Funding Your Profile
Generate or import wallets and deposit funds to start trading with Sumo.
Before you can start trading, you need wallets with funds. Sumo doesn't hold your funds in a central pool — each wallet is a real on-chain address that you fund directly.
Step 1: Generate or Import Wallets
You need at least one wallet to start trading. Sumo gives you several ways to set up wallets.
Generate Wallets
Sumo can create wallets for you automatically:
- Navigate to your profile's Wallets page
- Click Create Seed — Sumo generates a secure BIP-39 mnemonic phrase and encrypts it immediately
- Choose how many wallets to derive from the seed
- Click Generate
Each wallet gets a unique on-chain address derived using BIP-44 HD derivation. You can generate more wallets from the same seed at any time.
Import Wallets
If you already have wallets you want to use:
- Import a seed phrase — Enter your 12 or 24-word mnemonic and Sumo derives wallets from it
- Import private keys — Paste individual wallet private keys directly
Seed Security
All seed phrases and private keys are encrypted at rest using AES-256-GCM with keys stored in a hardware security module (HSM). They never exist in plaintext in Sumo's application database. See Security & Encryption for details.
Step 2: Fund Your Wallets
Send funds directly to your wallet addresses. Each wallet's public address is visible in the Wallets dashboard.
What to Deposit
For Solana profiles:
- SOL — Required for transaction fees and trading
- Your token — If running sell-side strategies
For EVM profiles:
- Native asset (ETH, BNB, etc.) — Required for gas fees
- Your token — If running sell-side strategies
How to Deposit
- Copy a wallet's public address from the dashboard
- Send funds from your external wallet, exchange, or another Sumo profile
- Balances update automatically within seconds
Deposits Are Free
There are no platform fees on deposits. Sumo only charges a 5% fee on cashouts (withdrawals).
Funding with Privacy
If you want to avoid linking your wallets on-chain (e.g. so they don't all trace back to the same funding source), use this approach:
- Send all funds to one wallet in your profile
- Use Privacy Cashout to distribute those funds from that single wallet to multiple other wallets in the profile
- Use the destination wallets for trading
- Archive the original source wallet so it's not used for trading
This way, your trading wallets have no direct on-chain link to each other or to the original funding source.
Step 3: Organize with Wallet Groups (Optional)
If you're running multiple strategies or want to segment your trading activity, organize wallets into groups:
- Go to Wallets → Groups
- Create a new group with a name and optional color
- Assign wallets to the group
Wallet groups let you run different strategies on different subsets of wallets. See Wallet Groups for details.
Checking Balances
View balances for all wallets from:
- Dashboard — Treasury card shows aggregate balances
- Wallets page — Per-wallet SOL, wrapped native, and token balances
- Telegram — Use the
/balancecommand for a quick summary
You're Ready to Trade
With your account set up, profile configured, and wallets funded, you have two paths forward:
- Launch your token through Sumo — Use your funded wallets to launch directly on a supported DEX like PumpFun, with bundled buys from your wallets at launch.
- Start trading an existing token — If your token is already live, jump straight into setting up strategies like Counter Trade or DCA.