Rotki is an open-source portfolio management tool designed to provide users with comprehensive tracking, analytics, and accounting capabilities for both cryptocurrency and traditional financial assets. Emphasizing privacy and data sovereignty, Rotki stores all user data encrypted locally on the user's device, ensuring that sensitive financial information remains under the user's control. By integrating data from multiple platforms, blockchains, exchanges, and protocols, Rotki offers a unified and transparent view of one's entire financial portfolio.
Key Features and Functionality:
- Comprehensive Portfolio Tracking: Monitor balances across various platforms, blockchains, exchanges, and protocols, providing a holistic view of your assets.
- Advanced Analytics and Graphs: Analyze historical activities with detailed graphs, offering insights into portfolio performance and asset distribution.
- EVM Transaction Decoding: Decode Ethereum Virtual Machine transactions into human-readable formats, enhancing clarity and understanding of blockchain activities.
- Customizable User Interface: Tailor the application's appearance, main currency, language, and accounting settings to suit individual preferences.
- Profit and Loss Reporting: Perform accounting analyses over any period using customized settings and generate detailed profit and loss reports.
- DeFi Protocol Support: Gain insights into decentralized finance positions, including platforms like Liquity, Aave, Compound, and MakerDAO.
- Data Synchronization: Premium users can back up data to the cloud, enabling synchronization and restoration across multiple devices, with all data encrypted for privacy.
Primary Value and User Solutions:
Rotki addresses the critical need for privacy and transparency in financial portfolio management. By storing data locally and encrypting it, users retain full control over their financial information, mitigating risks associated with third-party data breaches. The open-source nature of Rotki ensures transparency, allowing users and developers to audit and contribute to the codebase, fostering trust and continuous improvement. By consolidating data from diverse financial sources, Rotki simplifies portfolio management, enabling users to make informed decisions without compromising their privacy.