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Avalanche Tax Software Compared

Based on C-Chain/P-Chain support, DeFi coverage, and user feedback.

Koinly

Best for Avalanche DeFi
  • ✓ 900+ platform integrations — broadest exchange coverage
  • ✓ C-Chain DeFi support — TraderJoe, Pangolin, Aave tracked
  • ✓ Active community — forum support for troubleshooting
  • − P-Chain (staking) not supported — C-Chain only

See pricing — free preview available.

Try Koinly →

Alternative: CoinLedger

  • ✓ Good Avalanche C-Chain support
  • ✓ Per-wallet cost basis (2025 IRS requirement)
  • − Fewer total integrations than Koinly

See pricing — use code CRYPTOTAX10 for 10% off.

Try CoinLedger →

P-Chain stakers: If you stake AVAX directly on validators (P-Chain), Crypto Tax Calculator supports all three Avalanche chains (C, P, and X).

Avalanche Tax Issues to Know

Three-Chain Complexity

Avalanche has three chains: C-Chain (smart contracts/DeFi), P-Chain (staking/validators), and X-Chain (transfers). Most tax tools only support C-Chain. If you stake directly on validators, you may need to manually track P-Chain rewards.

Staking Rewards

AVAX staking rewards are taxable as ordinary income when received. Validator rewards and delegation rewards follow the same rules. Consider liquid staking (sAVAX) to potentially defer tax events until you sell.

DeFi on C-Chain

TraderJoe, Pangolin, Aave, and Benqi transactions are generally well-supported. LP positions, yield farming rewards, and swaps are all taxable events. Blockpit is an official Avalanche partner for tax reporting.

FAQ

Does Avalanche report to the IRS?

No. Avalanche is a decentralized network and doesn't report user activity. However, centralized exchanges do report, and starting 2025, the IRS requires per-wallet cost basis tracking.

Is AVAX staking taxable?

Yes. Staking rewards are taxable as ordinary income when received (IRS Rev. Rul. 2023-14). The fair market value at receipt becomes your cost basis for future sales.

Which Avalanche chain do tax tools support?

Most tools support C-Chain (DeFi). P-Chain (staking) support is limited — Koinly only works with C-Chain. Crypto Tax Calculator supports all three chains (C, P, and X).

Are TraderJoe swaps taxable?

Yes. Each swap is a taxable event. You recognize gain or loss based on the fair market value of tokens received vs your cost basis in tokens given up.

Sources

Last updated: February 2026