Deposits & withdrawalsDeposit & Withdraw
Mullet deposits no longer go through a swap or a bridge. Stablecoins are received natively on Ethereum, Solana and Tron and credited 1:1, so there is no swap slippage or bridge fee eating into your funds.
Mullet deposits no longer go through a swap or a bridge. Stablecoins are received directly on three mainstream networks — Ethereum, Solana and Tron — as native on-chain transfers credited 1:1, which removes swap slippage and bridge fees and keeps value leakage to a minimum.
Supported deposit networks
Mullet currently accepts direct stablecoin deposits on the three networks below. There's no need to swap or bridge somewhere else first — the transfer lands as-is.
| Network | Assets | Arrival time | Route |
|---|---|---|---|
| Ethereum (ERC-20) | USDT / USDC | ~1-3 min, depending on the chain | Direct transfer, no swap / bridge |
| Solana (SPL) | USDC / USDT | ≈ 30 sec | Direct transfer, no swap / bridge |
| Tron (TRC-20) | USDT | ≈ 1 min | Direct transfer, no swap / bridge |
What changed: the previous Jupiter / Wormhole / Mayan Swap and bridge routes have been retired. Transfer an equivalent amount of stablecoins from Ethereum, Solana or Tron and the system credits your available balance 1:1, with no swap slippage or bridge fees.
How to deposit
Using USDC from Solana as the example:
Open the deposit page
App: Wallet → Deposit. Web: Account → Deposit in the top right.
Pick the network and asset
Choose "Solana" as the network and "USDC" as the asset. The page shows the deposit address / QR code for that specific network.
Send the transfer
From your wallet or an exchange withdrawal page, select exactly the same network and send the USDC to that address.
Wait for it to land
Once confirmed on-chain it is credited 1:1 automatically. Track it live under Wallet → History — no swap or bridging step at any point.
Fees
| Item | Fee | Notes |
|---|---|---|
| Mullet platform fee | Free | We charge nothing on deposits |
| Network gas | You pay | Ethereum usually $1-5, Solana < $0.01, Tron around 1 TRX |
| Swap / bridge fee | 0 | No swap, no bridge — stablecoins arrive 1:1 |
Suggestion: of the three networks, Solana is the fastest and cheapest and is the best default for everyday deposits. If your assets already sit on Ethereum or Tron, just send on that network — there's no need to convert or move them to another chain first.
Depositing from a CEX
If your assets are on a centralised exchange, pick any of these networks on its withdrawal page:
Route A · Solana (fastest and cheapest)
Binance / Coinbase / OKX / Bybit withdrawal page → choose USDC or USDT → select the Solana network → paste your Mullet deposit address → submit. On-chain confirmation takes ≈ 30 seconds.
Route B · Ethereum (ERC-20)
Choose USDT or USDC → select the Ethereum (ERC-20) network → paste your Mullet deposit address → submit. Around 1-3 minutes depending on gas.
Route C · Tron (TRC-20)
Choose USDT → select the Tron (TRC-20) network → paste your Mullet deposit address → submit. Fast and very cheap, around 1 minute.
Always check the network: deposit addresses are network-specific, and the Ethereum / Solana / Tron addresses are not interchangeable. Sending on the wrong network can make the assets unrecoverable, so check the network and address shown on the page carefully before you transfer.
Withdrawals
Withdrawals also support Ethereum, Solana and Tron, paid out 1:1 with no swap or bridge:
- On the withdrawal page choose the destination network (Ethereum / Solana / Tron) and asset
- Enter the amount and destination address (must be allowlisted or pass 24h verification)
- The system sends the corresponding stablecoin 1:1 from your Mullet balance on the network you chose
- No conversion, no bridging — you receive exactly the asset you selected
FAQ
Are deposited assets converted?
No. Stablecoins on Ethereum / Solana / Tron are credited to your available balance 1:1, with no swap slippage of any kind.
Why are BSC / Polygon / Arbitrum / native BTC no longer supported?
To avoid the slippage, bridge fees and extra asset-security risk that swaps and bridges bring, Mullet has narrowed deposits to direct integration with the three most mainstream stablecoin networks: Ethereum, Solana and Tron. We may evaluate more networks if there's demand, but we won't reintroduce a swap / bridge hop.
What if I send on the wrong network?
Always confirm that the network and address shown on the deposit page match the network you're sending from. Choosing the wrong network (for example, sending USDT on BSC to the Ethereum address shown by Mullet) can make the assets unrecoverable, and Mullet cannot cover losses caused by picking the wrong network.