--- title: "Hyperliquid (HyperEVM)" description: "Add your HyperEVM address and Recap turns your on-chain swaps, DEX liquidity and HyperCore bridging into one filing-ready tax report." --- # Automated Hyperliquid (HyperEVM) Crypto Tax Calculator Add your HyperEVM address and Recap turns your on-chain swaps, DEX liquidity and HyperCore bridging into one filing-ready tax report. A HyperEVM address rarely tells a simple story. On-chain swaps sit next to Uniswap-style liquidity deposits. Gas is paid in HYPE rather than a stablecoin. Moving value to Hyperliquid's order book, HyperCore, produces a transaction that never shares a hash with the leg it pairs with. Read as a flat list, none of it lines up into a year of gains and losses. Recap reads your HyperEVM address directly, classifies each swap, liquidity move, bridge leg and gas payment by default, and applies the rules for your jurisdiction. This page covers how that classification works and how to get your history in. > **Disclaimer** > > The information provided in this content does not endorse HyperEVM. Furthermore, it does not constitute tax advice. If anything financial or tax-related is unclear, speak to a qualified tax professional. You can also share your Recap account with your accountant or tax adviser directly. ## Why HyperEVM tax is difficult to work out by hand HyperEVM only joined Hyperliquid's mainnet in February 2025. A block explorer gives you the raw calls but very little of the tax context behind them. A few things make it hard to reconcile without help: Swaps and liquidity look like contract calls. A trade through a HyperEVM DEX shows up as a token transfer plus a contract interaction, not as the disposal it actually is. Adding or removing liquidity from a pool looks the same way. Bridge legs do not share a transaction hash. Moving value between HyperCore and HyperEVM produces two separate transactions on two separate systems. Nothing on either side visibly connects them, so it is easy to record a bridge deposit as unexplained income. Gas is paid in HYPE. Every transaction fee disposes of a small amount of HYPE, and those disposals are easy to leave out of a cost-basis calculation entirely. ## How to add your HyperEVM account to Recap HyperEVM imports into Recap from your public address. Add it, and Recap reads your on-chain activity automatically, including swaps, liquidity moves, transfers, bridge legs and gas, without ever needing a private key. HyperEVM sits alongside your other accounts rather than replacing them, so a Hyperliquid (HyperCore) account you already hold needs adding separately. If anything looks wrong after the first sync, let us know through Support. [Connect Hyperliquid (HyperEVM)](https://recap.io/integrations/[object%20Object]) ## How are HyperEVM transactions taxed? Tax treatment depends on the transaction type and where you are tax resident. Here is how Recap classifies the main HyperEVM activity by default. ### Token swaps and DEX liquidity Recap treats a swap on a HyperEVM DEX as disposing of what you sell and acquiring what you buy, the same as any crypto-to-crypto trade. Depositing into or withdrawing from a Uniswap-style liquidity pool is treated the same way. ### Bridging between HyperCore and HyperEVM A transfer to or from one of HyperCore's system addresses is recognised as a bridge leg, not an ordinary disposal. The same value is moving between two representations of your own holdings. When you have also added your Hyperliquid (HyperCore) account, Recap matches the two legs by owner, asset, amount and time. The pair is then recorded as one transfer instead of two unrelated ones. ### Gas paid in HYPE Every HyperEVM transaction spends a small amount of HYPE on gas. Recap treats that as a disposal of the HYPE spent. It also adds the fee to the cost basis of the transaction it relates to. That way it is counted once as a cost and never silently dropped. ### Airdrops and other on-chain rewards A token claimed through an airdrop contract is recorded as an acquisition rather than income by default. [Our UK guide](https://recap.io/guides/crypto-tax-uk-a-comprehensive-guide) treats an airdrop as income only when it is received in return for a service, while [our US guide](https://recap.io/en-US/guides/us-crypto-tax-guide) generally treats an airdrop as ordinary income on receipt. Recategorise the transaction in Recap if the US position applies to you. This table shows Recap's default classification for common HyperEVM transactions. It is not an exhaustive schedule or a ruling. Treatment depends on your circumstances and jurisdiction, and you can recategorise any transaction where yours differ. Confirm your position with a qualified tax adviser. Refer to [our tax guides](https://recap.io/guides/crypto-tax-uk-a-comprehensive-guide) for a more detailed look at crypto tax rules. ## What we decode on HyperEVM that a block explorer does not Recap parses Uniswap V2 and V3-style pool events directly. A swap or liquidity deposit on a HyperEVM DEX is read as the trade it is. It is not left as a raw token transfer, or a bare contract call. A deposit or withdrawal whose counterparty is a HyperCore system or asset-bridge address is flagged as a bridge candidate. Matching was improved in a later release so that native HYPE transfers between HyperCore and HyperEVM pair up more reliably. A bridge leg then lands as a single transfer rather than two unexplained ones. An inbound token with no matching outbound value, sent through a recognised claim contract, is read as an airdrop rather than a generic deposit. It then gets the acquisition treatment above automatically. ## What's in your HyperEVM tax report Recap turns your HyperEVM activity into a single tax report. Swaps and liquidity moves are treated as the disposals and acquisitions they are. HyperCore bridge legs and self-transfers are excluded, and gas fees are counted as disposals and attached as costs. Capital gains, losses and income are worked out under the rules for your jurisdiction. HyperEVM is a separate integration from Hyperliquid's order book, HyperCore. If you trade on both, add each as its own account and Recap keeps the two histories straight while still matching the transfers between them. [Connect Hyperliquid (HyperEVM)](https://recap.io/integrations/[object%20Object]) ## FAQs ### Are HyperEVM transactions taxable? Yes. Recap treats on-chain swaps and DEX liquidity moves as capital gains disposals by default, and gas paid in HYPE as a disposal too. Transfers between your own addresses and bridging to HyperCore are not disposals. Your exact position depends on where you are tax resident. ### How do I import my HyperEVM account into Recap? Add your public HyperEVM address and Recap reads your on-chain activity automatically, without ever needing a private key. Your history then stays current as you keep transacting. ### Is bridging between HyperCore and HyperEVM taxable? No, by default. Recap recognises a transfer to or from a HyperCore system address as a bridge leg, not a disposal. It matches this against your Hyperliquid (HyperCore) account when you have added both. ### Does Recap handle gas fees paid in HYPE? Yes. Recap treats each gas payment as a disposal of the HYPE spent. It also adds the fee to the transaction's cost basis, so neither your gains nor your cost basis are understated. ### Is HyperEVM the same as Hyperliquid (HyperCore)? No. HyperEVM is Hyperliquid's general-purpose EVM chain, while HyperCore is its order-book exchange. Recap treats them as separate accounts, so add each one you use to get a complete report. --- Canonical HTML: https://recap.io/integrations/hyperevm Site map: https://recap.io/sitemap.xml ยท AI manifest: https://recap.io/llms.txt Any page listed above is available as Markdown by appending `.md`, or by sending `Accept: text/markdown`.