diff --git a/src/shade/__init__.py b/src/shade/__init__.py
index 6c5a209..03fd785 100644
--- a/src/shade/__init__.py
+++ b/src/shade/__init__.py
@@ -16,7 +16,16 @@
     ShadeError,
     SignatureVerificationError,
 )
-from .models import AssetBalance, Balance, Merchant, ShadeObject, Transfer, TransferStatus
+from .models import (
+    AssetBalance,
+    Balance,
+    Merchant,
+    ShadeObject,
+    Transfer,
+    TransferStatus,
+    WebhookEvent,
+    WebhookEventType,
+)
 
 __version__ = "0.1.0"
 
@@ -43,6 +52,8 @@
     "SyncHTTPClient",
     "Transfer",
     "TransferStatus",
+    "WebhookEvent",
+    "WebhookEventType",
     "config",
     "api_base",
     "environment",
diff --git a/src/shade/models/__init__.py b/src/shade/models/__init__.py
index 84f61c8..1e70fb5 100644
--- a/src/shade/models/__init__.py
+++ b/src/shade/models/__init__.py
@@ -5,6 +5,7 @@
 from .base import ShadeObject
 from .merchant import Merchant
 from .transfer import Transfer, TransferStatus
+from .webhook import WebhookEvent, WebhookEventType
 
 __all__ = [
     "AssetBalance",
@@ -13,4 +14,6 @@
     "ShadeObject",
     "Transfer",
     "TransferStatus",
+    "WebhookEvent",
+    "WebhookEventType",
 ]
diff --git a/src/shade/models/webhook.py b/src/shade/models/webhook.py
new file mode 100644
index 0000000..66a9d6a
--- /dev/null
+++ b/src/shade/models/webhook.py
@@ -0,0 +1,88 @@
+"""
+Webhook event model.
+
+Represents a parsed, verified webhook event delivered by the Shade platform.
+Field names are converted from ``camelCase`` (backend/JSON) to ``snake_case``
+(Python) via pydantic field aliases, matching the convention established by
+:class:`~shade.models.transfer.Transfer`.
+
+At this layer ``data`` is deliberately left as the raw decoded JSON object. The
+resource layer (``Webhook.construct_event()``) is responsible for coercing it
+into the corresponding typed model based on ``type``.
+"""
+from __future__ import annotations
+
+from datetime import datetime
+from enum import Enum
+from typing import Any
+
+from pydantic import Field, StrictBool
+
+from .base import ShadeObject
+
+
+class WebhookEventType(str, Enum):
+    """Event types delivered by the Shade platform.
+
+    Members subclass :class:`str`, so they compare equal to the wire value::
+
+        if event.type == WebhookEventType.PAYMENT_COMPLETED:
+            ...
+
+    The list is not exhaustive by design: :class:`WebhookEvent` stores ``type``
+    as a plain ``str``, so an event type added server-side still parses and can
+    be compared against a literal until a constant is added here.
+    """
+
+    PAYMENT_COMPLETED = "payment.completed"
+    PAYMENT_CANCELLED = "payment.cancelled"
+    PAYMENT_EXPIRED = "payment.expired"
+    PAYMENT_PARTIALLY_PAID = "payment.partially_paid"
+    INVOICE_PAID = "invoice.paid"
+    INVOICE_SENT = "invoice.sent"
+    INVOICE_CANCELLED = "invoice.cancelled"
+    TRANSFER_COMPLETED = "transfer.completed"
+    TRANSFER_FAILED = "transfer.failed"
+    SWAP_COMPLETED = "swap.completed"
+    SWAP_SLIPPAGE_EXCEEDED = "swap.slippage_exceeded"
+
+
+class WebhookEvent(ShadeObject):
+    """A parsed, verified webhook event.
+
+    The expected payload is a JSON object of the shape::
+
+        {
+            "id": "evt_123",
+            "type": "payment.completed",
+            "data": {"id": "pay_123", ...},
+            "createdAt": "2026-07-20T12:00:00Z",
+            "livemode": false
+        }
+
+    Build one with :meth:`ShadeObject.from_dict`, which maps ``createdAt`` to
+    :attr:`created_at` and parses it into a :class:`~datetime.datetime`.
+    ``livemode`` distinguishes a production event from a test-mode one.
+
+    ``id``, ``type``, ``data``, ``created_at`` and ``livemode`` are all
+    required; a payload missing any of them — or carrying an unparseable
+    timestamp — raises
+    :class:`~shade.errors.InvalidRequestError` rather than producing a
+    half-populated event. Unknown extra keys are preserved, per
+    :class:`~shade.models.base.ShadeObject`.
+
+    Attributes:
+        id: Unique identifier of the event.
+        type: Event type string, e.g. ``"payment.completed"``. Compare against
+            :class:`WebhookEventType` members.
+        data: The event payload, left as the raw decoded JSON object. Typed
+            model coercion happens in the resource layer, not here.
+        created_at: When the platform emitted the event.
+        livemode: ``True`` for a live event, ``False`` for a test-mode one.
+    """
+
+    id: str
+    type: str
+    data: dict[str, Any]
+    created_at: datetime = Field(alias="createdAt")
+    livemode: StrictBool
diff --git a/tests/test_webhook_event.py b/tests/test_webhook_event.py
new file mode 100644
index 0000000..017ffbb
--- /dev/null
+++ b/tests/test_webhook_event.py
@@ -0,0 +1,149 @@
+from datetime import datetime, timezone
+
+import pytest
+
+import shade
+from shade import InvalidRequestError, ShadeObject, WebhookEvent, WebhookEventType
+
+PAYMENT_DATA = {
+    "id": "pay_123",
+    "amount": "150.25",
+    "asset": "USDC",
+    "status": "completed",
+}
+
+
+def _api_response(**overrides):
+    """A representative camelCase backend payload."""
+    data = {
+        "id": "evt_123",
+        "type": "payment.completed",
+        "data": dict(PAYMENT_DATA),
+        "createdAt": "2026-07-20T12:00:00Z",
+        "livemode": True,
+    }
+    data.update(overrides)
+    return data
+
+
+def test_from_dict_populates_all_fields():
+    event = WebhookEvent.from_dict(_api_response())
+
+    assert event.id == "evt_123"
+    assert event.type == "payment.completed"
+    assert event.data == PAYMENT_DATA
+    assert event.created_at == datetime(2026, 7, 20, 12, 0, tzinfo=timezone.utc)
+    assert event.livemode is True
+
+
+def test_data_stays_a_raw_dict():
+    event = WebhookEvent.from_dict(_api_response())
+
+    assert isinstance(event.data, dict)
+    assert not isinstance(event.data, ShadeObject)
+    assert event.data["status"] == "completed"
+
+
+def test_non_dict_data_raises():
+    with pytest.raises(InvalidRequestError):
+        WebhookEvent.from_dict(_api_response(data=["a", "b"]))
+
+
+def test_payload_is_not_mutated():
+    payload = _api_response()
+    snapshot = {
+        **payload,
+        "data": dict(payload["data"]),
+    }
+
+    WebhookEvent.from_dict(payload)
+
+    assert payload == snapshot
+
+
+def test_created_at_parsed_from_iso_string():
+    event = WebhookEvent.from_dict(_api_response(createdAt="2026-01-02T03:04:05Z"))
+    assert event.created_at == datetime(2026, 1, 2, 3, 4, 5, tzinfo=timezone.utc)
+
+
+def test_created_at_accepts_snake_case_key():
+    payload = _api_response()
+    del payload["createdAt"]
+    payload["created_at"] = "2026-07-20T12:00:00Z"
+
+    event = WebhookEvent.from_dict(payload)
+    assert event.created_at == datetime(2026, 7, 20, 12, 0, tzinfo=timezone.utc)
+
+
+def test_invalid_created_at_raises():
+    with pytest.raises(InvalidRequestError) as exc_info:
+        WebhookEvent.from_dict(_api_response(createdAt="not-a-timestamp"))
+
+    assert "createdAt" in exc_info.value.field_errors
+
+
+@pytest.mark.parametrize("livemode,expected", [(True, True), (False, False)])
+def test_livemode_reflects_payload(livemode, expected):
+    event = WebhookEvent.from_dict(_api_response(livemode=livemode))
+    assert event.livemode is expected
+
+
+def test_livemode_string_value_raises():
+    with pytest.raises(InvalidRequestError):
+        WebhookEvent.from_dict(_api_response(livemode="false"))
+
+
+@pytest.mark.parametrize("field", ["id", "type", "data", "createdAt", "livemode"])
+def test_missing_required_field_raises(field):
+    payload = _api_response()
+    del payload[field]
+
+    with pytest.raises(InvalidRequestError):
+        WebhookEvent.from_dict(payload)
+
+
+def test_non_dict_payload_raises():
+    with pytest.raises(InvalidRequestError):
+        WebhookEvent.from_dict("not-a-payload")
+
+
+def test_unknown_fields_are_preserved():
+    event = WebhookEvent.from_dict(_api_response(apiVersion="2026-07-01"))
+    assert event.apiVersion == "2026-07-01"
+
+
+def test_to_dict_round_trips_by_alias():
+    event = WebhookEvent.from_dict(_api_response())
+    dumped = event.to_dict()
+
+    assert dumped["id"] == "evt_123"
+    assert dumped["createdAt"] == datetime(2026, 7, 20, 12, 0, tzinfo=timezone.utc)
+    assert dumped["data"] == PAYMENT_DATA
+    assert dumped["livemode"] is True
+
+
+def test_repr_shows_event_id():
+    event = WebhookEvent.from_dict(_api_response())
+    assert repr(event) == "<WebhookEvent id='evt_123'>"
+
+
+def test_event_type_constants_compare_to_wire_strings():
+    assert WebhookEventType.PAYMENT_COMPLETED == "payment.completed"
+    assert WebhookEventType.INVOICE_PAID == "invoice.paid"
+    assert WebhookEventType.SWAP_SLIPPAGE_EXCEEDED == "swap.slippage_exceeded"
+
+
+def test_event_type_usable_in_conditionals():
+    event = WebhookEvent.from_dict(_api_response())
+    assert event.type == WebhookEventType.PAYMENT_COMPLETED
+    assert event.type != WebhookEventType.PAYMENT_EXPIRED
+
+
+def test_unknown_event_type_still_parses():
+    event = WebhookEvent.from_dict(_api_response(type="payment.refunded"))
+    assert event.type == "payment.refunded"
+
+
+def test_exported_from_package_root():
+    assert shade.WebhookEvent is WebhookEvent
+    assert shade.WebhookEventType is WebhookEventType