Preheat the oil to 375 degrees Fahrenheit. In a large bowl, mix cornbread dressing with shredded cheddar cheese. Form into 1-2-inch balls and set aside.
First, roll balls in dry mix, followed by wet mix, and finish with Panko bread crumbs. Set aside. Allow it to sit for 2-3 minutes to rest while you get the oil ready for frying.
Carefully place dressed balls in preheated oil and fry for 1-3 minutes, turning to insure all sides are browned. Remove the balls from the oil once they are crispy and golden brown.