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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)$88,634.000.73%
  • ethereumEthereum(ETH)$3,022.401.88%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$858.880.85%
  • rippleXRP(XRP)$1.92-0.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.210.80%
  • tronTRON(TRX)$0.2886872.39%
  • staked-etherLido Staked Ether(STETH)$3,021.891.88%
  • dogecoinDogecoin(DOGE)$0.1316240.22%
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  • bitcoinBitcoin(BTC)$88,634.000.73%
  • ethereumEthereum(ETH)$3,022.401.88%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$858.880.85%
  • rippleXRP(XRP)$1.92-0.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.210.80%
  • tronTRON(TRX)$0.2886872.39%
  • staked-etherLido Staked Ether(STETH)$3,021.891.88%
  • dogecoinDogecoin(DOGE)$0.1316240.22%