Track Onchain Activity In Real-Time Across All Supported Chains!

Track Onchain Activity In Real-Time Across All Supported Chains!

Smart Alerts enable you to monitor any type of onchain activity and more across all the chains we support. Discover what they are and how to use them with many different examples.

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Smart Alerts allow you to monitor any address or group of addresses, custom labels, smart contracts, or specific activity related to any Nansen dashboard, like Signals, across Telegram, Discord, or Slack in real-time to keep you informed about what’s happening onchain. 

Previously, Smart Alerts were exclusive to Ethereum, and we know that many of you wanted to see more chains. Today, we’re excited to announce that this much-loved feature has gone multichain across 12 different chains!

The chains supported are Ethereum, Polygon, BNB, Arbitrum, Avalanche, Fantom, Base, Linea, Blast, Optimism, Mantle, and ZKsync. When we integrate new chains within Nansen, Smart Alerts will be supported.

In this blog post, we’ll explain what Smart Alerts are and how they give you an edge in today’s noisy world.

What Are Smart Alerts?

Smart Alerts enable real-time alerts for specific onchain activity you want to track on Telegram, Discord, or Slack. This can range from monitoring a specific address to exchange flows or even Signals. They’re fully customizable and essential for discovering the signal from the noise. 

So, let’s go through the various types of Smart Alerts you can create, with some examples to help give you an idea of what’s possible!

The Different Types of Smart Alerts

Currently, we offer a range of Smart Alerts that are suited for different use cases and with varying levels of customization to personalize your experience. 

We’ll start with the most popular types and work down the list!

Token and NFT Transfer

Token Transfer is the simplest form of Smart Alert, and depending on your use case, it allows you to monitor token transfers between addresses, entities, Nansen Labels, custom labels, or custom segments. This will enable you to see what an address is doing in real-time, whether trading tokens, moving funds to a different address, or identifying trends early. 

To ensure that your Smart Alert offers the most value, you can apply filters like a minimum or maximum value, a specific token or tokens, or exclusionary criteria to reduce the noise with your alerts. This curation means you get alerted to the information that matters the most to you! 

Token Transfer Smart Alert Examples

Here are a few examples to help you understand how to use Token Transfer Smart Alerts.

We’ll start with a simple example: We only want to track Smart Money Funds, as they are the most profitable Funds Nansen has labeled across all 12 chains.

We want to create this alert to see what these funds do in real-time and understand market trends. To reduce the noise of this alert, we set a minimum value for the transfers of $500,000. We’re doing this because we want to see their largest positions, but you can change this to whatever you like.

Creating a Smart Alert to monitor Smart Money Funds

You don’t need to set anything for “To,” as we want to see the activity coming from the Smart Money Funds. We haven’t included tokens as we want to keep this broad. To be more specific, you can add a token or tokens to this alert.

That’s a basic example of using Token Transfer Smart Alerts. Let’s show you the other side of what you can do. For this example, we want to track a specific custom label on specific chains we’re interested in.

One of the ways you can make Nansen work for you is with Custom Labels. You can add a Custom Label to any address to provide more context or information about them. If you discover addresses that are profitable trading memecoins, you may give those specific addresses a “profitable memecoin trader” label. But what do we do from here?

Leveraging Smart Alerts, we can create a Smart Alert for all these addresses that you have labeled as “profitable memecoin trader” by using “From Custom Label” and then entering the Custom Label. To make this Alert more valuable, we may believe that memecoins on Blast, Base, Arbitrum, and Ethereum are the ones where there’s “alpha,” so we can select those chains. This means we will exclusively see Alerts on those chains on Telegram, Discord, or Slack for onchain activity. We’ll set a minimum amount of $1,000 to reduce the noise further. When we complete the Smart Alert, we can identify moves made by these addresses that we’ve given a Custom Label to see what they do in real time. 

Creating a Smart Alert for Custom Labelled wallets on selected chains.

While we covered tokens as the primary use case for this Smart Alert, you can replicate the same type of alerts for NFTs by selecting “NFT Transfer” instead of “Token Transfer.” 

Smart Money Token Flows

Smart Money are highly actionable addresses that are often the best at what they do onchain or are a large institution or fund. That’s why we created the Smart Money Token Inflow Smart Alert. This alert allows you to see what tokens are flowing in and out of Smart Money wallets based on criteria that you set. 

Smart Money Token Flow Smart Alert Examples

This type of Smart Alert is very simple to create as it focuses on just Smart Money Token Flows. 

In our first example, we’ll look at a generalized Smart Money Token Flow. We do this to see what Smart Money addresses are doing in real time across all the chains Nansen supports.

Within this Alert, we only care for tokens with a market cap of more than $10m and below $250m, with a minimum inflow in 1 day of $10k, as we want to use this Smart Alert for token discovery. To make the Smart Alert more valuable, we’ll also set the “Max Token Age” criteria to 365 days to exclude older tokens. What we can also do is exclude stablecoins and native tokens. 

We now have a Smart Alert that will show us all the Smart Money Flow for tokens between this range. This may show addresses buying, selling, or moving funds to other addresses, which you can use as a basis for your onchain research. 

Creating a Smart Alert for Smart Money Flow for mid cap tokens.

Let’s go one step further. In our second example, we want to know what Smart Money is doing with tokens we have added to our watchlist. These tokens may be ones that you hold in your portfolio. The goal here is to discover what Smart Money is doing with tokens you hold as a way to defend your portfolio.

Smart Alerts don’t just have to be used for discovery; they can also be used to defend your portfolio. If Smart Money is selling tokens that you hold, there may be an event that you are unaware of, and you may need to act quickly. 

To create this type of Smart Alert, we leave the Token Age blank and select a minimum flow over in 1 day, for this example, say $150k – this should vary based on the tokens you hold in your portfolio; the more liquid they are, the higher the number. 

Creating a Smart Alert for Watchlist tokens as a way to defend your portfolio.

You now have a framework for a Smart Alert that enables you to monitor Smart Money activity with your tokens. You can adjust this to work for you!

Token and NFT Signals

Signals are a relatively new feature for Nansen, yet they have become one of the most popular. They work by surfacing extraordinary onchain activity, which is a great place to dive into Nansen and uncover more context behind why the Signal was triggered. 

There are a wide variety of Signals that we offer:

  • CEX Token Flow: Discover if a token(s) sees large inflows or outflows to Centralized Exchanges like Coinbase or Binance. This can often be used to refer to buying and selling activity.
  • DEX Token Flow: Discover if a token(s) sees large inflows or outflows to Decentralized Exchanges like Uniswap. This can often be used to refer to buying and selling activity.
  • Fresh Wallet Flow: Learn about new wallets acquiring tokens. These may be larger entities attempting to hide their activity. 
  • Smart Money Token Flow: Surface Smart Money inflow and outflow.
  • Top Balance Change: Find out if the top wallets for a token are buying or selling. 

Each Signal has a different purpose, and we support them across all the networks in Nansen. This article won’t go in-depth about them, but we will run through some examples of Token and NFT Signals to demonstrate their value. 

Token and NFT Signals Examples

With this type of Smart Alert, you select the type of Signal you want to track, the networks, and any tokens you want to be notified about. It’s straightforward to use, so this may be the best place to start with Smart Alerts.

In our first example, we will create a Smart Alert that shows us all Signals on a specific chain that we’re interested in. We do this because we want to discover interesting onchain activity for a chain that we like.

To do this, we’ll select a chain, and for the purpose of this example, we will choose “Arbitrum” and then “All Signals.” Complete the rest of the flow, and you’re done. It really is that simple. You’re now surfacing all the extraordinary activity on Arbitrum!

Creating a Smart Alert on Arbitrum to surface all the extraordinary activity with Signals.

For our second example, we will create a Smart Alert that covers tokens in which we may want to make a position in, but the tokens aren’t listed on a Centralized Exchange. We do this because we haven’t made a position yet and want to discover an opportunity to do so. 

As the tokens we’re interested in aren’t listed on a Centralized Exchange, we want to select “DEX Token Flow” as the Signal type. When there is inflow, that often implies selling; when there is outflow, that often implies buying. As we have researched in advance, these tokens have an ideal price target for where we want to buy. We want to use this Smart Alert to spot large inflows so that we can “Buy the dip,” as the saying goes.

Creating a Smart Alert to monitor DEX flow for specific tokens across different networks.

The tokens included in this example have been randomly selected and should not be seen as an endorsement. Smart Alerts enable you to monitor onchain activity in real time and may be part of your more comprehensive research before making a data-driven investment decision.

Exchange Flows

As the name implies, Exchange Flows cover token inflow and outflow from exchanges. You may want to track this to understand onchain activity for a token you’re interested in or discover opportunities to long or short a token.

We briefly covered Exchange Flows in a past section, but in short, inflow often implies selling, and outflow often implies that an address has just bought the tokens.

This isn’t always guaranteed, as an actor, like a large fund, may be trying to spoof the market by sending funds to an exchange or moving funds to a different address, so further research is always needed.

Exchange Flow Smart Alert Examples

We’ll only run through one example for Exchange Flow Smart Alerts by focusing on opportunities to potentially go long or short on the market based on Exchange Inflow. Again, this shouldn’t be seen as the only indicator. Instead, Smart Alerts are a starting point for your research before making any moves. We want to find extreme outliers for inflow or outflow so that we can benefit from exchange inflow.

To do this, we’ll leave Token Age blank as we don’t have a preference but send the minimum flow to $100k over the last day with a max Market Cap of $300m. You can adjust this based on your preferences. The higher a token's Market Cap or liquidity, the higher you may need to set the inflow over the hour. 

When we receive alerts, we can use them to discover large inflows or outflows happening in real-time. This lets us dive deeper into the data to see who may have caused this and why. 

Creating a smart Alert to monitor exteme Exchange flows across different tokens.

Smart Contract Call And Smart Alert Example

Smart Contract Calls are one of our more advanced Smart Alert types designed for users who want to track particular activity, often to defend their portfolio as they have a large amount of funds within a smart contract. By setting an alert for a smart contract, you can monitor activity if unusual activity or transactions are happening that may indicate a security breach or exploit. By spotting this activity early, you can move quickly with little impact. 

For this example, you have funds in a liquidity pool using stablecoins and want to monitor large withdrawals in the event of a de-pegging event—when the price of the token deviates from its intended price, in this example, either above or below $1—thus what we need to do is create a Smart Alert for that specific pool. We do this to defend our portfolio by monitoring unusual activity with a liquidity pool where we have placed our stablecoins.

Creating the Smart Alert is simple. You enter the Smart Contract address within “Smart Contract” and then set a value quantifying large or unusual transactions. We may set this as $50m for stablecoins, but we can vary this on a case-by-case basis. Now, we will be notified for transactions over $50m and can monitor token flow into this liquidity pool. 

Creating a Smart Alert for a Smart Contract by pasting the contract address with criteria to monitor.

Hot Contracts And Smart Alert Examples

The final type of Smart Alert that we currently have within Nansen would be for “Hot Contracts,” a feature exclusive to Professional users. Hot Contracts allow you to discover what’s trending onchain right now. You can use it to spot popular trading pairs, NFT mints, or yield farming opportunities. Because of this, creating a Smart Alert for this feature can help give you an edge in the market. 

If, for example, you’re interested in trending liquidity pools on specific networks as you want to buy early. We can discover the hottest liquidity pools on the networks of our choice.   

To do this, you would set a Max Contract Age of 7 days as we only want new contracts as older contracts wouldn’t be popular. To ensure that we only get alerts for contracts that are “Hot,” we select a minimum number of depositors in the last hour of 10. We would also add a minimum USD inflow as this will show how much interest there is within the liquidity pool.

Creating a Smart Alert for Hot Contracts across various chains to discover trending LPs.

When you’re using Hot Contracts for liquidity pools to be early, it’s important to do research on the tokens included within the pool to ensure that they aren’t a scam. 

Miss Nothing With Smart Alerts

Smart Alerts are an incredibly powerful feature that enables you to track anything onchain in real time, giving you the data necessary to make informed decisions. We’re excited to announce that Smart Alerts are now available on all the chains Nansen supports, making this feature even more useful! 

We hope this blog has provided you with all the information you need to start with Smart Alerts. But if you’re unsure how to create an alert to achieve your goal or need help with anything related to Nansen, please contact us at support@nansen.ai, as we’d love to help!

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Disclaimer

The authors of this content and members of Nansen may be participating or invested in some of the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Nansen does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Nansen at any time without notice. Nansen accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.

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