serves as the source of funds for Based's powerful affiliate (referral) program. A portion of the fees is distributed to referrers with a high rebate rate of up to 76%.

In conclusion, the slight additional fee on Based can be seen as the cost of using its advanced trading tools and attractive referral system.

Conclusion: Experience the Future of Trading with Based!

Based is a next-generation trading platform that combines innovative features designed to meet traders' needs with an intuitive interface, all built on the powerful foundation of Hyperliquid. Whether on Web, Mobile, or Desktop, Based provides the best trading experience. Why not take your trading to the next level with Based?

Create an account HERE

For more detailed project information, please see the official DOCS.

There is no public funding information, but the project is supported by entities such as SPARTAN, DELPHI VENTURES, and #HASHED.

BASED Affiliate Program Summary

The BASED affiliate program is a 3-tier system that allows you to earn semi-permanent revenue from your entire referral network.

You earn a portion of the trading fees generated through your referral link.

• Tier 1 (Direct Referrals): 60% of fees
• Tier 2 (Referrals of your Referrals): 12% of fees
• Tier 3 (Referrals of Tier 2): 4% of fees
  

=> This allows you to earn a total of up to 76% in rewards from your entire network.

1. Get Your Referral Link
   • Available from your BASED dashboard.
   • Note: You need 5,000 XP to generate a link.
2. Clearly Communicate the "Benefits" to Registrants
   • When someone signs up through your link, they also receive benefits:
     • Bonus: 2,000 XP instantly awarded.
     • Efficiency: They can earn both BASED XP and Hyperliquid Points simultaneously.
3. Focus on Tier 2 and Tier 3 Rewards
   • This is the most crucial strategy.
   • Your earnings will grow exponentially not just by referring people directly, but by encouraging your referrals to refer others.

You can check and analyze your referral performance with data.

• Network growth rate
• Estimated earnings
• Conversion rates, etc.

Based's Trading Battle "Flow Battle: Season 1" is Live! Total Prize Pool of $50,000!

Based is currently hosting a trading battle campaign, "Flow Battle: Season 1." This event allows traders to compete based on their trading volume and win fantastic prizes.

• Event Name: Flow Battle: Season 1
• Total Prize Pool: Up to $50,000
• Duration: September 6, 2025 – September 16, 2025
• Participants: 1,168 (at the time of writing)
• Current Prize Pool: $23,000
• Current Total Volume: $421.42 Million

In addition to the prize money, top winners will receive the following perks:

• Ranks 1-2: A one-year premium plan for CoinMarketManager (worth $400 each)
• Ranks 1-5: Three sponsored NFTs (one each from Odd Otties, Bald Brothers & illiquid)

1. Create an account & connect your wallet from here
2. Join from the campaign page

Step-by-Step Summary

1. Connect your wallet and complete account creation here (a code is required to receive 2,000 XP)
2. If the code field is empty, enter "CANDYDROPS"
3. Trade on spot or perpetuals to earn Based XP and Hyperliquid Points
4. Utilize advanced tools like notifications, alerts, TWAP, and order algorithms to increase your trading volume and retention

Detailed Steps with Images

1. Connect your wallet and complete account creation here (a code is required to receive 2,000 XP)
2. If the code field is empty, enter "CANDYDROPS"
3. Trade on spot or perpetuals to earn Based XP and Hyperliquid Points
4. Utilize advanced tools like notifications, alerts, TWAP, and order algorithms to increase your trading volume and retention