Your AI gateway just got bigger.
Image generation is now live on https://t.co/lq3188ey1w. And alongside Claude, GPT, and Gemini, the new open-source frontier is now in reach: GLM, MiniMax, Qwen, DeepSeek, and more, all on a single endpoint.
One key. Every model. Now with images.
Try Based AI: https://t.co/lq3188ey1w
Stay Based.
Your $BASED and $HYPE are now spendable.
Both tokens are accepted directly on Based Cards. Move them into your card account and spend them anywhere, no swaps, no off-ramp, no friction.
Holding the token and using it are no longer two separate things.
Cards: https://t.co/rv34kBa3KX
The future is Based.
Funding has been the most-watched number in crypto for a decade. No desk has ever been able to trade it.
That is about to change. Together with Nunchi, we are bringing the first funding rate perps to Hyperliquid. BTCSWP is a perp on the BTC funding rate itself, long if you think funding accelerates, short if it compresses.
An entire asset class moves from watched to traded.
Live on testnet now, mainnet coming soon. Try it: https://t.co/H7I22dGAN9
The future is Based.
Coinbase has announced its plan to activate AQAv2 on USDC as the treasury deployer, with Circle serving as the technical deployer responsible for CCTP and native cross-chain infrastructure. Both Coinbase and Circle have committed to stake HYPE to activate AQAv2. As part of this transition, Native Markets has agreed to terms granting Coinbase the right to purchase the USDH brand assets. With Coinbase, in its role as treasury deployer, sharing the vast majority of reserve yield revenue with the protocol, USDC will become the most aligned stablecoin on Hyperliquid. As a result, canonical outcome (HIP-4) markets will use USDC as the quote asset in a future network upgrade.
User and builder feedback has been consistent that fragmentation leads to degraded experience; now, the community no longer needs to choose between liquidity and protocol alignment.
The pioneering work of Native Markets in launching USDH as the first production-scale stablecoin sharing yield directly with a protocol in a purely onchain implementation made AQAv2 possible. The learnings and mechanics pioneered by USDH will live on in AQAv2.
The Hyper Foundation will give grants to eligible HIP-3 deployers, HIP-1 deployers, and builders who integrated USDH, supporting teams through migration over the next months. These grants reflect an ongoing commitment to teams who choose to build on Hyperliquid and align with the protocol. USDH markets are fully functional but will sunset over time. USDH remains fully backed, with feeless conversions to USDC and fiat available to users during this transition.
Something is changing in how people trade.
Over the past few months, more capital and more traders have been moving into tradfi assets on-chain, not just crypto. In the last 24 hours, half of the top 10 assets traded on Hyperliquid by volume were tradfi instruments.
Some users download @BasedOneX and never touch a crypto perp. They only trade oil and equities. This makes sense. The infrastructure to trade global markets from anywhere has existed in pieces for years. It just wasn't assembled into a product anyone could actually use. When it is, people use it for what they actually want, which is access to the assets they couldn't get before.
The default expectation becomes that any person with a phone can trade any liquid asset on Earth, at fair prices, without asking permission from a broker, a bank, or a government. National market infrastructure stops being a moat and starts being a legacy detail. Capital formation, price discovery, and savings stop being downstream of where you were born.
There's room for Based to be the product that is key to this paradigm shift.
We've spoken to many traders actively using Based. Many of them have never touched crypto before, which means the product isn't yet good enough for them. Over the next few weeks, we will be:
- Redesigning the discovery surface so tradfi assets are easier to find and trade
- Adding fiat rails so users can deposit USD by bank transfer at low fees
- Tightening spreads and execution on tradfi assets so Based is competitive with the platforms people are leaving
The next wave of Based users will not look like the last one. They will not come for crypto. They will come because they want to trade SK Hynix, or Brent, or Intel, and Based is the only place they can.
But once they are in, it has never been easier to access any crypto assets that is also conveniently located in the same platform.
Your Season 3 $BASED is ready.
Season 3 has concluded. Tokens will be credited directly to your staking account, no separate claim required.
If you signed the Terms and Conditions during Genesis, your $BASED arrives 11 May 2026. No further action.
If you have not signed yet, accept the Terms by 4 June 2026 and your tokens will be released on 7 June 2026.
Sign: https://t.co/L22MJ1zYBq
Stay Based.