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What are liquidity provider (LP) tokens, and how do they work?

May 8, 2023 by DIGIT
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Providing liquidity to a pool could be another source of passive income in crypto. Find out here what liquidity provider tokens are and how they work.

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Categories liquidity provider, LP tokens
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  • bitcoinBitcoin(BTC)$71,242.00-6.29%
  • ethereumEthereum(ETH)$2,120.79-5.73%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$694.58-7.97%
  • rippleXRP(XRP)$1.41-11.76%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$92.17-4.96%
  • tronTRON(TRX)$0.280976-1.95%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.101251-5.96%
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  • bitcoinBitcoin(BTC)$71,242.00-6.29%
  • ethereumEthereum(ETH)$2,120.79-5.73%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$694.58-7.97%
  • rippleXRP(XRP)$1.41-11.76%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$92.17-4.96%
  • tronTRON(TRX)$0.280976-1.95%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.101251-5.96%