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How Ethereum transactions work in Recap
How Ethereum transactions work in Recap

Understanding your Ethereum wallet transactions in Recap

Ben Shepheard avatar
Written by Ben Shepheard
Updated over a week ago

Click here to learn how to add a wallet to your account.

Identifying asset transfers

We identify all incoming and outgoing asset transfers related to a wallet address, including ETH (both standard and ‘internal’), ERC-20 tokens, ERC-721 NFTs and ERC-1155 NFTs and tokens.

Default transaction types

Outside of special cases handling, Recap defaults to the following behaviour:

  • Single incoming asset ⇒ Deposit

  • Multiple incoming assets ⇒ Deposit (Multi)

  • Single outgoing asset ⇒ Withdrawal

  • Multiple incoming assets ⇒ Withdrawal (Multi)

  • Incoming and outgoing assets ⇒ Swap

Transfers

Transfers of single assets between Ethereum wallets will get automatically reconciled into a Transfer transaction. This will be expanded to exchange accounts in a future release.

DEX Liquidity pooling transactions

Recap also has special handling for liquidity pooling transactions.

  • Liquidity increase ⇒ Liquidity (Increase)

  • Liquidity decrease ⇒ Liquidity (Decrease)

  • Liquidity collect ⇒ Liquidity (Collect)

These liquidity pooling transactions will create a notional asset that represents the claim the position represents. These are identified as ‘Uniswap V3 Liquidity (UNIV3)’ (or equivalent) assets.

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