diff --git a/src/component-library/TokenBalance/TokenBalance.style.tsx b/src/component-library/TokenBalance/TokenBalance.style.tsx
index 9e45298a00..6b0f89255a 100644
--- a/src/component-library/TokenBalance/TokenBalance.style.tsx
+++ b/src/component-library/TokenBalance/TokenBalance.style.tsx
@@ -3,7 +3,7 @@ import styled from 'styled-components';
 import { theme } from '../theme';
 
 const TokenBalanceWrapper = styled.dl`
-  display: flex;
+  display: inline-flex;
   font-weight: ${theme.fontWeight.book};
   gap: ${theme.spacing.spacing1};
 `;
@@ -12,8 +12,13 @@ const TokenBalanceLabel = styled.dt`
   color: ${theme.colors.textPrimary};
 `;
 
-const TokenBalanceValue = styled.dd`
+type TokenBalanceValueProps = {
+  $clickable?: boolean;
+};
+
+const TokenBalanceValue = styled.span<TokenBalanceValueProps>`
   color: ${theme.colors.textSecondary};
+  cursor: ${(props) => props.$clickable && 'pointer'};
 `;
 
 export { TokenBalanceLabel, TokenBalanceValue, TokenBalanceWrapper };
diff --git a/src/component-library/TokenBalance/TokenBalance.tsx b/src/component-library/TokenBalance/TokenBalance.tsx
index 9b783ded36..168bbc2737 100644
--- a/src/component-library/TokenBalance/TokenBalance.tsx
+++ b/src/component-library/TokenBalance/TokenBalance.tsx
@@ -1,20 +1,46 @@
+import { usePress } from '@react-aria/interactions';
+
 import { TokenBalanceLabel, TokenBalanceValue, TokenBalanceWrapper } from './TokenBalance.style';
 
-interface TokenBalanceProps {
+type TokenBalanceProps = {
   tokenSymbol: string;
-  value: string;
-  valueInUSD: string;
-}
+  value: string | number;
+  valueInUSD: string | number;
+  onClickBalance?: () => void;
+  isDisabled?: boolean;
+  className?: string;
+};
+
+const TokenBalance = ({
+  tokenSymbol,
+  value,
+  valueInUSD,
+  onClickBalance,
+  className,
+  isDisabled
+}: TokenBalanceProps): JSX.Element => {
+  const isClickable = !!onClickBalance && !isDisabled;
+  const { pressProps } = usePress({ onPress: onClickBalance, isDisabled: !isClickable });
+  const balanceValueProps = isClickable
+    ? {
+        role: 'button',
+        tabIndex: 0,
+        'aria-label': 'apply balance',
+        ...pressProps
+      }
+    : {};
 
-const TokenBalance = ({ tokenSymbol, value, valueInUSD }: TokenBalanceProps): JSX.Element => {
   return (
-    <TokenBalanceWrapper>
+    <TokenBalanceWrapper className={className}>
       <TokenBalanceLabel>Balance:</TokenBalanceLabel>
-      <TokenBalanceValue>
-        {value} {tokenSymbol} ({valueInUSD})
-      </TokenBalanceValue>
+      <dd>
+        <TokenBalanceValue $clickable={isClickable} {...balanceValueProps}>
+          {value} {tokenSymbol} ({valueInUSD})
+        </TokenBalanceValue>
+      </dd>
     </TokenBalanceWrapper>
   );
 };
+
 export { TokenBalance };
 export type { TokenBalanceProps };
diff --git a/src/component-library/TokenField/TokenField.stories.tsx b/src/component-library/TokenField/TokenField.stories.tsx
index c3db745792..9bd14b3dc4 100644
--- a/src/component-library/TokenField/TokenField.stories.tsx
+++ b/src/component-library/TokenField/TokenField.stories.tsx
@@ -4,17 +4,16 @@ import { formatUSD } from '@/common/utils/utils';
 
 import { TokenField, TokenFieldProps } from '.';
 
-const Template: Story<TokenFieldProps> = (args) => <TokenField {...args} />;
+const Template: Story<TokenFieldProps> = (args) => <TokenField {...args} aria-label='token field' />;
 
 const WithBalance = Template.bind({});
 WithBalance.args = {
   tokenSymbol: 'KSM',
   valueInUSD: formatUSD(100.0),
-  defaultValue: 100.0, // `value`
-  balance: {
-    value: '1000.00',
-    valueInUSD: formatUSD(1000.0)
-  }
+  value: 100.0, // `value`
+  balance: 1000.0,
+  balanceInUSD: formatUSD(1000.0),
+  disabled: false
 };
 
 const WithoutBalance = Template.bind({});
diff --git a/src/component-library/TokenField/TokenField.style.tsx b/src/component-library/TokenField/TokenField.style.tsx
index ebf716f22f..961f395ecd 100644
--- a/src/component-library/TokenField/TokenField.style.tsx
+++ b/src/component-library/TokenField/TokenField.style.tsx
@@ -2,6 +2,7 @@ import styled from 'styled-components';
 
 import { NumberInput } from '../NumberInput';
 import { theme } from '../theme';
+import { TokenBalance } from '../TokenBalance';
 
 const TokenFieldInnerWrapper = styled.div`
   position: relative;
@@ -31,4 +32,9 @@ const TokenAdornment = styled.span`
   align-items: center;
 `;
 
-export { TokenAdornment, TokenFieldInnerWrapper, TokenFieldInput, TokenFieldSymbol, TokenFieldUSD };
+const StyledTokenBalance = styled(TokenBalance)`
+  font-size: ${theme.text.s};
+  line-height: ${theme.lineHeight.s};
+`;
+
+export { StyledTokenBalance, TokenAdornment, TokenFieldInnerWrapper, TokenFieldInput, TokenFieldSymbol, TokenFieldUSD };
diff --git a/src/component-library/TokenField/TokenField.tsx b/src/component-library/TokenField/TokenField.tsx
index 534ab2a2a9..a7e8ac1c5f 100644
--- a/src/component-library/TokenField/TokenField.tsx
+++ b/src/component-library/TokenField/TokenField.tsx
@@ -1,9 +1,11 @@
-import * as React from 'react';
+import { forwardRef, useEffect, useState } from 'react';
 
 import { NumberInputProps } from '../NumberInput';
 import { Stack } from '../Stack';
-import { TokenBalance } from '../TokenBalance';
+import { useDOMRef } from '../utils/dom';
+import { triggerChangeEvent } from '../utils/input';
 import {
+  StyledTokenBalance,
   TokenAdornment,
   TokenFieldInnerWrapper,
   TokenFieldInput,
@@ -11,17 +13,47 @@ import {
   TokenFieldUSD
 } from './TokenField.style';
 
-interface TokenFieldProps extends NumberInputProps {
-  balance?: {
-    value: string;
-    valueInUSD: string;
-  };
+type Props = {
   tokenSymbol: string;
   valueInUSD: string;
-}
+  balance?: string | number;
+  balanceInUSD?: string | number;
+};
+
+type InheritAttrs = Omit<NumberInputProps, keyof Props>;
+
+type TokenFieldProps = Props & InheritAttrs;
+
+const TokenField = forwardRef<HTMLInputElement, TokenFieldProps>(
+  (
+    {
+      tokenSymbol,
+      valueInUSD,
+      balance,
+      balanceInUSD,
+      value: valueProp,
+      isDisabled,
+      className,
+      style,
+      hidden,
+      ...props
+    },
+    ref
+  ): JSX.Element => {
+    const inputRef = useDOMRef(ref);
+    const [value, setValue] = useState<number | undefined>(valueProp);
+
+    const handleClickBalance = () => {
+      const newValue = Number(balance);
+      setValue(newValue);
+      triggerChangeEvent(inputRef, newValue);
+    };
+
+    useEffect(() => {
+      if (valueProp === undefined) return;
+      setValue(valueProp);
+    }, [valueProp]);
 
-const TokenField = React.forwardRef<HTMLInputElement, TokenFieldProps>(
-  ({ tokenSymbol, valueInUSD, balance, ...rest }, ref): JSX.Element => {
     const endAdornment = (
       <TokenAdornment>
         <TokenFieldSymbol>{tokenSymbol}</TokenFieldSymbol>
@@ -30,17 +62,30 @@ const TokenField = React.forwardRef<HTMLInputElement, TokenFieldProps>(
     );
 
     return (
-      <Stack spacing='half'>
-        {balance ? (
-          <TokenBalance tokenSymbol={tokenSymbol} value={balance.value} valueInUSD={balance.valueInUSD} />
-        ) : null}
+      <Stack spacing='half' className={className} style={style} hidden={hidden}>
+        {balance && balanceInUSD && (
+          <StyledTokenBalance
+            tokenSymbol={tokenSymbol}
+            value={balance}
+            valueInUSD={balanceInUSD}
+            onClickBalance={handleClickBalance}
+            isDisabled={isDisabled}
+          />
+        )}
         <TokenFieldInnerWrapper>
-          <TokenFieldInput ref={ref} endAdornment={endAdornment} {...rest} />
+          <TokenFieldInput
+            ref={inputRef}
+            endAdornment={endAdornment}
+            value={value}
+            isDisabled={isDisabled}
+            {...props}
+          />
         </TokenFieldInnerWrapper>
       </Stack>
     );
   }
 );
+
 TokenField.displayName = 'TokenField';
 
 export { TokenField };
diff --git a/src/component-library/utils/input.ts b/src/component-library/utils/input.ts
new file mode 100644
index 0000000000..e338ade608
--- /dev/null
+++ b/src/component-library/utils/input.ts
@@ -0,0 +1,16 @@
+import { RefObject } from 'react';
+
+/**
+ * @param {RefObject<HTMLInputElement>}  ref - input ref.
+ * @param {string | ReadonlyArray<string> | number} value - value to be included in the event
+ * @return {void} - Manually emits onChange event
+ */
+const triggerChangeEvent = (ref: RefObject<HTMLInputElement>, value: string | ReadonlyArray<string> | number): void => {
+  const setValue = Object.getOwnPropertyDescriptor(window.HTMLInputElement.prototype, 'value')?.set;
+  setValue?.call(ref.current, value);
+
+  const e = new Event('input', { bubbles: true });
+  ref.current?.dispatchEvent(e);
+};
+
+export { triggerChangeEvent };