How do I do crypto accounting on Perennial?

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 Perennial?

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

Can I sync Perennial activity to my ERP?

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

Crypto accounting on Perennial | Tulo

Perennial is a blockchain platform optimized for perpetual and derivatives trading applications in decentralized finance. It provides infrastructure specifically designed for complex financial instruments and advanced trading strategies. The platform focuses on institutional-grade derivatives trading with sophisticated risk management and settlement mechanisms. Perennial aims to bring traditional derivatives markets to the decentralized finance ecosystem.

What does crypto accounting on Perennial 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 Perennial.
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 Perennial

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.