Crypto Tax Software Ranked By DeFi Support And Cost Basis
Koinly, Summ, and Awaken Tax handle LP positions differently. Here is what breaks at each DeFi complexity layer and which cost basis methods matter.
Koinly, Summ, and Awaken Tax handle LP positions differently. Here is what breaks at each DeFi complexity layer and which cost basis methods matter.
STUSDS jumped 2.96pp and USDS jumped 1.34pp in the same week. Determine if this is a protocol-wide DSR increase (persistent) or independent utilization spikes (temporary).
Bitwise charges 0.75% per year while Hashdex cut to 0.25%. Self-custody pays no fund fee but rebalancing spreads add up. Here's when indexing makes sense.
TurboTax removed CSV crypto imports in 2026. Here is how to prepare staking, lending, and LP income externally and file Form 8949 without overpaying or triggering IRS scrutiny.
CoinTracker handles 20,000+ smart contracts but LP tokens break, L2s need manual cleanup, and the $199 tier is the real minimum for DeFi yield tracking.
Uncollateralized crypto loans don't exist in DeFi. Flash loans work only within one transaction. Here's why the model fails and what limited alternatives remain.
Projects flag coordinated airdrop farming via funding graphs, transaction timing, and sequence matching. LayerZero disqualified 803,000 wallets using these methods.
CoinLedger charges $49 to $499 based on transaction count, but DeFi activity inflates that number faster than you expect. Staking rewards, LP deposits, and bridging all count.
BlackRock's $3.4B tokenized money market fund dropped off yield trackers while continuing to accrue. Here is what changed and how to verify independently.
A 1.10pp USDS rate jump on $1.526B TVL analyzed through governance timelines, utilization curves, and contract state to prove causation and build monitoring alerts.
Chainlink now enables financial institutions to connect to Swift's blockchain ledger for 24/7 tokenized payments. Seventeen banks are piloting live transactions.
DeFi replaces banks, brokers, and exchanges with smart contracts. Here's what the primitives actually do, the risks they carry, and what DeFi has proven.
In most exploits, 54% to 93% of funds drain in the first five minutes. Here is the sequence of actions that has actually preserved capital when protocols break.
When your yield position vanishes from DefiLlama or RWA.xyz, you have six hours to distinguish data lag from liquidity freeze. Here's the exact checklist.
Arbitrum leads DeFi, Base leads consumer apps, zkSync leads ZK infrastructure. Here's how TVL, fees, security model, and ecosystem fit determine which L2 you should use.
Most crypto tax software handles exchange trades. Almost none handle rebasing LSTs, LP positions, or multi-chain DeFi correctly. Here is what each platform actually documents.