7 Best CoinTracker Alternatives for DeFi & Multi-Chain in 2026

Updated February 18, 2026 - Revised for current IRS guidance and multi-chain DeFi activity.

Key takeaways

• Blockstats is the best CoinTracker alternative in 2026

• CoinTracker is suitable for basic portfolios but struggles with advanced DeFi and multi-chain activity.

• Blockstats stands out for traders who need high-accuracy, multi-chain, DeFi-first tax reporting.

CoinTracker works well for simple buy-and-hold portfolios. But in 2026, crypto taxes are no longer simple. DeFi protocols, multi-chain wallets, and airdrops have made accurate reporting significantly harder. For that reason, many traders are looking for the best CoinTracker alternatives for DeFi and Multichain.

We tested seven leading platforms to see which ones actually deliver on accuracy, DeFi support, and value for US taxpayers. After hands-on testing with complex transactions including Uniswap LP tokens, cross-chain bridges, and NFT trades, we will break down the top alternatives based on features, pricing, and technical capabilities for 2026.

7 Best CoinTracker alternatives in 2026

What is CoinTracker?

CoinTracker is a crypto portfolio tracker and tax reporting platform founded in 2017. The software connects to exchanges and wallets to track holdings, calculate gains and losses, and generate tax reports. While it's one of the most recognized names in crypto tax software, it has limitations with DeFi protocols and premium pricing for high-volume traders.

Why you need a CoinTracker alternative in 2026

Crypto activity has evolved faster than most tax tools. DeFi introduces complex transaction types, liquidity pool deposits, reward harvesting, bridging assets across chains, and wrapped token conversions. These are often misclassified by basic software. Multi-chain wallets further complicate cost-basis tracking, especially when assets move between networks. Even the platform's pricing also scales steeply, reaching $1,999/year for portfolios with high transaction counts.

For US investors, these inaccuracies matter. Incorrect classifications can lead to mismatched totals on Form 8949, incorrect capital gains on Schedule D, and discrepancies with exchange-issued 1099-DA forms. That’s why many users now look beyond CoinTracker to DeFi-first alternatives.

1. Blockstats (Best Overall for DeFi & Multi-Chain Accuracy)

Blockstats is an AI-powered crypto tax software and portfolio tracker built specifically for modern traders dealing with DeFi, NFTs, and multi-chain portfolios. Unlike traditional trackers, it emphasizes transaction-level accuracy, ensuring complex activity is classified correctly before tax forms are generated.

Pros

• Advance DeFi support handles Uniswap LP tokens, bridge transactions, wrapped token conversions, and complex protocol interactions without misclassification

• AI-powered tax optimization identifies missed loss harvesting opportunities that reduce tax liability

• Built by crypto traders and tax professionals, ensuring solutions for actual trading challenges

• Supports FIFO, LIFO, and HIFO cost-basis methods

• Generates IRS-ready Form 8949 and Schedule D within minutes

Cons

• Blockstats does not accept cryptocurrencies like Bitcoin and Ethereum as payment. 

• Best value unlocked at paid tiers

Why is Blockstats the best CoinTracker alternative?

Blockstats stands out as the best crypto tax software because it actually works with complex transactions instead of forcing manual corrections. The platform's AI automates data entry and it actively finds tax savings through loss harvesting and deduction identification. 

For taxpayers, this means accurate Form 8949 and Schedule D generation with TurboTax compatibility, all while tracking portfolio performance in real-time. The $99/year Pro plan offers exceptional value for active traders managing up to 5,000 transactions annually.

2. CoinLedger

CoinLedger is a user-friendly crypto tax platform trusted by investors worldwide. The software focuses on simplicity and ease of use, making it accessible for crypto newcomers and casual traders. 

CoinLedger offers integrations with hundreds of exchanges and provides optional professional tax services for those who prefer hands-off reporting.

Pros

• Easy-to-use interface with quick onboarding

• Free portfolio tracking and imports

• Generates IRS-compliant tax reports

• Good customer support availability

Cons

• Limited DeFi functionality struggles with LP rewards, yield farming, and complex protocol interactions

• Manual adjustments are often required for multi-chain activity

• Basic cost basis tracking doesn't match the minute-level precision needed for high-frequency DeFi trading

3. Koinly

Koinly is a globally popular crypto tax platform known for its exchange and blockchain coverage. It allows users to import wallets via APIs or CSV files and provides capital gains calculations aligned with tax requirements.

However, users frequently report issues with transaction labeling, especially for liquidity pool interactions, token migrations, and cross-chain transfers. These inaccuracies don’t invalidate the reports but often require manual fixes to ensure cost basis, and gains are calculated correctly.

Pros

• Broad exchange and blockchain integrations

• Different pricing tiers

• Supports NFTs, staking, and margin trading

• Free plan for portfolio tracking

Cons

• Frequent transaction mislabeling, especially with DeFi protocols and cross-chain activity

• Historical pricing gaps for less common tokens lead to inaccurate valuations

• Manual reconciliation is required for accuracy

Checkout: free crypto tax calculator →

4. Bitcoin.Tax

Bitcoin.Tax is one of the oldest crypto tax platforms, originally founded in 2013. The software focuses on straightforward tax reporting for traditional cryptocurrency transactions across major exchanges. 

While it's been in the market longer than most competitors, its limited blockchain support and lack of advanced DeFi features make it less suitable for modern multi-chain portfolios.

Pros

• Simple setup for minimal transactions

• Free plan for small portfolios covering users with fewer than 20 transactions per year

• Established platform with over a decade of crypto tax reporting experience
  
  

Cons

• Limited blockchain support with no clear documentation of supported chains beyond Ethereum

• No DeFi or NFT functionality, making it unsuitable for yield farming, LP tokens, or protocol interactions

• No tax-loss harvesting features are missing opportunities to optimize tax liability

5. TokenTax

TokenTax is both crypto tax software and a full-service accounting firm offering premium services for complex portfolios. The platform caters to high-net-worth individuals, crypto businesses, and those who prefer professional accountants handling their taxes. TokenTax provides enterprise plans and dedicated tax preparation services.

Pros

• Handles complex portfolios and large transaction volumes

• Customer support at every tier, including basic plans

• Strong audit and compliance support in premium plans

Cons

• Expensive pricing starting at $65 for 100+ transactions

• No free version, unlike most competitors

• Overkill for simple portfolios with pricing targeting professional-level needs

6. Awaken 

Awaken is a crypto tax platform focused on DeFi and multi-chain. The software handles transactions including yield farming, NFT trades, and cross-chain activity. Awaken positions itself as a solution for traders frustrated by traditional tax software's DeFi limitations.

The ecosystem is smaller than more established platforms. While it performs well for supported chains, users with diverse wallets or less common blockchains may encounter integration gaps. 

Pros

• DeFi protocol supports handling complex yield farming and liquidity pool transactions

• Multi-chain tracking across Solana, Ethereum, and other major blockchains

• Free trial available to test DeFi tracking before purchasing

Cons

• Limited niche protocol coverage for extremely new or obscure DeFi platforms

• Advanced reporting features are still being refined for extremely high-volume portfolios

7. ZenLedger

ZenLedger is a crypto tax solution commonly used by CPAs and users preparing for audits. The software emphasizes audit support and integration with tax professionals, making it popular among users concerned about IRS scrutiny. 

ZenLedger offers TurboTax compatibility and provides audit defense features. The platform's most advanced features are reserved for higher pricing tiers. 

Pros

• Audit support features, including documentation and professional assistance

• DeFi, staking, and NFT support in higher-tier plans

• Its dashboard interface is relatively user-friendly

• Tax-loss harvesting reports identifying offset opportunities

Cons

• Paid support requirement costing extra $600 for live assistance in the Unlimited Plan

• Less suitable for active DeFi traders

• A complicated user experience with a steep learning curve is reported by users

Checkout: free crypto profit calculator →

What key features should I look out for when choosing crypto tax software? 

Here are the key features you should look for when you are picking up crypto tax software for Defi and multichain.

• Ease of use: A clear dashboard, intuitive transaction review, and simple error resolution reduce the time needed to prepare tax reports, especially for users managing multiple wallets and exchanges.
• Automatic import: Look for API-based imports for exchanges and wallet address syncing for blockchains. Reliable auto-import reduces manual CSV uploads and minimizes missing or duplicated transactions.
• DeFi and NFT support: The software should correctly classify DeFi transactions such as liquidity pool deposits, yield farming rewards, airdrops, and NFT trades. Poor DeFi handling often leads to misreported income and incorrect cost basis calculations. Platforms like Blockstats are built specifically for DeFi tax reporting, avoid these failures.
• Pricing: Pricing should scale reasonably with transaction volume and portfolio complexity. Free plans are useful for testing accuracy, while paid tiers should justify advanced features. Blockstats paid plain starts just with $59/year for 1000 transactions.
• Trades supported: The platform should support spot trades, staking rewards, margin trading, derivatives, NFTs, and DeFi protocol interactions across multiple chains.
• Customer support: Responsive support is critical during tax season, particularly when resolving misclassified transactions or reconciling large portfolios.
• IRS Form generation: Compliant tax software must generate Form 8949, Schedule D, and integrate with TurboTax, CPA workflows or other filing platforms. Review the IRS crypto tax forms requirements to ensure your software produces proper documentation.

Which CoinTracker alternative is best for US Investors?

For US investors, Blockstats is the best CoinTracker alternative crypto tax software for accuracy while staying compliant with IRS rules.

• High-volume or DeFi traders benefit most from Blockstats.

• Casual holders prefer CoinLedger, Blockstats, or Bitcoin.Tax for simplicity.

• Budget-focused users can choose Blockstats or Koinly for broad coverage at a lower price.

• CPAs and audit-focused users typically lean toward ZenLedger or TokenTax.

Conclusion

CoinTracker remains useful for basic crypto portfolios, but it lacks the complexity. Blockstats is the overall best alternative to CoinTracker in 2026, especially for DeFi and NFTs. The tax software offers a practical balance between automation, transparency, and affordability, making it a strong option for CoinTracker alternatives.

Get started with crypto tax software

If you’re ready to simplify crypto taxes without sacrificing accuracy, Blockstats offers a free plan to get started. Connect your wallets and exchanges, track your portfolio, and generate IRS-ready reports.

Join 2,000+ traders who switched to Blockstats for accurate DeFi tracking and real tax savings.

Frequently asked questions

What is the best crypto tax software for DeFi?

Blockstats is the best crypto tax software for DeFi with AI-powered optimization, cost basis tracking across 15,000+ tokens, and protocol support for LP tokens, bridges, and complex transactions that other platforms misclassify.

What is the best way to file crypto tax in the US?

The best way to file crypto taxes is using automated software like Blockstats that connects to your exchanges and wallets. Then calculates cost basis with FIFO/LIFO/HIFO methods, and generates your tax reports, eliminating manual spreadsheet errors.

Can I automate portfolio tracking and tax reporting?

Yes. Most modern tools automatically sync wallets and exchanges, calculate gains and losses, and generate tax reports with minimal manual input.

Which CoinTracker alternative is best for different trading styles?

Blockstats is overall the best CoinTracker alternative for different trading and investing styles in the US and globally.

What is a cheaper alternative to CoinTracker?

Blockstats' cheapest plan starts at $59/year for 1000 transactions. It offers better value at $99/year vs CoinTracker's $199. Koinly $49-$199 and CoinLedger $49-$199 offers cheaper options for basic portfolios, though they lack features like DeFi accuracy and AI-powered insights.