Hyperliquid launches live platform 'Based Streams' combining real-time trading

Minseung Kang

Summary

Hyperliquid announced it will launch a new live streaming platform, 'Based Streams', that combines real-time trading features and creator content.
The platform reportedly offers various participatory reward structures, such as sharing real-time trading records and direct support using Hypercore tokens, and rewards like 'Based Gold' for watching broadcasts.
Hyperliquid stated, "It will provide revenue opportunities for both traders and creators," emphasizing that it is the largest DEX with about 38% market share of on-chain perpetuals.

On-chain derivatives exchange Hyperliquid (Hyperliquid) has unveiled a new live streaming platform, 'Based Streams', that combines real-time trading features with creator content.

According to crypto-focused media CoinDesk on the 10th (local time), Hyperliquid will officially launch the 'Based Streams' service from 21:30 (Korean time) that day. The platform is designed so that users can conduct live broadcasts while simultaneously sharing on-chain trading records and communicating with viewers via chat.

Based Streams is built on Hyperliquid's on-chain protocol, Hypercore (Hypercore). Through this, viewers can directly support creators with Hypercore tokens, and can receive 'Based Gold' simply by watching broadcasts.

Hyperliquid explained, "This service presents a new form of participatory ecosystem that combines real-time content with a DeFi-based reward structure," and said, "It will provide revenue opportunities for both traders and creators."

Meanwhile, Hyperliquid is regarded as the largest decentralized exchange (DEX), holding about 38% of the on-chain perpetuals market share.

HYPE