TRON Token Glossary

New to TRON? This plain-English glossary defines the terms you’ll meet while creating and launching a TRC-20 token, grouped so you can scan quickly.

Core TRON terms

• TRON — a high-throughput, low-fee blockchain popular for stablecoins and retail activity.
• TRX — TRON’s native cryptocurrency, used to pay for resources.
• SUN — the smallest unit of TRX. 1 TRX = 1,000,000 SUN.
• TVM — the TRON Virtual Machine, which runs smart contracts (similar to Ethereum’s EVM).

Token standards

• TRC-20 — the smart-contract standard for fungible tokens on TRON. See what is TRC-20.
• TRC-10 — a simpler native token standard. See TRC-10 vs TRC-20.
• ERC-20 / BEP-20 — equivalent standards on Ethereum and BNB Chain.
• Fungible — every unit is identical and interchangeable.

Fees and resources

• Energy — resource consumed by smart-contract execution; obtained by staking TRX or burning a little TRX.
• Bandwidth — resource consumed by transaction size; everyone gets a free daily allowance.
• Freezing / staking — locking TRX to receive renewable energy or bandwidth. See fees explained.

Token mechanics

• Supply — total number of tokens that exist.
• Decimals — how divisible a token is (6 is standard on TRON).
• Mint — create new tokens. Burn — permanently destroy tokens.
• Pause — temporarily freeze transfers (optional feature).
• Owner / ownership — the address with special contract permissions.
• Renounce — permanently give up ownership, making the contract immutable. See renouncing.
• Allowance / approve — permission letting a contract (like a DEX) move your tokens.

Launch and trading

• Liquidity pool — a deposit of two assets on a DEX that makes a token tradable.
• SunSwap — TRON’s leading decentralised exchange. See listing on SunSwap.
• JustLend — a major TRON lending protocol.
• Liquidity lock — committing liquidity so it can’t be withdrawn, a key trust signal.
• Rug pull — when a project removes liquidity or dumps supply, leaving holders stranded.
• Honeypot — a malicious token buyers can’t sell.

Infrastructure

• TronLink — the most popular TRON wallet.
• Tronscan — TRON’s main block explorer. See verifying on Tronscan.
• TronGrid — public TRON node infrastructure for reading the chain.
• Contract address — the unique T… address identifying your token.