Arbitrum Ecosystem

Ethena Ecosystem

Hyperliquid Ecosystem

Polygon Ecosystem

Solana Ecosystem

Based is a super app that allows you to trade spot and perpetual futures on Hyperliquid, as well as access the prediction market. Key features:<ul><li>Trading: allows trading spot and perpetual futures contracts via the Hyperliquid protocol.</li><li>Predictions: provides access to hundreds of prediction markets.</li><li>Payments: enables you to spend cryptocurrency at more than 70 million merchants in 160 countries using your own Based cards.</li></ul>

Ecosystem & Community Rewards

Community

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Ethena Community

Core Contributors

February 23, 2026 - Based has raised $11.5M a Series A round.&nbsp;

Based

Based is a Web3 trading and payments app built on Hyperliquid's infrastructure.

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

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Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

VBT Yazilim

Ryze Labs (Sino Global Capital)

Shima Capital

PetRock Capital

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Yield Guild Games (YGG)

Merit Circle

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Momentum 6

3Commas

Devmons

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HashKey Capital

Animoca Brands

FTX Ventures

Makers Fund

FunPlus

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Matrix Partners

YZi Labs (Prev. Binance Labs)

Pantera Capital

P2 Ventures (Polygon Ventures)

Dapper Labs

Kenetic Capital

DWeb3 Capital

Dan Houser

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Sarmayacar

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Samsung Next

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Ankr

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Ready Player DAO

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Stardust

NxGen

Bullet Labs

SNZ Holding

Bitscale Capital

Bware Labs

Wodo Gaming

Nyan Heroes

Revolving Games

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OKX Ventures

Circle Ventures

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Faction

Arrington Capital

Hivemind

Space and Time

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Jump Crypto

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Adaverse

Gate.io

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OOKC Labs

Port3 Network

Hypercycle

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XT Labs

Blockchange Ventures

Cypher Capital

MH Ventures

Primal Capital

Contango Digital Assets

Candaq

Taisu Ventures

Hivello

DAO Maker

Black Dragon Capital

Baselayer Capital

Gains Associates

Gemhead Capital

Enjinstarter

AZA Ventures

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Name	Total	Unlocked	Locked
Community	23.5%	23.5%	-
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

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