Terenval Crypto Glossary · Русская версия

Fungible token

Definition: A fungible token is a token whose individual units are intended to be interchangeable with other units of the same token and value.

Currency-like ERC-20 assets are common examples, where one unit normally has the same protocol meaning as another unit.

How this concept appears in Terenval Wallet

On supported EVM networks, Terenval users may interact with fungible token contracts while the token's rules remain defined by its smart contract.

Important: Verify the network and contract address because matching names or symbols do not prove that two tokens are the same asset.

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