> For the complete documentation index, see [llms.txt](https://cryptax-official.gitbook.io/ctax-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cryptax-official.gitbook.io/ctax-docs/cryptax-ai-utility-ecosystem/automated-transaction-tracking.md).

# Automated Transaction Tracking

<figure><img src="https://458006096-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FaEjENVhh4YOsi35r6ss5%2Fuploads%2FVZi3h0GtPXx00iyaiPTw%2FBlue%20and%20White%20Project%20Proposal%20-%20Presentation-7.png?alt=media&amp;token=72a562ed-2cec-4d31-9750-430ea70fa722" alt=""><figcaption><p>CTAX - Simplifying Crypto Tax Reporting for Ethereum DEX Users</p></figcaption></figure>

#### **Automated Transaction Tracking**

CryptaxAI simplifies the often-complicated task of tracking every transaction in real time. By accessing Ethereum wallet data directly from the blockchain, CryptaxAI captures every detail of a user's DEX activity, including:

* **Swaps**: Detailed tracking of every token-to-token swap, capturing both entry and exit prices, time stamps, and taxable gains or losses.
* **Liquidity Pool (LP) Transactions**: Monitors the addition and removal of assets from liquidity pools, accurately calculating impermanent loss and any associated capital gains.
* **Staking and Yield Rewards**: Identifies income generated from staking or yield farming activities, categorizing these as taxable income and distinguishing between different types of rewards.
* **NFT and Token Transfers**: Recognizes non-standard transfers, making CryptaxAI one of the few solutions to capture NFT and token transactions on Ethereum that may also be taxable.

**How It Works**: With just a wallet address, the CryptaxAI Bot initiates a complete scan of the user’s transaction history, enabling a hands-free approach to tax tracking. Users simply paste their Ethereum wallet address and instantly access a full transaction ledger without manual input, ensuring precision and eliminating human error.