Photon vs Koinly

Overview

Photon Photon is a high-speed Solana trading terminal purpose-built for active traders, memecoin enthusiasts, and anyone who needs the fastest possible execution in Solana's fast-paced token markets. The pl... 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

Photon is rated higher by the MadeOnSol community with 4.5/5 stars across 4 reviews, compared to 4.0/5 for Koinly (1 review). That said, ratings only tell part of the story — what matters most is which tool fits your specific workflow.

Pricing & Value

Photon uses a freemium model — Free to use with 1% platform fee on buy and sell transactions. Fee reduced to 0.9% with referral., while Koinly is freemium. Both offer free tiers with paid upgrades, so try each before committing to a paid plan.

Key Features

Photon offers 8 features including Memescope for real-time new token launch detection, One-click fast swap execution with minimal latency, TradingView-style integrated charting with multiple timeframes, and 5 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. Photon 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

Photon's key strengths include fastest new token detection among solana trading terminals, integrated trading eliminates context switching between charting and execution, built exclusively for solana with deep chain-level optimization.