RANA SAƁ

🚀 Cập nhật Thị trường Crypto: BTC phục hồi trên $80K – Điều gì tiếp theo?
Hôm nay thị trường có một luồng năng lượng mới. Bitcoin (BTC) đã phục hồi mức hỗ trợ quan trọng $80,000 và hiện đang tiến tới $81,000. Nếu bạn đang tìm kiếm tín hiệu giao dịch hoặc tin tức trên Binance Square, thì những điểm sau đây là cần thiết:
1. Thiết lập Kỹ thuật của Bitcoin
BTC hiện đang giao dịch trong một "Kênh song song".
Hỗ trợ: $79,000 đã trở thành một vùng hỗ trợ mạnh mẽ.
Kháng cự: Mục tiêu lớn tiếp theo là $83,000. Nếu giá đóng cửa trên mức này, chúng ta có thể tiến tới $90K+.

Pehle waqt tha jab gaming ko sirf waqt ka zaya samjha jata tha, lekin aaj gaming ek mukammal career ban chuka hai. Dunya bhar mein log mobile games aur AI tools ka istemal kar ke behtreen earning kar rahe hain.
​1. Play-to-Earn (P2E) Gaming
​Aaj kal aise gaming platforms ka trend hai jahan aapki performance ke mutabiq aapko rewards milte hain.
​Skill-Based Matches: Kai apps aise hain jahan "per kill" ya match jeetne par points milte hain, jinhein baad mein withdraw kiya ja sakta hai.
​Gaming Community: Agar aap ek ache player hain, to aap tournaments mein hissa le kar na sirf naam kama sakte hain balkay inaami raqam bhi jeet sakte hain.
​2. AI Ka Sahi Istemal
​Artificial Intelligence ne mushkil kaamo ko asaan kar diya hai.
​Content Creation: Agar aap YouTube ya social media ke liye content banana chahte hain, to AI tools aapko script likhne aur video edit karne mein madad dete hain.
​Information Gathering: Ab aapko ghanton research karne ki zaroorat nahi, AI aapko market trends aur exams ki tayari ke liye fori material provide kar deta hai.
​3. Skill Development Kyun Zaroori Hai?
​Sirf apps install karne se earning nahi hoti, balkay kuch skills seekhna zaroori hain:
​Strategy: Game ho ya trading, sahi waqt par sahi faisla lena hi aapko kamyab banata hai.
​Consistency: Rozana thora waqt dena aur nayi cheezon ko seekhte rehna hi asal kamyabi hai.
​Aakhri Mashwara
​Internet ki dunya mawaqon (opportunities) se bhari hui hai. Chahay wo online earning ho, academic preparation ho, ya gaming—agar aap lagan se kaam karein to har cheez mein taraqqi mumkin hai. Bas hamesha naye trends par nazar rakhein!

Hello Binance Community!
​Agar aap trading mein naye hain aur charts ko samajhna chahte hain, toh Candlestick Patterns aapke sabse bade dost hain. Candlesticks hamein batati hain ke market mein buyers aur sellers kya kar rahe hain.
​Aaj main aapko 3 aise patterns bataunga jo har beginner ko pata hone chahiye:
​1. The Hammer (Bullish Signal) 🔨
​Yeh pattern tab banta hai jab price niche girti hai lekin phir tezi se wapis upar aati hai. Iska matlab hai ke buyers market mein aa chuke hain aur qeemat upar ja sakti hai.
​Kahan dekhein? Downtrend ke bilkul aakhir mein.
​2. Shooting Star (Bearish Signal) 🌠
​Yeh Hammer ka ulat hai. Is mein lambi wick upar hoti hai aur choti body niche. Yeh ishara hai ke sellers ab market par kabza kar rahe hain aur price niche gir sakti hai.
​Kahan dekhein? Jab qeemat kafi upar ja chuki ho.
​3. Bullish Engulfing 🟢
​Is mein aik choti red candle ke baad aik bari green candle banti hai jo red candle ko pura cover (engulf) kar leti hai. Yeh bohat strong signal hota hai ke market ka rukh badalne wala hai.
​Personal Tip: Trading seekhna aik skill hai. Hamesha pehle seekhein, phir trade karein. Kabhi bhi kisi aisi app par paisa na lagayein jo bina mehnat ke paise dene ka wada kare.
​Agar aapko yeh article pasand aaya toh Like karein aur mazeed trading tips ke liye mujhe Follow karein! 🚀
​#Bitcoin #TradingStrategy #CryptoForBeginners #CandleStick #BinanceSquare
​Post Karne ke liye Tips:
​Image: Agar aapke paas in candles ki koi picture ho, toh post ke saath zaroor lagayein.
​Originality: Is article ko apne alfaz mein thoda change kar ke likhein taake Binance ise bilkul original samjhe.
​Consistency: Rozana ya har dusre din aik post zaroor karein taake aapke followers badhein.
​Aapko yeh article kaisa laga? Kya aap chahte hain ke main is mein mazeed indicators (RSI ya Moving Average) bhi shamil karoon?

YOUR STOP LOSS IS PUBLIC INFORMATION 🚨
Read that again.
Your SL isn’t “protection”…
It’s liquidity sitting on the chart.
And guess who gets paid when it gets hit?
👉 Not you.
📉 The reality no one tells you:
Market makers don’t guess your trade…
They engineer moves to take your stop first — THEN move in your direction.
That:
• sudden wick ❌
• fake breakout ❌
• quick liquidation spike ❌
That’s not random…
That’s liquidity being collected.
⚠️ Why most traders keep losing:
They trade like this:
Enter
Set tight SL
Walk away
💀 Result:
They become exit liquidity
🧠 What actually works:
✔️ Use SL (risk control is mandatory)
✔️ Don’t place it in obvious zones
✔️ Watch price action near your SL
✔️ Be ready to manually adjust
✔️ Think like smart money, not retail
🔥 The shift:
Stop asking:
“Where is my SL safe?”
Start asking:
“Where is everyone else’s SL?”
That’s where price is going first.
📊 Final rule:
Static SL = Easy target
Dynamic SL = Survival edge
SL is needed…
But awareness is what keeps you in the game.
#Binance #Crypto #Trading #StopLoss #Liquidity #SmartMoney #BTC #ETH #Futures

Hello Guys, let’s now break this 4H structure down, indicators, signals, and analyse the current situation of $ETH ,Let’s Go!
🔍 Current Market Context
• Price: ~2285
• We’ve just had a sharp rejection from the upper supply zone (~2380–2420).
• Price is now trading below key MAs (7 / 25 / 99) → bearish short-term structure.
• Supertrend flipped bearish and SAR is above price → confirms downside pressure.
• MACD is negative and expanding → momentum favors sellers.
🧠 What the Chart is Showing
1. Failed Breakout → Distribution
The top grey zone (~2400) acted as strong resistance:
• Multiple rejections
• No strong continuation
👉 This looks like a liquidity sweep + distribution, not a breakout.
2. Lower High Formation
• The recent bounce failed near ~2360–2370
• That creates a clear lower high
👉 Market structure is now shifting bearish
3. Break Below Support Zone (~2318)
• Price lost the orange demand zone
• Now acting as resistance
👉 This is a key sign sellers are in control.
📉 Probable Next Moves
🟥 Bearish Scenario (Higher Probability)
If price stays below 2315–2330:
• Expect continuation toward:
• 2260 (recent low area)
• Then possibly 2220–2200 (next support / liquidity zone)
👉 Momentum + structure both support this move.
🟨 Short-Term Bounce Scenario
A relief bounce could happen if:
• Price reclaims 2315–2330 zone
Targets:
• 2360
• Possibly 2380 (weak retest)
⚠️ But this would likely be a pullback, not trend reversal unless:
• Price breaks and holds above 2400
📊 Key Levels to Watch
• Resistance:
• 2315–2330 (critical flip zone)
• 2360
• 2400+
• Support:
• 2260
• 2220–2200
⚖️ Summary
• Structure: Bearish (lower high + breakdown)
• Momentum: Bearish
• Bias: Sell rallies / continuation down
👉 The market is likely heading lower unless it reclaims 2330 strongly.
$ETH

What Is Based (BASED)?
Intermediate
Updated Apr 23, 2026
7m
Key Takeaways
Based is a crypto application on the Hyperliquid Layer-1 network that brings trading across crypto, equities, and commodities, together with prediction markets, payments, staking, and AI tools into a single account.

BASED is the native utility token of the ecosystem. Holding or staking it may unlock fee discounts, card cashback of up to 8%, higher spending limits, and access to platform features.

The total BASED supply is fixed at 1,000,000,000 tokens. The Token Generation Event (TGE) took place on March 30, 2026.

Investor and core contributor allocations each follow a one-year lock period with two years of monthly vesting.

Binance Academy courses banner

Introduction
Crypto users often rely on separate platforms for trading, payments, event markets, and yield strategies. Based is an application designed to consolidate these functions. Its developers describe it as a crypto super app: a single interface for accessing markets, funding an account, spending a balance, and using AI-powered financial tools, all within one platform connected to decentralized finance (DeFi).

What Is Based?
Based is a financial application built on top of the Hyperliquid Layer-1 network. Rather than operating its own blockchain, it functions as an application layer that uses Hyperliquid's infrastructure for transaction settlement and execution, targeting sub-second finality without requiring users to manage cross-chain bridges.

The platform is accessible via Web, iOS, Android, and Desktop. Users can fund an account directly by bank transfer or credit card, and access all product features from a single account without switching between apps or networks.

Based raised USD 11.5 million in a Series A round in February 2026, led by Pantera Capital, with participation from Coinbase Ventures, Ethena, Wintermute Ventures, Hashed, and Spartan Group. The Based Foundation manages the ecosystem and rewards token allocation.

Core Features of Based
Trading
Based provides access to spot trading and perpetual futures on Hyperliquid, as well as equities and commodities. The platform operates 24 hours a day, seven days a week on supported markets. Based generates revenue through a 0.025% builder fee on every trade processed via its Hyperliquid builder code.

Prediction markets
Based offers access to event-based prediction markets, where users can take positions on real-world outcomes across topics such as politics, sports, and crypto. These markets are accessible from the same account used for trading and payments.

Based Visa Platinum card
Based provides a Visa Platinum card that can be used at over 100 million merchants worldwide. Cardholders spend directly from their Based balance without needing to off-ramp to a bank account first. Cashback rewards of up to 8% are available, with higher rates tied to higher BASED holding tiers. Card spending limits also scale with the holding tier.

Revenue from card transactions is generated through interchange fees. Cross-border transactions generate additional FX conversion fees.

Based AI
Based AI is described as infrastructure for embedding intelligence directly into the platform. Stated capabilities include: risk monitoring on open positions, trade execution suggestions, portfolio optimization, and autonomous 24/7 strategy execution with private inference so that user data and strategies remain off-platform servers.

The official documentation also describes a concept called agentic commerce: AI agents that can own wallets, execute trades, and settle payments for services programmatically using the x402 payment protocol. Based has launched ai.based.one and based.page as early infrastructure in this direction.

Staking and affiliate program
Users can lock BASED tokens through the platform's staking mechanism. Staking may unlock trading fee discounts, higher card cashback rates, and access to the Based Launchpool. An affiliate program offers commissions for referring new users.

Based Launchpool
The Based Launchpool is a feature that allows users holding or staking BASED to get early access to new token launches. They describe this as a distribution channel for projects that want to reach an active trading audience rather than starting with no user base.

What Is the BASED Token?
BASED is the native utility token of the Based ecosystem, issued by the Based Foundation. It is designed to unlock platform benefits rather than to represent an ownership stake or a claim on protocol earnings. The TGE took place on March 30, 2026.

Holding or staking BASED may provide access to:

Reduced fees on trading and prediction market activity

Up to 8% cashback on the Based Visa Platinum card, scaling with holding tier

Higher card spending limits

Lower on-ramp and off-ramp fees

Access to Based Launchpool and early project allocations

Discounts at Based Mall partner merchants

AI consumption credits for agentic features

The Based litepaper describes the intended economic logic as a flywheel: more traders generate more revenue, which funds better perks, which attract more users, which makes Based a more valuable distribution channel for projects launching via the Launchpool, which drives additional BASED utility demand.

Note that the scope of available benefits may change as the platform develops. Please refer to official Based documentation for current program terms.

BASED Tokenomics
The total supply of BASED is fixed at 1,000,000,000 tokens.

Token allocation
Genesis Distribution: 36.00% (360,000,000 BASED)

Ecosystem and Rewards: 23.64% (236,400,000 BASED), managed by the Based Foundation

Investors: 20.36% (203,600,000 BASED)

Core Contributors: 20.00% (200,000,000 BASED)

Genesis distribution breakdown
24% of the total supply (240,000,000 BASED) was released at the TGE on March 30, 2026. The remaining Genesis allocation is distributed as follows:

Based Community (Season 1, Season 2, PUPs, BasedPal): 23.5% of total supply, fully unlocked at TGE.

Ethena Community: 7.0% of total supply, with 0.5% unlocked at TGE, 20% distributed over three months from TGE, and the remaining 80% subject to a one-year cliff.

Season 3 Participants: 5.0% of total supply, scheduled for distribution in May 2026.

Vesting schedule
Investor and core contributor allocations follow identical vesting structures: a one-year lock period followed by two years of monthly unlocks. The Ecosystem and Rewards allocation is managed by the Based Foundation and reserved for ongoing growth initiatives.

FAQ
What blockchain does Based run on?
Based is not a standalone blockchain. It operates as an application layer on the Hyperliquid Layer-1 network, which provides settlement, execution, and sub-second transaction finality.

What assets can I trade on Based?
Based supports trading across crypto (spot and perpetual futures), equities, and commodities such as gold, silver, and oil, all from a single interface on Hyperliquid. Markets are accessible 24 hours a day, seven days a week.

What is the BASED token used for?
BASED is the native utility token of the Based ecosystem. Holding or staking it may unlock reduced trading fees, up to 8% cashback on the Based Visa Platinum card, higher spending limits, lower on/off-ramp fees, and access to the Launchpool and Based Mall discounts.

When did the BASED TGE take place?
The Token Generation Event for BASED took place on March 30, 2026. The Based Foundation issued the token and manages the ecosystem and rewards allocation.

How is the BASED token supply distributed?
The total fixed supply is 1,000,000,000 BASED, split into Genesis Distribution (36%), Ecosystem and Rewards (23.64%), Investors (20.36%), and Core Contributors (20%). Investor and contributor tokens follow a one-year lock with two years of monthly vesting.

What is the Based Visa Platinum card?
The Based Visa Platinum card lets users spend their Based balance directly at over 100 million merchants worldwide without off-ramping to a bank account. Cashback rewards of up to 8% are available, with rates and spending limits scaling with BASED holding tiers.

Closing Thoughts
Based is presented as a unified financial interface, combining trading across multiple asset classes with everyday spending and AI-driven tools under one account. The BASED token connects platform usage to fee discounts, card rewards, and access to future features, with the Based Foundation managing long-term ecosystem distribution. The project’s thesis is that every tradable asset will eventually move on-chain, and that a single, composable interface will be the primary way users interact with those markets.

Further Reading
Decentralized Finance (DeFi)

What Is Tokenomics and Why Does It Matter?

What Is Crypto Staking and How Does It Work?

Blockchain Use Cases: Prediction Markets

Utility Token

Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the content is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance AcademyWhat Is Based (BASED)?
Intermediate
Updated Apr 23, 2026
7m
Key Takeaways
Based is a crypto application on the Hyperliquid Layer-1 network that brings trading across crypto, equities, and commodities, together with prediction markets, payments, staking, and AI tools into a single account.

BASED is the native utility token of the ecosystem. Holding or staking it may unlock fee discounts, card cashback of up to 8%, higher spending limits, and access to platform features.

The total BASED supply is fixed at 1,000,000,000 tokens. The Token Generation Event (TGE) took place on March 30, 2026.

Investor and core contributor allocations each follow a one-year lock period with two years of monthly vesting.

Binance Academy courses banner

Introduction
Crypto users often rely on separate platforms for trading, payments, event markets, and yield strategies. Based is an application designed to consolidate these functions. Its developers describe it as a crypto super app: a single interface for accessing markets, funding an account, spending a balance, and using AI-powered financial tools, all within one platform connected to decentralized finance (DeFi).

What Is Based?
Based is a financial application built on top of the Hyperliquid Layer-1 network. Rather than operating its own blockchain, it functions as an application layer that uses Hyperliquid's infrastructure for transaction settlement and execution, targeting sub-second finality without requiring users to manage cross-chain bridges.

The platform is accessible via Web, iOS, Android, and Desktop. Users can fund an account directly by bank transfer or credit card, and access all product features from a single account without switching between apps or networks.

Based raised USD 11.5 million in a Series A round in February 2026, led by Pantera Capital, with participation from Coinbase Ventures, Ethena, Wintermute Ventures, Hashed, and Spartan Group. The Based Foundation manages the ecosystem and rewards token allocation.

Core Features of Based
Trading
Based provides access to spot trading and perpetual futures on Hyperliquid, as well as equities and commodities. The platform operates 24 hours a day, seven days a week on supported markets. Based generates revenue through a 0.025% builder fee on every trade processed via its Hyperliquid builder code.

Prediction markets
Based offers access to event-based prediction markets, where users can take positions on real-world outcomes across topics such as politics, sports, and crypto. These markets are accessible from the same account used for trading and payments.

Based Visa Platinum card
Based provides a Visa Platinum card that can be used at over 100 million merchants worldwide. Cardholders spend directly from their Based balance without needing to off-ramp to a bank account first. Cashback rewards of up to 8% are available, with higher rates tied to higher BASED holding tiers. Card spending limits also scale with the holding tier.

Revenue from card transactions is generated through interchange fees. Cross-border transactions generate additional FX conversion fees.

Based AI
Based AI is described as infrastructure for embedding intelligence directly into the platform. Stated capabilities include: risk monitoring on open positions, trade execution suggestions, portfolio optimization, and autonomous 24/7 strategy execution with private inference so that user data and strategies remain off-platform servers.

The official documentation also describes a concept called agentic commerce: AI agents that can own wallets, execute trades, and settle payments for services programmatically using the x402 payment protocol. Based has launched ai.based.one and based.page as early infrastructure in this direction.

Staking and affiliate program
Users can lock BASED tokens through the platform's staking mechanism. Staking may unlock trading fee discounts, higher card cashback rates, and access to the Based Launchpool. An affiliate program offers commissions for referring new users.

Based Launchpool
The Based Launchpool is a feature that allows users holding or staking BASED to get early access to new token launches. They describe this as a distribution channel for projects that want to reach an active trading audience rather than starting with no user base.

What Is the BASED Token?
BASED is the native utility token of the Based ecosystem, issued by the Based Foundation. It is designed to unlock platform benefits rather than to represent an ownership stake or a claim on protocol earnings. The TGE took place on March 30, 2026.

Holding or staking BASED may provide access to:

Reduced fees on trading and prediction market activity

Up to 8% cashback on the Based Visa Platinum card, scaling with holding tier

Higher card spending limits

Lower on-ramp and off-ramp fees

Access to Based Launchpool and early project allocations

Discounts at Based Mall partner merchants

AI consumption credits for agentic features

The Based litepaper describes the intended economic logic as a flywheel: more traders generate more revenue, which funds better perks, which attract more users, which makes Based a more valuable distribution channel for projects launching via the Launchpool, which drives additional BASED utility demand.

Note that the scope of available benefits may change as the platform develops. Please refer to official Based documentation for current program terms.

BASED Tokenomics
The total supply of BASED is fixed at 1,000,000,000 tokens.

Token allocation
Genesis Distribution: 36.00% (360,000,000 BASED)

Ecosystem and Rewards: 23.64% (236,400,000 BASED), managed by the Based Foundation

Investors: 20.36% (203,600,000 BASED)

Core Contributors: 20.00% (200,000,000 BASED)

Genesis distribution breakdown
24% of the total supply (240,000,000 BASED) was released at the TGE on March 30, 2026. The remaining Genesis allocation is distributed as follows:

Based Community (Season 1, Season 2, PUPs, BasedPal): 23.5% of total supply, fully unlocked at TGE.

Ethena Community: 7.0% of total supply, with 0.5% unlocked at TGE, 20% distributed over three months from TGE, and the remaining 80% subject to a one-year cliff.

Season 3 Participants: 5.0% of total supply, scheduled for distribution in May 2026.

Vesting schedule
Investor and core contributor allocations follow identical vesting structures: a one-year lock period followed by two years of monthly unlocks. The Ecosystem and Rewards allocation is managed by the Based Foundation and reserved for ongoing growth initiatives.

FAQ
What blockchain does Based run on?
Based is not a standalone blockchain. It operates as an application layer on the Hyperliquid Layer-1 network, which provides settlement, execution, and sub-second transaction finality.

What assets can I trade on Based?
Based supports trading across crypto (spot and perpetual futures), equities, and commodities such as gold, silver, and oil, all from a single interface on Hyperliquid. Markets are accessible 24 hours a day, seven days a week.

What is the BASED token used for?
BASED is the native utility token of the Based ecosystem. Holding or staking it may unlock reduced trading fees, up to 8% cashback on the Based Visa Platinum card, higher spending limits, lower on/off-ramp fees, and access to the Launchpool and Based Mall discounts.

When did the BASED TGE take place?
The Token Generation Event for BASED took place on March 30, 2026. The Based Foundation issued the token and manages the ecosystem and rewards allocation.

How is the BASED token supply distributed?
The total fixed supply is 1,000,000,000 BASED, split into Genesis Distribution (36%), Ecosystem and Rewards (23.64%), Investors (20.36%), and Core Contributors (20%). Investor and contributor tokens follow a one-year lock with two years of monthly vesting.

What is the Based Visa Platinum card?
The Based Visa Platinum card lets users spend their Based balance directly at over 100 million merchants worldwide without off-ramping to a bank account. Cashback rewards of up to 8% are available, with rates and spending limits scaling with BASED holding tiers.

Closing Thoughts
Based is presented as a unified financial interface, combining trading across multiple asset classes with everyday spending and AI-driven tools under one account. The BASED token connects platform usage to fee discounts, card rewards, and access to future features, with the Based Foundation managing long-term ecosystem distribution. The project’s thesis is that every tradable asset will eventually move on-chain, and that a single, composable interface will be the primary way users interact with those markets.

Further Reading
Decentralized Finance (DeFi)

What Is Tokenomics and Why Does It Matter?

What Is Crypto Staking and How Does It Work?

Blockchain Use Cases: Prediction Markets

Utility Token

Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the content is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance AcademyWhat Is Based (BASED)?
Intermediate
Updated Apr 23, 2026
7m
Key Takeaways
Based is a crypto application on the Hyperliquid Layer-1 network that brings trading across crypto, equities, and commodities, together with prediction markets, payments, staking, and AI tools into a single account.

BASED is the native utility token of the ecosystem. Holding or staking it may unlock fee discounts, card cashback of up to 8%, higher spending limits, and access to platform features.

The total BASED supply is fixed at 1,000,000,000 tokens. The Token Generation Event (TGE) took place on March 30, 2026.

Investor and core contributor allocations each follow a one-year lock period with two years of monthly vesting.

Binance Academy courses banner

Introduction
Crypto users often rely on separate platforms for trading, payments, event markets, and yield strategies. Based is an application designed to consolidate these functions. Its developers describe it as a crypto super app: a single interface for accessing markets, funding an account, spending a balance, and using AI-powered financial tools, all within one platform connected to decentralized finance (DeFi).

What Is Based?
Based is a financial application built on top of the Hyperliquid Layer-1 network. Rather than operating its own blockchain, it functions as an application layer that uses Hyperliquid's infrastructure for transaction settlement and execution, targeting sub-second finality without requiring users to manage cross-chain bridges.

The platform is accessible via Web, iOS, Android, and Desktop. Users can fund an account directly by bank transfer or credit card, and access all product features from a single account without switching between apps or networks.

Based raised USD 11.5 million in a Series A round in February 2026, led by Pantera Capital, with participation from Coinbase Ventures, Ethena, Wintermute Ventures, Hashed, and Spartan Group. The Based Foundation manages the ecosystem and rewards token allocation.

Core Features of Based
Trading
Based provides access to spot trading and perpetual futures on Hyperliquid, as well as equities and commodities. The platform operates 24 hours a day, seven days a week on supported markets. Based generates revenue through a 0.025% builder fee on every trade processed via its Hyperliquid builder code.

Prediction markets
Based offers access to event-based prediction markets, where users can take positions on real-world outcomes across topics such as politics, sports, and crypto. These markets are accessible from the same account used for trading and payments.

Based Visa Platinum card
Based provides a Visa Platinum card that can be used at over 100 million merchants worldwide. Cardholders spend directly from their Based balance without needing to off-ramp to a bank account first. Cashback rewards of up to 8% are available, with higher rates tied to higher BASED holding tiers. Card spending limits also scale with the holding tier.

Revenue from card transactions is generated through interchange fees. Cross-border transactions generate additional FX conversion fees.

Based AI
Based AI is described as infrastructure for embedding intelligence directly into the platform. Stated capabilities include: risk monitoring on open positions, trade execution suggestions, portfolio optimization, and autonomous 24/7 strategy execution with private inference so that user data and strategies remain off-platform servers.

The official documentation also describes a concept called agentic commerce: AI agents that can own wallets, execute trades, and settle payments for services programmatically using the x402 payment protocol. Based has launched ai.based.one and based.page as early infrastructure in this direction.

Staking and affiliate program
Users can lock BASED tokens through the platform's staking mechanism. Staking may unlock trading fee discounts, higher card cashback rates, and access to the Based Launchpool. An affiliate program offers commissions for referring new users.

Based Launchpool
The Based Launchpool is a feature that allows users holding or staking BASED to get early access to new token launches. They describe this as a distribution channel for projects that want to reach an active trading audience rather than starting with no user base.

What Is the BASED Token?
BASED is the native utility token of the Based ecosystem, issued by the Based Foundation. It is designed to unlock platform benefits rather than to represent an ownership stake or a claim on protocol earnings. The TGE took place on March 30, 2026.

Holding or staking BASED may provide access to:

Reduced fees on trading and prediction market activity

Up to 8% cashback on the Based Visa Platinum card, scaling with holding tier

Higher card spending limits

Lower on-ramp and off-ramp fees

Access to Based Launchpool and early project allocations

Discounts at Based Mall partner merchants

AI consumption credits for agentic features

The Based litepaper describes the intended economic logic as a flywheel: more traders generate more revenue, which funds better perks, which attract more users, which makes Based a more valuable distribution channel for projects launching via the Launchpool, which drives additional BASED utility demand.

Note that the scope of available benefits may change as the platform develops. Please refer to official Based documentation for current program terms.

BASED Tokenomics
The total supply of BASED is fixed at 1,000,000,000 tokens.

Token allocation
Genesis Distribution: 36.00% (360,000,000 BASED)

Ecosystem and Rewards: 23.64% (236,400,000 BASED), managed by the Based Foundation

Investors: 20.36% (203,600,000 BASED)

Core Contributors: 20.00% (200,000,000 BASED)

Genesis distribution breakdown
24% of the total supply (240,000,000 BASED) was released at the TGE on March 30, 2026. The remaining Genesis allocation is distributed as follows:

Based Community (Season 1, Season 2, PUPs, BasedPal): 23.5% of total supply, fully unlocked at TGE.

Ethena Community: 7.0% of total supply, with 0.5% unlocked at TGE, 20% distributed over three months from TGE, and the remaining 80% subject to a one-year cliff.

Season 3 Participants: 5.0% of total supply, scheduled for distribution in May 2026.

Vesting schedule
Investor and core contributor allocations follow identical vesting structures: a one-year lock period followed by two years of monthly unlocks. The Ecosystem and Rewards allocation is managed by the Based Foundation and reserved for ongoing growth initiatives.

FAQ
What blockchain does Based run on?
Based is not a standalone blockchain. It operates as an application layer on the Hyperliquid Layer-1 network, which provides settlement, execution, and sub-second transaction finality.

What assets can I trade on Based?
Based supports trading across crypto (spot and perpetual futures), equities, and commodities such as gold, silver, and oil, all from a single interface on Hyperliquid. Markets are accessible 24 hours a day, seven days a week.

What is the BASED token used for?
BASED is the native utility token of the Based ecosystem. Holding or staking it may unlock reduced trading fees, up to 8% cashback on the Based Visa Platinum card, higher spending limits, lower on/off-ramp fees, and access to the Launchpool and Based Mall discounts.

When did the BASED TGE take place?
The Token Generation Event for BASED took place on March 30, 2026. The Based Foundation issued the token and manages the ecosystem and rewards allocation.

How is the BASED token supply distributed?
The total fixed supply is 1,000,000,000 BASED, split into Genesis Distribution (36%), Ecosystem and Rewards (23.64%), Investors (20.36%), and Core Contributors (20%). Investor and contributor tokens follow a one-year lock with two years of monthly vesting.

What is the Based Visa Platinum card?
The Based Visa Platinum card lets users spend their Based balance directly at over 100 million merchants worldwide without off-ramping to a bank account. Cashback rewards of up to 8% are available, with rates and spending limits scaling with BASED holding tiers.

Closing Thoughts
Based is presented as a unified financial interface, combining trading across multiple asset classes with everyday spending and AI-driven tools under one account. The BASED token connects platform usage to fee discounts, card rewards, and access to future features, with the Based Foundation managing long-term ecosystem distribution. The project’s thesis is that every tradable asset will eventually move on-chain, and that a single, composable interface will be the primary way users interact with those markets.

Further Reading
Decentralized Finance (DeFi)

What Is Tokenomics and Why Does It Matter?

What Is Crypto Staking and How Does It Work?

Blockchain Use Cases: Prediction Markets

Utility Token

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