Reporting Polygon Taxes with Awaken


Polygon is one of the most popular and affordable Ethereum-compatible blockchains, widely used for DeFi, gaming, NFTs, and low-cost token transfers. With direct wallet integration in Awaken, syncing your Polygon transactions takes just seconds β no CSVs, no hassle.
Whether you're trading tokens, farming yield, collecting NFTs, or bridging assets from Ethereum, Awaken automatically pulls your transaction history and generates a complete, audit-ready crypto tax report.
β Step-by-Step: Connecting Your Polygon Wallet to Awaken
To connect your Polygon wallet:
Go to the Accounts tab on Awaken
Click Add Account
Type Polygon in the search bar
Click Add Wallet
Paste your public EVM wallet address (starts with 0x)
Awaken will instantly begin syncing your activity from the Polygon blockchain β including trades, transfers, NFT transactions, yield farming, and DeFi protocol rewards.
π Note: Because Polygon is an EVM-compatible chain, adding your 0x wallet address will also allow Awaken to detect activity across other EVM chains that use the same address β including Ethereum, Arbitrum, Optimism, Base, Avalanche, BNB Chain, Blast, and more.
π What Awaken Tracks on Polygon
Awaken supports a wide range of Polygon-based activity, including:
Token swaps on popular Polygon DEXs like Quickswap, Uniswap, and Sushiswap
NFT minting, purchases, and sales (via OpenSea, Magic Eden, etc.)
Yield farming, staking, and liquidity provisioning
Layer 1 to Layer 2 bridges (e.g., Ethereum β Polygon transfers)
Wallet-to-wallet transfers
DAO and governance transactions
No manual tagging is needed β Awaken automatically classifies your transactions and applies tax rules for your region.
π Next Step: Add Your Other Exchanges and Wallets
To ensure your tax reports are accurate and complete, connect all of your wallets, exchanges, and on-chain accounts to Awaken before you start your tax return.
Return to the Awaken Integrations Hub to find instructions for every platform youβve used. Once every transaction is accounted for, youβre ready to do your crypto taxes with confidence.
π How Polygon Activity is Taxed
Depending on your local tax laws, your Polygon transactions may result in:
Capital gains or losses when you sell, trade, or swap tokens
Income tax from staking rewards, airdrops, farming yields, or token incentives
Deductible expenses, such as gas fees and bridge costs (if allowed in your jurisdiction)
Awaken applies your countryβs specific tax rules and generates the correct forms and reports. To explore what applies in your location, check out: π Global Crypto Tax Landscape 2025
π Summary
Awaken supports direct integration with Polygon, no CSVs needed!
Automatically imports token swaps, NFTs, bridges, DeFi activity, and more
Polygon wallet addresses also sync data from other EVM chains if used
All activity is categorized under your local tax rules
Stay fully compliant with automated, audit-ready crypto tax reports