diff --git a/components/StakeForm.tsx b/components/StakeForm.tsx
index 20b5481..9f593ab 100644
--- a/components/StakeForm.tsx
+++ b/components/StakeForm.tsx
@@ -36,6 +36,8 @@ import SheenLoader from './shared/SheenLoader'
 import useLeverageMax from 'hooks/useLeverageMax'
 import { STAKEABLE_TOKENS_DATA } from 'utils/constants'
 import { sleep } from 'utils'
+import { usePlausible } from 'next-plausible'
+import { TelemetryEvents } from 'utils/telemetry'
 
 const set = mangoStore.getState().set
 
@@ -97,6 +99,7 @@ function StakeForm({ token: selectedToken }: StakeFormProps) {
     estimatedNetAPY,
   } = useBankRates(selectedToken, leverage)
   const leverageMax = useLeverageMax(selectedToken)
+  const telemetry = usePlausible<TelemetryEvents>()
 
   const stakeBank = useMemo(() => {
     return group?.banksMapByName.get(selectedToken)?.[0]
@@ -175,6 +178,19 @@ function StakeForm({ token: selectedToken }: StakeFormProps) {
         parseFloat(inputAmount),
         tokenNum || 0,
       )
+      if (mangoAccount !== undefined) {
+        telemetry('positionCreate', {
+          props: {
+            token: selectedToken,
+          },
+        })
+      } else {
+        telemetry('positionIncrease', {
+          props: {
+            token: selectedToken,
+          },
+        })
+      }
       notify({
         title: 'Transaction confirmed',
         type: 'success',
diff --git a/components/UnstakeForm.tsx b/components/UnstakeForm.tsx
index 3bdbb18..c10f1ee 100644
--- a/components/UnstakeForm.tsx
+++ b/components/UnstakeForm.tsx
@@ -37,6 +37,8 @@ import ButtonGroup from './forms/ButtonGroup'
 import Decimal from 'decimal.js'
 import { Disclosure } from '@headlessui/react'
 import { sleep } from 'utils'
+import { usePlausible } from 'next-plausible'
+import { TelemetryEvents } from 'utils/telemetry'
 
 const set = mangoStore.getState().set
 
@@ -79,6 +81,7 @@ function UnstakeForm({ token: selectedToken }: UnstakeFormProps) {
   const { usedTokens, totalTokens } = useMangoAccountAccounts()
   const { group } = useMangoGroup()
   const { mangoAccount } = useMangoAccount()
+  const telemetry = usePlausible<TelemetryEvents>()
 
   const stakeBank = useMemo(() => {
     return group?.banksMapByName.get(selectedToken)?.[0]
@@ -197,6 +200,11 @@ function UnstakeForm({ token: selectedToken }: UnstakeFormProps) {
       await sleep(500)
       await actions.fetchMangoAccounts(mangoAccount.owner)
       await actions.fetchWalletTokens(publicKey)
+      telemetry('positionReduce', {
+        props: {
+          token: selectedToken,
+        },
+      })
     } catch (e) {
       console.error('Error depositing:', e)
       setSubmitting(false)
diff --git a/utils/telemetry.ts b/utils/telemetry.ts
new file mode 100644
index 0000000..b7f7646
--- /dev/null
+++ b/utils/telemetry.ts
@@ -0,0 +1,5 @@
+export type TelemetryEvents = {
+    positionCreate: { token: string }
+    positionIncrease: { token: string }
+    positionReduce: { token: string }
+}
\ No newline at end of file