Scale drop disease virus (SDDV), a distinct member of the genus Megalocytivirus within the Iridoviridae family, has emerged as a novel threat to global teleost aquaculture. Despite its importance, the pathogenic mechanism of SDDV remains largely elusive. In this study, we identified mandarin fish transferrin receptor 1 (mfTfR1) as an entry receptor for SDDV to invade host cells. Firstly, mfTfR1 was detected in high abundance in purified SDDV virions and exhibited dynamic responses to SDDV infection, showing distinct regulatory patterns both in vivo and in vitro. Overexpression of mfTfR1 in low-permissive fathead minnow (FHM) cells significantly enhanced SDDV replication, particularly during the early stages of viral binding and entry. Conversely, antibody-blocking experiments and treatment with the TfR1 inhibitor ferristatin II significantly suppressed SDDV entry. Further investigation revealed that mfTfR1 directly interacted with the major capsid protein (MCP) of SDDV, and the helical domain of mfTfR1 was identified as the crucial docking site. The binding site within the helical domain was determined, and disrupting this interaction significantly reduced viral entry and host mortality. Finally, we demonstrated that SDDV could activate Src kinase-mediated tyrosine phosphorylation of mfTfR1. This phosphorylation event enhanced the internalization of mfTfR1 and facilitated clathrin-mediated endocytosis. Collectively, our study provides compelling evidence to confirm that mfTfR1 functions as an entry receptor that mediates SDDV entry into host cells via clathrin-mediated endocytosis, leading to a lethal infection outcome. Our work lays the ground work for the development of targeted therapeutic strategies to mitigate the impact of SDDV in aquaculture.