How Rails Works
What Rails Does
Rails is a specialized analytics platform that makes DeFi activity easy to understand. We take complex blockchain data from protocols like Liquity V2 and transform it into clear, actionable insights.
Key Features
- Real-time tracking of Liquity V2 troves and transactions
- Rich transaction timelines with detailed explanations
- Ownership history and transfer tracking
- Comprehensive protocol analytics and statistics
- Multi-collateral support (ETH, wstETH, rETH)
The Rails Approach
1. Data Collection
We continuously monitor the Ethereum blockchain for Liquity V2 events. Every transaction, state change, and protocol interaction is captured in real-time.
2. Context Enrichment
Raw blockchain events are enriched with transaction context. We analyze why transfers happened, what operations triggered them, and how they affect protocol state.
3. Processing & Analysis
Our processors analyze complete transactions to understand complex operations like batch updates, interest rate changes, and liquidations.
4. User-Friendly Display
Processed data is transformed into intuitive visualizations, timelines, and explanations that make DeFi activity understandable at a glance.
Why Rails is Different
Complete Transaction Context
Unlike simple block explorers, Rails understands the complete context of each transaction. We show not just what happened, but why it happened and what it means.
Protocol-Specific Intelligence
Rails deeply understands Liquity V2's mechanics. We decode complex operations, calculate interest impacts, and explain protocol-specific events in plain language.
Real-Time Processing
Data is processed as it happens on-chain. You see your transactions and their effects immediately, with rich context and explanations.
Security & Privacy
- ✓Rails is read-only - we never ask for private keys or wallet connections
- ✓All data displayed is publicly available on the blockchain
- ✓We don't track users or store personal information
- ✓Open-source code available for review on GitHub