Unchained
Bitcoin Accounting

Unchained + Clams

Descriptor

Unchained provides collaborative custody with 2-of-3 multisig vaults. Clams tracks your vault using the wallet descriptor exported from Unchained. Your custody arrangement stays intact while you get full accounting visibility and capital gains tracking.

What Clams tracks

  • All addresses from your multisig vault
  • Incoming and outgoing transactions
  • Individual UTXOs with cost basis
  • Transaction fees paid
  • Capital gains on each spend

How it works

01

Export vault configuration

Log into Unchained, navigate to your Vault, and download the wallet configuration file (.json) from Vault tools.

02

Convert to descriptor via Sparrow

In Sparrow, select File > Import Wallet > Unchained Caravan Multisig. Then copy the Output Descriptor from Settings > Script Policy.

03

Add descriptor in Clams

Create a Descriptor connection with the Clams CLI. Replace the descriptor value in the command below with your exported descriptor.

$ clams connections create --label my-unchained --kind Descriptor --configuration '{"descriptor":"YOUR_DESCRIPTOR"}'
04

Sync transaction history

Import all vault addresses and transaction history. Re-run anytime to pull the latest activity.

$ clams connections sync --label my-unchained
05

Generate journal entries

Process your imported transactions into accounting journals with the command below.

$ clams journals process

Resources

Setup guide

Step-by-step guide to connecting your Unchained vault

Frequently asked questions

What data does Clams import from Unchained?

Clams imports all addresses from your vault descriptor, incoming and outgoing transactions, UTXOs, and calculates cost basis per UTXO. Your collaborative custody setup remains intact.

Does Clams access my private keys?

No. Clams uses watch-only access via the wallet descriptor. Your keys remain with you and Unchained in the 2-of-3 multisig. Clams can only view transactions, not spend funds.

Can I track multiple Unchained vaults?

Yes. Add each Unchained vault separately in Clams using its descriptor. Each vault gets independent tracking and reporting.

Does Clams support multisig wallets?

Yes. Unchained vaults are 2-of-3 multisig. Export the vault configuration from Caravan, convert to standard descriptor format using Sparrow, then add to Clams.

How do I get capital gains reports from my Unchained transactions?

Export your vault descriptor and add it to Clams. Clams calculates cost basis for every UTXO and tracks capital gains when you spend. Export reports for tax preparation from the Exports widget.

Start tracking your Unchained vault

Install Clams and connect your vault in minutes.

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