[Ethena: Based revenue grows 4x in one week, now accounting for approximately 20% of Hyperliquid's 24-hour contract trading volume] BlockBeats News, September 15, Ethena announced in a post, 'Following the announcement of a strategic investment and partnership with Based, a platform built on Hyperliquid's omnichannel trading platform, Based's revenue has grown 4x in one week and now accounts for approximately 20% of Hyperliquid's 24-hour perpetual contract trading volume.' Previously, on September 8, Ethena announced a strategic investment and partnership with Based to continue supporting the Hyperliquid ecosystem. Based accounted for approximately 7% of Hyperliquid's perpetual contract trading volume at that time. Through this partnership, Based will become a key partner in driving the adoption of USDe, USDtb, and other yet-to-be-released Ethena products on Hyperliquid.