Terenval Crypto Glossary · Русская версия

ERC-20

Definition: ERC-20 is a widely used Ethereum token interface standard that defines common functions and events for fungible tokens.

ERC-20 balances are contract state rather than a separate native coin balance.

How this concept appears in Terenval Wallet

On supported EVM networks, token balances and transfers shown by wallets such as Terenval depend on the relevant token contract and network state.

Important: Verify the token contract address because different tokens can share the same name or symbol.

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Sources and review

Published by Terenval; product claims are first-party information.