BasedApp Airdrop » Claim free BASED tokens

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Chain: Arbitrum, Hyperliquid, Solana

Ongoing

Confirmed

Jump to steps Updated 25 Sep 2026 · 5 steps

BasedApp Airdrop Details

All three Based points seasons have ended and their BASED allocations have been distributed. Season 1 (XP) and Season 2 (Gold) holders received tokens at TGE, and Season 3 Diamonds were paid out on May 11 and June 7, 2026. The ongoing way to earn from the ecosystem now is BASED staking, which pays emission rewards and Launchpool Points that convert into tokens of new projects launching through Based. No Season 4 has been announced, although 23.64% of supply sits in an Ecosystem & Rewards pool managed by the Based Foundation.

How to Participate in the Based Launchpool

Step 1: Create a Based Account

Sign up on the BasedApp website or download the app from the Apple App Store or Google Play. New users can enter the invite code AIRDROPSIO. Deposit at least $1 to activate your Hyperliquid account, since transfers to Hyperliquid Core fail on inactive accounts.

Step 2: Get BASED Tokens

Buy BASED on the BASED/USDT spot market at Bybit, or trade BASED/USDC directly on Hyperliquid through the Based terminal. To fund your Hyperliquid account from another chain, use the widget below to bridge or swap USDC across first.

Bridge funds

Swap and bridge across 30+ chains without leaving this page.
Fast routes, low fees.

Opens an interactive bridge widget

Step 3: Move BASED to a Supported Network

The staking portal accepts BASED on Hyperliquid Core and on Ethereum, so withdraw to either one. Tokens on BSC need two hops:

Bridge BSC to HyperEVM through Stargate (BASED uses the LayerZero OFT standard)
Transfer from HyperEVM to Hyperliquid Core on the Portfolio page of the Based terminal, holding a little HYPE on HyperEVM for gas

Step 4: Track Your Launchpool Points

Check your points balance and estimated allocation on the Launchpool dashboard. Featured projects may also run optional partner points campaigns, which pay out separately under their own rules.

Step 5: Receive Project Tokens at TGE

When a featured project launches, your points convert into its tokens and land in your wallet automatically.

BASED Season 3 Token Distribution (Ended)

The $BASED Season 3 distribution is live, with tokens credited directly to the staking accounts of participants who signed the Genesis Terms. Users who participated but haven’t signed yet have until June 4 to accept the terms, with their $BASED allocation following on June 7.

Up to 80% of allocations have been rescinded for accounts that violated S3 program T&Cs, bringing the total distributed amount to roughly 70% of S3. About 60% of the S3 allocation has gone to already-signed users, and the rest will be distributed in June.

Review and sign the Genesis Terms before June 4
Check your distributed tokens on the staking page

Frequently Asked Questions

Is the Based Airdrop Over?

The seasonal Based airdrop is over. Seasons 1, 2, and 3 have ended, and all BASED allocations were distributed by June 7, 2026. Stakers can still earn ecosystem tokens through the Based Launchpool, where staked BASED accrues points toward new project launches.

Did I Need to Claim My BASED Tokens?

No. The Based Foundation sent every airdrop allocation straight to recipients’ Hyperliquid Core wallets, so there was no claim page. To check, open the Hyperliquid app with the wallet you used on Based and look for BASED in your spot balance.

What Happens If I Missed the Season 3 Terms Deadline?

Participants who had not signed the Genesis Terms had until June 4, 2026 to accept them, with tokens released on June 7. Based has not announced any late signing window after that date, and allocations also went through anti-sybil filtering for wash trading and self-referrals.

Is the Based Launchpool Free to Join?

No. The Launchpool requires staked BASED, so you need to buy or hold tokens first. The more BASED you stake, the more points you earn, and no tier gets a points bonus. Rewards arrive as project tokens at each featured project’s TGE, fully unlocked.

Will There Be a Based Season 4?

Based has not announced a Season 4 points program. The Based Foundation manages a 23.64% Ecosystem & Rewards allocation of BASED, and the team has said more staker perks are planned, such as on/off-ramp discounts and AI credits. For now, the Launchpool is the active reward channel.

Is Based Related to the Base Blockchain?

No. Based (BASED) is a Hyperliquid app and has no connection to Base, Coinbase’s Ethereum layer 2. Always check the BASED contract address in the official Based docs before buying, since similarly named tokens exist.

Conclusion

The Based airdrop paid out 36% of the BASED supply across three seasons, and that chapter closed with the June 7, 2026 distribution. Anyone holding BASED can now stake on the genesis portal to earn emissions, trading fee discounts, and Launchpool Points toward new Hyperliquid ecosystem tokens.

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What is Based?

Based is an omnichannel trading platform built on Hyperliquid that provides users with comprehensive access to decentralized perpetual futures trading. The platform operates through multiple interfaces including a web terminal, mobile applications for iOS and Android, a Telegram trading bot, and Based Cloud—a tool that enables projects to launch customized, branded trading terminals in under five minutes. This multi-platform approach allows traders to access Hyperliquid‘s high-performance DeFi ecosystem from virtually any device or preferred interface.

Beyond trading capabilities, Based offers real-world utility through issued debit cards that allow users to spend stablecoins directly, bridging the gap between DeFi and traditional finance. The platform supports direct deposits into Hyperliquid vaults such as HLP with zero fees, making it easier for users to participate in yield-generating opportunities.

The platform’s backing comes from prominent crypto investors including Hashed, Delphi, Newman, Spartan, and the Ethena Foundation. This strategic support, particularly from Ethena, focuses on integrating stablecoins like USDe and USDtb into the Hyperliquid ecosystem as well as unreleased products, positioning Based as a key player in stablecoin adoption and DeFi accessibility.

They have also secured $11.5 million from investors such as Pantera Capital, Coinbase Ventures, Wintermute Ventures, and Karatage.