Elliptic vs Koinly

Overview

Elliptic Elliptic provides blockchain analytics, compliance screening, and risk-management solutions covering Solana and 40+ blockchains. It is established compliance infrastructure for institutions. Its tool... Koinly Koinly is a crypto tax reporting and portfolio management platform that supports Solana wallet imports, SPL token tracking, and DeFi activity categorization. It automatically calculates capital gains,...

Community Ratings

Elliptic is rated higher by the MadeOnSol community with 5.0/5 stars across 2 reviews, compared to 4.5/5 for Koinly (4 reviews). That said, ratings only tell part of the story — what matters most is which tool fits your specific workflow.

Pricing & Value

Elliptic uses a paid model, while Koinly is freemium.

Key Features

Elliptic offers 5 features including Blockchain analytics across Solana and 40+ chains, Compliance screening and transaction monitoring, AML/KYC tooling, and 2 more. Koinly counters with 5 features including Automatic Solana wallet import and transaction categorization, Capital gains/loss calculation for SOL and SPL tokens, DeFi, staking, and airdrop income tracking, and 2 more. The right choice depends on which specific features matter for your use case — check the individual review pages for full breakdowns.

Reliability & Health

We monitor both tools around the clock for uptime, SSL validity, and response times. Elliptic currently has a healthy health status with 100.0% uptime over the last 30 days. Koinly is rated healthy with 100.0% uptime. For any tool you trust with your funds, trades, or yield, uptime and speed are non-negotiable.

Strengths

Elliptic's key strengths include established institutional compliance platform, broad multi-chain coverage including solana, trusted by regulated entities. Koinly stands out for most comprehensive solana defi tax coverage available, automatic transaction matching reduces manual work, multi-country tax report generation from one platform. On the flip side, Elliptic's weaknesses include enterprise compliance product, not for retail, while Koinly's main drawback is free tier limited to tracking only — reports require paid plan.