Compare BasedApp and USDT0 on TVL, fees, revenue and activity to understand how these projects stack up.
BasedApp is an omnichannel crypto trading and spending platform built on Hyperliquid, the leading decentralized exchange offering best-in-class liquidity. It enables users to trade spot and leveraged crypto assets with real-time settlement on decentralized order books, while maintaining full self-custody — BasedApp never holds or transfers your funds. The platform also integrates smooth banking on- and off-ramps in USD and SGD, alongside a Visa card for everyday crypto spending. Backed by Ethena Labs, BasedApp bridges DeFi performance with fintech usability, giving traders and investors a seamless way to manage, trade, and spend their assets across the Hyperliquid and HyperEVM ecosystems.
USDT0 is the wrapped form of Tether issued by the cross‑chain router LayerZero to enable omnichain fungibility between Ethereum, Arbitrum, Optimism and BSC. The 0‑suffix indicates that redemptions are only possible through the canonical bridge rather than via Tether Treasury. The token carries a 0.1 % mint fee that is burned to offset bridge security costs.