The @BasedOneX team are some of the most impressive builders we have had the privilege to work with in the last few months.
One look at their website and product and you can see the quality for yourselves.
Excited to formalise a partnership as they will support the distribution of existing and new Ethena products being brought to the HL ecosystem.
Internal chat screenshots below:
We are excited to continue our support of the @HyperliquidX ecosystem via a strategic investment into and partnership with @BasedOneX.
Based operates the largest builder codes platform by revenue, representing ~7% of Hyperliquid perps volume today.
With this partnership, Based will become a key partner for the adoption USDe, USDtb and other unreleased Ethena products on Hyperliquid.
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