Koinly, CoinTracker, and CoinLedger import your Hyperliquid spot trades but skip perp fills, funding payments, and liquidations. If you trade perps, that's most of your taxable activity. Settled reads your full trading history from the exchange and turns it into IRS Form 8949, Koinly, and CoinTracker files.
Nothing gets uploaded. Your browser talks directly to Hyperliquid's public API and builds the report on your machine. We never see your address or your data. If you're technical: the page's code is readable, not obfuscated, so you can verify this yourself.
Active perps accounts generate tens of thousands of fills a year. Settled pulls all of them from Hyperliquid's records. We've tested it on accounts with over 28,000 fills.
Funding isn't a trade and doesn't belong on Form 8949. Settled puts it on a separate income and expense schedule instead of converting it into fake trades.
On every line, proceeds minus basis equals the PnL the exchange itself reported, with fees allocated to basis. Your CPA can verify any row against Hyperliquid.
Perps: each closing fill is a realized event. Proceeds are the close notional. Cost basis is proceeds minus the exchange-reported closed PnL, plus the allocated fee. That means gain or loss equals PnL net of fees and every row reconciles. Perp gains are reported as short-term.
Funding: reported on a separate schedule as income when received and investment expense when paid. It is never mixed into capital gains.
Spot: FIFO lot matching. If you sell coins you deposited from another wallet, there is no Hyperliquid buy to match. We flag those rows with $0 basis so you can fix them from your own records. We don't guess.
To be clear about what this is: a report generator working from public exchange data. Crypto perps have no explicit IRS guidance, and this is not tax advice. Show the output to your tax professional.
Use both. Koinly handles your wallets and exchanges well, but its Hyperliquid integration imports spot and transfers only, not perps. Settled covers the missing part and exports a Koinly-compatible CSV, so it slots into whatever you already use.
No. Trading history on Hyperliquid is public by address. Settled is read-only and runs in your browser. There is no account to create and nothing for us to lose or leak.
The preview is free. Downloads are $29 per tax year at launch pricing, going to $49 in filing season. One payment covers every export format for that year and wallet.
Any Hyperliquid account address, including subaccounts. For API wallets and vaults, paste the master address. This is a new tool: if your account produces something weird, we want to hear about it.
After checkout you get an access link. It re-unlocks your downloads on any device, any time, with no account needed. Save it like a receipt. Lost it? The same link is the URL Stripe returned you to after payment, so check your browser history, or contact us with your Stripe receipt and we'll restore access.