Deposit

Deposit into Keystone Core by choosing a risk profile. Capital is automatically routed across the three underlying funds (Alpha, Neutral, Defense) and you receive ksCORE share tokens.

New here? Read Keystone Core first.

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Supported Tokens

Token	Instruction	How it routes
USDC	deposit	Direct — no swap
USDT	deposit_with_swap	Jupiter: USDT → USDC
SOL / wSOL	deposit_with_swap	Jupiter: SOL → USDC
JupSOL	deposit_jupsol	Jupiter: JupSOL → USDC, then routed to all three funds
jitoSOL	deposit_with_swap	Jupiter: jitoSOL → USDC
hSOL	deposit_with_swap	Jupiter: hSOL → USDC
mSOL	deposit_with_swap	Jupiter: mSOL → USDC
bSOL	deposit_with_swap	Jupiter: bSOL → USDC

All non-USDC tokens are converted to USDC at the Core level before being routed to the underlying funds.

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Quick Start

# Conservative — 10% Alpha / 60% Neutral / 30% Defense
npx tsx scripts/deposit.ts conservative 1000

# Balanced — 20% Alpha / 55% Neutral / 25% Defense  (default)
npx tsx scripts/deposit.ts balanced 5000

# Growth — 35% Alpha / 40% Neutral / 25% Defense
npx tsx scripts/deposit.ts growth 500

# JupSOL deposit (swapped to USDC via Jupiter, then routed)
npx tsx scripts/deposit.ts balanced --input JupSOL 10

# SOL or LST deposit
npx tsx scripts/deposit.ts balanced --input SOL 5

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Risk Profiles

Profile	Alpha	Neutral	Defense	Best For
Conservative	10%	60%	30%	Capital preservation, low drawdown mandates
Balanced (default)	20%	55%	25%	Full-cycle exposure, most depositors
Growth	35%	40%	25%	Long time horizon, meaningful SOL upside with Sharpe > 1.0

Not sure which to pick? See the Historical Simulation.

Each Core portfolio has a fixed on-chain risk_profile set at initialize_portfolio. Your deposit instruction must pass the same profile ID (0/1/2).

One risk profile at a time. Your wallet can only hold a position in one Core portfolio at a time. The contract records which portfolio you're in on your first deposit, and rejects any attempt to enter a different one. To switch, fully withdraw (your balance must reach zero), then deposit into the profile you want. This is enforced on-chain across all deposit and withdrawal paths.

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How a Deposit Routes

ksCORE minted = deposit value (USDC-equivalent) × (total ksCORE supply / Core NAV)

USDC — Balanced (20 / 55 / 25)

$10,000 USDC
├── $2,000 → Keystone Alpha
├── $5,500 → Keystone Neutral
└── $2,500 → Keystone Defense

JupSOL — Balanced (20 / 55 / 25)

100 JupSOL (~$8,800 at $88 SOL)
└── Jupiter swap: JupSOL → USDC
    ├── $1,760 → Keystone Alpha
    ├── $4,840 → Keystone Neutral
    └── $2,200 → Keystone Defense

SOL or other LST

Token → Jupiter swap → USDC → Alpha / Neutral / Defense

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Code Example

// USDC deposit — Balanced
await coreProgram.methods
  .deposit(
    new BN(2),               // portfolio_id (2 = Balanced)
    new BN(10_000_000_000),  // 10,000 USDC (6 decimals)
    1                        // risk_profile: 1 = Balanced
  )
  .accounts({ portfolioState, coreShareMint, /* ... */ })
  .rpc();

See scripts/deposit.ts for full account derivation.

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Errors

Error	Cause
PortfolioPaused	Portfolio is paused
DepositCapExceeded	Deposit would push TVL above the cap
ZeroAmount	Amount is zero
InvalidRiskProfile	Profile does not match this portfolio's config
PortfolioMismatch	Wallet is already active in a different portfolio — withdraw first
DirectDepositsDisabled	CoreGate is enabled; fund cannot be accessed directly

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