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.
๐ By trading on Based, you farm points that qualify for its token airdrop.
๐ Bonus: you also stack 3 airdrops at once:
Why Blofin?
Youโll need a counterpart exchange to hedge positions.
Low funding fees (minimizes costs).
Good execution, close prices โ perfect for delta-neutral strategy.
Signup:
Based:
https://app.based.one/r/DEUSBASEDBlofin:
https://partner.blofin.com/Step 1 โ Deposit into Based
Go to โDepositโ (top right).
Choose Arbitrum network + deposit USDC.
Funds route to Hyperliquid โ ready to trade.
Step 2 โ 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 โ no market risk.
Only volume matters โ more points โ bigger airdrop.
โก๏ธ Tips:
Use liquid assets: BTC, ETH, DOGE, SOL.
Fast trades (5โ10 min).
High leverage = more points.
Example (DOGE at $0.19):
Based long TP โ $0.192 (+1%)
Blofin short TP โ $0.188 (โ1%)
Why This Works ?
This exact delta-neutral method delivered $33K+ in rewards on $ASTER โ without futures risk.
Now with Based, youโre farming three airdrops in parallel in one of the strongest narratives in crypto.