# Token balance

## Definition

A token balance is the amount of a contract-based token that the token contract records for a blockchain account or address.

## What it means in practice

For ERC-20 assets, the balance is part of contract state and is separate from the account's native ETH balance.

## How this concept appears in Terenval Wallet

On supported EVM networks, Terenval users should distinguish token balances from the native coin needed to pay network fees.

**Important:** A visible token balance does not guarantee liquidity, market value or authenticity.

**[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/)
- [native token](https://wallet.terenval.com/glossary/native-token/)
- [Token decimals](https://wallet.terenval.com/glossary/token-decimals/)
- [contract address](https://wallet.terenval.com/glossary/contract-address/)
- [gas fee](https://wallet.terenval.com/glossary/gas-fee/)

## 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/token-balance/