BasedApp is a composable Web3 consumer SuperApp built natively on Hyperliquid that unifies perpetuals trading, prediction markets, spot trading, and real-world spending via Visa cards into one seamless on-chain platform. The app has achieved rapid growth with over 100,000 registered users and billions in cumulative trading volume shortly after launch.
$BASED is the native utility token of the BasedApp ecosystem, used for staking rewards, loyalty programs, governance, and platform incentives.
In February 2026, BasedApp raised $11.5 million in a Series A round led by Pantera Capital with participation from Coinbase Ventures, Wintermute Ventures, and Karatage. The funding will accelerate global expansion, product development, and positioning as the default front door to on-chain finance.