How do I do crypto accounting on Dymension?

Ingest on-chain transactions, classify with rules, reconcile historical balances, value positions at period end, and export summarized journals to your ERP, with clear treatments for DeFi, swaps, and gas fees.

Does Tulo support DeFi on Dymension?

Yes, major DeFi patterns are supported. Transactions and balances are normalized for reporting and audit.

Can I sync Dymension activity to my ERP?

Yes. Post-reviewed journals can be exported with entity and account dimensions for ERP posting and reconciliation.

Crypto accounting on Dymension | Tulo

Dymension is a network of easily deployable and lightning fast app-chains, called RollApps, built using the Cosmos SDK. It provides infrastructure for launching application-specific rollups that benefit from shared security and interoperability. Dymension enables developers to create custom blockchain applications without the complexity of building infrastructure from scratch. The platform represents the evolution toward application-specific blockchains with shared security and seamless interoperability.

What does crypto accounting on Dymension involve?

Ingesting on-chain transactions into a human-readable general ledger.
Tracking historical token balances and cost basis for realized/unrealized gains.
Classifying DeFi (swaps, LP, staking, bridges) with clear audit trails.
Mapping activity to a chart of accounts for financial statements.

Recommended workflow for finance teams

Connect wallets, custodians, and contracts relevant to Dymension.
Auto-tag common patterns (transfers, swaps, fees) using rules.
Reconcile balances across custody sources and on-chain snapshots.
Review exceptions, assign accounts/entities, and export to ERP.

Common accounting treatments on Dymension

Gas fees: typically expensed; capitalize when attributable to asset acquisition.
Swaps: disposal + acquisition with fair value at execution.
Staking rewards: recognize income upon receipt; track tax lots for disposals.
LP positions: record deposits/withdrawals; value positions to capture P/L.

ERP integration

Export summarized journals to your ERP with entity, account, class, and memo dimensions. Keep IDs consistent across environments to support automated, repeatable syncs.