Yes, Magento 2 Affiliate Module allows real-time tracking of affiliate activities, including clicks, referrals, and sales. Each affiliate receives a unique link to promote store products. The system records every visit and purchase from these links instantly, ensuring accurate data. Magento 2 Affiliate Module also offers detailed analytics so admins can see top affiliates and campaigns. This helps make quick changes to marketing plans. Affiliates can view their own stats from their dashboard, promoting transparency. Real-time monitoring supports better decisions, sharper campaign targeting, and faster responses to performance trends in affiliate marketing.