Managing multiple wallets
One Interstate account can hold multiple wallets. Each wallet is independently funded, independently addressable, and trades independently. Use them to separate bankrolls, isolate strategies, or split size across a single trade.
Wallet switcher
Top of every page, in the header: the wallet switcher. Click to:
- See all wallets on the account with balances
- Switch the active wallet (trades and withdrawals use the active wallet)
- Open the wallet management panel
On Monad, the switcher is a separate control — Monad and Solana wallets are listed per chain.
Create a new wallet
Wallet switcher → Add wallet → give it a name.
A new Turnkey-backed wallet is provisioned. You get:
- A fresh Solana address
- A fresh Ethereum / Monad address
Private keys stay inside the Turnkey enclave — see Turnkey wallet security.
Rename a wallet
Wallet switcher → wallet row → Rename. Purely a label for you; doesn't touch the address.
Set a primary wallet
One wallet per account is the primary. The primary is what pre-fills:
- The fiat onramp destination address
- The deposit address when the app first opens
- The default active wallet on login
Wallet switcher → wallet row → Set as primary.
Delete a wallet
Wallet switcher → wallet row → Delete.
::: danger Deleting is not reversible inside the app Before deleting, move funds to another wallet (redistribute) or withdraw externally. If you delete a wallet still holding funds, recovery requires the exported private key — see Wallet import & export. Export first if you're unsure. :::
Redistribute funds
Move SOL (or MON) between your own wallets without paying withdrawal fees to the network for nothing. Wallet settings → Redistribute.
Pick:
- Source wallet(s)
- Destination wallet(s)
- Amount per destination, or split strategy
You pay normal on-chain transfer gas per hop, but no Interstate withdrawal fee — this is a transfer between accounts you own.
Use redistribute to:
- Consolidate dust before a withdrawal
- Spread a large deposit across wallets for multi-wallet trading
- Rebalance after one wallet took the full hit on a trade
How many wallets should you have
| Use case | Count |
|---|---|
| Simple trader, one bankroll | 1 |
| Separating real from experimental | 2 |
| Multi-wallet trade splitting | 5–10 — see Multi-wallet trading |
Above 10, the app still works but trade splitting becomes slower and the per-wallet minimum (~0.0035 SOL) means tiny balances get skipped.
Chains per wallet
Each wallet holds both a Solana address and an EVM (Monad) address — one wallet, two chains. You don't create "a Monad wallet" separately.
When you redistribute SOL, you move SOL between Solana addresses. When you redistribute MON, you move MON between Monad addresses. Same wallet set, different chain.
Import external wallets
Alongside Interstate-created Turnkey wallets, you can import a Solana or EVM private key / mnemonic and trade from it. Imported wallets:
- Appear in the same switcher
- Can be set as primary
- Are required to get real MEV protection on Solana
See Wallet import & export for the full import flow.
What to do next
- Split a trade across wallets → Multi-wallet trading
- Import an existing wallet → Wallet import & export
- Understand the wallet security model → Turnkey wallet security