The crypto ecosystem continues to evolve with the arrival of a groundbreaking initiative. Hyperliquid, a leading decentralized exchange (DEX) known for its perpetual markets, has unveiled Based Streams, a blockchain-powered live-streaming platform that merges digital entertainment with decentralized finance (DeFi). The project aims to give creators full ownership of their earnings while engaging audiences through tokenized interaction and transparent rewards.
Officially launched at 12:30 UTC, Based Streams introduces a new dimension to Web3 interaction. The platform enables creators to broadcast live, overlay their real-time trades from Hyperliquid, engage with audiences through chat, and receive on-chain donations seamlessly.
Unlike traditional streaming services, there’s no central entity controlling payouts or ad revenue. All transactions run through Hypercore, Hyperliquid’s financial protocol, which processes token transfers securely and transparently on-chain.
Where trading meets streaming in a decentralized world
A unique feature of the platform is its viewer rewards system. Users earn “Based Gold”, a native incentive token, by simply watching live content or interacting with creators. This system is designed to foster a more participatory and self-sustaining ecosystem that directly connects viewers, traders, and streamers in one economic loop.
Beyond the technological innovation, Based Streams represents a philosophical shift — one that challenges centralized streaming models dominated by high fees and opaque algorithms.
By leveraging decentralized architecture, creators can retain 100 % of their revenue, choose which assets to accept, and track every transaction on the blockchain for full transparency.
Analysts describe the initiative as a bold experiment that could inaugurate a new era of social-DeFi, blending financial tools with live community interaction.
If successful, Based Streams could inspire a wave of next-generation Web3 content platforms that eliminate intermediaries, reward engagement natively, and redefine what creator economy means in a decentralized internet.
