Depositing Assets

Depositing Assets

To use Loopring DeFi products like Dual Investment, Portal, or Block Trade, you first need to deposit supported assets into the platform.


1. Connect and Sign In

Before depositing, make sure:

  • You have connected your wallet

  • You have signed in by approving the signature request

  • You are connected to a supported network (Ethereum, Base, Taiko Alethia)

πŸ”— Learn how to connect your wallet


2. Navigate to Deposit

Once signed in:

  1. Click the Deposit button located at the top of the Loopring DeFi dApp.

  2. Select the token you wish to deposit.

  3. Enter the amount you want to deposit.

  4. Confirm the transaction in your wallet.


3. Supported Assets

Loopring DeFi currently supports deposits for:

  • ETH

  • LRC

  • WBTC

  • cbBTC

  • USDC

  • USDT


4. Gas Fees

Depositing assets requires a network transaction:

  • On Ethereum, gas fees may be higher.

  • On Base and Taiko Alethia, gas fees are typically lower.

Please ensure that your wallet contains a small amount of ETH to cover any transaction fees.


5. After Depositing

Once your deposit is confirmed:

  • Your balance will update inside the dApp.

  • You can immediately start using Dual Investment, Portal, or Block Trade.

πŸ”’ Deposits are held in smart contracts. You retain full custody over your assets in a trustless environment.


πŸ”— Quick Access

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