Polymarket vs Koinly

Overview

Polymarket Polymarket is the world's largest prediction market platform, where users trade on the outcomes of real-world events spanning politics, sports, crypto, and culture. Each market lets participants buy a... 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

Both Polymarket and Koinly 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

Polymarket uses a free model, while Koinly is freemium. Polymarket 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

Polymarket offers 5 features including Tradable markets on politics, sports, crypto, and culture, Solana access via Jupiter integration for low-fee trading, USDC settlement for stable-denominated outcomes, 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. Polymarket 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

Polymarket's key strengths include largest prediction market with deep liquidity across many markets, low-fee solana access through the jupiter integration, stable usdc settlement avoids volatile-token exposure. 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.