Tracking what profitable wallets are doing on-chain is one of the most effective edges in Solana trading. Instead of relying on Twitter calls or Discord alpha groups, you can watch what smart money is actually buying in real time. The challenge is doing this efficiently across hundreds of wallets without missing anything.
Cielo (formerly Cielo Finance) is a multi-chain wallet intelligence platform designed specifically for this. It lets you follow wallets, see their trades in a live feed, analyze their PnL over any time period, and set up alerts when they make moves. Think of it as a Bloomberg terminal for on-chain wallet activity.
This guide covers everything you need to know to get started with Cielo and use it effectively for Solana trading research.
What Cielo Does
Cielo is a wallet tracking and analysis platform that operates across multiple blockchains including Solana, Ethereum, Base, Arbitrum, BSC, and others. Its core features are:
- Real-time trade feed: A live stream of swaps, transfers, and other transactions from wallets you follow.
- PnL analysis: Detailed profit and loss breakdowns per wallet, per token, and per time period.
- Wallet discovery: Leaderboards and search tools to find profitable wallets worth tracking.
- Alerts: Notifications via Telegram, Discord, or email when tracked wallets make trades.
- Multi-chain support: One dashboard covering activity across all major EVM chains plus Solana.
The platform is browser-based and does not require connecting a wallet to use. You sign up, start adding wallets to track, and Cielo handles the indexing and display.
Getting Started
Creating an Account
Go to app.cielo.finance and create an account. Cielo offers a free tier that lets you track a limited number of wallets and access basic features. You do not need to connect a wallet or sign any transactions — Cielo is purely an analytics platform.
Once logged in, you land on the main dashboard with the trade feed front and center.
Adding Your First Wallets
The core action in Cielo is adding wallets to your tracking list. You can do this in several ways:
- Paste a wallet address: Click the add wallet button, paste any Solana (or EVM) address, and give it a label. Labels are important — once you are tracking 50+ wallets, you need to know which address belongs to which trader.
- Browse the leaderboard: Cielo has built-in leaderboards showing top-performing wallets by PnL over various time periods. You can add wallets directly from the leaderboard.
- Import from lists: Some users share wallet lists. You can bulk-import wallets if you have a list of addresses.
Start by adding 5 to 10 wallets of traders you already follow or know are profitable. If you do not have any starting wallets, the leaderboard is the best place to begin.
The Trade Feed
The trade feed is Cielo's central feature. It shows a chronological stream of every transaction made by your tracked wallets, updated in real time.
Reading the Feed
Each entry in the feed shows:
- Wallet label: Which of your tracked wallets made the trade.
- Action: Buy, sell, transfer, or other transaction types.
- Token: What was traded, with the token name, ticker, and contract address.
- Amount: How much was bought or sold, in both token and USD terms.
- Price data: Token price at the time of the trade.
- Timestamp: When the transaction occurred.
- Chain: Which blockchain the trade happened on.
- Transaction link: Direct link to the block explorer for verification.
Filtering the Feed
The raw feed from dozens of wallets can be noisy. Cielo provides several filtering options:
- By chain: Show only Solana trades, only Ethereum trades, or all chains.
- By action: Filter to only buys, only sells, or only transfers.
- By wallet: Isolate activity from a single wallet.
- By token: See all activity across your tracked wallets for a specific token.
- Minimum value: Filter out small trades below a certain dollar threshold. This is useful for ignoring dust transactions and tiny test buys.
The minimum value filter is particularly useful. Most smart money wallets make dozens of small trades alongside their serious positions. Filtering to trades above $500 or $1,000 cleans up the noise significantly.
PnL Analysis
Cielo's PnL tracking is one of its strongest features. For any wallet you are tracking, you can see:
- Total PnL: Overall profit or loss across all trades in a given period.
- Per-token PnL: How much the wallet made or lost on each individual token.
- Win rate: Percentage of trades that were profitable.
- Average return: Mean profit or loss per trade.
- Realized vs unrealized: How much profit has been taken versus how much is still in open positions.
How to Read PnL Data
When evaluating a wallet's performance, look beyond the total PnL number. A wallet showing $100,000 in profit might have achieved that from one lucky trade while losing on 95% of others. Here is what to check:
Win rate above 40% is a reasonable threshold for a consistently profitable memecoin trader. The nature of memecoin trading is that many positions lose, but winners can return 5x to 50x. A 30% win rate can still be highly profitable if the average winner is large.
Consistency over time matters more than peak performance. Switch between 7-day, 30-day, and 90-day views. A wallet that performs well across all periods is more reliable than one with a single huge month.
Position sizing patterns tell you a lot. Does the wallet buy consistent amounts, or does it go heavy on some tokens and light on others? Traders who vary their size are often making judgment calls based on conviction, which can be useful signal.
Realized profit ratio shows how disciplined the trader is about taking profits. A wallet sitting on large unrealized gains might be diamond-handing into a loss. One that consistently realizes profits is making active decisions.
Finding Profitable Wallets
If you do not already have a list of wallets to track, Cielo provides several discovery mechanisms.
The Leaderboard
Cielo's leaderboard ranks wallets by PnL over selectable time periods. You can filter by chain (Solana, Ethereum, etc.) and sort by total profit, win rate, or number of trades. This is the fastest way to find wallets worth tracking.
A few tips for using the leaderboard effectively:
- Look at 30-day performance, not just 7-day. Short-term leaderboards are dominated by wallets that got lucky on one trade. Thirty-day consistency is a better signal.
- Check trade count. A wallet with high PnL from 3 trades is less interesting than one with high PnL from 100 trades. More trades means a more statistically meaningful track record.
- Verify on a block explorer. Before adding a wallet from the leaderboard, check it on Solscan to make sure it looks like a real trader and not a bot running wash trades or a contract executing automated strategies.
Token-Based Discovery
When you spot a token that is pumping, Cielo lets you search for that token and see which tracked wallets (and sometimes which wallets from the broader leaderboard) bought it early. This is useful for finding wallets that consistently get into winning tokens before they move.
Setting Up Alerts
Cielo supports alerts via Telegram, Discord webhooks, and email. Alerts notify you when a tracked wallet makes a trade that matches your criteria.
Configuring Alerts
- Connect your notification channel: Link your Telegram account, set up a Discord webhook, or configure email alerts in Cielo's settings.
- Set alert rules: Choose which wallets trigger alerts, what transaction types matter (buys only, sells only, or both), and minimum trade size thresholds.
- Tune for signal: If you are tracking 50 wallets, getting an alert for every transaction will overwhelm you. Set minimum values high enough that you only get notified about trades worth investigating. A minimum of $500 to $1,000 is a reasonable starting point.
The most actionable alert setup for copy trading research is: buys only, minimum $1,000, Solana chain only. This tells you when a tracked wallet is entering a new position with meaningful size — exactly the information you want for deciding whether to investigate a token further.
Cielo vs GMGN for Wallet Intelligence
Both Cielo and GMGN are popular wallet tracking tools on Solana, but they serve somewhat different use cases.
Cielo's strengths:
- Multi-chain coverage (Solana, Ethereum, Base, Arbitrum, BSC, and others) in one dashboard.
- Clean, structured PnL analytics with detailed breakdowns.
- Better for long-term wallet tracking and systematic research.
- Alert system with multiple notification channels.
GMGN's strengths:
- Solana-native with deep integration into the memecoin ecosystem.
- Built-in token scanning and new pair detection alongside wallet tracking.
- Faster for on-the-spot wallet lookups and quick PnL checks.
- Integrated trading (can execute swaps directly from GMGN).
- Smart money labels and wallet categorization.
If you trade exclusively on Solana memecoins and want a tool that combines wallet tracking with token discovery and trading, GMGN is more purpose-built. If you trade across multiple chains, want more structured analytics, or need alerts for a large watchlist of wallets, Cielo is the better fit.
Many active traders use both — GMGN for in-the-moment research and Cielo for ongoing portfolio-level wallet monitoring.
You can also use MadeOnSol's KOL Tracker for real-time monitoring of trades from hundreds of well-known Solana KOL wallets, which complements both tools.
Free vs Paid Tiers
Cielo operates on a freemium model:
Free tier:
- Track a limited number of wallets (typically 15 to 25).
- Access to the trade feed and basic PnL analytics.
- Leaderboard access.
- Limited alert functionality.
Paid tiers:
- Track significantly more wallets (100+).
- Advanced analytics and filtering.
- Full alert customization.
- Priority data refresh rates.
- API access for programmatic queries.
For most casual traders, the free tier is sufficient to get started and evaluate whether wallet tracking fits their workflow. If you find yourself consistently bumping against the wallet limit or needing faster alerts, the paid tiers are reasonably priced compared to the potential edge they provide.
Practical Workflow: Using Cielo for Trading Research
Here is a concrete workflow for incorporating Cielo into your Solana trading process:
Morning Setup
- Open Cielo and check the feed filtered to Solana buys over the last 12 hours.
- Note any tokens that multiple tracked wallets bought independently. Convergence from unrelated smart money wallets is a strong signal.
- For each interesting token, check the chart on DexScreener or Birdeye to see if it is still early or has already moved significantly.
During Active Trading
- Keep Cielo's feed open in a browser tab alongside your trading platform (Photon, Jupiter, etc.).
- When an alert fires from a high-conviction wallet, investigate the token quickly — check holders, liquidity, and whether other wallets are also buying.
- If the setup looks good, execute through your preferred trading tool.
Weekly Review
- Check which tracked wallets performed best over the past 7 days.
- Remove wallets that have gone cold (no trades) or turned unprofitable.
- Add new wallets discovered through the leaderboard or through tokens that outperformed.
- Adjust alert thresholds if you are getting too many or too few notifications.
Tips for Getting the Most Out of Cielo
Label everything. When you are tracking 30+ wallets, unlabeled addresses are useless. Use descriptive labels like "SOL whale - consistent 40% WR" or "memecoin sniper - fast exits."
Do not blindly copy. Wallet tracking is research, not an instruction manual. Smart money wallets have different time horizons, risk tolerances, and information than you do. A whale buying $50,000 of a token can afford to lose it. Use wallet data as one input into your decision, not the sole basis.
Prune regularly. Wallets go cold, strategies change, and past performance does not guarantee future results. Review your tracking list monthly and remove wallets that are no longer useful.
Cross-reference with multiple sources. If Cielo shows a wallet buying a token, check the token's fundamentals, chart, and whether other tracking tools show similar activity. Single-wallet signals are weaker than convergence signals.
Conclusion
Cielo is one of the most capable wallet intelligence platforms available for Solana traders. Its combination of real-time trade feeds, PnL analytics, leaderboards, and multi-chain support makes it a solid foundation for any wallet-tracking workflow. Whether you are using it as your primary research tool or alongside GMGN and MadeOnSol's KOL Tracker, the key is building a curated list of wallets, filtering for high-signal trades, and using the data as research input rather than blind copy trading instructions.
Start with the free tier, add 10 to 15 wallets you trust, and see whether the trade feed surfaces opportunities you would have otherwise missed. If it does, you will quickly understand why wallet tracking has become a core part of how profitable Solana traders operate.
