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Solana

SPL Token

Solana's standard for fungible tokens (analog to ERC-20)

Category: Solana Also known as: 0 Related terms: 2

What is SPL Token?

Token-program interface on Solana. USDT-on-Solana, USDC-on-Solana, JUP, BONK, etc. are all SPL tokens. Cheaper to deploy (~$2 vs $50 on Ethereum) and faster to transfer.

Context anchor

ERC-20 equivalent on Solana.

Related terms

  • Solana (SOL)High-throughput L1 blockchain — fast, cheap TXs, ~1s blocks
  • ERC-20Standard for fungible tokens on Ethereum (USDT, USDC, LINK, etc.)