According to @adriannewman21, BasedOneX is currently generating about $20 million in annualized revenue, disclosed in a post on X dated Sep 6, 2025, source: @adriannewman21 on X. He added that BasedOneX is his only Hyperliquid exposure, indicating concentrated positioning within the Hyperliquid ecosystem, source: @adriannewman21 on X. For traders, this $20 million revenue run rate offers a concrete cash-flow datapoint to benchmark valuation and to monitor subsequent revenue updates from BasedOneX as a signal for Hyperliquid-related flows, source: @adriannewman21 on X.