Is there a SQL Trace like utility for Sybase? HELP!

I am having some problems where everytime (only in the last few days) where a particular application process is causing a drop in the connection, typical "CT_LIB Connection marked dead". We are importing files when this occurs, but there is nothing to suggest the format is any different as it was days ago Is there a way to see the SQL calls this is making on the backend (similar to MSSQL's sqltrace)?
The error log does not tell us much at all.
Any ideas about this? And also, some suggestions on how to troubleshoot this problem. Thanks in advance for assistance!