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Key Metrics

Fees (Annualized)$16.94m
Fees 30d$98,406

Hyperliquid L1$94,782

Polygon$3,624

Fees 7d$12,906

Hyperliquid L1$11,057

Polygon$1,849

Fees 24h$2,864

Hyperliquid L1$2,574

Polygon$290

Cumulative Fees$16.94m

Hyperliquid L1$16.94m

Polygon$3,637

Revenue (Annualized)$15.82m
Revenue 30d$62,359

Hyperliquid L1$58,735

Polygon$3,624

Revenue 7d$7,771

Hyperliquid L1$5,922

Polygon$1,849

Revenue 24h$1,397

Hyperliquid L1$1,107

Polygon$290

Cumulative Revenue$15.82m

Hyperliquid L1$15.81m

Polygon$3,637

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Hyperliquid L1$0

Polygon$0

Holders Revenue 7d$0

Hyperliquid L1$0

Polygon$0

Holders Revenue 24h$0

Hyperliquid L1$0

Polygon$0

Cumulative Holders Revenue$0

Hyperliquid L1$0

Polygon$0

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$15.82m

Earnings 30d$62,359

Earnings 7d$7,771

Earnings 24h$1,397

Cumulative Earnings$15.82m

DEX Volume 30d$238,523
DEX Volume 30d by chain

Polygon$238,523

DEX Volume 7d$187,795

Polygon$187,795

DEX Volume 24h$27,650

Polygon$27,650

Cumulative DEX Volume$238,523

Polygon$238,523

DEX Notional Volume 30d$2.59m
DEX Notional Volume 30d by chain

Polygon$2.59m

DEX Notional Volume 7d$565,959

Polygon$565,959

DEX Notional Volume 24h$57,111

Polygon$57,111

Cumulative DEX Notional Volume$27.92m

Polygon$27.92m

Perp Volume 30d$377.07m
Perp Volume 30d by chain

Hyperliquid L1$377.07m

Perp Volume 7d$58.14m

Hyperliquid L1$58.14m

Perp Volume 24h$13.42m

Hyperliquid L1$13.42m

Cumulative Perp Volume$45.651b

Hyperliquid L1$45.651b

Open Interest$5.74m

Market Cap$20.86m

$BASED Price$0.089

All Time High$0.31

All Time Low$0.05

View $BASED token page

Fully Diluted Valuation$88.79m

Outstanding FDV$67.8m

$BASED Volume 24h$10.79m

CEX Volume$10.52m

DEX Volume$8.72m(80.79% of total)

Total Raised$11.5m

Sep 8, 2025Round: Investors: Ethena

Feb 23, 2026$11.5mRound: Series AInvestors: Pantera Capital, Coinbase Ventures, Wintermute Trading, Karatage

Protocol Information

Trade, Predict and Spend. Built on Hyperliquid L1, Polymarket. Backed by Ethena Labs.

Category:Interface

Methodology

Holders Revenue: View code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Notional Volume: Notional volume of all trades on protocol

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users