Based Streams Platform Goes Live on Hyperliquid Network

Highlights:

• Hyperliquid launches Based Streams, combining decentralized finance and real-time video broadcasting.
• Viewers can earn “Based Gold” and donate using Hypercore tokens during livestreams.
• Based Streams removes intermediaries with direct wallet-based streaming and payments.

Hyperliquid, a decentralized exchange designed to support live trading activity, has launched Based Streams, a livestreaming platform created on its blockchain platform for creators and traders. The platform will be launched today at 12.30 UTC with a real-time broadcasting application based on the Hypercore protocol.

Now, creators have the opportunity to conduct live video and share on-chain trades with their viewers. This allows them to take part in live chatting and show trading on screen when broadcasting. The system also incorporates direct viewer token donations.

Based Streams does not use centralized intermediaries. All transmissions start right out of crypto wallets. Subscriptions, pay-per-view access, and tipping with the Hyperliquid native token, HYPE, are also supported with this wallet-first model.

Introducing Based Streams – The First Hyperliquid powered Live Streaming platform.

Create and host your own livestreams. Schedule sessions, engage in live chat, and showcase your trades in real time while connecting with your community.

Our Donations infrastructure is built on… pic.twitter.com/ijlEdeqwiG

— Based (@BasedOneX) October 10, 2025

Real-Time Engagement with Decentralized Infrastructure

The platform is operated on the blockchain of Layer 1 of Hyperliquid. The network is known to have high-speed DeFi applications, low-latency streamlining, and instant financial transactions. The smart contract layer, called HyperEVM, is the layer of Hyperliquid that drives the system and is connected to the growing network of validators.

Hypercore allows creators to be tipped with tokens of Hypercore. Meanwhile, they are able to gain “Based Gold” by merely listening to the stream and engaging with it. Based Gold is an audience reward, which leads to high engagement and loyalty.

The system also has an inbuilt wallet-based log-in, eliminating the use of accounts or emails. All the things are available to the viewers through secure wallet authentication. Both streamers are able to plan their next live shows and build their fanbase with fewer limitations on platforms.

Decentralized Monetization for Streamers

Streamers do not have to depend on advertisements and payments made by the platform. Based Streams is a fully permissionless revenue generation model. Payments, tips, and other monetization tools are executed on-chain and therefore, settle instantly and transparently.

Moreover, Based Streams allows content discoverability to occur naturally by eliminating algorithms and ad-driven curation. The creators are able to develop audiences without gamifying the ranking of platforms. This gives a chance to smaller or new creators to shine through.

The launch event was done by streamer @LH_0302, who opened 500 blind boxes live on camera. This form of interactive content puts an emphasis on the potential of the platform to be used as a real-time trading platform, an entertainment platform, and a reward-based participation.

Additionally, Based Streams was created by its creators to have several layers of monetization. Streamers have an opportunity to create communities that take advantage of DeFi-native rewards, and they also showcase live market trades. All this goes on in the absence of centralized gatekeeping.

New Standard for Streaming in Web3

Through this launch, Hyperliquid identifies itself as beyond a DEX. It is creating an ecosystem where content, finance, and community meet. It is rolled out after one year of Hyperliquid development, such as DeFi, social, and NFT integrations.

Furthermore, the protocol also enhances transparency with public smart contracts, as stated by the developers. On-chain tracking and verification are possible on all donations and reward mechanisms, which builds trust. The platform makes future innovations available. The streaming model may be developed into possibilities such as prediction markets and stake-based viewer events. These are only made possible through the programmable financial rails of Hyperliquid.

Meanwhile, Bitwise Asset Management submitted an S-1 to introduce a spot ETF, HYPE, the token of Hyperliquid, on September 25. This also indicates an increasing institutional interest in the Hyperliquid ecosystem.

NEW: @BitwiseInvest files for Hyperliquid ETF. HYPE pic.twitter.com/l3WaXRmo8Z

— James Seyffart (@JSeyff) September 25, 2025