Managing wallet authorizations has always been a critical aspect of securing your digital assets. In the past, most tools only allowed you to see and manage permissions you granted after creating your wallet. Historical smart contract authorizations remained invisible and unmanageable—until now.
To give users a more complete view of their authorization records and help them mitigate risks proactively, a major upgrade has been introduced. This enhancement enables full historical authorization parsing, allowing you to review and manage every permission you’ve ever granted—all from one clear, intuitive interface.
What Is Wallet Authorization?
Wallet authorization refers to the process of permitting a smart contract to access certain assets within your wallet. For example, you might authorize a decentralized exchange to use up to 1,000 USDT for trading purposes. These permissions can apply to a portion or the entirety of your holdings.
While this system improves security and operational flexibility on the blockchain, it also introduces risks. Once you approve a contract, it can transfer assets without requiring additional signatures. This makes ongoing authorization management essential for protecting your funds.
Why Is Managing Historical Authorizations Important?
Many users are unaware of old or forgotten authorizations that could still be active. Without the ability to review full history, dormant permissions could be exploited by malicious actors. By making all past approvals visible, you gain the power to audit and revoke any suspicious or unnecessary contracts.
This is especially relevant given the open nature of blockchain, where fraudulent and phishing contracts are common. Hackers often use these approvals to drain wallets or charge excessive gas fees. Regular review helps you avoid unintended financial loss.
Which Networks Are Currently Supported?
The historical authorization feature is now live on several major blockchain networks, including:
- Ethereum
- OKTC
- BNB Chain
- Polygon
- Avalanche C-Chain
- Fantom
- Optimism
- Arbitrum One
- Gnosis
- zkSync Era
Support for more networks is under active development and will be introduced in future updates.
How to Review and Manage Authorizations
You can easily access your authorization dashboard directly from your Web3 wallet homepage. Simply navigate to the "Authorization" tab to see a complete list of all active and historical approvals.
From there, you can review each contract, check its permissions, and revoke access with a few clicks. Always verify gas fee estimates before confirming any revocation to avoid abnormal charges.
👉 Review your wallet authorizations now
Tips for Safe Authorization Practices
To minimize risk, follow these best practices:
- Regularly audit all authorized contracts.
- Only grant necessary permissions to trusted applications.
- Be cautious of contracts requesting unlimited token allowances.
- Verify gas fees before approving or revoking any contract.
Staying vigilant is your first line of defense against phishing and fraud.
Frequently Asked Questions
What does “full historical authorization” mean?
It refers to the ability to view and manage every smart contract authorization you’ve ever given, including those granted before you started using your current wallet management tool.
Why did my list of authorizations increase after the update?
Previously, only permissions granted after wallet creation were visible. The new feature now includes all historical approvals, which is why you may see more entries.
Is there a risk in revoking authorizations?
Revoking authorizations is generally safe and recommended for unused contracts. However, always check gas fees and ensure you are not disrupting any active, legitimate services you use.
Can I approve partial token amounts?
Yes, many contracts allow you to approve limited amounts instead of full wallet access. This is a safer practice and reduces exposure to risk.
What should I do if I see an authorization I don’t recognize?
Revoke it immediately if you are unsure of its origin. It may be a leftover from an old service or a potential phishing attempt.
Will this feature support more blockchains soon?
Yes, development is ongoing, and support for additional networks will be added in future releases.
Staying informed and proactive with authorization management is essential for anyone using Web3 wallets. With full visibility and control over your approvals, you can significantly reduce your vulnerability to scams and unauthorized transactions. Make it a habit to check your authorizations regularly and keep your assets secure.