LP lock explained: why burned liquidity tokens protect every holder
'Locked LP' appears in every serious launch. What LP tokens are, how burning works, and how to verify a lock yourself.
What LP tokens are
When a liquidity pool is created, whoever funds it receives LP (liquidity provider) tokens — receipts that can be redeemed to withdraw the pooled assets. Whoever holds them controls the liquidity.
How locking works
The strongest form of 'locking' is burning: sending LP tokens to an irrecoverable address. Once burned, nobody — including the platform that created the pool — can ever withdraw the liquidity. Rug pulls become technically impossible.
Verifying a lock
The burn transaction signature should be public. At CoinPlex it is published in your order dashboard and coin page; paste it into a block explorer to confirm the tokens went to a burn address.
FAQ
Is a time-lock as good as burning?
Time-locks eventually expire; burns never do. Burning is the stronger guarantee.
Does locked liquidity earn yield?
No — burned LP tokens are gone. That trade-off is what makes the liquidity trustworthy.
Create your own Solana token — no coding, full supply to your wallet.
See packages