LP Tokens

« Back to Glossary Index

The LP tokens or the Liquidity Provider tokens are those coins that are issued to the liquidity providers (decentralized exchange users funding a liquidity pool with their owned tokens) on a Decentralized Exchange (DEX) running on an Automated Market Maker (AMM) protocol. Some popular DEXs that distribute the LP tokens to their liquidity providers are Sushi, Uniswap and PancakeSwap.

« Back to Glossary Index

Check Also


7 Best VPN For Streaming: Enjoy Your Shows From Anywhere

Isn’t it frustrating when you just want to kick back and watch your favorite shows …