How to Deposit ONDO on OKX? Ondo Finance Funding Tutorial
ONDO is the governance token of Ondo Finance's decentralized investment bank protocol, deployed on multiple networks (including Ethereum, Arbitrum, Base, etc.). The core principle of depositing ONDO is simple: the network you select on the OKX deposit page must exactly match the network where your ONDO resides in your wallet. ONDO has different contract addresses on different networks; selecting the wrong network can lead to irreversible loss of funds.
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1. Complete OKX Account KYC
What to do: Ensure your OKX account has completed identity verification.
How to do it:
Log in to the OKX app or website, and navigate to [Profile] → [Identity Verification].
Follow the instructions to submit your ID documents and complete standard identity verification.
Definition of done: Your account status shows "Verified" or "Standard Identity Verification".
Accounts without KYC cannot use the deposit function.
2. Confirm the Network Where Your ONDO Resides
What to do: Open the wallet that holds your ONDO and confirm the chain where the token is located.
How to do it:
ONDO exists in different versions across multiple networks, including Ethereum mainnet (ERC20), Arbitrum, Base, etc.
ONDO contract addresses differ depending on the network:
Ethereum (ERC20): Contract address
0xfAbA6f8e4a5E8Ab82F62fe7C39859FA577269BE3Arbitrum: Contract address
0x8DAf60738c16ACE740B266708BfF2B0FDFe55432Base: Contract address
0x6237E51Bb6514EB87Aa89af3EF40d00Ce6464727
In your wallet, view the ONDO asset details and confirm which chain is indicated in the "Network" field.
Definition of done: You know exactly which network your ONDO is on – Ethereum, Arbitrum, or Base.
ONDO may exist as tokens with the same name but different addresses on different networks. Before depositing, make sure you know the contract address and network of the ONDO in your wallet. OKX has listed ONDO for spot trading and supports deposits on multiple networks.
3. Obtain a ONDO Deposit Address on OKX
What to do: Log in to OKX, go to the deposit page, select the corresponding network, and get a deposit address.
How to do it:
Log in to the OKX app or website, and tap [Assets] → [Deposit] → [Deposit crypto].
Search for "ONDO".
Select the network: Based on the network where your ONDO resides in your wallet, choose the corresponding option:
Ethereum (ERC20): ONDO on Ethereum mainnet
Arbitrum: ONDO on Arbitrum network
Base: ONDO on Base network
The available network options are subject to what is shown on the deposit page.
The page will generate a deposit address for that network. Copy it.
Definition of done: You have copied the ONDO deposit address provided by OKX and confirmed that the selected network exactly matches the network of the asset in your wallet.
Prerequisites: Completed OKX KYC identity verification. ONDO spot trading is available on OKX, and the deposit channel is open.
4. Initiate a Transfer from Your External Wallet
What to do: Send ONDO from your external wallet (e.g., MetaMask, OKX Web3 Wallet, etc.) to OKX.
How to do it:
Open your external wallet and ensure the current network is switched to the network where your ONDO is located (e.g., Ethereum, Arbitrum, or Base).
Find the ONDO asset and click [Send] or [Transfer].
Paste the ONDO address you copied from OKX into the "Recipient address" field.
Critical step: In the "Select network" section, verify that the chosen network matches exactly the network you selected on the OKX deposit page.
Make sure you have enough gas tokens in your wallet (ETH is required for Ethereum, ETH for Arbitrum, ETH for Base).
Submit the transaction.
Definition of done: The transaction has been submitted, the wallet shows "Transaction broadcast" or "Pending," and you have obtained a TxID.
Common causes of failure:
Wrong network: You selected Ethereum on OKX but Arbitrum or another network in your wallet; funds sent on the wrong chain will not arrive.
Insufficient gas: Your wallet does not have enough gas tokens to cover the transaction fee.
Incomplete address copy: ONDO addresses start with "0x". After pasting, double-check the first and last few characters.
Risk warnings:
Network mismatch may result in unrecoverable funds: Depositing to an unsupported network can lead to permanent loss of assets.
Deposit addresses are unique: The deposit address for each coin on each network is different. Do not use an address meant for another coin to deposit ONDO.
Same-name token risk: Tokens with identical names may exist on different networks. Always verify the contract address and network before depositing.
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5. Confirm the Deposit Arrival
What to do: Wait for blockchain confirmations and check your OKX account balance.
How to do it:
Use the TxID to check the transaction status on the corresponding network's block explorer (Etherscan for Ethereum, Arbiscan for Arbitrum, Basescan for Base).
Log in to OKX and go to [Assets] → [Funding Account] or [Trading Account] to see if your ONDO balance has increased.
Definition of done: The ONDO balance in your OKX trading account has been updated.
How to confirm you have followed the steps correctly?
Enter the TxID in the corresponding network's block explorer and verify that the transaction status is "Success". Then log in to OKX and check the [Assets] page for an increased ONDO balance. For your first transaction, it is recommended to send a small test amount first. Only transfer the remaining balance after the test transaction arrives successfully. If the funds do not show up after a long time, check whether the network chosen during deposit matches exactly the network used for the wallet transfer – this is the most common issue when depositing ONDO.
