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Based

Based

Private
SingaporeCrypto & Web3https://based.one/

Last Round

Series A

Feb 23, 2026

Total Funding Raised

$14.2M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Based is a fintech company that provides a Web3 consumer superapp built on the Hyperliquid ecosystem, offering services including perpetual and spot trading, prediction markets, and a crypto-linked Visa card.

Sector

Crypto & Web3

Verticals

DeFi, Crypto Exchanges, Digital Wallets, Digital Payments, Staking Platforms

Business Model

B2C

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Infrastructure

Keywords

crypto super appdecentralized financeDeFiperpetual tradingself-custodial walletcrypto debit cardprediction marketsAI inference gatewaycrypto trading platformstaking platformWeb3 walletcrypto railson-chain financecrypto infrastructuredegen trading

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Based Comparables

Compare Based with similar companies based on industry and business-model similarity.

Based comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
HyENA
87%
Aevo
75%
Ink Foundation
74%

Based Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AFeb 23, 2026
SeedOct 6, 2022

Key People

Founding team and executive leadership

Zac L.

Co-Founder CTO

Founding Team

Jun Hao Lim

Chief Operating Officer

Executive Team

Based Investors

Notable investors and investment history

Based investors
InvestorRounds
Newman CapitalSeed
TsingTech VenturesSeed
Wintermute VenturesSeries A
KaratageSeries A
DeFiance CapitalSeed
HashedSeed
Arcane GroupSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 12, 2026

    Monthly visitors increased 61% MoM.

  • Feb 20, 2026

    Grew 43% QoQ from 7 to 10 employees.

Based Filings

Explore SEC and related filing metadata, where available.

Based filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Based's valuation, stock price, and market status.

Is Based a public or private company?

Based is a private company.

What is the current stock price of Based?

Based is a private company with no public stock price. No recent secondary market data is available.

How much is Based worth (valuation)?

Valuation information for Based is not publicly available.

Can I buy Based stock?

Based shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Based's last funding round?

Based's most recent funding round was Series A on February 24, 2026.

Who are the main investors in Based?

Key investors in Based include Pantera Capital.

Will Based IPO soon?

No public IPO plans have been announced for Based.

How can I track Based secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Based's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSingapore
Employee Range8
Year Founded2022
Last FundingFeb 23, 2026

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