BasedApp Airdrop Details
BasedApp’s Season 3 Diamonds campaign has ended, which ran until May 4th, 2026. The distribution is now 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.
Latest Update: BASED Season 3 Token Distribution
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Up to 80% of allocations have been rescinded for accounts that violated S3 program T&Cs, bringing the total distributed amount to roughly 70% of S3.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
Based Launches Launchpool with Pull Fun as First Project
Based has introduced Launchpool, giving $BASED stakers early access to ecosystem project tokens before public launch. Pull Fun is the first featured project, with 50% of total $PULL supply allocated to genesis—distributed between $BASED stakers and Pull Fun’s own points program.
How to participate:
- Stake $BASED at the genesis portal
- Earn Launchpool Points automatically while staked
- Points convert to $PULL tokens at TGE (approximately three weeks after the Launchpool period ends)
Already staked $BASED holders are automatically earning points. Track your position on the Launchpool dashboard. Full $PULL tokenomics and utility details will be announced by the Pull Fun team separately.
Based ($BASED) TGE & Staking Now Live
$BASED TGE & staking is now live. There is no claim, and $BASED tokens are automatically allocated to your Hyperliquid Core wallet. Staking provides rewards, trading fee discounts, Based Launchpool access, and eligibility for the upcoming Based Visa Card. Follow these steps to stake:
- Visit the staking portal (or based.one/staking after TGE)
- Connect your wallet
- Select a tier (OG, Based, or Normie) based on available capacity
- Enter your staking amount and confirm the transaction
Key Dates
- Pre-TGE staking opened: March 27, 2026, 1200 UTC
- Rewards start accruing: March 28, 2026, 0000 UTC
- Unstaking & claiming opens: March 30, 2026, 1000 UTC
- TGE & trading discounts live: March 30, 2026
Staking Tiers
Three tiers are available on a first-come, first-served basis:
- OG: 40M $BASED cap, highest APR
- Based: 40M $BASED cap, mid APR
- Normie: Unlimited capacity, base APR
APR is dynamic and decreases as more $BASED is staked across the protocol.
Unstaking Rules
- Unstake cooldown: 3 days
- Claim cooldown: 1 hour
- Tokens stop earning rewards during the unstake cooldown period
$BASED Airdrop for sENA holders
- Distribution details: A total of 7% of the total supply has been allocated. The vesting schedule releases 20% over three months from TGE, with the remaining 80% subject to a one-year cliff.
- Claim page: Visit the claim portal to claim your allocation
$BASED Trading Competition on Binance (Ended)
BasedApp Season 3 Launch and $BASED TGE Details (Ended)
BasedApp Season 2 Ends, Genesis Event Announced (Ended)
Requirements
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.
More Airdrops to Farm
Funding
$11.5M
Difficulty
Cost to Farm
