Rails

DeFi Explorers

Explore any DeFi position, verified directly from the chain.

read-onlyno wallet connectionEthereum L1

rails.finance/liquity-v2/trove/WETH/10220154LIVE
View live position

Live position, shared with permission. View this position live

831,310positions across Ethereum L1 DeFi

452,452 open and 378,858 closed, replayed from chain events in each protocol’s own model of a position, across 528,257 wallets reaching back to May 7, 2019.

DeFi for everyone

The DeFi Curious

Learn by example. Browse real protocol activity to see how DeFi works in practice — no capital required. Explore the ecosystem, follow live events as they happen, and build intuition for how positions behave before you commit any of your own money.

The Active DeFi User

Stay on top of positions. Monitor collateral ratios, redemption exposure, yield earned, and liquidation risk — translated into plain language, computed straight from the chain rather than taken on faith from a dashboard. Know exactly where you stand.

DeFi Teams

Support your users. Give your users a dedicated, verifiable window into their positions — one that holds up even where your own frontend can't reach. A Rails integration means full coverage for your protocol, and real answers for your users, not confusion.

Crisis Support

When frontends fail. DNS hijacks. Frontend outages. Contract exploits. The health factor you check on a protocol's own site lives on the chain, not on their servers — so when the usual interface goes dark, Rails still shows exactly where your position stands. No wallet, no exposure.

What Rails Does

History is indexed event by event; current state is re-read from the protocol’s own contracts. The two are merged for the position page — the live read carries the current state, and a lifetime figure that doesn’t reconcile with it is withheld rather than estimated.

  1. The chain

    Protocol contracts on Ethereum.

  2. Indexed history

    Every event, in order — each with a plain-language explainer.

  3. Live chain-truth

    The same contracts re-read at the chain head.

  4. Reconciled

    Live read and indexed history merged.

  5. Rails frontend

    Provenance behind every position figure.

Team

Miles

Miles

Designer

@milesessex

Product designer with 20+ years experience. Focused on creating intuitive interfaces for complex financial data.

Slava

Slava

Developer

@slvdev

Web3 developer with expertise in Rust and Solidity. Focused on building infrastructure that makes DeFi accessible.

Get in touch

Rails is open infrastructure for DeFi. Built as a public good. If you're a protocol team or a funder, we'd love to hear from you.

Telegram: @railsfinance