StakePoint
Solana DeFi Glossary
Definitions of key terms used in Solana DeFi, token locking, LP locking, and staking. Published by the StakePoint team.
SPL Token
The standard token format on the Solana blockchain.
Definition
An SPL token is a token created using the Solana Program Library (SPL) token standard. SPL is the standard token format on the Solana blockchain — the equivalent of ERC-20 tokens on Ethereum.
SPL tokens are used for everything from memecoins to governance tokens and stablecoins on Solana. They can be created, transferred, and managed using Solana wallets such as Phantom and Solflare.
SPL tokens have a straightforward feature set. For more advanced features such as transfer taxes, interest-bearing mechanics, and custom extensions, Token-2022 is the updated standard.
StakePoint & SPL Token
StakePoint supports all SPL tokens for both token locking and staking pools. Any SPL token on Solana — from any launchpad or DEX — can be locked or staked on StakePoint.
Related Pages
Frequently Asked Questions
What is an SPL token?
An SPL token is the standard token format on the Solana blockchain, equivalent to ERC-20 on Ethereum. Most Solana tokens including memecoins, governance tokens, and stablecoins are SPL tokens.
What is the difference between SPL and Token-2022?
SPL is the original Solana token standard. Token-2022 is an updated standard that adds features like transfer taxes, interest-bearing mechanics, and custom extensions.
Related Terms
Token-2022
An upgraded Solana token standard supporting transfer taxes and custom extensions.
Solana Token Locker
A smart contract that locks SPL tokens on-chain until a set unlock date.
Staking Pool
An on-chain contract where token holders deposit tokens to earn rewards.
Raydium
The largest decentralised exchange and AMM on Solana.
Solana DeFi
Decentralised finance applications built on the Solana blockchain.