Getting Started

Follow these simple steps to dive into Merkle Trade's gamified trading experience!

1. Connect Wallet

You can connect to Merkle Trade using either an EVM wallet or an Aptos wallet

• Step 1: Connect your EVM-compatible wallet (e.g. Metamask, Rainbow, WalletConnect) or Aptos wallet (e.g. Petra, Martian, Pontem, OKX Wallet, Bitget Wallet).

• Step 2: Sign the message below to establish a secure, non-custodial account with trade-specific permissions, allowing for gas-free transactions.

2. Deposit Funds (Direct Deposit)

With the Direct Deposit feature, you can easily fund your Merkle Trade account by transferring USDC to a securely generated deposit address on your preferred blockchain.

Follow these simple steps:

1. Select Token and Blockchain: Choose the token and blockchain network you wish to use for the deposit. Once selected, a unique deposit address and QR code will be displayed.

2. Transfer Funds: Send the selected asset to the provided deposit address on the chosen blockchain.

3. Deposit Complete: Deposits are usually completed within minutes; however, for Ethereum or Polygon, it may take up to 20 minutes.

Supported Chains & Tokens

	ETH	ARB	OP	POL	AVAX	BSC
USDC	✓	✓*	✓*	✓*	✓	✓
USDC.e		✓	✓	✓	✓*
USDT	✓*	✓*	✓*	✓*	✓*	✓*
USDT.e					✓*
DAI	✓*	✓*	✓*	✓*

✓* = swapped to USDC equivalent, minus fees. Large deposits may incur sizable loss.

FAQs

How does Direct Deposit work?

Direct Deposit is a decentralized solution to simplify asset onboarding from other blockchains to Aptos. Here's how it works:

• A unique EVM deposit address is deterministically derived from the destination Aptos account address.

• Once funds are sent to the derived deposit address, a DirectDeposit contract is automatically deployed at that address.

• A Keeper triggers either sendToAptos or swapAndSendToAptos to swap and transfer the asset to the Aptos Bridge (via LayerZero), with the final destination being the Aptos address.

The DirectDeposit smart contract, developed by the Merkle Trade team, has been rigorously audited by OtterSec for security and is publicly available on GitHub.

Why haven’t I received my deposit?

Average deposit times vary by blockchain as follows:

• Arbitrum: less than 1 minute

• Optimism: less than 1 minute

• BSC: Approximately 3 minutes

• Avalanche: Approximately 5 minutes

• Ethereum: Up to 20 minutes

• Polygon: Up to 20 minutes

If your deposit hasn't arrived within the estimated timeframe, please reach out to community support by creating a ticket on Discord.

What are the minimum/maximum deposit limits?

Deposit limits vary by blockchain, with a typical minimum deposit of around $3. However, this amount may fluctuate based on current gas fees and LayerZero bridge fees.

For the most up-to-date information, please refer to the Direct Deposit page on the Merkle Trade platform.

Are there any deposit fees?

Yes, a small deposit fee is applied to cover bridge and gas fees.

Fees are typically less than $1 but may vary by blockchain and can change over time. For the latest fee details, please refer to the Direct Deposit page on the Merkle Trade platform.

To keep fees minimal, the Merkle Trade team covers the majority of costs, ensuring users pay only a fraction of the total.

Why did my funds get deposited as USDC?

Merkle Trade currently supports USDC only. Transferred assets are converted to USDC and credited to your account, ensuring full compatibility with the platform.