Awaken Tax is a legit crypto tax tool built for on-chain traders, with some of the most detailed Solana parsing available: Jupiter swaps, limit and DCA orders, liquidity pools and staking, plus a claim that it handles more than 99% of swaps automatically. Reports start at $99 for 300 transactions, the highest entry price of the four tools we compare, but every paid plan includes past years.
Risk notice: Crypto trading is high risk and memecoins can go to zero in minutes. Tax software reads your public wallet history and can still get numbers wrong, so check its output before you file. This page is not financial advice or tax advice; only trade what you can afford to lose.
Facts on this page were checked October 23, 2026, from Awaken's own docs and the sources linked below. This is a research-based review built from published docs, not a hands-on trial.
Awaken scores 7.2/10 and ranks fourth in best crypto tax software for Solana, mostly on price and track record rather than Solana capability.
Awaken Tax at a glance
- What it is: a crypto tax tool focused on on-chain activity across dozens of networks.
- Who runs it: founded in 2022 by CEO Andrew Duca; grew from several thousand users in 2023 to over 30,000 in 2024, according to a January 2026 case study by its data provider Allium. That post says Awaken uses decoded data for Solana apps including Jupiter, Meteora and Marginfi.
- Solana import: public address; add each wallet separately.
- Price: free up to 100 transactions (preview only); paid from $99 (pricing).
- Reports: Form 8949, Schedule D, TurboTax and tax report exports.
- Billing: "We charge an annual subscription for access to Awaken, but don't auto-charge you ever."
Awaken pricing (October 2026)
Pricing is set by your transaction count in the current tax year (pricing):
| Plan | Price | Transactions | Adds |
|---|---|---|---|
| Minnow | $0 | 100 | Portfolio tracking, gains preview; no report exports |
| Fish | $99/year | 300 | TurboTax and tax reports |
| Dolphin | $199 / $299 / $399 | 1,000 / 2,500 / 5,000 | Advanced tax settings, performance tracking |
| Whale | $599 / $799 / $999 | 10,000 / 25,000 / 50,000 | Tax lots and tax planning, priority support |
| Full Service | From $3,000/year | Not stated | Dedicated specialist, DeFi tagging help |
"Paid plans include tax reports for current (+ past years)," per the pricing page, and wallets are unlimited on every plan. We found no published refund policy, so ask support before buying if that matters to you.
For bot traders: a year at roughly 40 transactions a day is about 14,600 transactions, which fits Whale at $799 (25,000). Awaken publishes prices up to 50,000, which CoinLedger and Koinly don't.
Solana support
Wallet import
Per Awaken's Solana tax guide: open Accounts, click Add Account, search for Solana, click Add Wallet and paste your public address. If you use several wallets or burner addresses, "add each address separately." Never enter a seed phrase.
What it parses
The same guide covers:
- Jupiter swaps: handled automatically. Limit and DCA orders need their execution timestamps checked.
- Liquidity pools: adding and removing liquidity, with rewards treated as income.
- Staking: classic staking, reward claims and liquid staking swaps such as JitoSOL.
- NFTs: buys, sells and swaps; unfilled bids can be marked non-taxable.
- Airdrops: taxed as income at the USD value when claimed, with Jupiter, Kamino, Drift, WEN, Wormhole and PENGU as examples.
Its headline claim: "Awaken handles more than 99% of swaps automatically." The guide gives no methodology for that number, so treat it as Awaken's own estimate.
Bots and Pump.fun
Awaken's guides don't name Photon, Axiom or Trojan. Bot trades are swaps from a Solana wallet, so they come in through the wallet address; see our Photon taxes, Axiom taxes and GMGN taxes guides for where to find those addresses. Awaken also runs an embedded tax section inside the FOMO app, per its FOMO guide, which says token-to-token swaps are recorded as a disposal plus a purchase. Its Solana pages link a "Pump Fun Taxes" article but don't describe Pump.fun-specific handling; see our Pump.fun taxes guide.
Where Awaken admits limits
Awaken is unusually direct about its weak spots in its Solana guide:
- Perps: "Understanding perps/futures trades by parsing on-chain data is extremely difficult." It tracks open and closed positions but recommends handling perps outside Awaken where possible. That affects Jupiter Perps and Drift traders.
- LP and staking labels: "Occasionally, Awaken may mistakenly label a withdrawal as rewards income." Check LP exits, because a mislabel turns a return of capital into taxable income.
User reviews are thin: Awaken has only two reviews on Trustpilot, both positive, with none in the past 12 months. That's too small a sample to judge accuracy.
Report types
- IRS Form 8949 and Schedule D
- TurboTax and tax report exports
- Tax lots and tax planning (Whale)
- Formatted reports for tax preparers, per Allium's case study
Awaken vs CoinLedger, Koinly and CoinTracker
| Tool | 1,000 tx | Free tier | Past years | Solana depth |
|---|---|---|---|---|
| Awaken | $199 | 100 tx preview | Included | Jupiter DCA/limits, LP, staking, airdrops |
| CoinLedger | $99 | Unlimited import, preview | Per report | Spot swaps, Pump.fun page |
| Koinly | $99 | Import and preview | Per tax year | Jupiter spot, CLMM |
| CoinTracker | $199 | Up to 50,000 tx per wallet | Included | Named dApps, spam not counted |
Prices from each provider's pricing page, checked October 23, 2026.
Awaken and CoinTracker cost the same at 1,000 transactions and both include past years. Awaken documents more Solana DeFi edge cases; CoinTracker has a longer record and a published refund window. For pure memecoin swapping with no LP or staking, CoinLedger or Koinly is cheaper.
How Awaken scores
| Factor | Score | Why |
|---|---|---|
| Price and free tier (30%) | 6.0 | $99 entry; 100-tx free preview; past years included |
| Solana and reporting (30%) | 8.5 | Most detailed Solana DeFi parsing documented |
| Security and track record (25%) | 7.0 | No incident found; younger company, few public reviews |
| Ease of use (15%) | 7.0 | No auto-renew; each wallet added separately |
Weighted rating: 7.2/10. Method: about page.
Verdict
Awaken is the specialist: if your Solana wallets mix memecoin swaps with Jupiter DCA, LP positions and staking, it documents more of that than the others. If you mostly swap memecoins through a bot, you'll pay more here than at CoinLedger or Koinly for the same result. Start on the free tier, check how your trades parse, then decide. Background on the rules: Solana memecoin taxes.
