Gambit

Understanding Your Wallets

Gambit uses a three-wallet system to separate your funds by purpose. This keeps your trading capital, funding balance, and vault investments organized and secure.

Diagram showing three boxes: Main Wallet, Binary Wallet, and Vault Wallet with arrows showing transfer flow.


The Three Wallets

1. Main Wallet

Your funding wallet. This is where money enters and exits the platform.

  • Deposits from the blockchain land here
  • Withdrawals to external addresses go out from here
  • You cannot trade directly from this wallet
  • Tracks your cumulative deposits and withdrawals

Think of it as your bank account on the platform. Money comes in and goes out through here.

2. Binary Wallet

Your trading wallet. This is the wallet used for placing binary option orders.

  • Funds must be transferred here from the Main Wallet before you can trade
  • Available Balance is what you can use for new orders
  • Reserved Balance is locked in open orders or positions
  • Displays your current fee tier, taker fee, and maker fee rates

Think of it as your trading account. Only funds here can be used to buy or sell contracts.

3. Vault Wallet

Your investment wallet. This is used when you invest in vaults.

  • Funds must be transferred here from the Main Wallet before you can deposit into a vault
  • Tracks your vault stakes (active investments)
  • Shows pending deposit/withdrawal requests
  • Displays total asset value across all vault positions

Think of it as your investment account. Funds here are allocated to vault strategies.


Balance Types Explained

Each wallet tracks two balance categories:

Balance TypeMeaning
Available BalanceFunds you can freely use (trade, transfer, or withdraw)
Reserved BalanceFunds locked in open orders, active positions, or pending requests

Total Balance = Available Balance + Reserved Balance

You have $500 in your Binary Wallet. You place a buy order for 200 contracts at $0.50 each. The platform reserves the order cost ($100) plus a fee based on the quantity (200 x fee rate). Your Available Balance decreases by the total reserved amount, and your Reserved Balance increases by the same. If the order is cancelled, the full reserved amount returns to your Available Balance. If the order fills and the actual fee is lower than the reserved fee, the excess is refunded.


Account Overview

The Account Overview panel on the trading page shows your Binary Wallet at a glance:

MetricWhat It Shows
Available BalanceFunds in your Binary Wallet available for new orders
Reserved BalanceFunds locked in open orders or positions
Taker FeeYour current taker fee rate (applied to Market Limit orders)
Maker FeeYour current maker fee rate (applied to Limit orders)
Total EquityAvailable Balance + Reserved Balance

Total Equity reflects your Binary Wallet only. It does not include your Main Wallet or Vault Wallet balances.

Screenshot of the Account Overview panel showing balances and fee rates.


How Funds Flow Between Wallets

Blockchain (USDC)
       |
       v
  Main Wallet  <--- Withdrawals go out from here
       |
       +----------> Binary Wallet ---> Trade binary options
       |
       +----------> Vault Wallet  ---> Invest in vaults

Key rules:

  • You can only deposit/withdraw from the Main Wallet
  • You can transfer freely between any two wallets
  • Trading requires funds in the Binary Wallet
  • Vault deposits require funds in the Vault Wallet
  • All transfers between wallets are instant and free

Real-Time Balance Updates

Your wallet balances update in real-time via a private WebSocket connection. You don't need to refresh the page. When you:

  • Place or cancel an order, your Available and Reserved balances update immediately
  • Receive a deposit confirmation, your Main Wallet balance updates automatically
  • Have a position settle, the proceeds appear in your Binary Wallet instantly

If you see a momentary flicker in balance, this is the system reconciling real-time incremental updates with full state snapshots. Your final balance is always accurate.