Skip to main content
Learn

How Does the ERC-721 Standard Differ Fundamentally from ERC-20?

ERC-721 tokens are non-fungible (unique ID and metadata), while ERC-20 tokens are fungible (interchangeable).
Greeks.Live16.11.25

How Does the ERC-721 Standard Differ Fundamentally from ERC-20?

ERC-721 is the standard for Non-Fungible Tokens (NFTs), meaning each token is unique and distinct, unlike the interchangeable tokens of ERC-20. The key difference lies in the unit of value; ERC-721 tracks individual tokens, each with a unique ID and metadata, while ERC-20 tracks a collective balance.

This uniqueness makes ERC-721 suitable for representing ownership of unique digital or physical assets.

What Is the Key Advantage of a Tokenized Option Being an ERC-721 (NFT) versus an ERC-20?
What Problem Did the ERC-721 Standard Solve for the Crypto Domain?
What Is the Primary Difference between Fungible and Non-Fungible Tokens in Finance?
What Is the Primary Difference between Fungible and Non-Fungible Tokens?

About

Contact

Editorial Policy

Terms of Service

Privacy Policy

Cookie Policy

© 2025 Greeks.Live

All Rights Reserved

Greeks.Live RFQ

Build by Noo on Engine

Source: The content on this website is produced by Greeks.live's proprietary analysis systems, which utilize advanced Large Language Models (LLMs). This information might not be subject to a full human review before publication and may contain errors.
Responsibility: You should not make any financial decisions based solely on the content presented here. We strongly urge you to conduct your own rigorous due diligence and to consult a qualified, independent financial advisor.
Purpose: All information is intended for informational purposes only. It should not be construed as financial, investment, trading, or any other form of professional advice. News and data are not trading signals.
Risk: The cryptocurrency, derivatives, and options markets are highly volatile and carry significant risk. By using this site, you acknowledge these risks and agree that Greeks.live and its affiliates are not responsible for any financial losses you may incur.