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Wallet Labels
Wallet Labels provide valuable context and clarity to blockchain addresses, enhancing the readability and understanding of onchain data. Labels help you understand your users so you can create granular segments to target qualified users in your Ideal Customer Profile (ICP.)

List of Labels

Each tracked user on Formo is assigned labels based on their onchain activity and other data.

User lifecycle labels

LabelDescription
New UserNumber of sessions = 1
Returning UserNumber of sessions > 1 and < 10
Power UserNumber of sessions > 10

Attestations

LabelDescription
Sanctioned UserOFAC-sanction status and designations
Human Passport Unique Humanity ScoreHuman Passport score (0-100)
Human Passport Aggregate Model ScoreAggregate unique humanity score for EVM wallets (0-100)
Coinbase Verified AccountCoinbase verified account attestations
Coinbase Verified CountryCoinbase verified country attestations with country code extraction
Coinbase OneCoinbase One subscription attestations

Behavioural labels

More wallet labels will be available:
LabelDescription
DeFi ActiveUsers with significant DeFi protocol activity
Perp TraderUsers of perpetual derivatives exchanges
Yield Asset HolderUsers with significant fixed yield holdings
RWA HolderUsers with high-value RWA holdings
ETH StakerUsers who stake ETH in staking protocols
In development. Reach out to let us know what you’d like to see.

How to use labels for targeting

Wallet labels turn anonymous addresses into actionable user profiles. This guide shows you how to use labels to identify and target specific user types.

How labels work

Formo automatically analyzes each wallet’s onchain activity and assigns relevant labels. Labels update as users’ behavior changes. Label sources:
  • Onchain activity - Protocols used, tokens held, transaction patterns
  • Attestations - Verified credentials from Coinbase, Gitcoin Passport, etc.
  • App behavior - Session count, engagement patterns on your app

Step 1: View labels on a user profile

  1. Go to Users and click any wallet address
  2. Scroll to the Labels section
  3. See all labels assigned to this user
Labels appear as tags you can click to filter by.

Step 2: Filter users by label

Use labels to find specific user types:
  1. Go to Users or Audience Insights
  2. Click Add Filter
  3. Select Label as the filter type
  4. Choose the label(s) you want
Example filters:
GoalLabel Filter
Find DeFi power usersLabel = “DeFi Active” AND Label = “Power User”
Find verified humansHuman Passport Score > 50
Exclude sanctioned walletsLabel != “Sanctioned User”
Find Coinbase usersLabel = “Coinbase Verified Account”

Step 3: Combine labels with other filters

Labels become powerful when combined with other criteria: High-value DeFi users:
FilterValue
LabelDeFi Active
Net Worth> $50,000
LifecyclePower User
Verified users from campaigns:
FilterValue
LabelCoinbase Verified Account
UTM Sourcetwitter
First SeenLast 30 days
At-risk whales:
FilterValue
LabelETH Staker
Net Worth> $100,000
LifecycleChurned

Step 4: Save as a segment

Turn useful label combinations into reusable segments:
  1. Apply your label + other filters
  2. Click Save as Segment
  3. Name it descriptively (e.g., “Verified DeFi Whales”)
  4. Use the segment for analysis, exports, or alerts

Common targeting strategies

Identify your ICP (Ideal Customer Profile):
  1. Look at your best users (highest volume, most active)
  2. Check which labels they share
  3. Create a segment with those labels
  4. Use it to find similar users
Compliance filtering:
  1. Filter by Label != “Sanctioned User”
  2. Add Human Passport Score > 20 for sybil resistance
  3. Export clean lists for marketing or rewards
Quality scoring:
  1. Combine multiple positive labels (DeFi Active + Power User + Coinbase Verified)
  2. Users matching more labels = higher quality
  3. Prioritize multi-label users for outreach
Competitive targeting:
  1. Use Apps filter to find users of competitor protocols
  2. Combine with labels showing high engagement
  3. Target these users with differentiated messaging

Label-based alerting

Set up alerts based on labels:
  1. Go to Settings > Alerts
  2. Create an alert for connect events
  3. Add condition: Label = “DeFi Active” AND Net Worth > $100,000
  4. Get notified when high-value DeFi users connect

Next Steps