diff --git a/mev_inspect/abis/ERC20.json b/mev_inspect/abis/ERC20.json
new file mode 100644
index 0000000..1295df2
--- /dev/null
+++ b/mev_inspect/abis/ERC20.json
@@ -0,0 +1,2 @@
+
+[{"inputs":[{"internalType":"string","name":"name_","type":"string"},{"internalType":"string","name":"symbol_","type":"string"}],"stateMutability":"nonpayable","type":"constructor"},{"anonymous":false,"inputs":[{"indexed":true,"internalType":"address","name":"owner","type":"address"},{"indexed":true,"internalType":"address","name":"spender","type":"address"},{"indexed":false,"internalType":"uint256","name":"value","type":"uint256"}],"name":"Approval","type":"event"},{"anonymous":false,"inputs":[{"indexed":true,"internalType":"address","name":"from","type":"address"},{"indexed":true,"internalType":"address","name":"to","type":"address"},{"indexed":false,"internalType":"uint256","name":"value","type":"uint256"}],"name":"Transfer","type":"event"},{"inputs":[{"internalType":"address","name":"owner","type":"address"},{"internalType":"address","name":"spender","type":"address"}],"name":"allowance","outputs":[{"internalType":"uint256","name":"","type":"uint256"}],"stateMutability":"view","type":"function"},{"inputs":[{"internalType":"address","name":"spender","type":"address"},{"internalType":"uint256","name":"amount","type":"uint256"}],"name":"approve","outputs":[{"internalType":"bool","name":"","type":"bool"}],"stateMutability":"nonpayable","type":"function"},{"inputs":[{"internalType":"address","name":"account","type":"address"}],"name":"balanceOf","outputs":[{"internalType":"uint256","name":"","type":"uint256"}],"stateMutability":"view","type":"function"},{"inputs":[],"name":"decimals","outputs":[{"internalType":"uint8","name":"","type":"uint8"}],"stateMutability":"view","type":"function"},{"inputs":[{"internalType":"address","name":"spender","type":"address"},{"internalType":"uint256","name":"subtractedValue","type":"uint256"}],"name":"decreaseAllowance","outputs":[{"internalType":"bool","name":"","type":"bool"}],"stateMutability":"nonpayable","type":"function"},{"inputs":[{"internalType":"address","name":"spender","type":"address"},{"internalType":"uint256","name":"addedValue","type":"uint256"}],"name":"increaseAllowance","outputs":[{"internalType":"bool","name":"","type":"bool"}],"stateMutability":"nonpayable","type":"function"},{"inputs":[],"name":"name","outputs":[{"internalType":"string","name":"","type":"string"}],"stateMutability":"view","type":"function"},{"inputs":[],"name":"symbol","outputs":[{"internalType":"string","name":"","type":"string"}],"stateMutability":"view","type":"function"},{"inputs":[],"name":"totalSupply","outputs":[{"internalType":"uint256","name":"","type":"uint256"}],"stateMutability":"view","type":"function"},{"inputs":[{"internalType":"address","name":"recipient","type":"address"},{"internalType":"uint256","name":"amount","type":"uint256"}],"name":"transfer","outputs":[{"internalType":"bool","name":"","type":"bool"}],"stateMutability":"nonpayable","type":"function"},{"inputs":[{"internalType":"address","name":"sender","type":"address"},{"internalType":"address","name":"recipient","type":"address"},{"internalType":"uint256","name":"amount","type":"uint256"}],"name":"transferFrom","outputs":[{"internalType":"bool","name":"","type":"bool"}],"stateMutability":"nonpayable","type":"function"}]
diff --git a/mev_inspect/processor.py b/mev_inspect/processor.py
index b9fa72f..74e1aeb 100644
--- a/mev_inspect/processor.py
+++ b/mev_inspect/processor.py
@@ -58,15 +58,20 @@ class Processor:
             call_data = decoder.decode(trace.action["input"])
 
             if call_data is not None:
+                signature = call_data.function_signature
+                classification = spec.classifications.get(
+                    signature, Classification.unknown
+                )
+
                 return ClassifiedTrace(
                     transaction_hash=trace.transaction_hash,
                     block_number=trace.block_number,
                     trace_type=trace.type,
                     trace_address=trace.trace_address,
-                    classification=Classification.unknown,
+                    classification=classification,
                     protocol=spec.protocol,
                     function_name=call_data.function_name,
-                    function_signature=call_data.function_signature,
+                    function_signature=signature,
                     intputs=call_data.inputs,
                 )
 
diff --git a/mev_inspect/schemas/classifications.py b/mev_inspect/schemas/classifications.py
index 6b5d4d4..cd94c69 100644
--- a/mev_inspect/schemas/classifications.py
+++ b/mev_inspect/schemas/classifications.py
@@ -9,6 +9,8 @@ from .blocks import TraceType
 class Classification(Enum):
     unknown = "unknown"
     swap = "swap"
+    burn = "burn"
+    transfer = "transfer"
 
 
 class Protocol(Enum):
@@ -32,3 +34,4 @@ class DecodeSpec(BaseModel):
     abi_name: str
     protocol: Optional[Protocol] = None
     valid_contract_addresses: Optional[List[str]] = None
+    classifications: Dict[str, Classification] = {}
diff --git a/testing_file.py b/testing_file.py
index c3f773f..b5f73b1 100644
--- a/testing_file.py
+++ b/testing_file.py
@@ -5,7 +5,7 @@ from web3 import Web3
 
 from mev_inspect import block
 from mev_inspect.processor import Processor
-from mev_inspect.schemas.classifications import DecodeSpec, Protocol
+from mev_inspect.schemas.classifications import Classification, DecodeSpec, Protocol
 
 
 SUSHISWAP_ROUTER_ADDRESS = "0xd9e1cE17f2641f24aE83637ab66a2cca9C378B9F"
@@ -23,7 +23,20 @@ DECODE_SPECS = [
         protocol=Protocol.sushiswap,
         valid_contract_addresses=[SUSHISWAP_ROUTER_ADDRESS],
     ),
-    DecodeSpec(abi_name="UniswapV2Pair"),
+    DecodeSpec(
+        abi_name="ERC20",
+        classifications={
+            "transferFrom(address,address,uint256)": Classification.transfer,
+            "transfer(address,uint256)": Classification.transfer,
+            "burn(address)": Classification.burn,
+        },
+    ),
+    DecodeSpec(
+        abi_name="UniswapV2Pair",
+        classifications={
+            "swap(uint256,uint256,address,bytes)": Classification.swap,
+        },
+    ),
 ]
 
 
@@ -41,19 +54,22 @@ def inspect_block(base_provider, block_number):
     print(f"Total transactions: {total_transactions}")
 
     processor = Processor(DECODE_SPECS)
-    classifications = processor.process(block_data)
+    classified_traces = processor.process(block_data)
 
-    print(f"Returned {len(classifications)} classifications")
+    print(f"Returned {len(classified_traces)} classified traces")
 
     stats = {}
 
-    for classification in classifications:
-        protocol = classification.protocol
-        signature = classification.function_signature
+    for trace in classified_traces:
+        protocol = trace.protocol
+        classification = trace.classification.value
+        signature = trace.function_signature
 
         protocol_stats = stats.get(protocol, {})
+        class_stats = protocol_stats.get(classification, {})
         signature_count = protocol_stats.get(signature, 0)
-        protocol_stats[signature] = signature_count + 1
+        class_stats[signature] = signature_count + 1
+        protocol_stats[classification] = class_stats
         stats[protocol] = protocol_stats
 
     print(json.dumps(dict(stats.items()), indent=4))