Based

Based Airdrop

Team: Edison Lim (CEO)
Category
Perp DEX
Status
Archived
Difficulty
Funding
$11.5 M
Rating
N/A
Tasks2
No ratings yet

Based Airdrop Timeline

Series A, $11.5M led by Pantera

Feb 2026

Completed

BASED TGE, airdrop sent to Hyperliquid wallets

Mar 30, 2026

Completed

About Based

Based is a mobile app for trading on Hyperliquid, covering spot and perps, with prediction markets and a card on top. It raised an $11.5 million Series A in February 2026 led by Pantera, with Coinbase Ventures and Wintermute Ventures among the investors.

BASED launched on 30 March 2026 with a supply of 1 billion. The community allocation was sent directly to users' Hyperliquid wallets on launch day rather than through a claim page, and a genesis distribution of 36% of supply covered the app's seasons of points.

Airdrop Stats

1B BASED Supply
36% Genesis Distribution
Sent Directly, No Claim Page
$11.5M Series A

How it worked to get the Based airdrop

Step 1

Trade on Based

Points came from trading Hyperliquid markets through the Based app, across several seasons.

Step 2

Keep the right receiving wallet

Tokens went to users' Hyperliquid wallets on launch day, so the wallet linked to the account was the one that got paid.

Was the Based airdrop worth it?

  • No claim step. Sending tokens straight to wallets removed the usual missed-deadline risk.
  • Strong backers. Pantera led the Series A just weeks before launch.

Based Official Links

Official channels, documentation and community for this airdrop:

This airdrop has concluded. It is kept for research rather than participation.

Why we built Airdrop Meta

Why We Built Airdrop Meta

36 million HYPE tokens went unclaimed over a missed T&C signature. That is $1.2 billion lost to a single update, and one of many such cases.

One overlooked deadline should not cost you a life-changing airdrop. Crypto Twitter is loud; we cut through it so you do not have to.

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