Koinly missing your Hyperliquid perps? You're not imagining it.

Updated July 2026 · Settled · Not tax advice. Confirm treatment with your tax professional.

Koinly's Hyperliquid integration imports spot transactions and transfers. It does not import perpetual futures fills, funding payments, or liquidations. Users have documented this on Koinly's own feedback board since early 2025, including reports of staking rewards coming through mislabeled. If most of your Hyperliquid activity is perps, most of your activity is simply not in Koinly.

How to check what Koinly actually imported

  1. In Koinly, open your Hyperliquid wallet and look at the transaction count.
  2. On Hyperliquid, open your trade history and compare. An active perps account has hundreds to tens of thousands of fills.
  3. If Koinly shows a handful of deposits, withdrawals, and spot trades while your exchange history shows thousands of fills, you've confirmed the gap.
Why this matters: realized perp PnL is taxable whether or not your software saw it. The IRS expects the numbers; the import gap is your problem, not theirs. Extension filers have until October 15, 2026 for 2025 returns.

The fix: import perps as a CSV

Koinly accepts custom CSV imports. What you need is your complete Hyperliquid fill and funding history converted into Koinly's format, with realized PnL as gains and losses and funding as income and cost rows. You can build this yourself from Hyperliquid's public API (paginate userFillsByTime, handle the per-call limits, categorize each fill), or use a tool that does it.

That's what Settled is. Paste your wallet address, it reads your full history from Hyperliquid's public API in your browser, and generates a Koinly-compatible CSV plus Form 8949 and CoinTracker files. The preview is free, so you can see exactly what Koinly missed before paying anything.

See what Koinly missed. Free.

Paste your address, get your real perps PnL, fees, and funding in seconds. Downloads are $29 per tax year. Nothing is uploaded; the report is computed on your machine.

Check my Hyperliquid wallet →

Related reading

How Hyperliquid perps are taxed: the 2026 guide