Your wallet & assets
Your Kohana wallet is the running record of what you own on the platform. It tracks each asset separately and shows how your funds are split between what you can use right now and what's currently committed.
Balance states
At any moment, your funds sit in one of three states:
| State | Meaning |
|---|---|
| Available | Free to trade or withdraw right now. |
| Reserved | Set aside to back your open orders that haven't filled. |
| In escrow | Committed to trades that have matched but not yet settled. |
When you place a limit order, the funds it needs move from available to reserved. When the order fills, those funds move into the market's escrow until the market resolves.
Cancel an unfilled order and its reserved funds go straight back to available.
Why your "available" can look lower than expected
If you have resting orders or open positions, part of your balance is reserved or in escrow. That's working capital, not lost money. It returns to available when orders cancel, positions close, or markets settle.
Denomination
Markets are denominated in a specific asset, most commonly USDC. Prices, your stake, and your payout are all in that market's unit.
Your portfolio view also rolls everything into an aggregate US-dollar value, so you can see your overall position at a glance.
Kohana shows the correct unit per market automatically, with no hidden currency conversions in the trade screen.
Supported assets
| Asset | Networks | Role |
|---|---|---|
| USDC | Polygon, Solana | Dollar-stable; what most markets use |
| USDT | Polygon, Solana | Dollar-stable; the other stablecoin |
| POL | Polygon | Bet in POL-denominated markets |
| SOL | Solana | Bet in SOL-denominated markets |
Whatever you bet in, you don't need a separate token for fees, Kohana covers the network costs of betting and settlement.
Account status and your wallet
Your wallet follows your account status:
- If your account is suspended or under a compliance review, trading and withdrawals may be paused. Existing positions are preserved.
- If your account is closed, the wallet stops accepting new exposure but is retained for audit purposes.
You'll always be told in-app when a status change affects your funds.