DeFi crypto tax, handled
DeFi is where most crypto tax tools fall apart: swaps on a DEX, supplying to a lending market, adding and removing liquidity, and claiming rewards all create taxable events that never touch a centralised exchange. Coinfig reads them straight from the chain.
What Coinfig handles
- DEX swaps (Uniswap, PancakeSwap, Curve and others) classified as crypto-to-crypto disposals
- Lending and borrowing flows (Aave, Compound, Morpho) with interest treated as income
- Liquidity-pool deposits and withdrawals, including the tokens you receive back
- Staking and reward claims valued in rand at receipt
- Gas fees captured against the right transaction
Scope & coverage
Coinfig ingests on-chain activity across 21 networks including Ethereum, BSC, Polygon, Arbitrum, Optimism, Base, Avalanche and Solana. Highly novel or unlabelled contracts may need a quick review — you stay in control of how they are classified.
Frequently asked
Does Coinfig handle DeFi for South African tax?
Yes. Coinfig reads your DeFi activity directly from the blockchain across 21 networks and classifies swaps, lending, liquidity and rewards for a SARS report. This is general information, not tax advice.
How is DeFi taxed in South Africa?
Each on-chain disposal (including crypto-to-crypto swaps) is a capital or revenue event, and rewards or interest are usually income at their rand value on receipt. Coinfig applies FIFO cost basis to disposals.
Which chains does Coinfig read for DeFi?
Ethereum, BSC, Polygon, Arbitrum, Optimism, Base, Avalanche, Sonic and Solana among 21 supported networks, plus major UTXO and non-EVM chains.
This page is general information, not tax advice. Confirm your position with a registered tax practitioner.