How to calculate your DeFi taxes with Koinly
Koinly offers automated wallet tracking for the most popular DeFi protocols across Ethereum, Solana, Binance Smart Chain, Polygon, and other EVM-compatible chains, letting you calculate your DeFi taxes accurately - even for degens.
Automatically import DeFi transactions including liquidity transactions, staking, and lending
Support for 3000+ DeFi protocols like Uniswap, PancakeSwap, Curve, and Lido
Just enter your public address to sync
How to import your DeFi transactions into Koinly
Log in to Koinly and go to wallets
Select the blockchain you're using - for example, Ethereum
Enter your public address - you can find this in your browser extension or app, just make sure you've selected the correct network
Hit import and watch your DeFi transaction data pour in!
You'll need to do this for all the wallets (and blockchains) you use to import your complete DeFi transaction data.
How Koinly calculates your DeFi taxes
Koinly imports your transaction data via API - all it needs is your public address from the wallet you use.
Once you've entered your public address, Koinly automatically imports your transaction data for that wallet, for all the different DeFi protocols you may use. Koinly automatically tags the majority of liquidity, staking, and lending transactions, allowing it to calculate your gains, losses, income, and more.
Given the ever-evolving DeFi ecosystem, there are instances where you'll need to manually adjust or tag some transactions. You can find a wealth of information about dealing with these transactions in our help center.
Which DeFi protocols does Koinly support?
Koinly supports more than 3000+ DeFi protocols across 80+ smart contract capable blockchains, including the most popular DeFi platforms like:
Sky (formerly MakerDAO)
And hundreds more...
