BASED
CryptoCross MarginBASED perpetual listed by HyENA. Up to 3x with USDe collateral.
About BASED
Community meme token — a speculative crypto asset driven by social sentiment and onchain culture.
BASED is a meme token that trades on crypto-native venues, deriving its value primarily from community engagement, social media momentum, and speculative trading activity rather than a specific protocol utility or revenue model. Like other meme tokens, BASED has no formal product roadmap or technical infrastructure beyond its token contract, and its price behavior is dominated by narrative cycles, influencer attention, and broader meme-coin market sentiment. Meme tokens as an asset class have become a significant part of crypto derivatives trading volume, with retail traders often using them for short-term directional bets during periods of elevated market enthusiasm. For traders, BASED offers high-volatility exposure to the meme-coin segment, where social dynamics and community coordination can produce sharp, rapid price moves in either direction.
Traders can access up to 3x leverage using USDe as margin collateral. This market supports cross margin under Unified Account or Portfolio Margin mode.
- Tracks
- BASED
Price Chart
Market parameters
Key market data for the live BASED perpetual on HyENA. Fees shown use Tier 0 defaults with no wallet-specific discounts.
