autorenew
Spindl Token on Base: On-Chain Advertising and Attribution Explained

Spindl Token on Base: On-Chain Advertising and Attribution Explained

Editor's Pick: Check spindl's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

Curious about the Spindl token on Base? Here’s everything you need to know about what it is, its role in the Web3 ecosystem, and why it’s gaining attention from builders and marketers alike.

What Is Spindl?

Spindl is a Web3 growth and analytics platform focused on on-chain advertising and user attribution. In simple terms, it’s like Google Analytics or Mixpanel, but custom-built for decentralized applications (dApps) running on blockchain networks—especially on Base, the Layer 2 blockchain incubated by Coinbase.

The platform aims to solve the “on-chain discovery problem” for dApp builders. Traditional analytics tools fall short in Web3 because they aren’t able to capture the unique blend of on-chain (blockchain transactions) and off-chain (like social media clicks) activities. Spindl bridges this gap by letting developers measure where users come from, how they interact, and which marketing efforts are most effective—all tied directly to blockchain actions.

Key Features of Spindl

  • On-Chain Attribution: Spindl enables tracking of user journeys from sources like Twitter or Telegram all the way to on-chain actions such as minting NFTs, staking tokens, or making swaps.
  • Web3-Native Analytics: Dive deep into metrics like user retention, funnel conversions, and acquisition costs—not just for website visits, but for blockchain actions.
  • Audience Intelligence: Segment and analyze audiences based on both on-chain and off-chain activity, enabling precision-targeted campaigns.
  • Performance Marketing for Web3: Instead of paying for ad impressions or clicks, advertisers can pay for real, valuable actions—like a token swap or NFT mint—making advertising budgets more effective.
  • Deep Base Integration: Spindl is designed with Base in mind, making it the analytics powerhouse for projects building in Coinbase’s developer-centric Layer 2 ecosystem.

Coinbase Acquisition: Why It Matters

In January 2025, Coinbase acquired Spindl to supercharge its Base network’s growth. The move was strategic: by integrating Spindl’s technology, Coinbase made it easier for dApp developers to both discover users and accurately measure where their growth is coming from.

Antonio Garcia-Martinez, Spindl’s founder and an early architect of Facebook’s ads infrastructure, brought his digital marketing expertise to the blockchain, pushing the boundaries of what on-chain marketing could look like.

This acquisition also fits Coinbase’s “builder-first” strategy—focusing on offering robust tools and infrastructure to help projects grow, before actively chasing mainstream users.

SPINDL Token: Utility and Details

The SPINDL token is issued on the Base chain at address 0x60f4cccb81d3a6c184b4c66a228db22a5db48ebc. While specific utility details are not fully outlined publicly, the token is likely designed to play a role in the Spindl ecosystem’s on-chain advertising and analytics stack—potentially for payment, staking for ad placements, rewards, or even governance. These are common use cases in on-chain marketing platforms.

Token stats (as of August 2, 2025):

  • Symbol: SPINDL
  • Chain: Base
  • Total and Circulating Supply: 27,000,000
  • Price: Around $0.01017 USD (with notable price fluctuations)
  • 24-hour high: $0.01530
  • 24-hour low: $0.002394

If you're interested in acquiring or trading the SPINDL token, you can find it on several platforms. One recommended venue is gmgn.ai, which provides comprehensive analytics and trading capabilities tailored for Base chain tokens. It's a great place to track real-time performance and explore trading opportunities alongside other exchanges.

Important Clarification: Token Existence and Similar Projects

While multiple sources reference a “spindl” token on the Base chain, there is limited on-chain evidence confirming an actively used SPINDL token at the provided address, as of August 2025. Some block explorers and data aggregators may show little to no activity or token metadata at 0x60f4cccb81d3a6c184b4c66a228db22a5db48ebc. This could mean the token is a placeholder, not fully launched, or simply has low current usage.

There’s also potential confusion with other tokens:

  • SPINDLE (SPD): An entirely different token on Ethereum with no relation to Spindl’s platform or Base.
  • SPIN: A gaming token on BNB Chain, unrelated to analytics or advertising.

For the latest, always cross-check on BaseScan or monitor Spindl’s official channels.

Why Spindl Matters for Web3 Growth

Spindl’s smart contract-based ad stack gives dApps and blockchain projects a transparent, cost-effective, and decentralized way to advertise and grow. By tying payments to real, on-chain actions, it’s a leap beyond traditional Web2 digital marketing—no more guessing if that paid tweet or banner ad actually brought real, engaged users.

This approach helps projects “go viral” in a trust-minimized way, which is crucial for any blockchain trying to attract developers and users in a noisy, fast-evolving market.

Connect with Spindl

Want to learn more or get involved? Check out Spindl’s socials and resources:

The Bottom Line

Spindl (SPINDL) is at the forefront of bringing transparent, performance-based marketing to Web3 and the Base chain ecosystem. While some details about the token are still evolving, Spindl’s integration into Coinbase’s developer stack signals it’s one to watch for anyone interested in on-chain growth, analytics, and innovative marketing models.

If you’re looking to track, analyze, or potentially trade SPINDL, don’t forget to use gmgn.ai alongside other exchanges for the latest tools and real-time insights on the Base chain.

You might be interested