
Based · 2026-11-05 13:00 UTC
Based X @LayerZero_Core Based is expanding and building on LayerZero ATLAS, a new engine for global markets built with deep, global liquidity for both open and institutional trading venues. ATLAS combines matching, clearing, settlement and risk in one unified stack, with 24/7 markets and instant settlement. It runs on LayerZero’s Zero blockchain, with initial capacity of more than 250,000 TPS and sub-millisecond median latency. Based is the second largest wallet on Hyperliquid by volume. More than 45,000 active addresses transact through Based, and our platform has processed over $50 billion in volume on Hyperliquid to date. Our mission is to give traders the best possible trading experience. Building on LayerZero ATLAS brings Based users competitive fees, high performance and access to global markets 24/7, and opens Based to high-volume traders and institutions. Zero mainnet and LayerZero ATLAS are scheduled to go live on 30 November 2026. Trading powered by LayerZero ATLAS will be available in the Based mobile app and web terminal from launch. We are excited to build alongside LayerZero and the institutions backing Zero, including Tether, Depository Trust & Clearing Corporation (DTCC), Citadel Securities and ARK Invest. More details will follow ahead of launch.
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