diff --git a/src/ui/event-stream-view.ts b/src/ui/event-stream-view.ts
new file mode 100644
index 0000000..72ef44c
--- /dev/null
+++ b/src/ui/event-stream-view.ts
@@ -0,0 +1,150 @@
+import { ItemView, WorkspaceLeaf } from 'obsidian';
+import { LogfireEvent, EventCategory } from '../types';
+import { EventBus } from '../core/event-bus';
+
+export const EVENT_STREAM_VIEW_TYPE = 'logfire-event-stream';
+const MAX_VISIBLE_ENTRIES = 500;
+
+export class EventStreamView extends ItemView {
+  private entries: LogfireEvent[] = [];
+  private unsubscribe: (() => void) | null = null;
+  private listEl!: HTMLElement;
+  private viewPaused = false;
+  private filterText = '';
+  private enabledCategories = new Set<EventCategory>([
+    'file', 'content', 'navigation', 'editor', 'vault', 'plugin', 'system',
+  ]);
+
+  constructor(leaf: WorkspaceLeaf, private eventBus: EventBus) {
+    super(leaf);
+  }
+
+  getViewType(): string {
+    return EVENT_STREAM_VIEW_TYPE;
+  }
+
+  getDisplayText(): string {
+    return 'Logfire Events';
+  }
+
+  getIcon(): string {
+    return 'activity';
+  }
+
+  async onOpen(): Promise<void> {
+    const container = this.containerEl.children[1] as HTMLElement;
+    container.empty();
+    container.addClass('logfire-event-stream');
+
+    // Toolbar
+    const toolbar = container.createDiv({ cls: 'logfire-stream-toolbar' });
+
+    const searchInput = toolbar.createEl('input', {
+      type: 'text',
+      placeholder: 'Nach Quelle filtern...',
+      cls: 'logfire-stream-search',
+    });
+    searchInput.addEventListener('input', () => {
+      this.filterText = searchInput.value.toLowerCase();
+      this.renderList();
+    });
+
+    const btnGroup = toolbar.createDiv({ cls: 'logfire-stream-btn-group' });
+
+    const pauseBtn = btnGroup.createEl('button', { text: 'Pause' });
+    pauseBtn.addEventListener('click', () => {
+      this.viewPaused = !this.viewPaused;
+      pauseBtn.textContent = this.viewPaused ? 'Weiter' : 'Pause';
+      pauseBtn.toggleClass('is-active', this.viewPaused);
+    });
+
+    const clearBtn = btnGroup.createEl('button', { text: 'Leeren' });
+    clearBtn.addEventListener('click', () => {
+      this.entries = [];
+      this.renderList();
+    });
+
+    // Category toggles
+    const categoryBar = container.createDiv({ cls: 'logfire-stream-categories' });
+
+    const categories: EventCategory[] = ['file', 'content', 'navigation', 'editor', 'vault', 'plugin', 'system'];
+    for (const cat of categories) {
+      const label = categoryBar.createEl('label', { cls: 'logfire-cat-toggle' });
+      const cb = label.createEl('input', { type: 'checkbox' }) as HTMLInputElement;
+      cb.checked = true;
+      label.createSpan({ text: cat });
+      cb.addEventListener('change', () => {
+        if (cb.checked) {
+          this.enabledCategories.add(cat);
+        } else {
+          this.enabledCategories.delete(cat);
+        }
+        this.renderList();
+      });
+    }
+
+    // Event list
+    this.listEl = container.createDiv({ cls: 'logfire-stream-list' });
+
+    // Subscribe to events
+    this.unsubscribe = this.eventBus.onEvent('*', (event) => {
+      if (this.viewPaused) return;
+      this.entries.unshift(event);
+      if (this.entries.length > MAX_VISIBLE_ENTRIES) {
+        this.entries.length = MAX_VISIBLE_ENTRIES;
+      }
+      this.renderList();
+    });
+  }
+
+  async onClose(): Promise<void> {
+    this.unsubscribe?.();
+    this.unsubscribe = null;
+  }
+
+  private renderList(): void {
+    this.listEl.empty();
+
+    const filtered = this.entries.filter(e => {
+      if (!this.enabledCategories.has(e.category)) return false;
+      if (this.filterText && !e.source.toLowerCase().includes(this.filterText)) return false;
+      return true;
+    });
+
+    for (const event of filtered.slice(0, MAX_VISIBLE_ENTRIES)) {
+      const row = this.listEl.createDiv({ cls: 'logfire-stream-row' });
+
+      const time = new Date(event.timestamp);
+      const timeStr = `${String(time.getHours()).padStart(2, '0')}:${String(time.getMinutes()).padStart(2, '0')}:${String(time.getSeconds()).padStart(2, '0')}`;
+
+      const payloadSummary = this.summarizePayload(event);
+
+      row.createSpan({ text: timeStr, cls: 'logfire-stream-time' });
+      row.createSpan({ text: event.type, cls: 'logfire-stream-type' });
+      row.createSpan({ text: event.source || '', cls: 'logfire-stream-source' });
+      if (payloadSummary) {
+        row.createSpan({ text: payloadSummary, cls: 'logfire-stream-payload' });
+      }
+    }
+  }
+
+  private summarizePayload(event: LogfireEvent): string {
+    const p = event.payload;
+    switch (event.type) {
+      case 'content:words-changed':
+        return `+${p.wordsAdded ?? 0}/-${p.wordsRemoved ?? 0} Wörter`;
+      case 'editor:change':
+        return `+${p.insertedChars ?? 0}/-${p.deletedChars ?? 0} Zeichen`;
+      case 'nav:file-close':
+        return typeof p.duration === 'number' ? `${Math.round(p.duration / 1000)}s` : '';
+      case 'file:rename':
+        return `→ ${p.newName ?? ''}`;
+      case 'file:move':
+        return `→ ${p.newFolder ?? ''}`;
+      case 'plugin:command-executed':
+        return String(p.commandName ?? '');
+      default:
+        return '';
+    }
+  }
+}