Solana Token Glossary: Complete Terminology Guide
This comprehensive glossary defines key terms related to Solana token creation, SPL tokens, blockchain technology, and tokenomics. Use this reference to understand the terminology used throughout our guides and the Solana ecosystem. Explore our homepage for more token creation resources.
Token Creation Terms
Token Creator
A platform or tool that allows users to create Solana SPL tokens without writing code. Token creators handle all technical complexity, from wallet connections to blockchain deployment. Learn more about how token creators work.
Minting
The process of creating new tokens and adding them to the total supply. When you create a token, the initial supply is minted into your wallet. Learn about token supply and decimals.
Token Deployment
The process of creating a token on the Solana blockchain. Deployment involves creating a mint account, initialising token accounts, and configuring token parameters. See our step-by-step creation guide.
SPL Token Terms
SPL Token
Solana Program Library token - the standard token format on Solana blockchain. SPL tokens follow a specific set of rules ensuring compatibility across wallets, exchanges, and dApps. Learn about the SPL token standard.
Mint Account
The on-chain account that stores a token's metadata including name, symbol, total supply, decimals, and authorities. Each token has one mint account that serves as its unique identifier.
Token Account
An account that holds a specific type of token for a wallet address. Each wallet can have multiple token accounts, one for each different token type it holds. Learn about token account structure.
Associated Token Account (ATA)
A deterministically derived token account address for a specific wallet-token pair. ATAs make it easy to find and manage token accounts. Read our ATA guide.
Authority Terms
Mint Authority
The permission that allows creating additional tokens after initial creation. If mint authority is revoked, the token has a fixed supply. Learn about removing mint authority.
Freeze Authority
The permission that allows freezing token accounts, preventing transfers. Freeze authority is often revoked for decentralised tokens. See our token freezing guide.
Update Authority
The permission that allows modifying token metadata (name, symbol, URI). Update authority can be revoked to make metadata immutable. Learn about token authorities.
Supply and Economics Terms
Total Supply
The maximum number of tokens that will ever exist for a token. Set during creation and cannot be increased if mint authority is revoked. Learn about managing token supply.
Decimals
The number of decimal places a token uses for precision. Solana tokens typically use 9 decimals (matching SOL). Decimals determine the smallest unit of a token.
Tokenomics
The economic model and design of a token, including supply, distribution, utility, and incentives. Effective tokenomics balance these factors to create sustainable value. Read our tokenomics guide.
Token Burning
The process of permanently removing tokens from circulation by sending them to an unspendable address. Burning reduces total supply and can increase value. See our burning guide.
Blockchain and Network Terms
RPC Endpoint
Remote Procedure Call endpoint - a server that provides access to the Solana blockchain. Token creators use RPC endpoints to query blockchain data and submit transactions. Learn about RPC connections.
Mainnet
The production Solana blockchain network where real transactions occur and real value is at stake. Contrasted with testnet (for testing). Read about Solana mainnet basics.
Transaction Fee
A small amount of SOL required to process transactions on Solana. Token creation, transfers, and other operations require fees. Learn about fees and wallets.
Wallet Terms
Wallet
Software or hardware that stores private keys and allows interaction with the Solana blockchain. Popular wallets include Phantom, Solflare, and Backpack. See our wallets guide.
Seed Phrase
A series of words that can be used to recover a wallet. Also called a recovery phrase or mnemonic phrase. Must be kept secure and private. Learn about wallet security.
Public Key
The public address of a wallet that can be shared to receive tokens. Derived from the private key but cannot be used to spend tokens.