How to Farm the $BASED Airdrop with Based + Blofin

Perpetual futures DEXs have quickly become one of the hottest narratives in crypto


Right now, the top opportunity is BASED.

What is Based?

Built on Hyperliquid, the fastest-growing decentralized futures ecosystem.

All liquidity + execution rely on Hyperliquid, but Based improves UX and adds extra services.

Still early: ~20K users, but already $550K+ in daily revenue.

Perfect setup: few users, high revenue, and an upcoming airdrop with serious upside.

👉 By trading on Based, you farm points that qualify for its token airdrop.
👉 Bonus: you also stack 3 airdrops at once:


Why Blofin?

You’ll need a counterpart exchange to hedge positions.

Low funding fees (minimizes costs).

Good execution, close prices → perfect for delta-neutral strategy.

Signup:

Based: https://app.based.one/r/DEUSBASED

Blofin: https://partner.blofin.com/

Step 1 – Deposit into Based

Go to “Deposit” (top right).

Choose Arbitrum network + deposit USDC.

Funds route to Hyperliquid → ready to trade.


Step 2 – Delta-Neutral Strategy (No Risk Farming)

Goal: generate max volume, not win trades.

Open a long on Based (with leverage).

Open an equal-size short on Blofin.

Positions cancel each other out → no market risk.

Only volume matters → more points → bigger airdrop.

⚡️ Tips:

Use liquid assets: BTC, ETH, DOGE, SOL.

Fast trades (5–10 min).

High leverage = more points.

Example (DOGE at $0.19):

Based long TP → $0.192 (+1%)

Blofin short TP → $0.188 (–1%)


Why This Works ?

This exact delta-neutral method delivered $33K+ in rewards on $ASTER — without futures risk.
Now with Based, you’re farming three airdrops in parallel in one of the strongest narratives in crypto.