Finance & Economics / Blockchain & Crypto

HD Wallet Derivation Path Calculator

SLIP-44 registered coin types

Usually 0 for first account

Sequential address number

HD Wallet Derivation Paths

HD (Hierarchical Deterministic) wallets use derivation paths to generate multiple addresses from a single seed phrase using BIP-32.

Path Format:

m / purpose' / coin_type' / account' / change / address_index
  • m: Master key (root)
  • purpose': BIP standard (44/49/84/86)
  • coin_type': Cryptocurrency (0=BTC, 60=ETH, etc.)
  • account': Account number (usually 0)
  • change: 0=receive, 1=change addresses
  • address_index: Sequential address number

Note: Apostrophe (') indicates hardened derivation

Common Standards:

  • BIP-44 (m/44'): Legacy addresses
  • BIP-49 (m/49'): SegWit wrapped (P2SH)
  • BIP-84 (m/84'): Native SegWit (Bech32)
  • BIP-86 (m/86'): Taproot (P2TR)

Examples:

  • m/44'/0'/0'/0/0 - First Bitcoin legacy address
  • m/84'/0'/0'/0/0 - First Bitcoin SegWit address
  • m/44'/60'/0'/0/0 - First Ethereum address
  • m/44'/118'/0'/0/0 - First Cosmos address