diff --git a/notebooks/adhoc/token_transfers_dev.ipynb b/notebooks/adhoc/token_transfers_dev.ipynb
new file mode 100644
index 00000000000..4ed7bcfda6a
--- /dev/null
+++ b/notebooks/adhoc/token_transfers_dev.ipynb
@@ -0,0 +1,137 @@
+{
+ "cells": [
+  {
+   "cell_type": "markdown",
+   "metadata": {},
+   "source": [
+    "## Prepare data reader for a given chain and date"
+   ]
+  },
+  {
+   "cell_type": "code",
+   "execution_count": null,
+   "metadata": {},
+   "outputs": [],
+   "source": [
+    "from op_analytics.coreutils.duckdb_inmem import init_client\n",
+    "from op_analytics.coreutils.partitioned.reader import DataReader\n",
+    "from op_analytics.coreutils.partitioned.location import DataLocation\n",
+    "from op_analytics.datapipeline.etl.intermediate.construct import construct_data_readers\n",
+    "\n",
+    "from op_analytics.datapipeline.models.compute.udfs import create_duckdb_macros\n",
+    "\n",
+    "\n",
+    "# Define the input data range.\n",
+    "read_batches: list[DataReader] = construct_data_readers(\n",
+    "    chains=[\"op\"],\n",
+    "    models=[\"token_transfers\"],\n",
+    "    range_spec=\"@20241030:+1\",\n",
+    "    read_from=DataLocation.GCS\n",
+    ")\n",
+    "\n",
+    "\n",
+    "# Select input for one date and build the intermediate model inputs.\n",
+    "batch = read_batches[0]\n",
+    "\n",
+    "\n",
+    "duckdb_client = init_client()\n",
+    "create_duckdb_macros(duckdb_client)\n"
+   ]
+  },
+  {
+   "cell_type": "markdown",
+   "metadata": {},
+   "source": [
+    "## Run the model\n",
+    "\n",
+    "This automatically registers the model outputs as duckdb tables."
+   ]
+  },
+  {
+   "cell_type": "code",
+   "execution_count": null,
+   "metadata": {},
+   "outputs": [],
+   "source": [
+    "from op_analytics.datapipeline.models.compute.testutils import execute_model_in_memory\n",
+    "\n",
+    "\n",
+    "execute_model_in_memory(\n",
+    "    duckdb_client=duckdb_client,\n",
+    "    model=\"token_transfers\",\n",
+    "    data_reader=batch,\n",
+    ")\n",
+    "\n",
+    "# The duckdb database will have the following:\n",
+    "#   - input tables\n",
+    "#   - views used by the model\n",
+    "#   - model outputs\n",
+    "#\n",
+    "# You can use duckdb to inspect any of the above results.\n",
+    "duckdb_client.sql(\"SHOW TABLES\")"
+   ]
+  },
+  {
+   "cell_type": "markdown",
+   "metadata": {},
+   "source": [
+    "## Verify model results"
+   ]
+  },
+  {
+   "cell_type": "code",
+   "execution_count": null,
+   "metadata": {},
+   "outputs": [],
+   "source": [
+    "duckdb_client.sql(\"SELECT *, value_64/1e18 AS value_native FROM native_transfers_v1 LIMIT 10\")"
+   ]
+  },
+  {
+   "cell_type": "code",
+   "execution_count": null,
+   "metadata": {},
+   "outputs": [],
+   "source": [
+    "duckdb_client.sql(\"SELECT * FROM erc20_transfers_v1 LIMIT 10\")"
+   ]
+  },
+  {
+   "cell_type": "markdown",
+   "metadata": {},
+   "source": [
+    "### You can also convert the results to dataframes to inspect them in more familiar ways"
+   ]
+  },
+  {
+   "cell_type": "code",
+   "execution_count": null,
+   "metadata": {},
+   "outputs": [],
+   "source": [
+    "duckdb_client.sql(\"SELECT * FROM native_transfers_v1 LIMIT 10\").pl().head()"
+   ]
+  }
+ ],
+ "metadata": {
+  "kernelspec": {
+   "display_name": ".venv",
+   "language": "python",
+   "name": "python3"
+  },
+  "language_info": {
+   "codemirror_mode": {
+    "name": "ipython",
+    "version": 3
+   },
+   "file_extension": ".py",
+   "mimetype": "text/x-python",
+   "name": "python",
+   "nbconvert_exporter": "python",
+   "pygments_lexer": "ipython3",
+   "version": "3.12.4"
+  }
+ },
+ "nbformat": 4,
+ "nbformat_minor": 2
+}
diff --git a/src/op_analytics/datapipeline/models/code/token_transfers.py b/src/op_analytics/datapipeline/models/code/token_transfers.py
new file mode 100644
index 00000000000..85ee998429f
--- /dev/null
+++ b/src/op_analytics/datapipeline/models/code/token_transfers.py
@@ -0,0 +1,21 @@
+import duckdb
+from duckdb.typing import VARCHAR, BIGINT  # Import DuckDB's type annotations
+
+from op_analytics.datapipeline.models.compute.querybuilder import TemplatedSQLQuery
+from op_analytics.datapipeline.models.compute.registry import register_model
+from op_analytics.datapipeline.models.compute.types import NamedRelations
+
+# We can add ERC20/721/115/etc here
+
+@register_model(
+    input_datasets=["ingestion/traces_v1", "ingestion/transactions_v1"],
+    expected_outputs=["native_transfers_v1"],
+    auxiliary_views=[
+        TemplatedSQLQuery(template_name="native_transfers", context={}),
+    ],
+)
+def token_transfers(duckdb_client: duckdb.DuckDBPyConnection) -> NamedRelations:
+
+    return {
+        "native_transfers_v1": duckdb_client.view("native_transfers"),
+    }
diff --git a/src/op_analytics/datapipeline/models/templates/native_transfers.sql.j2 b/src/op_analytics/datapipeline/models/templates/native_transfers.sql.j2
new file mode 100644
index 00000000000..69d54c35c92
--- /dev/null
+++ b/src/op_analytics/datapipeline/models/templates/native_transfers.sql.j2
@@ -0,0 +1,35 @@
+SELECT
+  tr.network
+  , tr.chain_id
+  , tr.chain
+  , tr.dt
+  , tr.block_timestamp
+  , tr.block_number
+  , tr.transaction_hash
+  , tr.transaction_index
+  , tr.from_address AS transfer_from_address
+  , tr.to_address AS transfer_to_address
+  , hexstr_method_id(tr.input) AS trace_method_id
+  , tr.value_64
+  , tr.value_lossless
+  , tr.trace_type
+  , tr.call_type
+  , tr.gas AS trace_gas_limit
+  , tr.gas_used AS trace_gas_used
+  , tr.subtraces
+  , tr.trace_address
+  , t.from_address AS tx_from_address
+  , t.to_address AS tx_to_address
+  , hexstr_method_id(t.input) AS tx_method_id
+
+FROM ingestion_traces_v1 AS tr
+INNER JOIN ingestion_transactions_v1 AS t
+  ON
+    tr.transaction_hash = t.hash
+    AND tr.block_number = t.block_number
+    AND tr.chain_id = t.chain_id
+WHERE
+  (tr.call_type NOT IN ('delegatecall', 'callcode', 'staticcall') OR tr.call_type = '')
+  AND t.receipt_status = 1
+  AND tr.status = 1
+  AND tr.value_lossless != '0'