What it means
Approvals allow dapps, routers, and other contracts to move tokens from your wallet up to a defined limit.
Why it matters
Overly broad approvals can expose wallets to loss if the approved contract is malicious or later compromised.
How to use it on FreshTokenWatch
Open a token in the live scanner, read its risk score and red flags, and use this definition to judge what you see. The lists below show where the term matters in practice.