Swaps increase Cost Basis

Koinly Support
1

Describe the problem:
Both Swaps and Liquidity In/Liquidity Out transactions still increase cost basis with Realize gains on liquidity transactions? unticked.
This causes my cost basis to rise rapidly when entering and leaving liquidity pools to rebalance between staking and liquidity provision.
E.G. Adding OSMO to a liquidity pool in January 2022 at peak price caused a cost basis increase compared to the purchase price despite being marked as a swap or Liquidity In with the setting unticked.

Which exchange/wallet is this regarding?
Osmosis

How did you import data into this wallet?
API & CSV

What have you tried to fix this so far?
Deleting whole wallet and remaking
Marking Liquidity in/out Transactions as Swaps
Toggle setting on and off
Restart Gains option in settings

2

Hey @Rami :wave:

Hmm, interesting indeed. Without having a look into the account it would be difficult to determine exactly whats happening.

Are you able to get in touch via live chat or support@koinly.io? Feel free to ask for me in your message and it will be diverted to me - be sure to include this thread in the message. I will then analyse the transactions and get a second opinion internally if necessary. :+1:

Best,
Ali :rocket:

3

Support answered, Swap tag does not currently work in UK, no ETA.

Manually overwriting all Liquidity In and Liquidity Out transactions costs with the starting cost basis.
Place solved.