DeFi
The platform unifies mobile, web, and Telegram trading, signaling a push for CEX-level user experience on decentralized exchanges.
August 29, 2025, at 3:30 PM
Companies mentioned:
Based has launched an omnichannel trading platform on the Hyperliquid decentralized exchange, designed to provide a cohesive user experience across multiple devices. The new platform integrates trading through a mobile app for both iOS and Android, a web-based terminal, and a bot integrated directly into Telegram.
This development aims to address a common friction point for users of decentralized exchanges: a fragmented trading experience. By creating a unified interface, Based seeks to match the convenience and accessibility typical of centralized exchanges while leveraging the underlying benefits of Hyperliquid's decentralized infrastructure, which includes self-custody of funds and no gas fees.
The venture is supported by notable investors in the digital asset space, including Hashed, Delphi Digital, Newman Capital, and Spartan Group. The launch signals a broader industry trend of decentralized platforms focusing on user experience and accessibility to compete more effectively with their centralized counterparts for trader activity and liquidity.
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