Remember last month when I stumbled upon @BasedOneX? Back then, I think it was still called BasedApp. My first reaction was, "Is this an app built on Base?" Turns out it has nothing to do with Base—it’s actually a project in the Hyperliquid ecosystem… I just registered today and gave it a try. It feels pretty good overall. Essentially, it’s like a Hyperliquid frontend with a skin + some extensions, but it has three main advantages: 1. The user experience is better than using Hyperliquid directly. Hyperliquid is more hardcore, while Based’s trading experience feels more like a CEX—super smooth. 2. Hyperliquid only has a web version, but Based has an app and even a Telegram bot. Mobile support is definitely an advantage. 3. The reason Based caught my attention again is because I’ve been following the progress of HIP-3. A few days ago, HIP-3 finally launched, and the first asset is xyz100 (tracking the index of the top 100 non-financial companies in the U.S.). But you can’t see or trade it on Hyperliquid Core—it’s only available on frontends like Based and Phantom. Right now, Based’s daily trading volume has already surpassed $300 million, accounting for 3–5% of Hyperliquid’s total trading volume. It’s the fastest-growing and highest-revenue project in the ecosystem. Plus, future trading pairs on Hyperliquid (like stock futures) might prioritize launching on Based first. This means it’s not just a simple frontend enhancing user experience anymore—it’s becoming a key liquidity hub within the ecosystem. I’ve also heard that the accompanying points airdrop mechanism is being planned, and the incentives are pretty generous—three-tier fee sharing: ✅ Tier 1: 60% / Tier 2: 12% / Tier 3: 4% ✅ You can earn up to 76% of the trading fee share. In summary, this project is super early-stage, competition for points is low, it’s backed by the Hyperliquid ecosystem, and the fee sharing ratio is high. Getting in early is definitely worth it. Dropping my invite link here—if you’re already using or planning to use Hyperliquid, give it a shot. You’re using Hyperliquid anyway, and this has a better experience. Plus, you can snag an airdrop while you’re at it. Why not? https://app.based.one/r/LAOBAI