Do I need an API key, or an account?
No, and there is nowhere to enter one. Robinhood Chain's public RPC answers everything this needs, free. That is also why there is no sign-up: there is no server on our side to sign up to.
Does it ever want my private key or seed phrase?
Never. It only reads public chain data, so a key would have no use here. Anything that asks you for a seed phrase to compute a tax figure is not computing a tax figure.
Why is my coverage not 100%?
Because some of your history genuinely is not on the chain. A transfer in with nothing paid could be income, a gift, or your own unregistered wallet — and only you know which. Those land in the correction queue with the reason. Answering one keeps it answered.
Where does the ETH rate come from?
Out of the chain. WETH and USDG legs are matched across a shared pool — one contract taking one token and paying the other inside a single transaction — and the median of the matched swaps becomes the rate. Inside a five-second window they agree to 0.03% at the median, and within 0.1% nine times in ten. Where they disagree by more than 3%, those legs stay unpriced.
Which cost-basis method should I use?
That is your accountant's call and your jurisdiction's rule, not ours. What this shows is the consequence: on the worked example, the same sale produces a gain 970.76 USDG apart depending on the method. Eligibility varies by country and we will not quote a rule we cannot verify.
How long does a full history take?
About two minutes: 134 seconds, measured on a wallet with 45 transactions across its whole history. The longest stage is reading an ETH rate off the pools for each stretch of blocks the wallet traded in. Bound it with --recent=N to scan only the last N blocks, but a sale of anything bought before that window has no lot: it is marked UNMATCHED and holds the report open.
What if my wallet is very active?
There is a hard wall. The node refuses any query matching more than 10,000 logs, and below a 500-block window there is nowhere left to narrow to. Vrismcost stops and says which range defeated it — it does not truncate and hand you a shorter history that looks complete.
What happens if I lose the passphrase?
The recovery code opens the vault and rotates itself. Lose both and the contents are gone. That is the same property that means nobody else can read the file either — write the recovery code on paper.
Is this tax advice?
No. It computes figures from public chain data and records you supply. Rates, eligibility and treatment are yours to confirm against current regulation where you live, with someone qualified.
Not tax, legal or financial advice · Figures are computed from public chain data and records you supply · Confirm treatment where you live