BasedRewards & Airdrop History
BasedApp ran three points seasons on its perp trading super-app before and around the BASED TGE. The points era is fully paid out.
Independent research, not a token-access portal
PerpFinder is not Based and is not affiliated with or endorsed by it. We do not connect wallets, check eligibility, process token distributions, accept deposits, or distribute tokens. Never enter a password, seed phrase, or private key on PerpFinder. Historical distributions do not prove that a future airdrop will occur.
Documented Based program mechanics
Research snapshot reviewed 2026-07-05. This table describes published mechanics; it does not check eligibility or promise a distribution.
| Method | Points / $ | Multiplier | Details |
|---|---|---|---|
| BASED Staking | — | 1x | Post-TGE rewards moved to tiered BASED staking with dynamic APY that falls as more tokens stake. |
| Affiliate Fee Share | — | 1x | Affiliates earn a share of trading fees across three tiers; referred users get a 10% monthly fee rebate. Points referrals ended with Season 3. |
What Based has actually paid out
| Season | Date | Distributed | Price at drop | Eligibility |
|---|---|---|---|---|
| Seasons 1-2 (TGE) | 2026-03-30 | 235M BASED | $0.12 | Season 1 and 2 points plus NFT holders — 23.5% of the 1B supply, unlocked at TGE. |
| Season 3 | 2026-05-11 | 50M BASED | $0.1 | Season 3 participants (season ended 2026-05-04); 5% of supply, with distribution completed 2026-06-07 and reported sybil clawbacks. |
Status note (2026-07-05): BASED launched 2026-03-30 (CoinGecko: based-one). Season 3 was the final points season; earning has shifted to staking and affiliate fee share, and no Season 4 is announced as of 2026-07-05. Points may never convert to tokens. The team sets any conversion ratio at distribution time. Never trade solely to farm an airdrop.
FAQ
Is a new Based airdrop confirmed?
No new airdrop is confirmed by past distributions alone. Based previously distributed 235M BASED in Seasons 1-2 (TGE). The separately tracked rewards-program status is completed. PerpFinder does not determine or verify eligibility.
Is the documented Based program still active?
No — the points era has ended. Nothing earns airdrop points on Based today. The Documented Based program mechanics table describes how the concluded program worked.
What did earlier Based seasons pay?
Seasons 1-2 (TGE) (2026-03-30): 235M BASED at ~$0.12 per token; Season 3 (2026-05-11): 50M BASED at ~$0.1 per token.
Other active programs
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