Based Announcements
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Announcements from Based.One

Community: https://t.me/BasedOneVerification
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Funding has been the most-watched number in crypto for a decade. No desk has ever been able to trade it.

That is about to change. Together with Nunchi, we are bringing the first funding rate perps to Hyperliquid. BTCSWP is a perp on the BTC funding rate itself, long if you think funding accelerates, short if it compresses.

An entire asset class moves from watched to traded.

Live on testnet now, mainnet coming soon. Try it: http://testnet.based.one/yex:BTCSWP

The future is Based.

Official Post
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Based Points: One Year Anniversary & Staking Emission Update

Official Post
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Your $BASED and $HYPE are now spendable.

Both tokens are accepted directly on Based Cards. Move them into your card account and spend them anywhere, no swaps, no off-ramp, no friction.

Holding the token and using it are no longer two separate things.

Cards: http://based.one/cards

The future is Based.

Official Post
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The biggest private company in the world, now priced by the market.

SPCX is a pre-IPO perpetual tracking the market-implied price per share of SpaceX common stock. It launched at $150 with a $1.78T initial reference market cap, up to 5x leverage, settling on the IPO event.

Pre-IPO markets by trade.xyz, accessible on Based alongside Cerebras and more.

Trade SPCX: app.based.one/xyz:spcx

Stay Based.

Official Post
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If you're at SEABW 2026, come find us.

Edison, our Co-Founder and CEO, is in Bangkok for Southeast Asia Blockchain Week. Southeast Asia is one of the most active regions in crypto, and we want to hear from the people building here.

Say hi if you're around!

The future is Based.

Official Post
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Your AI gateway just got bigger.

Image generation is now live on https://ai.based.one. And alongside Claude, GPT, and Gemini, the new open-source frontier is now in reach: GLM, MiniMax, Qwen, DeepSeek, and more, all on a single endpoint.

One key. Every model. Now with images.

Try Based AI: https://ai.based.one

Stay Based.

Official Post
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The AI trade is not one stock. It is the whole supply chain.

Nvidia, TSMC, ASML, SK Hynix, the names building the compute layer, now trade on Based through tradexyz. Permissionless and self-custodial, available on iOS, Android, and web. When the cycle turns, you can act on it from wherever you are.

http://app.based.one

The future is Based.

Official Post
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A week ago the market gave a US-Iran deal better than 75% odds. Today it is 27%, and the probability of the Strait of Hormuz reopening normally has fallen to 22%.

US crude jumped more than 8% to $94 as Iran ended negotiations and vowed to block the strait, the channel that carries roughly a fifth of global seaborne crude. Trump countered that prices will fall "like a rock." Both views cannot hold, and the spread between them is where the next move lives.

Trade Brent Crude: app.based.one
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AI-related companies have issued roughly $140 billion of investment-grade bonds this year, almost half of all IG issuance, and absorbed around $220 billion of venture funding. That concentration is now visible in credit markets: Nvidia's 5-year CDS prints near 38bps, just inside the 40bps on US Treasuries.

When a single company starts pricing tighter than the sovereign that backs the currency it borrows in, the market is making a statement about where it believes the safest cash flows now sit.

Trade NVDA: app.based.one
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You already live inside these companies. Now you can hold a position in them without asking anyone for permission.

Apple, Microsoft, Amazon, Tesla and more trade on Based through tradexyz. Your keys, your assets, fully self-custodial. On iOS, Android, and web, so when the market moves on a headline, you are already there.

app.based.one

Stay Based.
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Season 3 terms signing closes on 4 June 00:00 AM UTC.

Earned Diamonds but have not signed? Accept the Terms and Conditions before the deadline to receive your $BASED on 7 June.

Sign: basedfoundation.com/s3

Stay Based.
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