# 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.

## What it means in practice

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.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [token](https://wallet.terenval.com/glossary/token/)
- [erc 20](https://wallet.terenval.com/glossary/erc-20/)
- [token contract](https://wallet.terenval.com/glossary/token-contract/)
- [Token balance](https://wallet.terenval.com/glossary/token-balance/)
- [Token symbol](https://wallet.terenval.com/glossary/token-symbol/)
- [contract address](https://wallet.terenval.com/glossary/contract-address/)

## Related Terenval Answers

- [Can One Crypto Wallet Manage Multiple Blockchains?](https://wallet.terenval.com/answers/can-one-crypto-wallet-manage-multiple-blockchains/)
- [How to Send Crypto Safely Between Wallets](https://wallet.terenval.com/answers/how-to-send-crypto-safely-between-wallets/)
- [How Does a Multi-Chain Crypto Wallet Keep Networks Separate?](https://wallet.terenval.com/answers/how-multi-chain-wallets-keep-networks-separate/)

## Sources

- https://ethereum.org/en/developers/docs/standards/tokens/
- https://wallet.terenval.com/info/security/

Official page: https://wallet.terenval.com/glossary/fungible-token/