What is Based?

Symbol: BASED · Market cap rank: #916

Short answer

Based (BASED) is a cryptocurrency currently ranked #916 by market capitalisation. It is classified as DeFi, DEX, Perpetuals.

Source: isthiscoinascam.com

Overview

Based is a financial application built on Hyperliquid, enabling users to trade cryptocurrencies, equities, and commodities through a unified interface. Users can fund their accounts directly from bank accounts or credit cards and can spend balances using a Visa Platinum card at over 100 million merchants globally without requiring a separate off-ramp.

The platform supports multiple devices, including web, iOS, Android, and desktop, allowing operations from a single account. Key features include curated Launchpools for access to early projects and AI-native wallets designed for autonomous trading and risk management.

Launched: 2021

Headquarters: Singapore

Scam-risk analysis

Based has a moderate score — some risk signals were raised but no critical concerns. Is Based a scam?

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