ERC-20 tokens
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Trending ERC-20 tokens
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Top Gainers
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Market Cap
What Are ERC-20 Tokens?
ERC-20 tokens are fungible tokens built on the Ethereum blockchain using the ERC-20 standard. Fungible means every token is the same and can be swapped one for one. The standard sets common rules, so wallets and exchanges can support any ERC-20 token. This ERC-20 tokens list ranks them by market cap, with live prices and daily price changes.
Quick Facts
- Blockchain: Ethereum. Many ERC-20 tokens can also be bridged to other networks.
- Origin: The ERC-20 standard was proposed in 2015.
- Examples: Tether USDT, USDC, Chainlink LINK and Wrapped Bitcoin WBTC exist as ERC-20 tokens.
- Fees: Moving ERC-20 tokens costs gas, which is paid in ETH.
- Ranking: We rank ERC-20 tokens by market cap. Market cap is the price times the tokens in circulation.
How ERC-20 Tokens Work
Each ERC-20 token is a smart contract on Ethereum. The contract keeps track of how many tokens each address holds. It also includes a standard set of functions. These let users check a balance, send tokens and give another app permission to spend tokens for them.
Because every ERC-20 token follows the same rules, one wallet can hold thousands of different tokens. Decentralized exchanges and lending apps can also add new tokens without custom work.
Types of ERC-20 Tokens
- Stablecoins: Tokens that track a currency, like USDT and USDC.
- Wrapped tokens: Tokens that represent another asset on Ethereum, like WBTC and WETH.
- Liquid staking tokens: Tokens for staked ETH, like stETH.
- DeFi and utility tokens: Tokens for apps, oracles and governance, like LINK and UNI.
ERC-20 vs Other Token Standards
ERC-20 is for fungible tokens. ERC-721 is the standard for NFTs, where each token is unique. Other chains have similar standards, such as BEP-20 on BNB Smart Chain and TRC-20 on TRON. A token on one standard needs a bridge to move to another chain.
Risks
Anyone can create an ERC-20 token, so scam and copycat tokens are common. Always check the contract address before you buy. Sending tokens on the wrong network can mean losing them. Smart contract bugs can also put funds at risk.
Related Lists
Frequently Asked Questions
- What are ERC-20 tokens?
ERC-20 tokens are fungible tokens created on the Ethereum blockchain with the ERC-20 standard. Each token is identical and interchangeable. The standard gives every token the same basic functions, so wallets, exchanges and apps can support them easily. Examples include USDT, USDC and Chainlink LINK.
- What are the top ERC-20 tokens?
The list above ranks the top ERC-20 tokens by market cap, with live prices. Stablecoins like USDT and USDC, wrapped tokens like WBTC and tokens like Chainlink are well-known examples. We do not give investment advice. Compare tokens by market cap, trading volume, daily price change and project age.
- What is an ERC-20 address?
An ERC-20 address is a normal Ethereum address that can hold ERC-20 tokens. It starts with 0x, followed by letters and numbers. The same address holds ETH and all ERC-20 tokens. Each token also has its own contract address, which you should check before buying or adding a token.
- How do ERC-20 tokens work?
Each ERC-20 token is a smart contract on Ethereum that tracks balances for every address. The standard defines functions to check balances, transfer tokens and approve other apps to spend them. Because all tokens share these functions, one wallet can manage many tokens. Transfers need ETH for gas fees.
- When was the ERC-20 standard created?
The ERC-20 standard was proposed in 2015 by Fabian Vogelsteller and Vitalik Buterin. ERC stands for Ethereum Request for Comments, and the number refers to the proposal. It became one of the most widely used ways to create fungible tokens on Ethereum and inspired similar standards on other blockchains.
- What is the difference between ERC-20 and BEP-20?
ERC-20 tokens run on Ethereum, while BEP-20 tokens run on BNB Smart Chain. Both standards work almost the same way, since BEP-20 was based on ERC-20. Fees on BNB Smart Chain are usually lower. Always send tokens on the right network, or they may be lost.