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Trade, launch and file taxes on Hyperliquid

Tax guides

Short, practical guides for Hyperliquid, HIP-3 and papertrade traders. General information, not tax advice.

The best Hyperliquid tax software in 2026

Comparing PaperTax, Koinly, Awaken, Crypto Tax Calculator and others for Hyperliquid perps, funding, HIP-3, papertrade and HyperEVM, with picks by situation.

Hyperliquid tax in Australia

How Australians report Hyperliquid perps, spot, HLP vaults, HYPE staking and funding for FY 2025–26: capital vs revenue, ATO records and a quick export.

Hyperliquid taxes in the US

How US traders report Hyperliquid perps, spot, HLP vaults, HYPE staking and funding: why 1099s won't cover it, Section 1256, Form 8949 and a quick export.

Hyperliquid tax in the UK

How UK traders report Hyperliquid perps, spot, HLP vaults, HYPE staking and funding for 2025–26: what HMRC says, pooling, sterling values and an export.

Hyperliquid tax in Canada

How Canadians report Hyperliquid perps, spot, HLP vaults, HYPE staking and funding: capital vs business income, ACB, superficial losses and CAD values.

Hyperliquid tax in New Zealand

How New Zealanders report Hyperliquid perps, spot, HLP vaults, HYPE staking and funding: income treatment, Inland Revenue's DeFi view and NZD values.

papertrade tax records

papertrade trades don't show up as token transfers, so most crypto tax tools miss them. How closes, liquidations, PAPER mints, staking and queued profits are recorded.

Tax records for HIP-3 markets

HIP-3 builder markets on Hyperliquid, like trade.xyz, Paragon, Felix and Ventuals, including stock and commodity perps: how they're recorded for tax and exported.

Import Hyperliquid trades into Koinly or Crypto Tax Calculator

Step by step: export Hyperliquid, HIP-3 and papertrade history as a Koinly universal CSV or a Crypto Tax Calculator CSV, and import it without duplicates.

PaperTax vs Koinly for Hyperliquid

How PaperTax and Koinly compare for Hyperliquid perps, HIP-3, papertrade, funding and pricing, and how to use them together for a complete tax report.

Check your wallet

Free preview: your summary, journal and first ledger rows. No keys, no wallet connection.