TechFlow News: On March 20, Based—a crypto trading and consumption platform in the Hyperliquid ecosystem—announced that $BASED airdrop tokens will be distributed directly to users’ Hyperliquid wallet addresses on the day of the Token Generation Event (TGE), with no manual claim required.
Users must specify their receiving wallet address. The deadline is 12:00 UTC on March 25; addresses not set by then will default to the user’s primary wallet address.
Earlier reports indicated that the BASED token will launch its TGE on March 30. Based previously raised $11.5 million in its Series A funding round, led by Pantera Capital.
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