Track the Wallets That Matter, Without the Spam

On-chain data is public. That's the promise. The problem is that 'public' also means 'overwhelming.'

David Yenicelik

Founder

The noise problem

Every transfer, every swap, every bridge event — it’s all on-chain and visible. Block explorers will show you everything. Telegram bots will broadcast everything. The result is the same: you drown.

If you follow a few whale wallets, you get gas refills, dust movements, internal transfers. The material moves — the ones that actually mean something — are buried in the feed alongside everything else.

How most people do it today

You find a wallet address. Bookmark it in Etherscan or DeBank. Check it a few times a day. Or you subscribe to a Telegram bot that fires on every transaction above some threshold.

Neither approach works well. The explorer requires manual checking. The bot doesn’t differentiate between a $100k gas refill and a $100k strategic accumulation. Both show up the same way.

Arkham and Nansen offer better labeling, but the alert layer is still blunt. You get notifications, but they’re not filtered or routed in a way that matches your actual workflow.

Where Stingray fits today

Stingray’s first wallet-level monitoring is focused on Hyperliquid — tracking large position changes and liquidation events across the platform’s most active accounts. Rather than broadcasting every transaction, it filters for the moves that are actually significant: size, direction, and context.

You can also add wallet entities to your watchlists, keeping the addresses you care about organized alongside tokens and other entities in one place.

When an alert triggers, it goes to your Telegram DM rather than a firehose feed. The signal stays quiet until something worth seeing actually happens.

What comes next

General on-chain wallet monitoring — arbitrary addresses across Ethereum, Solana, and other chains — is on the roadmap but not shipped yet. We’re being deliberate about it. The worst version of wallet alerts is just another firehose. The version we want to build keeps the filtering and routing quality that makes Hyperliquid monitoring actually usable.

The principle underneath

The real insight from building this: nobody needs more data. Everyone needs better filtering and better delivery. A signal you can trust is worth more than a feed you’ve learned to ignore.

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