According to @jessepollak, Base is being built before any token exists, confirming there is currently no BASE token; source: X post by @jessepollak dated Oct 10, 2025. For traders, there is no BASE token to trade, so direct exposure routes are ETH, the native gas on Base, and ecosystem participation; source: Base documentation (ETH as gas) and the X post by @jessepollak. Base was incubated by Coinbase, meaning ecosystem growth can influence Coinbase-linked crypto activity and sentiment; source: Coinbase blog announcement of Base (Feb 2023).