Hey there, crypto enthusiasts! If you’ve been keeping an eye on the decentralized finance (DeFi) space, you’ve probably heard of DeFiLlama, the go-to platform for tracking total value locked (TVL) and other key metrics. On August 6, 2025, they dropped some exciting news that’s got the community buzzing. They’ve started tracking BasedApp, a versatile crypto platform, on their Perps Volume Dashboard. Let’s break it down and see what this means for you!

What’s the Big Deal with BasedApp and DeFiLlama?

For those new to the scene, BasedApp is a platform that lets you buy, sell, and even spend crypto, all powered by Hyperliquid, a high-performance blockchain known for its innovative decentralized exchange (DEX) model. DeFiLlama, on the other hand, is like the librarian of DeFi data—keeping everything organized and transparent without the clutter of ads.

The latest update means DeFiLlama is now monitoring BasedApp’s perpetual futures (or “perps”) trading volume, which is a big deal for traders. Perpetual futures are contracts that let you bet on the price of crypto without owning the asset, and they’re super popular in the DeFi world. The dashboard, as seen in the tweet, shows a neat graph with orange bars tracking this volume over time—hinting at some serious activity!

Digging into the Data

The image shared by DeFiLlama gives us a sneak peek at the numbers. BasedApp’s key metrics include:

• Fees (Annualized): $2.92 million
• Revenue (Annualized): $2.92 million
• Volume 30d: $41.84 million
• Perp Volume 7d: $41.84 million
• Perp Volume 24h: $8.42 million
• Cumulative Perp Volume: $41.84 million

The graph itself shows a spike in trading volume, especially toward the end of July and into early August 2025. This suggests that BasedApp is gaining traction, possibly due to its integration with Hyperliquid’s zero-gas-fee model and on-chain order book. For meme token fans, this could be a signal to watch—higher volumes often mean more liquidity and opportunities!

Why Should Meme Token Lovers Care?

At Meme Insider, we’re all about spotting trends that could impact meme tokens and the broader blockchain space. BasedApp’s ability to let users spend crypto via a Visa card is a game-changer. Imagine using your favorite meme token profits to grab a coffee—pretty cool, right? As more people use BasedApp, it could drive demand for tokens listed on Hyperliquid, including those quirky meme coins we love.

Plus, with DeFiLlama’s tracking, you’ll get real-time insights into how these volumes shift. This is gold for anyone looking to dive into trading or just stay ahead of the curve.

What’s Next for BasedApp and Hyperliquid?

The integration with DeFiLlama is just the beginning. Hyperliquid’s custom L1 blockchain and features like copy trading vaults and a clearinghouse make it a standout in the DeFi ecosystem. As BasedApp grows, we might see more meme tokens popping up on its platform, especially if the community keeps the momentum going.

The tweet’s replies are a fun mix too—some users are joking about buying “shitcoins,” while others are hyped about the update. It’s clear this move has sparked curiosity and excitement, which is always a good sign in the crypto world.

Final Thoughts

DeFiLlama adding BasedApp to its Perps Volume Dashboard is a win for transparency and a boost for Hyperliquid’s ecosystem. Whether you’re a seasoned trader or a meme token newbie, keeping an eye on this dashboard could give you an edge. So, why not check it out yourself? Head over to DeFiLlama’s Perps Volume page and see how BasedApp’s numbers stack up.

Got questions or want to share your thoughts? Drop a comment below—we’d love to hear from you! And don’t forget to follow Meme Insider for more updates on the wild world of meme tokens and DeFi.