Based Streams Launches on Hyperliquid Platform: Decentralized Live Streaming Takes Center Stage

Based Streams, a blockchain-powered live streaming platform backed by Ethena Labs, has launched its operations on the Hyperliquid network. The platform offers decentralized video broadcasting with on-chain payments using HYPE tokens, aiming to disrupt traditional streaming models and empower creators with direct monetization methods. Launched on October 10th, 2025, this launch marks a shift towards fully decentralized content delivery and rewards.