RailsPreview

DeFi Explorers

Explore any DeFi position, verified directly from the chain.

read-onlyno wallet connectionEthereum L1 and Base L2

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

Live position, shared with permission. View this position live

2,615,399positions across Ethereum L1 and Base L2 DeFi

1,206,732 open and 1,408,667 closed, replayed from chain events in each protocol’s own model of a position, across 1,602,459 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

Rails builds a read-only explorer for each DeFi protocol it covers. Look up any position — yours or anyone else’s — and see what it holds, what it owes, and everything that has ever happened to it.

Every number on the page traces back to the contracts it came from. Here is the path it travels:

  1. Ethereum / Base

    DeFi protocols run here as public contracts. Every deposit, loan and repayment is on the record.

  2. Historic events

    Rails reads every event in order and explains each in plain English.

  3. Live state

    Rails asks those same contracts what the position holds and owes today.

  4. Reconciled

    Lifetime totals are checked against live state. Anything that doesn’t reconcile is left out rather than guessed.

  5. On the page

    Every figure shows its source, so you can check it on a block explorer that isn’t ours.

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