How to Keep Hyperliquid Trading Records for Tax Season
A practical checklist of the Hyperliquid trade data you should keep, why CSV exports matter, and how to prepare before tax deadlines.
Why records matter
Tax reporting starts with a complete history of your activity. If you trade on Hyperliquid, that history lives on-chain, but an auditor or accountant still needs it in a readable, consistent format. Waiting until the deadline usually means reconstructing months of activity under pressure.
What to keep
Trade and position history
Keep every fill, including the timestamp, market, side, size, and price. Position changes matter too, because they explain how a result was produced.
Fees, funding and transfers
Funding payments and fees are easy to overlook, yet they affect the final numbers. Deposits and withdrawals help reconcile your records with external accounts.
A consistent CSV export
A single CSV with stable column names is the easiest format to hand to a tax professional. This is what a dedicated exporter is for: it turns raw on-chain activity into a spreadsheet-ready file without manual copy and paste.
A simple routine
- Export your history on a fixed schedule, for example monthly.
- Store exports somewhere you can find them next year.
- Reconcile transfers against your external accounts.
- Review the result before the filing deadline, not on the deadline.
Read-only is safer
You do not need to connect a wallet or grant trading permissions to collect public history. A read-only exporter can build the same report without exposing keys or signing anything.
This article is general information, not tax advice. Rules differ by jurisdiction; consult a qualified professional about your own situation.