CoinLedger natively integrates with Hyperliquid to simplify your crypto taxes. By connecting your public wallet address, all of your supported transactions will be imported and classified.
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Importing Your Hyperliquid Transactions
To import your Hyperliquid transactions into CoinLedger, you’ll simply need to import the wallet address you use on the Hyperliquid platform.
Step 1
First, locate your public receive address in the wallet you used to trade on Hyperliquid. This is typically the address associated with your deposits and trading activity.
Step 2
Next, head to CoinLedger. From the Imports page, select Add Account and then search for Hyperliquid.
Step 3
Paste your Hyperliquid wallet address into the box shown below, and then press Connect Wallet to import all of your transactions.
What transaction types on Hyperliquid does CoinLedger support?
CoinLedger supports both spot trades and various perpetual transaction types on Hyperliquid.
Spot Trades
Spot trades are treated as standard taxable events in CoinLedger.
Buy (Spot buy)
Sell (Spot sell)
These transactions will be imported as Trades in CoinLedger, reflecting the acquisition or disposition of crypto assets.
Perpetual Transaction Types
The following perpetual trades are fully supported and will be classified as a profit or loss transaction based on the position's net outcome.
Transaction Type | Description | CoinLedger Classification |
OpenLong | Opening a long perpetual position. | Handled as part of the overall Margin Gain/Loss calculation upon close. |
OpenShort | Opening a short perpetual position. | Handled as part of the overall Margin Gain/Loss calculation upon close. |
CloseLong | Closing a long perpetual position. | Margin Gain or Margin Loss |
CloseShort | Closing a short perpetual position. | Margin Gain or Margin Loss |
LongToShort | Flipping a position from long to short. | Margin Gain or Margin Loss (Represents the combined close of the long and open of the short). |
ShortToLong | Flipping a position from short to long. | Margin Gain or Margin Loss (Represents the combined close of the short and open of the long). |
Note on Perpetual Classification: For futures, derivatives, and perpetuals, CoinLedger records realized gains and losses when a position is closed or flipped. A Margin Gain transaction reflects either a profit or a loss from the position. If the amount is positive, it is added as a profit. If a loss was incurred, the amount will be displayed with a negative sign, as shown in the screenshot below. The system automatically calculates these net figures upon import.
