Token Theses — why holders hold,
proven on-chain

What it shows

A thesis is a short opinion on a token, optionally tagged bullish or bearish. Only holders post theses: one of the author’s verified wallets bought the token and still holds it. Each thesis shows what the author bought and their live PnL now — or “Sold” once they exit.

Anyone signed in can reply, like and react with emojis. Reports and moderation are included. By default a token shows theses from all platforms, so there is content from day one; you can switch to theses from your own instance only.

How it works

Widget: paste two lines and design it in the dashboard — colors, font, radius, theme, sort and reach — with a live preview. Users signed in with CabalSpy ID write directly in the widget.

Your own UI: read theses for any token through the Data API, post from your own button in the user’s name (the user signs in with the thesis scope), and subscribe to the live theses stream for any number of tokens — for example to show thesis markers on your chart. The thesis.created webhook tells your backend about new theses.

Token theses are included on every plan, including Free. See pricing or try it live.

Supported chains: Solana, BNB Chain, Base, Ethereum and Robinhood Chain.

Quick start

Create a CabalSpy ID instance in the API dashboard (free plan, sandbox with test users), then:

<div data-csid-thesis data-client-id="csid_..."
     data-chain="solana" data-mint="..."></div>
<script src="https://id.cabalspy.xyz/widget.js" async></script>

const list = await csid.listTheses({ blockchain: 'solana', mint, sort: 'new' });
const counts = await csid.thesisSummary({ blockchain: 'solana', mint });  // theses, bull, bear, authors, token

const { can_post, reason } = await csid.thesisEligibility({ blockchain: 'solana', mint, csid_id: claims.sub });
if (can_post) {
  const t = await csid.postThesis({ blockchain: 'solana', mint, body: 'Accumulating here.', stance: 'bull', csid_id: claims.sub });
}

Who builds this

• Token pages in terminals and DEXs — a discussion of verified holders next to the chart
• Charts — thesis markers from the live theses stream
• Launchpads and communities — proof of skin in the game instead of anonymous shilling
• Any app with token pages — drop in the widget without building a UI

Go deeper

Related use cases