- Compressed token accounts store token balance, owner, and other information of tokens like SPL and light-tokens.
- Compressed token accounts are rent-free.
- Any light-token or SPL token can be compressed/decompressed at will.
Wallets like Phantom and Backpack support compressed tokens. The UI does not distinguish between SPL and compressed tokens.
Recommended Usage of Compressed Tokens
Token Distribution
Distribute tokens without paying upfront rent per recipient.
Create an Airdrop
Storage of Inactive Token Accounts
Most (associated) token accounts are not frequently written to. Store token accounts rent-free when inactive. Light tokens are automatically compressed/decompressed when active/inactive and include sponsored rent-exemption.
Learn about Light Token
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Installation & Setup
Installation & Setup