Skip to main content
Deposit tokens into your Squad by sharing your sub-account address with the sender. All deposits appear in your Treasury once the transaction confirms on Solana.

​
How to receive deposits

1

Open Receive Assets

Select the QR code icon under your Squad’s name in the sidebar. The Receive Assets window opens.
2

Select the target sub-account

Under Account, choose which sub-account should receive the deposit.
3

Share your address

Copy your deposit address or share the QR code with the sender.
Once the sender completes their transfer, tokens appear in your Treasury within seconds.

​
Deposit from your connected wallet

The Deposit button sends tokens from your connected wallet straight into a sub-account.
1

Open the deposit form

Navigate to Treasury in the sidebar and select Deposit.
2

Enter the details

Under Account, choose the sub-account to deposit into. Choose the token and enter the amount.
3

Confirm

Select Deposit and approve the transaction in your wallet. The transfer comes from your own wallet, so it does not create a proposal.
Your sub-account address is a Solana address. It can only receive tokens on the Solana blockchain. Do not send tokens from other networks (Ethereum, Bitcoin, etc.) to this address.

​
Which address to share

Use your sub-account address for deposits. Each sub-account has its own unique address. To find the address for a specific sub-account, navigate to that sub-account in your Treasury and select the copy icon. For more on how addresses work, see Sub-accounts.

​
Supported assets

Squads supports SPL tokens on Solana, including SOL, USDC, USDT, governance and utility tokens, wrapped tokens (wSOL), and Token-2022 standard tokens.
Some collectible tokens and compressed assets may not display or transfer correctly. Test with a small amount before depositing collectibles.

​
Best practices

  • Verify the network. Confirm the sender is transferring on Solana, not another blockchain.
  • Test first. When receiving from a new source, request a small test deposit.
How long do deposits take?Deposits typically appear within seconds after the transaction confirms on Solana. If a deposit is not showing, verify the transaction on a Solana explorer and check that the sender used the correct sub-account address.Why do I see wrapped SOL (wSOL) instead of SOL?Some protocols and exchanges wrap SOL into an SPL token (wSOL) automatically. wSOL and SOL are equivalent in value, but some operations (like paying proposal fees) require native SOL. To convert, open the sub-account in Treasury, select the three-dot menu on the wSOL row, and select Unwrap. This creates a proposal for your Squad to approve. You can also go to Trade and swap wSOL to SOL. The conversion is 1:1 with no slippage.