How to do your Fraxtal (FRAX) taxes with Koinly

Fraxtal (FRAX) is a layer 2 blockchain and EVM equivalent rollup that features smart contract capability, Flox rewards and other unique features. But your FRAX transactions might come with a tax bill. Don't worry, Koinly can help. Here's how.


Follow these steps to sync your Fraxtal (FRAX) data automatically to Koinly:

  1. Open your Fraxtal (FRAX) 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 Fraxtal (FRAX) 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!
Having trouble connecting Fraxtal (FRAX) with Koinly?


What is Fraxtal?
What are FRAX tokens?
Do I have to pay tax on my Fraxtal transactions?
How do I calculate my Fraxtal taxes?