Awaken Tax is crypto tax software for DeFi, NFTs and exchange trades, supporting 55+ countries. Free to preview; paid plans start at $99/year.
Researched and fact-checked by Bartu Cavusoglu · Updated October 26, 2026
Awaken Tax is a web-based crypto tax platform that collects transaction data from wallets, blockchains and exchanges and turns it into tax reports. It is built by Accrue Finance Inc. and aimed at people with heavy onchain activity, including DeFi users, NFT collectors and multichain traders. The company says more than 40,000 people use it.
Beyond the self-serve product for individuals, Awaken offers tools for businesses, a Full Service option where a team handles taxes, a Tax API for embedding reports in other products, and an Agents feature. Reports are supported for 55+ countries, with the United States, Canada, Australia and the United Kingdom among those listed.
Users add their activity by connecting exchange APIs, uploading CSV files or entering wallet addresses. Awaken then reconciles the data, including internal transfers between a user's own wallets, so those movements are not counted twice. The company says its AI handles more than 10,000 dapps, covering liquidity providing, staking, bridging and swaps.
Next, the software applies a cost basis method chosen by the user, such as FIFO, LIFO, HIFO, average cost or adjusted cost basis. Cleanup tools help fix transactions that need attention. The result is a set of gains, losses and income figures, which can be previewed for free and downloaded as reports once a paid plan is active.
The core of the product is accurate cost basis tracking and tax form generation. Awaken produces IRS Form 8949 and Schedule D for U.S. filers, international reports, and a comprehensive audit report, with exports to TurboTax and TaxACT. It also lists a double-entry ledger, transaction sorting and cost analysis for reconciliation.
Other capabilities include tax-loss harvesting, which highlights unrealized losses that could offset gains before year-end, and Awaken Bridge, which moves a tax history from another tool. Security claims include SOC-II compliance, read-only API keys and encryption in transit and at rest. Support is provided by crypto-native staff, with priority support on the top plan.
Awaken Tax is crypto tax software that imports transactions from wallets, blockchains and exchanges, calculates gains and losses, and generates tax reports. It is built with DeFi, NFTs and multichain activity in mind and supports 55+ countries.
Awaken has a free Minnow plan with no report exports, then paid annual plans: Fish at $99/year, Dolphin at $199-$399/year and Whale at $599-$999/year. Price depends on transaction count in the current tax year. Full Service Bookkeeping starts at $3,000/year.
Yes. The Minnow plan costs $0 and includes portfolio tracking, a capital gains preview and email and chat support for up to 100 transactions. Users can view their tax summary for free and pay only when they want to download tax reports.
Awaken lists exchanges such as Coinbase, Binance, Kraken and Gemini, and wallets such as MetaMask, Phantom, Ledger and Trezor. It also supports blockchains including Ethereum, Solana, Bitcoin and Hyperliquid. Data can be imported by API, CSV or wallet address.
For U.S. filers it generates IRS Form 8949 and Schedule D, and the site also mentions 1099B reports. It also supports Canada (CRA reporting) and the U.K. (HMRC capital gains reports), with exports to TurboTax and TaxACT.
Awaken states that it is SOC-II compliant and that API keys are read-only, so it cannot move funds from your accounts. Data is encrypted in transit and at rest, and reports can be downloaded locally or shared with trusted tax professionals.
Yes. Awaken Bridge migrates a full tax history, including wallets, transactions, edits and notes, from other crypto tax tools. The company describes this as taking minutes.
Yes. Awaken offers a business solution for startups and funds covering digital asset bookkeeping and portfolio reconciliation, and a Full Service plan with a dedicated crypto tax specialist starting at $3,000/year.