How to do your Soneium taxes with Koinly
Soneium is a layer-2 Ethereum protocol, powered by Optimism's Superchain. But if you have Soneium transactions, you may have a tax bill. Koinly can help, you just need to import your transaction data. Here's how.
Follow these steps to sync your Soneium data automatically to Koinly:
- Open your Soneium wallet app
- Locate and copy your public address or key
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Soneium in the list
- Select API > Paste the public address/key you copied above in the appropriate box
- Hit Import and wait for Koinly to sync your data. This can take a few minutes
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
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FAQs
What is Soneium?
Soneium is a Layer 2 blockchain solution developed by Sony Block Solutions Labs, utilizing Optimism's Superchain technology to enhance Ethereum's scalability and performance. Launched in January 2025, Soneium aims to provide a comprehensive Web3 infrastructure, with a focus on dApps and NFTs. The platform offers faster transaction processing and reduced fees by handling data processing off the Ethereum Layer 1 network. In conjunction with Soneium, Sony has introduced services like S.BLOX, a rebranded crypto asset exchange platform, and a Fan Marketing Platform that leverages NFTs to enhance fan interactions.
Is Soneium safe?
Soneium is a secure Layer 2 blockchain developed by Sony Block Solutions Labs, leveraging Optimism’s Superchain to inherit Ethereum’s proven security while enhancing scalability. Backed by Sony’s expertise in technology and cybersecurity, it offers enterprise-grade protection, reduced transaction costs, and faster processing. While the network itself is highly secure, users should remain cautious when interacting with third-party smart contracts and applications to avoid potential risks.
Does Soneium provide tax documents?
No, but you can use crypto tax software like Koinly to calculate your Soneium taxes and generate your tax documents. Just add your Soneium address and Koinly will import your transaction data, calculate profits and losses, and generate your tax forms.