When depositing into an ERC-4626 token contract (e.g., depositing DAI into sDAI), the minting of new tokens does not appear as a separate transaction. This occurs because ERC-4626 tokens do not generate traditional ERC-20 transfer events. Instead, the minting is reflected as a state change on Etherscan.

Users interacting with ERC-4626 tokens like sDAI, who rely on transaction visibility for accurate balance tracking.

Users can manually add missing transactions that occurred within the state change to correct balance discrepancies.