Burning Raydium LP tokens

When you open a pool you receive LP tokens. They are the receipt for the SOL and project tokens you deposited. Burning that receipt leaves the liquidity in the pool and takes away your ability to pull it out.

The receipt and the pool

A Raydium pool holds two sides, usually your token and SOL. The ratio you deposit is the opening price, which adding liquidity walks through before you sign. In return the pool mints LP tokens to your wallet. Whoever holds those LP tokens can withdraw that share of the pool.

Buyers look at this because a pool that can be emptied is a market that can disappear. The deposit can be honest and still be withdrawable. The LP balance is what makes it withdrawable.

Burning and removing are opposites

Remove liquidity hands the LP tokens back to the pool and returns SOL and project tokens to your wallet. The pool gets thinner. That is the tool you want when you mean to exit.

Burning destroys the LP tokens. The underlying deposit stays where it is, and trades can still happen against it. Your wallet no longer has the receipt, so it cannot sign a withdrawal of that share. The price can still move. Burning does not pin a price.

A burn cannot be undone. There is no timelock and no partial undo. If you burn the whole balance, that position is permanent. If you might need the SOL back, use remove liquidity, or burn only after you have decided the deposit stays.

What buyers can and cannot conclude

A burned LP balance is evidence about that position: this receipt can no longer withdraw the liquidity it represented. It is not evidence about the rest of the token.

  • Mint authority can still increase the supply, unless it was revoked. See mint authority.
  • Freeze authority is a separate field. See freeze authority.
  • One wallet can still hold most of the supply and sell it into the pool.
  • Another LP position, if one exists, is a different receipt.

Check the burn on an explorer by looking at the LP token balance of the wallet that opened the pool. A claim in a tweet is not the check.

How the Anvilmint burn works

Burn LP lists LP mints that Raydium confirms as LP tokens for the connected wallet. It burns the full balance of the one you pick. You tick a box that the burn is permanent before the wallet opens. The fee is 0.2 SOL, and it is collected only if the burn transaction lands. The page reads the LP balance afterwards and expects it to be zero.

It will not offer an ordinary project token as if it were LP. If the position is one you still want access to, stop on this page and use remove liquidity instead.

Common questions

What does burning Raydium LP tokens do?
LP tokens are the receipt for your share of a pool. Burning them destroys that receipt. The tokens and SOL you deposited stay in the pool, and you can no longer withdraw them. Other people can still trade against the pool.
Is burning the same as removing liquidity?
No. Removing liquidity sends the SOL and tokens back to your wallet and shrinks the pool. Burning leaves the deposit in the pool and gives up the receipt. They are opposite outcomes.
Can a burn be reversed?
No. Once the LP balance is gone, there is no Anvilmint control, and no Solana instruction, that recreates your position. Only burn a balance you are certain you will never need back.
What does a burned LP not prove?
It does not fix the price, freeze the supply, or show that one wallet does not hold most of the tokens. It only shows that this LP position can no longer be withdrawn by the person who burned it. Buyers should still check mint authority, freeze authority and who holds the supply.

Burn only the receipt you mean to give up

The tool shows the LP balance and waits for a confirmation tick before the wallet opens.

Burn LP Remove liquidity

Keep reading

Mint a Solana token

SPL or Token-2022, minted to your wallet from the browser.

Mint authority explained

What it controls, and what revoking it really means.

Freeze authority explained

The power to freeze a balance, and why holders check for it.

SPL vs Token-2022

When the newer program earns its tradeoffs, and when it does not.

What a launch costs

Every line of the bill, and who receives each part.

Adding liquidity

Setting the starting price and what a Raydium pool costs.

Collecting transfer fees

Where Token-2022 fees sit and how your wallet withdraws them.

Update authority explained

The field that can still change the name, symbol and logo.

Custom token address

What a vanity mint address is, and what it does not change.