Koinly vs Raydium
Last updated: April 6, 2026
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|---|---|---|
| Rating | (0) | (0) |
| Pricing | Freemium | Free |
| Health | Healthy | Healthy |
| Chain | multi chain | solana only |
| Open Source | ||
| Features | 5 features | 8 features |
| Upvotes | ▲ 0 | ▲ 1 |
| Twitter Followers | 5,528 | 452,595 |
| Categories | Portfolio Trackers, Analytics & Charts | DEXs & Swaps |
| Description | Crypto tax calculator and portfolio tracker with full Solana support | Leading AMM and liquidity protocol powering Solana DeFi |
Pros & Cons
Koinly
- Most comprehensive Solana DeFi tax coverage available
- Automatic transaction matching reduces manual work
- Multi-country tax report generation from one platform
- Free tier limited to tracking only — reports require paid plan
- Complex DeFi positions sometimes require manual adjustment
Raydium
- Core Solana infrastructure — most new tokens launch with Raydium liquidity
- Concentrated liquidity pools offer significantly higher capital efficiency
- Deep liquidity across major trading pairs ensures low slippage
- Strong tokenomics with RAY staking rewards and fee sharing
- Open-source protocol with active developer ecosystem
- User interface is less polished than competitors like Jupiter or Orca
Koinly vs Raydium: Which Should You Choose?
Overview
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,... Raydium Raydium is one of the original and most important automated market makers (AMMs) on Solana, serving as core liquidity infrastructure for the entire ecosystem. As both a DEX and liquidity provider, Ray...
Community Ratings
Both Koinly and Raydium hold similar community ratings, suggesting users find comparable value in each. Your choice should come down to specific features, pricing, and ecosystem fit rather than overall score.
Pricing & Value
Koinly uses a freemium model, while Raydium is free — Free to swap. Trading fee is 0.25% split between LPs, RAY buyback, and treasury. Pool creation fee applies.. Raydium has the edge for budget-conscious users, though Koinly's paid tier may offer features worth paying for.
Key Features
Koinly offers 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. Raydium counters with 8 features including Standard AMM pools and Concentrated Liquidity (CLMM) pools, Default liquidity venue for Pump.fun token graduations, Token creation tool for deploying new SPL tokens with liquidity, and 5 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. Koinly currently has a healthy health status with 100.0% uptime over the last 30 days. Raydium is rated healthy with 100.0% uptime. For tools you rely on daily — especially trading bots or wallets — uptime and speed are non-negotiable.
Strengths
Koinly's key strengths include most comprehensive solana defi tax coverage available, automatic transaction matching reduces manual work, multi-country tax report generation from one platform. Raydium stands out for core solana infrastructure — most new tokens launch with raydium liquidity, concentrated liquidity pools offer significantly higher capital efficiency, deep liquidity across major trading pairs ensures low slippage. On the flip side, Koinly's weaknesses include free tier limited to tracking only — reports require paid plan, while Raydium's main drawback is user interface is less polished than competitors like jupiter or orca.
The Verdict
While Koinly (Portfolio Trackers) and Raydium (DEXs & Swaps) serve different primary purposes, users often consider both when building their Solana toolkit. We recommend trying both — Koinly is free to start and Raydium is free to start. Read user reviews on each tool's page for real-world feedback from the Solana community.