What is Token-2022?

The original Token Program is deliberately plain. Token-2022 is a separate program with the same model of mints and token accounts, plus extensions an issuer switches on when creating a token. It lives at a different program ID. That is why a wallet or app has to support it on purpose, and why older tools sometimes miss these tokens.

The list of extensions is long. Transfer fees withhold a cut of every transfer, and transfer hooks call a custom program on each move. Metadata can live in the mint itself. There are also interest-bearing tokens (only the displayed balance grows, not the supply), non-transferable tokens, confidential transfers, and a permanent delegate that can move or burn tokens from any account.

Regulated issuers like it for the controls. PayPal's PYUSD on Solana is a Token-2022 token, and other stablecoin and tokenized asset issuers use the permanent delegate extension for clawbacks.

For a holder, extensions change the risk. Made-up example: you send 1,000 units of a token with a 2 percent transfer fee. The recipient can use 980, and 20 sit withheld for the fee authority to collect. A hook can block transfers outright. A permanent delegate means the issuer can take tokens back. Read the extension list before you size a position.

Also called: Token Extensions, Token-2022 program.

Solana watch-only portfolios read Token-2022 balances next to native SOL and standard SPL tokens from a public address, priced with DexScreener market data. Cashboard does not list a token's extensions, so check transfer fees and delegates in a block explorer.

• Portfolio
• Net worth

• Official sitesolana.com
• Official documentationsolana.com

• SPL token
• Stablecoin
• Token contract address
• Real-world assets