Ask about Based
Key Metrics
Fees 30d$207,957.89
Fees 30d by chain
Hyperliquid L1$207,227
Polygon$727.64
Robinhood Chain$3.25
Fees 7d$7,604.08
Hyperliquid L1$7,517
Polygon$86.52
Robinhood Chain$0.56
Fees 24h$406.53
Hyperliquid L1$394
Polygon$12.53
Robinhood Chain$0
Cumulative Fees$17.2m
Hyperliquid L1$17.19m
Robinhood Chain$5,920.37
Polygon$5,495.6
Revenue 30d$188,580.12
Revenue 30d by chain
Hyperliquid L1$187,850
Polygon$727.64
Robinhood Chain$2.48
Revenue 7d$7,603.94
Hyperliquid L1$7,517
Polygon$86.52
Robinhood Chain$0.42
Revenue 24h$406.53
Hyperliquid L1$394
Polygon$12.53
Robinhood Chain$0
Cumulative Revenue$16.04m
Hyperliquid L1$16.03m
Polygon$5,495.6
Robinhood Chain$4,511.49
Holders Revenue 30d$0
Holders Revenue 30d by chain
Hyperliquid L1$0
Polygon$0
Robinhood Chain$0
Holders Revenue 7d$0
Hyperliquid L1$0
Polygon$0
Robinhood Chain$0
Holders Revenue 24h$0
Hyperliquid L1$0
Polygon$0
Robinhood Chain$0
Cumulative Holders Revenue$0
Hyperliquid L1$0
Polygon$0
Robinhood Chain$0
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$12.9m
$188,580.12
$7,603.94
$406.53
$16.04m
DEX Volume 30d$73,817.02
DEX Volume 30d by chain
Polygon$73,561
Robinhood Chain$256.02
DEX Volume 7d$9,211
Polygon$9,167
Robinhood Chain$44
DEX Volume 24h$1,253
Polygon$1,253
Robinhood Chain$0
Cumulative DEX Volume$902,464.11
Robinhood Chain$474,849.11
Polygon$427,615
DEX Notional Volume 30d$166,001
DEX Notional Volume 30d by chain
Polygon$166,001
DEX Notional Volume 7d$37,599
Polygon$37,599
DEX Notional Volume 24h$4,454
Polygon$4,454
Cumulative DEX Notional Volume$28.68m
Polygon$28.68m
Perp Volume 30d$823.53m
Perp Volume 30d by chain
Hyperliquid L1$823.53m
Perp Volume 7d$38.08m
Hyperliquid L1$38.08m
Perp Volume 24h$2.09m
Hyperliquid L1$2.09m
Cumulative Perp Volume$46.721b
Hyperliquid L1$46.721b
$0
Market Cap$14.73m
$BASED Price$0.063
$62.68m
$47.86m
$BASED Volume 24h$3.5m
CEX Volume$1.42m
DEX Volume$2.31m(66.13% of total)
Total Raised$11.5m
Sep 8, 2025Round: Investors: Ethena
Feb 23, 2026$11.5mRound: Series AInvestors: Pantera Capital, Coinbase Ventures, Wintermute Trading, Karatage
Protocol Information
Trade, Predict and Spend. Built on Hyperliquid L1, Polymarket. Backed by Ethena Labs.
- Based AlphaLaunchpad
- BasedAppInterface
- HYENAInterface
- Based PredictInterface
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Notional Volume: Notional volume of all trades on protocol
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Frequently Asked Questions
What is Based's TVL?
Based currently has $15,192 in total value locked. TVL has increased 32.6% over the past 30 days.
What chains does Based operate on?
Based operates on 3 chains: Hyperliquid L1, Polygon, and Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How much has Based generated in fees and revenue?
Over the past 30 days, Based generated $207,957.89 in fees. Of that, $188,580.12 was protocol revenue. Based on the trailing year, the annualized rate is $14.06m in fees and $12.9m in revenue.
What is the BASED token price and valuation?
BASED is currently trading at $0.063. Its circulating market capitalization is $14.73m, ranking it #1,250. Its fully diluted valuation is $62.68m. Supply currently stands at 235m circulating, 1b total supply, 1b maximum supply.
How has BASED performed recently?
BASED is down 7.3% over the past 7 days and down 24.2% over the past 30 days. Its all-time high is $0.32, reached on Apr 16, 2026. The token is currently 80.5% below that level.
Which protocols are included in Based?
Based is a parent protocol whose tracked products include Based Alpha, BasedApp, HYENA, and Based Predict.
How much trading volume does Based process?
Based processed $73,817.02 in DEX volume over the past 30 days.