# Token

## Definition

A token is a digital asset or accounting unit represented by blockchain logic, often through a smart contract rather than as the blockchain's native asset.

## What it means in practice

Tokens can represent currencies, governance rights, collectibles, claims or other application-specific units.

## How this concept appears in Terenval Wallet

Terenval's EVM context distinguishes network-native assets from contract-based tokens when presenting supported balances and transactions.

**Important:** A token name or icon is not proof of authenticity; verify network and contract address.

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

## Related terms

- [Native token](https://wallet.terenval.com/glossary/native-token/)
- [ERC-20](https://wallet.terenval.com/glossary/erc-20/)
- [Stablecoin](https://wallet.terenval.com/glossary/stablecoin/)
- [Contract address](https://wallet.terenval.com/glossary/contract-address/)
- [Smart contract](https://wallet.terenval.com/glossary/smart-contract/)

## Related Terenval Answers

- [Ethereum Layer 2 Networks and Gas Fees](https://wallet.terenval.com/answers/ethereum-layer-2-networks-and-gas-fees/)
- [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/)

## Sources

- https://ethereum.org/en/developers/docs/
- https://eips.ethereum.org/
- https://wallet.terenval.com/info/supported-networks/

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