PennyWorks | Full Service‍ Crypto Bookkeeping

DeFi Native

Complex Transactions

Supporting 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.

Accurate to the Penny

Near real time NAV

Calculating NAV, outstanding shares, and performance fees to provide daily liquidity to LPs.

Audit ready statements

Constructing accounting records from the bottom-up directly from the blockchain source data.

Interest accrual accounting

Recognizing unclaimed rewards & accrued interest within NAV calculations.

Custom asset pricing

Configuring asset prices to reflect realistic economic factors such as market impact, held-to-maturity yields, or specific price sources.

Multi currency support

Computing Balance Sheet and NAV using any currency or token as denomination.

Insightful beyond data

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.

Built by DeFi Experts

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.