what's Basis Markets?
Basis Markets is a decentralized trading platform built on the Solana blockchain, specializing in perpetuals, derivatives, and options trading. It emphasizes delta-neutral strategies through advanced automation tools like the Basis Trade Engine for opportunity analysis and the Basis Trade eXecutor for one-click trade execution. Real-time insights and blockchain analytics enable sophisticated yield generation in DeFi. Access to the platform requires holding a Basis NFT, with trading fees paid in the native BASIS token. Designed for experienced traders, it targets niche markets with AI-driven risk management and high-speed Solana infrastructure for low-cost, efficient operations.
Basis Market faces UK regulatory action for alleged $30M scam involving TraderSkew.
Listed as a new derivatives project in a daily crypto news summary thread on January 12, 2026.
UK government takes regulatory action against the project after allegations of raising nearly $30 million in a scam operation led by TraderSkew and associates.
UK authorities arrested two men over $28 million NFT sale in the UK's first major crypto prosecution investigation.