Quick take

BaseState (contract: 0xf484bf810c872fff388509e6b60d4fc991d42be3) is a very new token on the Base Chain and currently trades as a BaseState/WETH pair on Uniswap. There’s no verified website, whitepaper, or clear utility beyond speculative trading. Early security checks are mixed: Go+ Security and Quick Intel reported “No issues,” but Honeypot.is flagged “1 issue.” Until more clarity emerges, treat this as high-risk and proceed cautiously.

What is BaseState?

• A newly launched token on Base (Coinbase-incubated Layer 2 built to scale Ethereum with lower fees and faster transactions).
• No official site, docs, or team presence found. The footprint is mainly its DEX listing and trading data.
• Appears to be purely speculative at this stage, with no stated use case (e.g., DeFi, NFTs, gaming, or AI integrations).

Trading snapshot (as observed)

These metrics were pulled from DEX trackers near the token’s launch and can change rapidly:

• Price (USD): ~$0.0₄5006
• Price (WETH): ~0.071318 WETH
• Liquidity: ~$120,000
• FDV/Market Cap: ~$150,000
• Volume: ~$50,000 across 51 txns
• Buyer vs. seller balance: ~$43,000 buy volume vs. ~$6,500 sell volume
• Pooled liquidity: 1.65B BaseState ($82,000) and 9.82 WETH ($37,000)
• Pair creation: Noted as “3m ago” at time of indexing, which signals a very fresh market.

If you’re tracking or trading this pair, consider live views on Uniswap and analytics platforms such as DEX Screener. For a consolidated trading and research experience, you can also use GMGN.AI’s BaseState page.

Security checks and why they matter

• Go+ Security: “No issues”
• Quick Intel: “No issues”
• Honeypot.is: “1 issue” (red flag)
• Token Sniffer: Pending at the time of research

What’s a “honeypot”? It’s a malicious design where you can buy but can’t sell, trapping funds. A single “issue” from Honeypot.is doesn’t prove wrongdoing, but it’s a serious warning sign. Always test small trades first, confirm sellability, and inspect contract permissions.

Key risks to keep in mind

• No public team or roadmap: Without docs or a verified website, accountability is low.
• Contract-level traps: Honeypot-style behavior, hidden taxes, or blacklist functions can exist in memecoins.
• Liquidity risks: If liquidity is not locked or is controlled by one entity, the pool can be pulled (rug risk).
• New market volatility: Fresh pairs often see extreme price swings and thin order books.

How to DYOR (do your own research)

• Verify the contract: Double-check the address (0xf484bf810c872fff388509e6b60d4fc991d42be3) and inspect it on a block explorer for Base (e.g., BaseScan).
• Ownership and permissions: Look for owner privileges (mint, pause, blacklist), max transaction limits, and transfer taxes.
• Liquidity health:
  • Is liquidity locked? For how long?
  • Who holds LP tokens?
  • How concentrated are top holders?
• Test trading behavior:
  • Try a tiny buy and sell to confirm you can exit.
  • Watch slippage and any unexpected transfer fees.
• Cross-check multiple tools:
  • Security scanners (Go+, Quick Intel, Honeypot.is, Token Sniffer) for red flags.
  • DEX analytics (DEX Screener) for volume, liquidity, and price action.
  • Trading dashboards like GMGN.AI to track smart money flows and real-time alerts.

Where to trade and track BaseState

• Uniswap (DEX): The BaseState/WETH pair lives on Uniswap within the Base ecosystem.
• GMGN.AI: Check live performance, smart money activity, and risk signals on GMGN.AI’s dedicated BaseState page.

Note: Trading on new, undocumented tokens is inherently risky. Use small position sizes, set clear stop-loss rules, and avoid chasing candles during illiquid periods.

Final thoughts

BaseState is the definition of “early and uncertain.” The lack of a website or stated utility, combined with a honeypot warning, means this token requires extra caution. If you choose to engage, confirm sellability, vet contract permissions, and keep risk tight. Tools like Uniswap for execution and GMGN.AI for analytics can help you make faster, more informed decisions—but they don’t eliminate risk. Stay vigilant and only invest what you can afford to lose.