what's Based?

Based is a financial superapp providing a unified interface for trading commodities, equities, and crypto across markets with permissionless access, 24/7 availability, and composable features.[[2]](https://litepaper.based.one/) It enables direct deposits from bank accounts or credit cards, spending balances via a Visa Platinum card without off-ramping, discovery of new projects through launchpools, and AI-native wallets where agents autonomously trade, monitor risk, and execute strategies. Built on Hyperliquid, it incorporates HyENA, a capital-efficient perpetual DEX using USDe margin, and supports agentic commerce with features like x402 payments for programmatic transactions.[[3]](https://app.based.one/)[[2]](https://litepaper.based.one/) The $BASED token is the native utility token issued by the Based Foundation with a fixed supply of 1,000,000,000. It provides reduced trading and prediction market fees, up to 8% Visa card cashback, higher card limits, lower on/off-ramp fees, future launchpool access, airdrops, and AI consumption credits. Governance is enabled through token holdings, with significant community allocation at genesis.[[2]](https://litepaper.based.one/)

Based has a TGE on March 30 for sENA holders and is featured on Binance Alpha.

contract