Solana Glossary
What Is an SPL Token?
An SPL token is a fungible digital asset on the Solana blockchain. Learn what SPL tokens are, how they work, and how to create one.
An SPL (Solana Program Library) token is a fungible digital asset built on the Solana blockchain using the standard token program. SPL tokens are Solana's equivalent of Ethereum's ERC-20 tokens — they can represent anything from meme coins and utility tokens to stablecoins and governance tokens. Every Solana wallet, decentralized exchange, and explorer supports SPL tokens. SPL is the default token standard for Solana, with over 11 million tokens created using it.
How SPL Tokens Work
SPL tokens are created and managed by the SPL Token Program, a system program deployed on Solana. When you create an SPL token, you are creating a mint account that defines the token's properties:
- How divisible the token is (9 is standard, like SOL itself)
- How many tokens exist
- Who can create new tokens
- Who can freeze token accounts
Each wallet that holds your token has an Associated Token Account (ATA) that tracks their balance. Transfers move tokens between these accounts.
SPL Token vs Token-2022
Solana has two token standards:
- The original standard. Maximum ecosystem compatibility. No built-in extensions.
- The newer standard with extensions like transfer fees, confidential transfers, and non-transferable tokens.
For most projects, especially meme coins, SPL tokens are recommended for maximum compatibility across wallets and DEXs.
How to Create an SPL Token
Create an SPL token on SolTokenCreator.io in under 60 seconds:
- Connect your Solana wallet
- Enter token name, symbol, supply, and decimals
- Upload a logo
- Click Create Token (0.5 SOL)
Your SPL token is live on Solana immediately.