Awaken

Hi Product Hunt! Last year, my co-founder Yash and I paid hundreds of dollars for several crypto tax products that didn’t work, only to spend days manually reviewing transactions to make sure they were labeled correctly. Those platforms would’ve been fine a few years ago, when all we did was buy and sell Bitcoin, Ethereum, and various tokens on exchanges. But now we (and millions of other people) are doing blockchain transactions - staking NFTs, providing liquidity, bridging, lending, etc. - that are way more complex, and those crypto tax products built 4–5 years ago can’t handle them. So we decided to work with a bunch of crypto CPAs and build a better solution. Now, just in time for tax season this year, we’re launching Awaken Tax: https://awaken.tax/ Here’s how it works: We collaborate with numerous data providers (Alchemy, Nxyz, Helius, Hatchfi, Moralis, Covalent, Etherscan, SnowTrace, CoinGecko, and many more) to gather as much indexed blockchain data as possible. We stitch all the data together to gain insight into every transaction on each chain being used. When users add their accounts, we pipe their transactions through a tax engine that we built from the ground up on top of a double ledger. This allows us to reconcile the majority of transactions automatically. To streamline the process even further, we incorporated a rules engine that automatically labels transactions as you label them. It's not perfect and we don’t support every single thing yet (we’re being thoughtful around which integrations we add, going deep in our support for each instead of adding everything and sucking at them), but having tried several competitors I’m proud to say that Awaken is already the most accurate, fastest, and easiest-to-use crypto tax software available right now. - We support all the largest chains: Ethereum, Polygon, Avalanche, BNB Chain, Optimism, Arbitrum, and Solana. - We integrate with all the major exchanges like Coinbase, Kraken, Binance, Gemini, and Kucoin and offer spreadsheet upload support for 100+ more (Bitfinex, Crypto.com, Gate.io, etc.). - We’re the only DIY software I’ve tried that captures and identifies all of your token, NFT, and DeFi transactions and calculates the cost basis correctly for everything. - Our smart software learns as you use it. When you label 1 transaction, 30+ others are often automatically labeled for you, saving you hours of time. - Users can stay anonymous - only emails are required to sign up for the platform. We never ask users to connect their wallets or type in their private keys. - We generate all of the crypto tax reports that U.S. citizens need for TurboTax, their CPA, or whatever tax software they’re using (Form 8949 and Form 1040) to file their personal taxes. - Signing up, adding accounts, and viewing transactions and tax summaries is 100% free. Only pay when it's time to download your tax reports. If you haven’t done your crypto taxes yet, sign up using this link (https://awaken.tax/?ref=producthunt) or use code producthunt to unlock 300 free transactions on Awaken. We’d love to hear your honest feedback on Awaken. What do you like about it? What should we improve? What questions do you have? See you in the comments or email me anytime at andrew@awaken.tax!

These guys build out new integrations faster than anyone else, and provide the best customer support. Cannot recommend enough.

I still haven't done my taxes. This will save me from prison...looks great, a lot of big builder energy!