How to do your ShimmerEVM (SMR) taxes with Koinly

ShimmerEVM is a fast, ready-to-use smart contract chain built on Shimmer. It serves as a universal bridge, enabling seamless and feeless value transfers between different smart contract chains. But if you're transacting with SMR, you might have a tax bill. Fortunately, Koinly can help, here's how.


Follow these steps to sync your ShimmerEVM (SMR) data automatically to Koinly:

  1. Open your ShimmerEVM (SMR) 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 ShimmerEVM (SMR) 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
  • Some cross-chain deposits of SMR are not reported by the API, and will therefore need to be added manually
  • Liquidity providing for concentrated protocols needs to be adjusted manually
Having trouble connecting ShimmerEVM (SMR) with Koinly?


What is ShimmerEVM?
What are SMR tokens?
How do ShimmerEVM taxes work?
How do I calculate ShimmerEVM taxes?