Overview
Based(BASED)
Token Price$0.067
24h Change+10.33%
All Time HighApr 16, 2026$0.31
All Time LowApr 11, 2026$0.05
Key Metrics
Market Cap$15.8m
Fully Diluted Valuation$67.24m
Circ. Supply235m BASED
Max Supply1b BASED
Outstanding FDV$51.34m
Volume 24h$15.19m
CEX Volume$6.99m
DEX Volume$8.51m
Total Raised$11.5m
Sep 8, 2025Undisclosed
Series A · Feb 23, 2026$11.5m
Income Statement for Based
| Q2 2026* | Q1 2026 | Q4 2025 | Q3 2025 | |
|---|---|---|---|---|
Gross Protocol Revenue | $1.04M | $2.72M | $6.12M | $6.92M |
| Hyperliquid Builder Code Fees | $705.50K | $1.54M | $5.83M | $6.92M |
| Perps Trading Fees | $338.07K | $1.18M | $284.44K | |
Cost of Revenue | $307.62K | $628.56K | $142.22K | $0 |
| Perps Fees To Hyperliquid | $169.03K | $593.61K | $142.22K | |
| Referral & Trading Discounts | $138.58K | $34.94K | ||
Gross Profit | $735.94K | $2.10M | $5.98M | $6.92M |
| Hyperliquid Builder Code Fees | $705.50K | $1.54M | $5.83M | $6.92M |
| Perps Fees To Deployer | $30.44K | $558.67K | $142.22K | |
Incentives | $0 | $0 | $0 | $0 |
Earnings | $735.94K | $2.10M | $5.98M | $6.92M |
Token Holder Net Income | $0 | $0 | $0 | $0 |
Markets
Token Rights and Value Accrual
Updated Apr 05, 2026Overview
- Token(s)
- BASED
- Token Type
- Utility
- Utility
- Staking, Protocol Access, Fee Discounts
BASED is the native utility token, issued by the Based Foundation. It is designed to align incentives, unlock platform features, and support long-term community ownership. Projects that launch on Based use BASED as their utility token.
Governance Rights
ControlNo onchain governance is active at this time.
Governance Decisions
Treasury Decisions
Revenue Decisions
Fee Switch
OFFBased earns 0.025% on every trade via its builder code on Hyperliquid. Every time a user spends their Based balance via card, Based earns interchange from the transaction. Cross-border and foreign currency transactions generate FX conversion fees. At this time, this revenue funds user perks and indirectly supports the utility flywheel.
Equity Statement
The Series A fundraising round was an equity investment with token warrants. Platform revenue flows to staking benefits, ownership remains with Based and its investors.
Economic Rights
Value CaptureHolding or staking BASED will unlock platform benefits.
Buybacks
N/ADividends
N/ANo dividend or revenue distribution is currently active
Burns
N/ANo burn mechanism is currently active
Ownership
- Fundraising
- EquityToken Sale
- Equity Revenue Capture
- Unknown
- Associated Entities
- DevCoFoundation
Token Usage
An is required to view token usage.
Unlocks
An is required to view token unlocks.
Yields
Tracking 2 pools, average APY 117.86%
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabBASED-USDT0.3% | $256,291 | 234% | 234% | 220% | |||||
| open in new tabWSOL-BASEDStandard - 0.25% | $40,976 | 2.08% | 2.08% | 12.96% |