# funding

1.34M
🔥 BIG FUNDING ALERT IN CRYPTO! 🔥
Venture capital heavyweight Pantera Capital has led an $11.5M funding round in Based, a next-gen crypto app powered by Hyperliquid infrastructure. This move signals strong confidence in on-chain trading platforms and decentralized financial rails.
💰 What’s Happening?
Based is building a crypto application leveraging Hyperliquid’s high-performance on-chain trading engine. With this new capital injection, the company plans to:
✅ Expand into new global markets
✅ Strengthen its onchain financial infrastructure
✅ Improve user experience for decentralized trading
HYPE-8,43%
DEFI-6,21%
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