Koinly vs Sphere

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,... Sphere Sphere is a next-generation crypto payments infrastructure platform built on Solana, providing APIs and tools for businesses to accept and process cryptocurrency payments at scale. It targets enterpri...

Community Ratings

Sphere is rated higher by the MadeOnSol community with 5.0/5 stars across 1 review, compared to 4.0/5 for Koinly (2 reviews). That said, ratings only tell part of the story — what matters most is which tool fits your specific workflow.

Pricing & Value

Koinly uses a freemium model, while Sphere is freemium — Free to start. Transaction-based pricing. Enterprise plans available.. Both offer free tiers with paid upgrades, so try each before committing to a paid plan.

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. Sphere counters with 8 features including Comprehensive REST APIs for programmatic payment processing, Hosted checkout pages for no-code payment acceptance, Subscription and recurring billing management, 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. Sphere 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

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. Sphere stands out for developer-first api design enables deep integration into any application, compliance features make it suitable for regulated business use cases, automatic stablecoin conversion protects merchants from crypto volatility.