Quick Overview
Based is a mobile and web application that connects to Hyperliquid and Polymarket so traders can manage perpetual futures and prediction markets from a single interface.
About Based
What is Based?
Based is a mobile and web application for crypto traders. The tool integrates with Hyperliquid and Polymarket. Users trade perpetual futures, exchange tokens through a swap interface, and participate in prediction markets from one interface. The app has versions for iOS and Android devices.
The platform has a professional trading terminal with order books and depth charts. It includes a dashboard for asset management and a calendar for profit tracking. Users access vaults to earn yield on idle funds. There is also a launchpad for new token sales.
Key Features
Perpetual Futures Trading
Users trade perpetual contracts for assets like BTC, ETH, and SOL with leverage. The platform displays real-time order books, funding rates, and open interest data.
Yield Vaults
The platform includes dedicated vaults where users deposit digital assets to receive automated returns. These vaults manage capital to generate yield based on specific market strategies.
Multi-Platform Accessibility
Mobile applications for iOS and Android allow users to manage positions on the move. The web interface provides a full trading desk with advanced charting and order management.
Portfolio Management
The dashboard tracks spot balances, perp equity, and unrealized profit or loss. Users monitor daily performance through a PNL calendar and oversee cross-margin ratios.
Token Launchpad
Users participate in exclusive sales for new tokens before they reach the general market. This section lists upcoming projects and enables direct participation in fundraising events.
Pros & Cons
Pros
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Unified crypto terminalThe interface combines Hyperliquid perpetual swaps and Polymarket prediction orders into a single dashboard.
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Perpetual futures tradingUsers trade perpetual contracts for major assets like Bitcoin and Ethereum with real-time order books and funding data.
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Direct wallet spendingThe platform includes features to spend held assets through integrated payment services alongside trading activities.
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Mobile trading accessNative apps for iOS and Android contain the full suite of prediction and swap tools for mobile users.
Cons
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Interface complexityHigh density of order book data and technical margin metrics is difficult for new users to navigate without prior trading experience.
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Limited decentralized optionsAccess relies on a specific set of integrated protocols which restricts traders who prefer to use other major prediction platforms.
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Fragmented asset managementSeparation between spot balances and perpetual core equity is a manual hurdle when managing total account liquidity.
Frequently Asked Questions
Based is a super app for trading perpetual futures, exchanging tokens, and participating in prediction markets. It supports assets from Hyperliquid and Polymarket.
The app is available for iOS and Android devices. Users download these from the App Store or Google Play Store.
The tool includes perpetual futures for BTC, ETH, ATOM, DYDX, and SOL. Users view real-time order books, mark prices, and oracle prices to manage trades.
The interface contains options to deposit and withdraw funds. A dedicated portfolio section tracks spot balances and unrealized profit or loss.
The platform has vaults for yield and an affiliate dashboard for referrals. Users also check the leaderboard and active competitions for extra incentives.
A launchpad section exists for exclusive token sales. Users also have a claim section for token airdrops.
