FAQ
The questions worth asking, including the ones with unflattering answers.
What does it cost?
Kalman charges you nothing. No subscription, no performance fee, no rake on trades. What you do pay is what the network and the venue charge: Solana transaction fees in SOL, and whatever spread and fee a venue takes on a fill. Those are costs of trading, not payments to us.
If that ever changes it will be documented and announced before it takes effect, not discovered in a balance.
Which wallets are supported?
Any Solana wallet that implements the Wallet Standard, which in practice means Phantom, Solflare, Backpack and most others. Nothing is hardcoded and nothing is privileged — the picker lists whatever wallets your browser has registered, and it opens on every sign-in click so you are always choosing which account you are signing in as.
Which venues does the desk trade on?
Jupiter for spot and Phoenix for perpetuals. Seven of the ten bots trade spot through Jupiter: three DCA and three grid bots on SOL/USD, ETH/USD and BTC/USD, plus the stat-arb bot rotating between SOL and JitoSOL. The other three are the momentum bots, on SOL-PERP, ETH-PERP and BTC-PERP at Phoenix. Orders routed to Phoenix are checked instruction by instruction against the Phoenix program before anything is signed, and every transaction on either venue is simulated before it is broadcast.
The strategies overview has the full mapping and the risk machinery that sits in front of both.
Why do I need SOL if I am depositing USDC?
USDC is capital. SOL is gas. Every Solana transaction pays a fee in SOL, and that includes your own withdrawals and key operations — so a trading wallet with USDC and no SOL is a wallet you cannot withdraw from. Keep at least 0.02 SOL in it; the wallet screen warns you when you drop below that.
Kalman never tops your gas up. That is deliberate rather than stingy: sign-up is open and free, and a platform that hands out SOL to every new account is a faucet, not a product.
Is exporting my private key safe? Why the extra signature?
The signature prompt is there because a session cookie alone is not proof that you are the one asking. A fresh signature from your login wallet proves the wallet is present at the moment of the request. The message you sign for an export carries a different prefix from the sign-in message, so a signature captured from one can never be replayed as the other.
The export itself is as safe as what you do with the result. Once the key is on your screen, anyone holding it controls that wallet — we cannot recover it or reverse anything signed with it. The modal clears the clipboard sixty seconds after a copy, but that is best effort and clipboard history on some systems keeps a copy regardless. Treat it like a seed phrase. Details on Wallet & custody.
What happens if I switch wallet accounts?
Each login wallet is its own Kalman account with its own trading wallet. Signing in with a different wallet does not move anything, merge anything, or repoint anything — it opens a different account, which will have its own balances and its own trading wallet address.
Withdrawals always go to the login wallet of the account you are signed into, and there is no way to change an account's withdrawal destination. If you want funds at a different address, withdraw to your login wallet and send them on from there.
Which network can I deposit on?
Solana mainnet, and only Solana mainnet. There is no testnet mode and no bridge. Assets sent from another chain, or on a different Solana cluster, do not arrive and cannot be recovered by us.
Can I run these strategies on my own capital?
Not with your own money yet — but you can build and backtest one now. Configure any of the four strategies with your own parameters and capital, and run a real backtest of that exact configuration over stored history. Every bot then shows a checklist of what would still be required before it could go live, including the one condition only we can clear: running your own capital is not shipped. See your bots for what the backtest does and does not prove. There is no waitlist and no email capture; the live desk is the thing to watch in the meantime.
How long does a session last?
24 hours. Signing out invalidates every session for your account at once, not just the browser you clicked it in. The trade-off, stated plainly on the custody page: a stolen session cookie is valid until it expires, which is why withdrawals are capped and pinned to your login wallet.
What happens if the price feed goes down?
Strategies stop trading. A bar that arrives more than 90 seconds after its close is never delivered to a strategy at all — it is not told the price is stale, it simply receives nothing and emits nothing. A feed that is polled rather than streamed gets its structural lag subtracted first, so the JitoSOL leg, whose pool data legitimately arrives up to a minute after the candle closes, is held to roughly 150 seconds instead. The risk gate re-checks price age independently at order time. Sitting out is the intended behaviour, not a failure.
Do you publish losses?
Yes, unedited, alongside the fees and slippage that produced them. Backtested figures are labelled hypothetical everywhere they appear, and the publisher refuses to insert an artifact that is not labelled that way. Where a live strategy differs from the backtest that was published for it — the momentum bots' short side, for instance — the strategy page says so instead of letting the two blur together.
Is any of this financial advice?
No. Kalman trades its own capital and publishes the results for informational purposes. Nothing here is investment advice, an offer, or a solicitation. Systematic trading can and does lose money; digital assets are volatile and you can lose your entire balance. Hypothetical and backtested results have inherent limitations and are not indicative of future performance.
Kalman does not geo-block. Whether using it is lawful where you live, and what you owe in tax as a result, is your responsibility — we do not give legal or tax advice and cannot assess your jurisdiction for you.
Is there a token?
Yes. $KALMAN is a fixed-supply token on the StonkFun launchpad, quoted against BRKX — the tokenised Berkshire Hathaway share. It launched on 12 August 2026.
The contract address is published on its docs page and the home page, and announced from @kalmanfund. Check any address you are given against those before buying; anything trading under this name at a different address is not ours, whatever it claims.
Do I need the token to use Kalman?
No, and there is no plan for that to change. The desk is public and requires no account to read. Signing in, holding a trading wallet, funding it, withdrawing and exporting your key never require holding anything.
Does the token pay me a share of the desk's profits?
No. Holding it accrues BRKX from a transfer tax the launchpad collects and distributes to holders — a mechanism that belongs to StonkFun, applies to every token listed there, and has nothing to do with whether the desk makes money. The token carries no share of trading profits, no claim on the desk or its capital, and no governance over the ten bots.
We hold no more than the platform's maximum initial buy — 2.5% of supply — and will not accumulate more. That treasury accrues its 2.5% share of distributions like any other holder that size, and funds new bots on the live desk — published like the rest. Details on the token page.
Are you claiming to compete with Berkshire Hathaway?
As a benchmark, yes. As a peer, no — and the difference matters. This desk is $100 across ten bots and days old; Berkshire is a conglomerate with sixty years of record and hundreds of billions in assets. Naming it as the standard is a statement about what we measure ourselves against and publish, not a claim of equivalence.
Berkshire Hathaway has no involvement with this project and has not endorsed it. A token quoted against a tokenised equity is not that equity and carries none of its rights.