BASED token launch is planned for Q1 2026.

HLPe liquidity pool launches on HyENA with three revenue sources (funding rate, market making, and liquidations) and offers 70x Ethena Points multiplier for the first month of Season 5, reducing to 50x thereafter.

HyENA perpetuals trading platform goes live offering Based Gold points as rewards alongside HyENA and Ethena points, with 12% APR on USDe long positions for trading BTC, ETH, SOL, and HYPE.

Farming opportunity live on BasedOneX where users earn Based Gold, POLY tokens, and Hyena points through predictions market activity.