Tracking Token Activities on Solana in Real-Time

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Monitoring on-chain token movements as they happen is a powerful capability for developers, traders, and analytics platforms operating within the Solana ecosystem. With real-time tracking, you can detect critical events like token mints, burns, and swaps the moment they occur—enabling faster decision-making, automated alerts, and dynamic user experiences. In this guide, we’ll walk through how to implement real-time token activity monitoring using Shyft’s Callback APIs, a developer-friendly toolset designed for Solana.

By the end of this article, you’ll understand how to set up instant notifications for specific token events, store incoming data efficiently, and display updates live on a frontend interface—all with minimal setup.

Core Tools and Setup

To build a real-time token tracking system, we’ll use three core components:

This combination allows us to create a responsive, scalable solution without managing complex infrastructure.

👉 Discover how real-time blockchain monitoring can boost your project's responsiveness.

Step 1: Get Your Shyft API Key

Before diving into code, you’ll need authentication access to Shyft’s API suite. Visit the Shyft portal to register an account and obtain your free x-api-key. This key authenticates your requests and enables callback registration for on-chain addresses.

Once you have your API key, store it securely—preferably as an environment variable (e.g., NEXT_PUBLIC_SHYFT_API_KEY)—to avoid exposing it in client-side code.

Note: While Shyft supports multiple networks, we'll focus on Solana Mainnet for production-grade tracking.

Step 2: Set Up Supabase for Data Storage

Real-time tracking isn’t useful unless you can persist and retrieve event data. We’ll use Supabase, an open-source Firebase alternative, to store transaction records and stream them to the frontend.

Create a new Supabase project and set up a table called shyft_token_ticker with the following fields:

Supabase also supports real-time WebSocket connections out of the box—meaning your frontend can receive instant updates whenever a new row is inserted.

Implementing Real-Time Callbacks with Shyft

Shyft’s callback system lets you register webhooks that trigger when specific blockchain events occur. Instead of polling the chain repeatedly, you receive push-based notifications—saving time, bandwidth, and computational resources.

Registering a Callback for Token Events

Use the Shyft JS SDK to register a callback URL for any Solana token address. Whenever a mint, burn, or swap happens involving that token, Shyft sends structured data to your endpoint.

Here’s how to register:

import { Network, ShyftSdk, TxnAction } from "@shyft-to/js";

const registerCallback = async (tokenAddress: string) => {
  const shyft = new ShyftSdk({
    apiKey: process.env.NEXT_PUBLIC_SHYFT_API_KEY!,
    network: Network.Mainnet,
  });

  await shyft.callback.register({
    network: Network.Mainnet,
    addresses: [tokenAddress],
    callbackUrl: `${window.location.origin}/api/callback`,
    events: [TxnAction.TOKEN_MINT, TxnAction.TOKEN_BURN, TxnAction.SWAP],
  });

  console.log("Callback registered successfully");
};

This setup ensures you’re only notified for relevant actions, reducing noise in your data pipeline.

Receiving and Storing Callback Data

Your backend must expose a POST endpoint to receive incoming callbacks from Shyft. This API validates the payload and inserts it into Supabase.

Create the Callback Endpoint

In a Next.js app, create pages/api/callback.ts:

import { supabase } from "@/lib/supabase";
import { NextRequest, NextResponse } from "next/server";
import { TxnAction } from "@shyft-to/js";

export async function POST(req: NextRequest) {
  const body = await req.json();

  if (
    !body.type ||
    ![TxnAction.TOKEN_MINT, TxnAction.TOKEN_BURN, TxnAction.SWAP].includes(
      body.type as TxnAction
    )
  ) {
    return NextResponse.json({ message: "Invalid or unsupported event" }, { status: 400 });
  }

  const action = body.actions?.find((a: any) => a.type === body.type);
  if (!action || body.status !== "Success") return NextResponse.json({});

  const { error } = await supabase.from("shyft_token_ticker").insert({
    type: body.type,
    timestamp: body.timestamp,
    action,
  });

  if (error) {
    return NextResponse.json({ message: "Database insert failed" }, { status: 500 });
  }

  return NextResponse.json({ success: true });
}

This endpoint filters irrelevant transactions and stores only valid ones in your database.

Displaying Real-Time Updates on the Frontend

With data now flowing into Supabase, we can leverage its real-time capabilities to push updates directly to users’ browsers.

Subscribe to New Transactions

Using Supabase’s real-time channel in a React component:

useEffect(() => {
  const channel = supabase
    .channel("token_activity_channel")
    .on(
      "postgres_changes",
      {
        event: "INSERT",
        schema: "public",
        table: "shyft_token_ticker",
      },
      (payload) => {
        setTransactions((prev) => [payload.new, ...prev]);
      }
    )
    .subscribe();

  return () => {
    channel.unsubscribe();
  };
}, []);

Now every time a new transaction is recorded, your UI updates instantly—no manual refreshing required.

You can render different visual indicators based on payload.new.type:

Frequently Asked Questions (FAQ)

Q: Can I track multiple tokens at once?
A: Yes. Simply register callbacks for each token address. You can even batch-register addresses in a single request if using the same callback URL.

Q: How fast are the callbacks delivered?
A: Typically within seconds of the transaction confirming on-chain. Shyft monitors the Solana network continuously for registered events.

Q: Is there a cost associated with using Shyft APIs?
A: Shyft offers free-tier access suitable for development and light production use. Higher-volume applications may require premium plans.

Q: Can I send alerts to Discord instead of storing data?
A: Absolutely. Just change the callbackUrl to a Discord webhook and set type: DISCORD during registration. No database needed.

Q: What other events can I monitor besides mints and swaps?
A: Shyft supports numerous event types including NFT transfers, staking actions, and wallet activity—ideal for broader monitoring tools.

👉 See how integrating live blockchain data can transform your application’s interactivity.

Final Thoughts and Key Takeaways

Real-time token tracking on Solana opens doors to innovative applications—from market scanners and trading bots to NFT alert systems and analytics dashboards. By combining Shyft’s event-driven callbacks with Supabase’s real-time database, you can build powerful monitoring tools quickly and efficiently.

Core Keywords:

Whether you're building a public dashboard or a private alert system, this architecture provides a solid foundation. And because both Shyft and Supabase offer generous free tiers, you can prototype and deploy without upfront costs.

For further exploration, check out the official Shyft documentation and experiment with additional event types or integrations like Telegram or email alerts.

👉 Start building smarter Solana applications with live data streams today.