Glossary / DeFi
The receipt token an AMM issues to a liquidity provider, representing their share of the pool.
When you add liquidity to Raydium or Orca, you receive LP tokens (SPL tokens) representing your share of the pool. Burning them returns your share plus accrued fees.
For token launches, burning LP tokens is the strongest trust signal — permanent liquidity means no one can drain the pool.
The fastest way to internalize a term is to see it live on a Solana token you know. Paste any mint below to run a public Launch Score.