How to do your dYdX taxes with Koinly

dYdX is a decentralized exchange specializing in perpetual futures contracts for 60+ cryptocurrencies, allowing deep liquidity and low fees. But your dYdX transactions may be taxable. Don't worry, Koinly can help you calculate your dYdX taxes. Here's how.

CSV

Follow these steps to sync your dYdX data automatically to Koinly:

  1. Open your dYdX wallet app
  2. Locate and copy your public address or key

On Koinly:

  1. Create a free account on Koinly
  2. Complete onboarding until you get to the Wallets page and find dYdX in the list
  3. Select API > Paste the public address/key you copied above in the appropriate box
  4. Hit Import and wait for Koinly to sync your data. This can take a few minutes
  5. Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
  6. Go to the Tax Reports page to view your tax liability!
Notes / Limitations

This integration does not yet handle PNL settlements from futures trading. These need to be added manually

Having trouble connecting dYdX with Koinly?

FAQs

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