Based Launches Zero-Fee Launchpad ‘Basedpad’ on Hyperliquid

Based has introduced its first zero-fee public launchpad, Basedpad, marking a significant development for the Hyperliquid ecosystem. The initiative aims to democratize token launches by offering fair, community-driven participation, reminiscent of Binance's early launchpool days.

The platform features a dual allocation system: a public tier open to all and a whitelisted tier reserved for loyal Based and Hyperliquid supporters. This structure is designed to prevent disproportionate allocations by transient participants while rewarding long-term community engagement.

All launches will operate via HyperEVM using an overflow model, ensuring proportional distribution based on user commitment. The MOVE underscores Hyperliquid's growing influence in decentralized finance, offering a streamlined alternative to traditional token launch mechanisms.