Best DeFi Tools in the Middle East

Summ's reconciliation engine offers extensive on-chain DeFi monitoring, expertly analyzing smart contract data to track and classify transactions across a multitude of protocols. This encompasses activities such as liquidity pool deposits and withdrawals, yield farming, lending and borrowing on platforms like Aave and Compound, decentralized exchange swaps on Uniswap and Curve, cross-chain bridge transactions, staking, and wrapped token conversions. With support for over 3,500 integrations, it accurately prices more than 300,000 tokens, including liquidity provider and receipt tokens. The user-friendly reconciliation process highlights any discrepancies, while automated smart suggestions manage categorization seamlessly. Summ also assesses the tax consequences of each DeFi action, applying the appropriate cost basis and income treatment relevant to your jurisdiction, including the Least Tax First Out method. Users can import and track their data for free, while subscription plans offer in-depth DeFi tax reports, tax loss harvesting capabilities, and documentation ready for audits.

Make tax reporting easy, reliable and accurate with Koinly. Simply connect your exchange accounts / public addresses and let Koinly calculate your capital gains, then generate a tax report for next year. Your final report is accepted by your tax agency and easy to print & file. Koinly is an accounting and tax reporting software for cryptocurrency investors, hobbyists and accountants. With over 700 integrations, Koinly supports over 400 Exchanges, 100 Wallets and over 170 Blockchains. This makes it easier for you to get the most out of your crypto capital gains. All your transactions in one place No more going back and forth between different accounts and wallets. Easily sync your data to Koinly and get a complete picture of all your trading activity. Easily track your crypto assets & taxes View your total holdings and portfolio growth over time - across all your wallets and accounts - along with your tax liabilities. Easily find and fix issues with your transactions Say goodbye to absurd gains and inaccurate tax reports. Koinly is packed with tools to help you find problems with your transactions. Reliable cryptocurrency tax reports Preview your capital gains and taxes for free and generate tax documents.