Firedancer vs Koinly

Overview

Firedancer Firedancer is an independent Solana validator client built from scratch in C by Jump Crypto. Capable of processing over 1 million transactions per second on commodity hardware, Firedancer represents o... 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

Koinly is rated higher by the MadeOnSol community with 4.0/5 stars across 1 review, compared to 0.0/5 for Firedancer (0 reviews). That said, ratings only tell part of the story — what matters most is which tool fits your specific workflow.

Pricing & Value

Firedancer uses a free model, while Koinly is freemium. Firedancer has the edge for users who want a no-cost solution, though Koinly's paid features may justify the investment for power users.

Key Features

Firedancer offers 5 features including Independent Solana validator client in C, 1M+ TPS on commodity hardware, Live on mainnet with 50,000+ blocks produced, 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. Firedancer 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

Firedancer's key strengths include critical for solana's client diversity, best-in-class performance (1m+ tps), backed by jump crypto's resources. 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.