Burn Your SPL Tokens on Solana | Here’s How to Do It with MakeYourCoin

Burn Your SPL Tokens on Solana | Here’s How to Do It with MakeYourCoin

Published: May 13, 2025, Author: MakeYourCoin

Maybe you minted too many tokens. Maybe you're managing supply. Or maybe you're just going full degen and want to add some deflationary spice to your project.

Whatever the reason — burning tokens is part of being a responsible token creator, and it’s super easy to do with the MakeYourCoin app.

Let’s walk through it.

First Things First: Got an SPL Token?

Before you can burn tokens, you need to actually have some tokens to burn.

If you don’t already have your own SPL token on Solana, no worries — you can create one in just a few minutes right inside the MakeYourCoin app. Just open the app, go to Create Token, and follow the steps.

Then come back here once that’s done.

Step-by-Step: Burning Your Tokens

1. Open the MakeYourCoin App

If you haven’t already, download the app and open it up. Get yourself to the home screen.

2. Head to “Solana Manager”

Tap on the Solana Manager option. This is where you’ll find all the tools you need to manage your token — minting, freezing, making it immutable, and yep — burning.

3. Tap “Burn Tokens”

Look for the Burn Tokens button and give it a tap. You’ll be taken to a super simple form.

4. Fill Out the Burn Form

You’ll see three fields:

  • Token Address: Enter the address of the SPL token you want to burn.
  • Network: Solana Mainnet is the option here
  • Amount to Burn: How many tokens do you want to send into the void? Type it in (make sure you follow your token’s decimal format).

5. Connect Your Wallet

Before you burn anything, you need to connect your wallet. Use Phantom or Solflare, whichever holds the tokens you want to burn. You’ll also need to have burn authority over the token.

6. Click “Execute” and Confirm the Transaction

Once you’re set, hit that Execute button. You’ll be asked to confirm a transaction in your wallet — the burn costs just 0.1 SOL. Approve the transaction and boom, your tokens are gone forever.

Why Burn Tokens?

  • Control inflation or reduce circulating supply
  • Clean up unused or leftover test tokens
  • Create scarcity and build project value

Whatever your reason, MakeYourCoin makes it ridiculously easy to take full control of your tokenomics.

Now go ahead — open up the app and take control of your token supply like a pro. If you need help with token creation, minting, or making your token immutable, we've got guides for those too.