Task Description
BasedApp is a trading and payment platform built on Hyperliquid, has introduced an activity-based rewards program that may lead to a future token airdrop. The project merges decentralized trading with traditional payment systems through its mobile application, supporting both spot and perpetual trading and enabling cryptocurrency spending via an integrated Visa card.
Task Description
The BasedApp Airdrop will distribute tokens during a future token generation event (TGE), with allocation amounts based on two metrics: XP from trading and points from card usage. Points will convert to XP before the TGE to determine final rewards.
The current earning framework includes:
0.06 XP per $1 traded in perpetual markets.
0.30 XP per $1 traded in spot markets.
4–6 points per $1 spent using the BasedApp Visa card, depending on the card tier.
Spot trading provides a higher XP rate than perpetual trading, while card spending offers a separate stream of points that count toward final token eligibility.
Snapshot Results Announced for BasedApp Hyperdrop
On August 19, 2025, at 12pm UTC, BasedApp completed the snapshot for its first-ever Hyperdrop. Around 4,100 addresses qualified after applying anti-sybil measures to remove duplicate and suspicious entries.
The project announced that the $PUP token airdrop will reach eligible wallets within 48 hours. Claim instructions and the distribution mechanism will be shared through BasedApp’s official channels.
How to Join the BasedApp Airdrop
Sign Up – Visit the BasedApp website, register, and complete KYC verification. Enter invite code COINCHAPTER
Install the App – Download from the Apple App Store or Google Play Store.
Fund the Account – Deposit from supported networks or use the fiat on-ramp.
Start Trading – Trade $HYPE tokens through BasedApp to earn XP.
Optional Referrals – Invite users to earn additional commissions on their trading fees.
Strategies to Increase Rewards
Focus on spot trades to gain more XP per dollar compared to perpetual trades.
Make consistent smaller trades to steadily grow XP.
Use the Visa card for routine payments to earn points without extra fees on USD stablecoin top-ups.
Gold Card holders can increase point earnings by 50%.
Build a referral network to benefit from multi-tier commissions.
Positioning for the BasedApp Airdrop
BasedApp’s dual reward model creates multiple ways for users to increase their future airdrop allocation. By combining active trading with everyday spending, participants can maximize XP accumulation before the TGE. The absence of a confirmed airdrop date means the most consistent engagement now may yield greater rewards later.
With its integration into the Hyperliquid ecosystem and cross-network deposit support, BasedApp offers a structured path for users seeking early positioning in its potential token launch.
