BasedApp is a next-generation cryptocurrency platform built on Hyperliquid, offering users a one-stop solution for trading, spending, and earning.
It functions as:
- A mobile trading interface for the Hyperliquid ecosystem
- A crypto payment solution through an integrated Visa debit card
This dual setup allows users to trade crypto and spend it at millions of merchants worldwide, bridging the gap between decentralized trading and traditional finance.
Key highlights of BasedApp:
- Supports perpetual and spot trading on Hyperliquid
- Introduced trailing stop-loss orders (first-of-its-kind on Hyperliquid)
- Accepts deposits from Hyperliquid, Solana, and Arbitrum
- Backed by leading venture firms including Delphi, Hashed, and Spartan
With these features, BasedApp positions itself as a powerful DeFi platform combining liquidity, accessibility, and real-world usability.
BasedApp Airdrop Details
BasedApp has teased a future token generation event (TGE), with allocations distributed to users based on their XP and points. While the exact structure isn’t confirmed, the project has already introduced a rewards system that forms the basis for eligibility.
According to Coindrops, the airdrop farming opportunity revolves around two core reward mechanisms:
- XP (Experience Points) – Earned through trading activities
- Points – Earned through card spending
The project has secured the $BASED ticker on Hyperliquid, suggesting that XP may eventually be converted into BASED tokens during the TGE.
Current XP earning rates:
- 0.06 XP per $1 in perpetual trading
- 0.30 XP per $1 in spot trading
- 4–6 points per $1 spent via BasedApp Visa card (depending on tier)
👉 Update: XP emissions were recently reduced by 25%, making each XP point more valuable going forward.
BasedApp Permanent XP Boost Program
BasedApp introduced a Permanent XP Boost Program, rewarding long-term community members through $PUP token holdings.
XP Boost Tiers for Airdrop Recipients
- 25% Boost → Hold 35%+ of original $PUP airdrop
- 50% Boost → Hold 70%+ of original $PUP airdrop
- 60% Boost → Hold 110%+ of original $PUP (includes extra purchases)
For Non-Airdrop Users
- 25% Boost → Purchase and hold 2,000,000 spot $PUP tokens
This loyalty system prioritizes retention over portfolio size, giving consistent holders significant advantages.
BasedApp Flow Battle: Season 1
Latest Update: BasedApp launched Flow Battle: Season 1 with exciting rewards.
- Competition Period: September 6th – 16th (10 days)
- Prize Pool: Up to $50,000
- Extras: Exclusive NFTs for winners
- Winners: Top 10 participants
BasedApp Hyperdrop Snapshot Completed
On August 19th, 2025 (12pm UTC), BasedApp completed its first Hyperdrop snapshot.
- Qualified addresses: ~4,100
- Anti-sybil measures: Sybil addresses removed for fair distribution
- Next step: $PUP airdrop distribution within 48 hours
Further claim details will be shared on official BasedApp channels.
How to Participate in BasedApp Airdrop
Follow these steps to maximize your eligibility for $BASED tokens:
- Sign Up – Visit the BasedApp website and enter invite code COINDROPS
- Verify Account – Complete email and KYC verification
- Download Mobile App – Install BasedApp from Google Play or Apple Store
- Fund Account – Deposit via Hyperliquid, Solana, or Arbitrum
- Start Trading – Earn XP through perpetual and spot trades (spot = 5x higher XP)
- Apply for Visa Card – Spend crypto and earn 4–6 points per $1
- Join Referral Program – Unlock tiers and earn up to 78% commissions
Maximizing Your XP and Points
Trading Strategy:
- Focus on spot trading for 5x higher XP
- Trade regularly instead of large one-offs
- Use trailing stop-loss to balance profits and XP accumulation
Card Usage:
- Spend daily with BasedApp Visa card
- Gold Card holders earn 50% more points
- Zero top-up fees for stablecoins
Referral Growth:
- Leverage BasedApp’s three-tier system
- Direct referrals earn 60% commission for life
FAQs
When is the BasedApp token airdrop?
No date announced yet. TGE will use XP and points to calculate allocations.
How many tokens will I get?
It depends on your total XP + points before TGE.
Can I skip the Visa card?
Yes. Trading alone earns XP, but card usage adds extra points.
What happens to points at TGE?
Points will be converted into XP, making a unified reward system.
Conclusion
BasedApp is one of the most exciting upcoming airdrop opportunities on Hyperliquid. By combining spot & perpetual trading, Visa card spending, and referrals, users can maximize their XP and points ahead of the token generation event.
At Coindrops, we recommend:
- Focusing on spot trading for higher XP
- Using the Visa card to accumulate extra points
- Staying active in competitions like Flow Battle
- Following BasedApp’s official channels for snapshot and claim updates
With strong backers and unique integration between DeFi and real-world payments, BasedApp is positioned to become a major player in the crypto ecosystem.