BASED — price, funding and open interest
BASED/USDT perpetual on OKX · Binance · BingX · MEXC · Bybit · Gate · Bitget · HTX · KuCoin · Coinbase · Kraken: price 0.068650, 24h turnover $10.5M. Updated in real time.
What this is
Exchange tokenBased is a trading super-app built on the Hyperliquid ecosystem: perpetuals and spot from a phone, prediction markets, staking, and a Visa card spending the crypto balance directly. The idea is to pack the power of an on-chain exchange into the interface of an ordinary fintech app. The BASED token drives the platform's economy and incentives. The honest caveat: the app is a wrapper over someone else's infrastructure, and its fate is tied to Hyperliquid's — and to whether it retains users against the native interface.
BASED unlocks
Full unlock calendar →Linear release of 11.8K tokens per day · Past unlocks: 3
Chart
Chart built from data of Bybit
What the data shows
BASED trades at 0.068650. Over 175 days it ranged between 0.049500 and 0.3252; the price now sits in the lower third of that range — 7% of the way from the yearly low to the high.
All-time high is 0.3252 (April 2026); the price is 79% below it now.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. That is the 1th percentile for the month — a rare short lean for this coin.
Open positions in BASED are worth $17.5M. Over the past hour open interest rose by 0.60%. That is the 2th percentile over three weeks: noticeably fewer positions than usual.
The daily range is 5.3% and five-minute NATR is 0.24%. That range is in the 8th percentile for the year — a noticeably calmer day than usual.
24-hour turnover is $10.5M — the 86th percentile for the year: noticeably busier than usual.
Over the day +2.22%, over the hour +0.53%, over the last five minutes +0.32% — the move has only just started.
Traded on 11 venues: OKX, Binance, BingX, MEXC, Bybit, Gate, Bitget, HTX, KuCoin, Coinbase, Kraken — the price is cross-checked across several sources.
NATR is 0.10% on the minute and 1.19% on the hour — the move is choppy: within an hour price travels far and comes back.
BASED correlation with Bitcoin over 24 hours is 0.44 — it partly moves with the market.
By turnover it ranks 403 of 2006 instruments in the screener.
By daily range it ranks 1209 of 2006.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
Kairo- FundingRate +0.0050% is the 1th percentile for the year: longs pay shorts more than almost ever in this coin's history.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — exchange token. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.