Fund Accounting for 100% of your digital asset transactions, done-for-you, headache-free.
You've come to the right place. Offload your pain to us.
Complex transactions:
Gracefully handling yield farming, staking, looping, and trading of bespoke tokens, pools and vaults.
On-chain & off-chain coverage:
Tracking centralized exchanges, on-chain transactions, OTC trades and manual adjustments (e.g. off-chain rewards) in a unified ledger
NFT support:
Valuing, and tracking NFTs and bespoke DeFi tokens (Uniswap V3 Position NFTs/NFT backed loans)
Tax Optimized:
Applying FIFO, LIFO, HIFO, bespoke lot matching logic, and tracking globally or by wallet.
Audit-Ready Statements:
Constructing accounting records from the bottom-up directly from the blockchain source data.
Near Real-Time NAV:
Calculating NAV, outstanding shares, and performance fees to provide daily liquidity to LPs.
Interest Accrual Accounting:
Recognizing unclaimed rewards & accrued interest within NAV calculations.
Custom Asset pricing:
Configuring asset prices to reflect more realistic economic factors such as market impact, held-to-maturity yields, or specific price sources.
Multicurrency Support:
Computing Balance Sheet and NAV using any currency or token as denomination.
True Yield Calculator:
Calculating money weighted rate of return on a per-position basis to properly isolate source of returns.
Performance Attribution:
Performing scenario and sensitivity analysis to identify portfolio exposure.
Position-level risk:
Monitoring your exposure across chains, protocols & tokens.
Protocol Infrastructure:
Providing API or on-chain broadcast of NAV, and bespoke reporting.
At PennyWorks, we’re founders with deep roots in decentralized finance. After building and managing a successful DeFi fund focused exclusively on high-quality on-chain opportunities, we encountered a critical challenge: existing crypto bookkeeping tools couldn’t keep up with the complexity and scale of our operations.
To solve this, we developed our own comprehensive, robust bookkeeping platform; purpose-built to track performance across a wide range of DeFi activities. As we shared our solution with peers, we quickly realized we weren’t alone in facing these limitations of existing tools.
That’s why we’ve decided to make our platform public; empowering other DeFi investors and operators with the same level of precision, transparency, and control we needed for ourselves.
We offer a white-glove service, along with access to our product & dashboards.
A complete list of wallet addresses and exchange statements/API keys.
We can handle any chain, any protocol, any contract. We specialize in bespoke needs and are happy to provide a quote to support your specific needs.
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