Hyperliquid-based Web3 super-app Based raises $11.5M

Based, a Web3 super-app built on Hyperliquid (HYPE), has raised $11.5 million in a Series A funding round led by Pantera Capital, The Block reported. Coinbase Ventures and Wintermute Ventures also participated in the round. The funds will be used to expand its AI-based, agent-driven commerce business.