The OKX Web3 Wallet has taken a major step forward in user security and transparency by introducing full historical authorization tracking. As of October 13, 2023 (HKT), users can now view and manage their complete authorization history across multiple blockchains—going beyond just post-wallet-creation authorizations.
This update ensures that every past interaction with decentralized applications (dApps) is visible, giving you full control over which smart contracts have access to your digital assets.
👉 Discover how full authorization management enhances your crypto security today.
What Is Wallet Authorization?
Wallet authorization allows a smart contract—such as those behind decentralized exchanges like Uniswap or lending platforms—to access and interact with specific assets in your wallet. For example, when you swap 1000 USDT on a DEX, you first authorize the platform’s contract to spend that amount on your behalf.
While this mechanism enables seamless DeFi interactions, it also introduces risk: once granted, a malicious or compromised contract could transfer your funds without requiring further approval.
Authorization can be:
- Partial: Limited to a specific token amount.
- Unlimited: Grants full spending power over a particular asset.
- Time-bound or permanent, depending on the dApp.
Understanding and managing these permissions is critical for maintaining control over your crypto holdings.
Why Full Historical Authorization Matters
Previously, most Web3 wallets—including earlier versions of OKX Web3 Wallet—only displayed authorizations made after the wallet was created. Any prior authorizations from previous wallets or devices remained invisible, creating a blind spot in asset security.
Now, OKX Web3 Wallet uses advanced on-chain analysis to reconstruct your entire authorization history, even if the actions occurred before you started using the wallet.
Why You Might See More Authorizations Now
If you've used other wallets or interacted with dApps in the past, you may notice new entries in your authorization list. These aren’t new permissions—they’re previously hidden records now made visible thanks to deeper blockchain scanning.
This transparency helps you identify potentially risky contracts you may have unknowingly approved months—or even years—ago.
👉 Take control of your digital assets with complete authorization visibility.
Supported Blockchains
The full historical authorization feature is currently live on the following networks:
- Ethereum
- OKT Chain (OKTC)
- BNB Chain
- Polygon
- Avalanche C-Chain
- Fantom
- Optimism
- Arbitrum One
- Gnosis Chain
- zkSync Era
Additional networks are under active development and will be added in future updates. This broad multi-chain support ensures users across the Web3 ecosystem benefit from enhanced security, regardless of their primary blockchain.
How to Manage Your Authorizations
Managing your authorizations is simple and secure:
- Open the OKX Web3 Wallet.
- Navigate to the "Authorization" tab on the home screen.
- Review all active permissions across supported chains.
- Revoke any unnecessary or suspicious authorizations with one click.
Each entry shows:
- The dApp or contract address
- Token type and authorized amount
- Network used
- Date of authorization (when available)
Revoking unused permissions reduces your attack surface and protects against potential exploits.
Risks of Unmanaged Authorizations
Smart contract-based attacks are among the most common threats in Web3. One prevalent tactic involves phishing contracts that request excessive permissions under the guise of legitimate services.
Common Scams Include:
- Fake airdrop claim pages that request token approvals
- Malicious minting sites for NFTs with hidden spending logic
- Cloned versions of popular dApps designed to steal approvals
Once approved, these contracts can drain your wallet at any time—or worse, charge exorbitant gas fees during attempted revocations.
Always verify:
- The authenticity of the dApp URL
- Whether the requested approval amount matches your intended action
- If the gas fee estimate seems unusually high
Even small oversights can lead to significant losses.
👉 Stay protected from hidden crypto risks with proactive authorization checks.
Frequently Asked Questions (FAQ)
Q: What does "full historical authorization" mean?
A: It means the wallet now scans the entire transaction history associated with your address—even before you created the wallet—to reveal every past token approval ever made. This gives you a complete picture of which contracts can access your assets.
Q: Can revoked authorizations be restored?
A: No. Once an authorization is revoked, the smart contract loses its ability to spend that token unless you explicitly re-authorize it. Revocation is final and immediate on-chain.
Q: Does viewing authorizations cost gas?
A: No. Browsing your authorization list is completely free. You only pay gas fees when you choose to revoke an approval, as this requires a blockchain transaction.
Q: Why do some authorizations show "unlimited" amounts?
A: Some dApps request unlimited approvals to avoid asking for permission every time you use them. While convenient, this increases risk if the contract is compromised. We recommend revoking unlimited approvals for unused dApps and re-authorizing only what's needed.
Q: Is my private key involved in authorization management?
A: No. Viewing and analyzing authorizations happens off-chain using public blockchain data. Only when you initiate a revoke action is your private key used—to sign the transaction securely within the wallet environment.
Q: How often is the authorization data updated?
A: The system continuously monitors on-chain activity and updates your dashboard in near real-time. New authorizations appear shortly after they’re confirmed on the network.
Core Keywords
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These terms reflect high-intent search queries from users seeking to protect their digital assets and gain better visibility into their Web3 interactions.
By offering full historical authorization management, OKX Web3 Wallet empowers users with unprecedented transparency and control. Whether you're an experienced DeFi user or just starting your Web3 journey, staying informed about who can access your funds is essential.
Stay proactive. Stay secure. Take charge of your crypto future—today.