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On the other hand, as a community-first project, real metrics like user retention rate matters to us - it gives us valuable information about the effectiveness of our features.
Very importantly as well, it gives us confirmation that traders love what we are doing which is our key metric for success. Check out our high 70% retention rate!
Credits:
30.7.2025
Sybils hunted.
BasedApp is not a VC slop company, and we are community-first. While we have raised funds before, it was needed to get the necessary licenses to operate our business. Since then, BasedApp has been a profitable company - This is the reason why we are not optimising for vanity metrics such as User growth rate. We have no need to get sexy numbers to raise any more funds, thus cannibalising our real users.
So far, of the newly created 4k trading accounts under BasedApp (in 3 weeks), over 2000 have been identified to be sybils already.
Don't bother sybil farming BasedApp, because we don't need you to give us vanity metrics, we are more than willing to delete more than half of our trading accounts. Please farm elsewhere, don't waste your time, don't waste ours. All of our future airdrops are catered specifically only to true BasedApp users who believe.
That said, our current hyper accelerated growth rate is real, powered by real on-chain users.
Check us out:
Stay Based.
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