The perpetual futures track has been active recently. Lighter and Vooi have successively reached TGE milestones, and another competitor in the same track, BasedOne, is also expected to announce something around next month according to the schedule.
It is worth noting that BasedOne has performed well in ecosystem development during this period. It has officially become the top builder in the Hyperliquid ecosystem, indicating its importance within this mainstream ecosystem. Interestingly, when viewed through prediction markets like Polymarket, BasedOne also ranks first in active users.
Considering the track's popularity and ecosystem contribution, there should be many highlights next month.
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TradFiRefugee
· 2025-12-21 06:20
BasedOne indeed has something going on, the first Builder of the Hyperliquid ecosystem is no joke.
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However, this wave of ecological construction before the TGE is just a routine operation, let’s see how it performs next month.
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The perpetual futures market is a bit crowded right now, with Lighter, Vooi, and BasedOne taking turns to strike.
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The data on active users needs to be verified; sometimes the rankings in the prediction market can be quite superficial.
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If BasedOne can really make a breakthrough next month, it will be quite interesting, but it’s too early to say now.
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Sitting at Top 1 is indeed a signal, but I don’t know how long it can be maintained.
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GhostWalletSleuth
· 2025-12-20 21:32
BasedOne is quite impressive this time. The number one builder in the Hyperliquid ecosystem, and Polymarket also has the most active users. This data isn't bragging, right?
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NervousFingers
· 2025-12-20 20:49
BasedOne's recent groundwork is indeed impressive, and Hyperliquid's ecosystem is quite strong at number one.
Lighter and Vooi have both gained traction, and BasedOne's TGE should be around the corner next month.
Polymarket being the most active user platform? That data is quite solid, how did they achieve that?
The perpetual futures track is heating up, let's see who can last until the end.
Honestly, compared to issuing tokens, I care more about the real user base of these projects. In simple terms, are there people actually using them?
It feels like there will be many industry highlights next month, but is it just another hype cycle?
Top 1 Builder doesn't necessarily mean the most profitable; it depends on real financial data.
Perpetual futures are indeed a competitive area, with three projects clustered together. How they will differentiate in the end is still uncertain.
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HorizonHunter
· 2025-12-20 00:52
BasedOne is indeed impressive this time; the Hyperliquid ecosystem's number one builder is really not just talk.
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Honestly, perpetual futures are now highly competitive, but BasedOne having the most active users is quite interesting.
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TGE next month? I bet five bucks it will be postponed.
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Is Polymarket's number one active user count based on data or real? I always feel these rankings are a bit questionable.
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Wait, is BasedOne really top 1? I just found out; I’ve been paying attention to it recently.
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With so many players competing in the perpetual futures track, in the end, it still comes down to ecosystem recognition. BasedOne's move is quite good.
View OriginalReply0
ProveMyZK
· 2025-12-18 06:50
BasedOne's ecosystem position is really solid this time. Hyperliquid is still Top 1, and Polymarket is also the most active... Next month’s TGE might have to be a big move.
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TokenTaxonomist
· 2025-12-18 06:48
ok so let me pull up my spreadsheet here... hyperliquid top 1 builder status is statistically speaking just correlation not causation? polymarket rankings mean absolutely nothing without adjusting for wash trading variables, data suggests otherwise fr
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ForkYouPayMe
· 2025-12-18 06:30
BasedOne, this data is a bit outrageous. Hyperliquid ecosystem's top builder and Polymarket's most active users? If next month's TGE underperforms, I'll just laugh to death.
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BlockchainTalker
· 2025-12-18 06:30
actually, if we look at this through the lens of ecosystem game theory... BasedOne's #1 builder status on Hyperliquid isn't just a vanity metric—it's empirically signaling real user retention. the Polymarket data adds another layer tho. TL;DR: next month's gonna be wild if they execute.
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StablecoinArbitrageur
· 2025-12-18 06:20
alright so basedone actually sitting top 1 on hyperliquid... metrics check out tho. those polymarket numbers don't lie
The perpetual futures track has been active recently. Lighter and Vooi have successively reached TGE milestones, and another competitor in the same track, BasedOne, is also expected to announce something around next month according to the schedule.
It is worth noting that BasedOne has performed well in ecosystem development during this period. It has officially become the top builder in the Hyperliquid ecosystem, indicating its importance within this mainstream ecosystem. Interestingly, when viewed through prediction markets like Polymarket, BasedOne also ranks first in active users.
Considering the track's popularity and ecosystem contribution, there should be many highlights next month.