diff --git a/.gitignore b/.gitignore
index 817ddac4f2..a07a3567ba 100644
--- a/.gitignore
+++ b/.gitignore
@@ -54,3 +54,6 @@ nym-network-monitor/__pycache__
 nym-network-monitor/*.key
 nym-network-monitor/.envrc
 nym-network-monitor/.envrc
+
+
+*.sqlite
\ No newline at end of file
diff --git a/Cargo.lock b/Cargo.lock
index d0caa221f9..a8f3de6c1b 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5221,31 +5221,6 @@ dependencies = [
  "zeroize",
 ]
 
-[[package]]
-name = "nym-data-observatory"
-version = "0.1.0"
-dependencies = [
- "anyhow",
- "axum 0.7.7",
- "chrono",
- "clap 4.5.20",
- "nym-bin-common",
- "nym-network-defaults",
- "nym-node-requests",
- "nym-task",
- "serde",
- "serde_json",
- "sqlx",
- "tokio",
- "tokio-util",
- "tower-http",
- "tracing",
- "tracing-subscriber",
- "utoipa",
- "utoipa-swagger-ui",
- "utoipauto",
-]
-
 [[package]]
 name = "nym-dkg"
 version = "0.1.0"
@@ -6860,6 +6835,35 @@ dependencies = [
  "url",
 ]
 
+[[package]]
+name = "nyx-chain-watcher"
+version = "0.1.0"
+dependencies = [
+ "anyhow",
+ "axum 0.7.7",
+ "chrono",
+ "clap 4.5.20",
+ "nym-bin-common",
+ "nym-network-defaults",
+ "nym-node-requests",
+ "nym-task",
+ "nyxd-scraper",
+ "reqwest 0.12.4",
+ "rocket",
+ "serde",
+ "serde_json",
+ "sqlx",
+ "time",
+ "tokio",
+ "tokio-util",
+ "tower-http",
+ "tracing",
+ "tracing-subscriber",
+ "utoipa",
+ "utoipa-swagger-ui",
+ "utoipauto",
+]
+
 [[package]]
 name = "nyxd-scraper"
 version = "0.1.0"
diff --git a/Cargo.toml b/Cargo.toml
index a5b90d7dfd..cd44c15136 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -118,8 +118,8 @@ members = [
     "nym-credential-proxy/nym-credential-proxy",
     "nym-credential-proxy/nym-credential-proxy-requests",
     "nym-credential-proxy/vpn-api-lib-wasm",
-    "nym-data-observatory",
     "nym-network-monitor",
+    "nyx-chain-watcher",
     "nym-node",
     "nym-node/nym-node-requests",
     "nym-node/nym-node-metrics",
@@ -158,11 +158,11 @@ default-members = [
     "explorer-api",
     "nym-api",
     "nym-credential-proxy/nym-credential-proxy",
-    "nym-data-observatory",
     "nym-node",
     "nym-node-status-api/nym-node-status-agent",
     "nym-node-status-api/nym-node-status-api",
     "nym-validator-rewarder",
+    "nyx-chain-watcher",
     "service-providers/authenticator",
     "service-providers/ip-packet-router",
     "service-providers/network-requester",
diff --git a/nym-data-observatory/Cargo.toml b/nyx-chain-watcher/Cargo.toml
similarity index 98%
rename from nym-data-observatory/Cargo.toml
rename to nyx-chain-watcher/Cargo.toml
index 0270057477..58564b3d12 100644
--- a/nym-data-observatory/Cargo.toml
+++ b/nyx-chain-watcher/Cargo.toml
@@ -2,7 +2,7 @@
 # SPDX-License-Identifier: Apache-2.0
 
 [package]
-name = "nym-data-observatory"
+name = "nyx-chain-watcher"
 version = "0.1.0"
 authors.workspace = true
 repository.workspace = true
diff --git a/nyx-chain-watcher/README.md b/nyx-chain-watcher/README.md
new file mode 100644
index 0000000000..4142c4ecee
--- /dev/null
+++ b/nyx-chain-watcher/README.md
@@ -0,0 +1,15 @@
+# Nyx Chain Watcher
+
+A simple binary to watch addresses on the Nyx chain and to call webhooks when particular message types are in a block.
+
+## Running locally
+
+```
+DATABASE_URL=nyx_chain_watcher.sqlite \
+NYXD_WEBSOCKET_URL=wss://rpc.nymtech.net:443/websocket \
+NYXD_RPC_URL=https://rpc.nymtech.net \
+PAYMENT_RECEIVE_ADDRESS=n1... \
+WEBHOOK_URL=https://webhook.site/... \
+cargo run
+```
+
diff --git a/nym-data-observatory/README_SQLX.md b/nyx-chain-watcher/README_SQLX.md
similarity index 100%
rename from nym-data-observatory/README_SQLX.md
rename to nyx-chain-watcher/README_SQLX.md
diff --git a/nym-data-observatory/build.rs b/nyx-chain-watcher/build.rs
similarity index 98%
rename from nym-data-observatory/build.rs
rename to nyx-chain-watcher/build.rs
index faedd8b4c7..eb28ed3bf5 100644
--- a/nym-data-observatory/build.rs
+++ b/nyx-chain-watcher/build.rs
@@ -5,7 +5,7 @@ use std::{collections::HashMap, fs::File, path::PathBuf, str::FromStr};
 
 #[tokio::main]
 async fn main() -> Result<()> {
-    let db_path = PathBuf::from(env!("CARGO_MANIFEST_DIR")).join("data_observatory.sqlite");
+    let db_path = PathBuf::from(env!("CARGO_MANIFEST_DIR")).join("nyx_chain_watcher.sqlite");
 
     // Create the database directory if it doesn't exist
     if let Some(parent) = db_path.parent() {
diff --git a/nym-data-observatory/docker-compose.yml b/nyx-chain-watcher/docker-compose.yml
similarity index 100%
rename from nym-data-observatory/docker-compose.yml
rename to nyx-chain-watcher/docker-compose.yml
diff --git a/nym-data-observatory/migrations/000_init.sql b/nyx-chain-watcher/migrations/000_init.sql
similarity index 100%
rename from nym-data-observatory/migrations/000_init.sql
rename to nyx-chain-watcher/migrations/000_init.sql
diff --git a/nym-data-observatory/migrations/001_price_data.sql b/nyx-chain-watcher/migrations/001_price_data.sql
similarity index 100%
rename from nym-data-observatory/migrations/001_price_data.sql
rename to nyx-chain-watcher/migrations/001_price_data.sql
diff --git a/nym-data-observatory/migrations/002_payment_transactions.sql b/nyx-chain-watcher/migrations/002_payment_transactions.sql
similarity index 100%
rename from nym-data-observatory/migrations/002_payment_transactions.sql
rename to nyx-chain-watcher/migrations/002_payment_transactions.sql
diff --git a/nym-data-observatory/src/chain_scraper/mod.rs b/nyx-chain-watcher/src/chain_scraper/mod.rs
similarity index 100%
rename from nym-data-observatory/src/chain_scraper/mod.rs
rename to nyx-chain-watcher/src/chain_scraper/mod.rs
diff --git a/nym-data-observatory/src/db/mod.rs b/nyx-chain-watcher/src/db/mod.rs
similarity index 100%
rename from nym-data-observatory/src/db/mod.rs
rename to nyx-chain-watcher/src/db/mod.rs
diff --git a/nym-data-observatory/src/db/models.rs b/nyx-chain-watcher/src/db/models.rs
similarity index 100%
rename from nym-data-observatory/src/db/models.rs
rename to nyx-chain-watcher/src/db/models.rs
diff --git a/nym-data-observatory/src/db/queries/mod.rs b/nyx-chain-watcher/src/db/queries/mod.rs
similarity index 100%
rename from nym-data-observatory/src/db/queries/mod.rs
rename to nyx-chain-watcher/src/db/queries/mod.rs
diff --git a/nym-data-observatory/src/db/queries/payments.rs b/nyx-chain-watcher/src/db/queries/payments.rs
similarity index 100%
rename from nym-data-observatory/src/db/queries/payments.rs
rename to nyx-chain-watcher/src/db/queries/payments.rs
diff --git a/nym-data-observatory/src/db/queries/price.rs b/nyx-chain-watcher/src/db/queries/price.rs
similarity index 100%
rename from nym-data-observatory/src/db/queries/price.rs
rename to nyx-chain-watcher/src/db/queries/price.rs
diff --git a/nym-data-observatory/src/http/api/mixnodes.rs b/nyx-chain-watcher/src/http/api/mixnodes.rs
similarity index 100%
rename from nym-data-observatory/src/http/api/mixnodes.rs
rename to nyx-chain-watcher/src/http/api/mixnodes.rs
diff --git a/nym-data-observatory/src/http/api/mod.rs b/nyx-chain-watcher/src/http/api/mod.rs
similarity index 100%
rename from nym-data-observatory/src/http/api/mod.rs
rename to nyx-chain-watcher/src/http/api/mod.rs
diff --git a/nym-data-observatory/src/http/api/price.rs b/nyx-chain-watcher/src/http/api/price.rs
similarity index 92%
rename from nym-data-observatory/src/http/api/price.rs
rename to nyx-chain-watcher/src/http/api/price.rs
index 1a239fcf54..354d3cbfa7 100644
--- a/nym-data-observatory/src/http/api/price.rs
+++ b/nyx-chain-watcher/src/http/api/price.rs
@@ -18,7 +18,7 @@ pub(crate) fn routes() -> Router<AppState> {
     )
 )]
 
-/// Fetch the latest price cached by the data observatory
+/// Fetch the latest price cached by this API
 async fn price(State(state): State<AppState>) -> HttpResult<Json<PriceHistory>> {
     get_latest_price(state.db_pool())
         .await
diff --git a/nym-data-observatory/src/http/api/server.rs b/nyx-chain-watcher/src/http/api/server.rs
similarity index 100%
rename from nym-data-observatory/src/http/api/server.rs
rename to nyx-chain-watcher/src/http/api/server.rs
diff --git a/nym-data-observatory/src/http/api_docs.rs b/nyx-chain-watcher/src/http/api_docs.rs
similarity index 65%
rename from nym-data-observatory/src/http/api_docs.rs
rename to nyx-chain-watcher/src/http/api_docs.rs
index c7dbe0118d..097bd3c4ba 100644
--- a/nym-data-observatory/src/http/api_docs.rs
+++ b/nyx-chain-watcher/src/http/api_docs.rs
@@ -4,11 +4,7 @@ use utoipauto::utoipauto;
 // manually import external structs which are behind feature flags because they
 // can't be automatically discovered
 // https://github.com/ProbablyClem/utoipauto/issues/13#issuecomment-1974911829
-#[utoipauto(paths = "./nym-data-observatory/src")]
+#[utoipauto(paths = "./nyx-chain-watcher/src")]
 #[derive(OpenApi)]
-#[openapi(
-    info(title = "Nym Data Observatory API"),
-    tags(),
-    components(schemas())
-)]
+#[openapi(info(title = "Nyx Chain Watcher API"), tags(), components(schemas()))]
 pub(super) struct ApiDoc;
diff --git a/nym-data-observatory/src/http/error.rs b/nyx-chain-watcher/src/http/error.rs
similarity index 100%
rename from nym-data-observatory/src/http/error.rs
rename to nyx-chain-watcher/src/http/error.rs
diff --git a/nym-data-observatory/src/http/mod.rs b/nyx-chain-watcher/src/http/mod.rs
similarity index 100%
rename from nym-data-observatory/src/http/mod.rs
rename to nyx-chain-watcher/src/http/mod.rs
diff --git a/nym-data-observatory/src/http/server.rs b/nyx-chain-watcher/src/http/server.rs
similarity index 100%
rename from nym-data-observatory/src/http/server.rs
rename to nyx-chain-watcher/src/http/server.rs
diff --git a/nym-data-observatory/src/http/state.rs b/nyx-chain-watcher/src/http/state.rs
similarity index 100%
rename from nym-data-observatory/src/http/state.rs
rename to nyx-chain-watcher/src/http/state.rs
diff --git a/nym-data-observatory/src/logging.rs b/nyx-chain-watcher/src/logging.rs
similarity index 100%
rename from nym-data-observatory/src/logging.rs
rename to nyx-chain-watcher/src/logging.rs
diff --git a/nym-data-observatory/src/main.rs b/nyx-chain-watcher/src/main.rs
similarity index 84%
rename from nym-data-observatory/src/main.rs
rename to nyx-chain-watcher/src/main.rs
index 4373f8850f..3eb513b889 100644
--- a/nym-data-observatory/src/main.rs
+++ b/nyx-chain-watcher/src/main.rs
@@ -15,18 +15,18 @@ mod price_scraper;
 #[command(version, about, long_about = None)]
 struct Args {
     /// Port to listen on
-    #[arg(long, default_value_t = 8000, env = "NYM_DATA_OBSERVATORY_HTTP_PORT")]
+    #[arg(long, default_value_t = 8000, env = "NYX_CHAIN_WATCHER_HTTP_PORT")]
     http_port: u16,
 
     /// Path to the environment variables file. If you don't provide one, variables for the mainnet will be used.
-    #[arg(short, long, default_value = None, env = "NYM_DATA_OBSERVATORY_ENV_FILE")]
+    #[arg(short, long, default_value = None, env = "NYX_CHAIN_WATCHER_ENV_FILE")]
     env_file: Option<String>,
 
     /// SQLite database file path
     #[arg(
         long,
-        default_value = "data_observatory.sqlite",
-        env = "NYM_DATA_OBSERVATORY_DB_PATH"
+        default_value = "nyx_chain_watcher.sqlite",
+        env = "DATABASE_URL"
     )]
     db_path: String,
 }
@@ -46,13 +46,13 @@ async fn main() -> anyhow::Result<()> {
 
     let connection_url = format!("sqlite://{}?mode=rwc", db_path);
     let storage = db::Storage::init(connection_url).await?;
-    let observatory_pool = storage.pool_owned().await;
+    let watcher_pool = storage.pool_owned().await;
 
     // Spawn the chain scraper and get its storage
 
     // Spawn the payment listener task
     let payment_listener_handle = tokio::spawn({
-        let obs_pool = observatory_pool.clone();
+        let obs_pool = watcher_pool.clone();
         let chain_storage = run_chain_scraper().await?;
 
         async move {
@@ -67,7 +67,7 @@ async fn main() -> anyhow::Result<()> {
     //let background_pool = db_pool.clone();
 
     let price_scraper_handle = tokio::spawn(async move {
-        price_scraper::run_price_scraper(&observatory_pool).await;
+        price_scraper::run_price_scraper(&watcher_pool).await;
     });
 
     let shutdown_handles = http::server::start_http_api(storage.pool_owned().await, args.http_port)
diff --git a/nym-data-observatory/src/payment_listener/mod.rs b/nyx-chain-watcher/src/payment_listener/mod.rs
similarity index 96%
rename from nym-data-observatory/src/payment_listener/mod.rs
rename to nyx-chain-watcher/src/payment_listener/mod.rs
index 7006b413e6..bddfecbbda 100644
--- a/nym-data-observatory/src/payment_listener/mod.rs
+++ b/nyx-chain-watcher/src/payment_listener/mod.rs
@@ -14,7 +14,7 @@ struct TransferEvent {
 }
 
 pub(crate) async fn run_payment_listener(
-    observatory_pool: SqlitePool,
+    watcher_pool: SqlitePool,
     chain_storage: ScraperStorage,
 ) -> anyhow::Result<()> {
     let payment_receive_address = env::var("PAYMENT_RECEIVE_ADDRESS").map_err(|_| {
@@ -26,7 +26,7 @@ pub(crate) async fn run_payment_listener(
     let client = Client::new();
     loop {
         let last_checked_height =
-            queries::payments::get_last_checked_height(&observatory_pool).await?;
+            queries::payments::get_last_checked_height(&watcher_pool).await?;
         tracing::info!("Last checked height: {}", last_checked_height);
 
         let transactions = chain_storage
@@ -44,7 +44,7 @@ pub(crate) async fn run_payment_listener(
                         let amount: f64 = parse_unym_amount(&transfer.amount)?;
 
                         queries::payments::insert_payment(
-                            &observatory_pool,
+                            &watcher_pool,
                             tx.hash.clone(),
                             transfer.sender.clone(),
                             transfer.recipient.clone(),
diff --git a/nym-data-observatory/src/price_scraper/mod.rs b/nyx-chain-watcher/src/price_scraper/mod.rs
similarity index 100%
rename from nym-data-observatory/src/price_scraper/mod.rs
rename to nyx-chain-watcher/src/price_scraper/mod.rs