diff --git a/apps/wallet/src/ui/app/components/accounts/AccountBalanceItem.tsx b/apps/wallet/src/ui/app/components/accounts/AccountBalanceItem.tsx
index 7a66ce614d8..e69bd987028 100644
--- a/apps/wallet/src/ui/app/components/accounts/AccountBalanceItem.tsx
+++ b/apps/wallet/src/ui/app/components/accounts/AccountBalanceItem.tsx
@@ -15,7 +15,7 @@ import {
 import { TriangleDown } from '@iota/apps-ui-icons';
 import clsx from 'clsx';
 import { Badge, BadgeType } from '@iota/apps-ui-kit';
-import { formatAddress } from '@iota/iota-sdk/utils';
+import { formatAddress, IOTA_TYPE_ARG } from '@iota/iota-sdk/utils';
 import {
     useGetOwnedObjectsMultipleAddresses,
     useGetSharedObjectsMultipleAddresses,
@@ -42,7 +42,7 @@ export function AccountBalanceItem({
             return (BigInt(acc || '0') + BigInt(balance || '0')).toString();
         }, '0') ?? '0';
 
-    const [formatted, symbol] = useFormatCoin(BigInt(totalBalance), COIN_TYPE);
+    const [formatted, symbol] = useFormatCoin(BigInt(totalBalance), IOTA_TYPE_ARG);
 
     const { data: ownedObjects } = useGetOwnedObjectsMultipleAddresses(
         addresses,