hodltotals.com

What It Is

HODL Totals is a cryptocurrency tax and transaction tracking tool maintained by Daring Crypto Ventures LLC. It is a free, open-source Google Sheets add-on rather than an exchange, wallet, or DeFi protocol. Its positioning is clear: it helps self-directed crypto holders organize transaction records and calculate taxes without paying for expensive tax services.

Core Features and Scope

It supports recording transaction dates, transaction IDs, asset inflows and outflows, wallet information, crypto addresses, and real-time price data. It also provides balance reconciliation to verify whether wallet/account balances match the transaction records. For tax calculations, the add-on can calculate gains and losses, short-term capital gains, long-term capital gains, and overall asset balances, using FIFO as the cost basis method. The materials also mention NFT support and DeFi compatibility: in theory, any on-chain event can be tracked, but no specific list of automatically supported chains, protocols, or assets is provided.

Pricing and Security

The official site describes it as free and open-source, released under the MIT License, allowing users to review the code—one of its main advantages. On the data side, transaction data is stored in the user’s own Google Drive/Google Sheets, while scripts run on Google Apps servers. The developer states that they do not directly access data inside users’ Google accounts, and users can revoke authorization. However, it does not custody assets, so exchange-style security concepts such as cold wallets or insurance funds do not apply.

Pros and Cons

Its strengths are that it is free, open-source, and gives users relatively strong control over their data. It is well suited to users who already maintain transaction spreadsheets and want to automate FIFO calculations. Its drawbacks are that it depends heavily on the Google ecosystem, and users still need to manually enter, classify, and reconcile transactions. Its ease of use is not on par with commercial crypto tax platforms. The terms also state that the software is provided “as is,” with no guarantee that calculation results are accurate or complete. Exchange-related factors such as KYC, fiat deposits and withdrawals, trading pairs, leverage, and licensing are either not applicable or not disclosed.

Who It’s For and Access from China

It is best for long-term holders with moderate transaction volume who are willing to maintain their own tax workpapers and value privacy and open-source transparency. It is not ideal for users who need fully automated exchange API aggregation, professional tax advisory services, or localized tax filing support. Access from China is not addressed in the materials. Because it depends on GitHub Pages, Google Sheets, Google Drive, and a Google account, actual usability may be affected by the network environment. Alternatives include commercial crypto tax platforms such as Koinly, CoinTracker, CoinLedger, and TokenTax.