Even the most complex DeFi taxes made simple

Automated wallet tracking for chains like Ethereum, Binance Smart Chain and Polygon make calculating tax easy and accurate, even for degens with complex portfolio’s.

  • Recognises DeFi lending, staking and liquidity pools

  • Support for DEXs like Uniswap, Pancake Swap and Curve

  • Simply type in your wallet address to sync

Simply enter your wallet address to import your DeFi transactions

Type your public address into Recap to start syncing your activity from the blockchain.

  • Integrations for Ethereum, Binance Smart Chain and Polygon

  • Import an unlimited number of transactions

  • Super fast!

Import wallet


Complicated tax scenarios like staking, liquidity pools and loans made simple

Recap automatically categorises and calculates the tax on complex DeFi transactions.

  • Automatically calculate gains from your staking positions

  • Support for DEX's like Uniswap, Sushiswap and Curve

  • Automatic calculations for liquidity pools

Feature image

Accurate DeFi tax calculations based on the latest regulations

There’s not always a definitive answer when it comes to DeFi taxes but Recap’s intuitive software ensures you take a consistent approach in line with HMRC guidance.

  • Taxable events and change in beneficial ownership automatically identified

  • Capital or income in nature

  • On the pulse with new DeFi regulation so you don’t need to be

An illustration of a checklist and judge's gavel alongside the HMRC logo.

Read our UK DeFi Tax Guide

A detailed insight into crypto tax written by UK accountants


Is DeFi trading taxable in the UK?

Yes. In most tax jurisdictions DeFi activity is taxable. HMRC have issued detailed guidance on the tax treatment of DeFi activity which we summarise in our DeFi tax guide.

Is Recap’s Ethereum integration really automated?

Yes, Recap's Ethereum integration is fully automated. Connect your wallet by pasting in your public wallet address, and your transactions will be fetched and updated in almost real-time.

Do tax authorities know about my DeFi activity?

It's likely that tax authorities like HMRC and the IRS know about some DeFi activity. Although many DeFi protocols don't require KYC, it's possible to link user activity between accounts and wallets. Users engaged in DeFi should be compliant with the tax rules of their jurisdiction.

What is DeFi?

DeFi, short for Decentralised Finance, operates on blockchains like Ethereum and Solana, using smart contracts to automate transactions, making activities such as trading, borrowing, lending, and liquidity pools more accessible to global users.

Does Recap support all blockchains?

Recap supports all blockchains by CSV or manual entry and has automated integrations for Ethereum, Binance Smart Chain and Polygon. Check out all our integrations.

Why is DeFi tax so complicated?

DeFi tax is complicated because different tax treatments apply depending on whether the nature of the transaction is capital or income and whether beneficial ownership of the token changes. This has to be considered carefully for individual transactions as it varies depending on the different smart contracts and mechanisms employed by the blockchain or protocol.

Calculate taxes across your whole crypto portfolio with Recap