Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

What is Liquidity Provider (LP) Token?

Crypto Terms Glossary: What is Liquidity Provider (LP) Token?

A liquidity provider token (LP token) is a token that is created and awarded to a user that deposits assets into a liquidity pool. LP tokens represent the share of the liquidity pool that the liquidity provider owns and the LP typically receives a percentage of liquidity pool trading fees as a financial incentive. LP tokens can usually be transferred, exchanged, and staked.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Press Releases: Cherry AI: A revenue-backed infrastructure layer positioned for a breakout IDO
In a market saturated with underperforming tokens and fragmented utility models, few Web3 projects demonstrate early-stage profitability, product depth, and embedded user distribution prior..
Press Releases: Gate.io's 12-Year Milestone: Ecosystem Reconstruction and Future Blueprint Behind GT's Value Surge
In the fast-evolving world of digital assets, 12 years marks a period of deep engagement that spans nearly the entire lifecycle of the industry..
Press Releases: Gate.io Kicks Off WCTC S7: Race for a $5 Million Prize Pool and a Ford Mustang GT
Apr 15th, Panama -April 2025 marks the launch of one of the most anticipated events in the crypto world: Gate.io’s World Crypto Trading Competition Season 7 (WCTC S7)..
Press Releases: Gate.io Celebrates 12th Anniversary with a Major Brand Upgrade: Opening the Gateway to the Future of Crypto
Global leading cryptocurrency exchange Gate.io is marking a significant milestone—its 12th anniversary—by unveiling a comprehensive brand upgrade, including the debut of its new official..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more