Why OpenPool? 🀿

OpenPool dives deeper into onchain transactions to surface robust reporting insights - so you don't have to

Welcome to OpenPool! πŸ‘‹Β  Leverage our API for high-quality, real-time, financial data pipelines for your unique requirements. Say goodbye to the hassle of cleaning blockchain data and calculating financial metrics - sit back and let us handle it for you!

Choose OpenPool to Propel Your Product & Reporting Tools πŸš€

Processing and navigating blockchain transaction data is time-consuming, while creating accurate onchain reporting demands precision and financial know-how. OpenPool's API allows you to build bespoke financial dashboards and internal reporting to support business operations and customer demands in DAYS, not months. While accounting ledger systems can be viable solutions, OpenPool empowers you to escape the confines of pre-built dashboards and embrace the freedom of solutions tailored to perfectly fit your product needs.

At OpenPool, we pride ourselves in offering a unique approach to data indexing that sets us apart from other providers in the industry (πŸ‘€ the table below for what we meanπŸ‘‡πŸΌ).

  • Ways To Leverage our Data πŸ”₯
    • Tax Reporting: Reduce accountant billable hours and save money by generating inputs for Form 8949, For 1065 Schedule K-1s, Form 1040 and more, including cost basis and short-term and long-term capital gains/losses, DeFi income, and realized P&L.
    • Treasury Wallet Performance Reporting: Keep tabs on your treasury wallet's live and historical performance and gain valuable insights for better decision-making.
    • DeFi Vault Performance Tracking: With volatile token prices, Yields only tell half the story. Track DeFi protocol positions with precision, optimizing your strategy and maximizing profits.
    • Payments Tracking and Reporting: Effortlessly audit and reconcile crypto payments from customers or to employees. Normalize payment histories in USD. Say goodbye to manual Excel spreadsheets!
    • Wallet Provider & dApp Solutions: Offer your users robust real-time or historical token market data and analytics, enhancing user experience to take your product to the next level.
  • How it Works πŸ› οΈ
    The OpenPool process transforms messy blockchain data into powerful financial reporting for customers and service providers. After you register your wallet or smart contract on OpenPool, we automatically process your onchain transactions at scale to ensure it is properly cleaned, normalized and tagged. Then, we enrich it with real-time market data and the financial accounting metrics important to your customer reporting or compliance needs. Finally, we empower you to make unlimited API calls to our endpoints to construct robust internal dashboards, or export reporting straight to your service providers.
  • Why We're Different πŸ’ͺ
    Unlike other data providers that focus on raw blockchain data or current snapshots, OpenPool indexes ALL of your onchain transaction history. This allows us to fully understand the implications of historical trading activity to produce critical accounting & risk management reporting like Time-Weighted Returns, Cost Basis, Lifetime PnL, Gas Fee Attribution, Txs with potential tax implications, and more. Our comprehensive approach allows you to flexibly construct reporting for customers and service providers, getting as granular as you wish. We support Tokens, NFTs, DeFi protocols and smart contracts.
  • Focus on Data Quality πŸ“ˆ
    We seek to provide the most accurate and reliable wallet and smart contract data streaming services out there. For example, we support second-by-second historical pricing data for tokens with the highest trading volumes and we use multiple high-quality sources for data redundancy. We understand how critical data quality is to your product and our team of experts is dedicated to helping you deliver.

Thank you for choosing OpenPool! We're excited to have you on board and look forward to helping you make some big waves!

API Comparison

FieldMoralisZapperZerionOpenPool
Current Balancesβœ…βœ…βœ…βœ…
Historical BalancesβŒβŒβœ…βœ…
DeFi BalancesβŒβœ…βœ…βœ…
DeFi Rewards/Income AccrualsβŒβŒβŒβœ…
Human Readable Transaction HistoryβŒβŒβŒβœ…
Token + NFT Cost BasisβŒβŒβŒβœ…
Time + Dollar Weighted ReturnsβŒβŒβŒβœ…
Realized + Unrealized PnLβŒβŒβŒβœ…
Wallet Bundling / Aggregated AnalyticsβŒβŒβŒβœ…