PennyWorks

What PennyWorks is

PennyWorks provides valuation and accounting for funds holding digital assets, producing NAV, financial statements, and tax lots from transaction-level activity. It builds double-entry books from onchain, exchange, and OTC records, with figures traceable through reports and journal entries to transactions, then reconciled against onchain snapshots. NAV reports cover period flows, income, realised and unrealised gains, and management, administration, and incentive fees; incentive fees use a high-water mark adjusted for capital flows. Reports can arrive through a dashboard, API, file, or onchain, as often as daily after human review. Portfolio Analytics shows holdings, net-worth changes, leverage, returns, liquidation proximity, and income by protocol, chain, or asset. The DeFi Markets view compares lending-market measures and models looped yields at a chosen leverage; the company says this is research, not advice or a forecast. Its RWA due-diligence project presents research sources alongside answers and leaves gaps visible. It is described as early access, with free database access at launch for waitlist members. PennyWorks serves DeFi investors and operators, with its NAV service aimed at digital-asset funds. Pricing is on request.