> For the complete documentation index, see [llms.txt](https://docs.flash.trade/flash-trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.flash.trade/flash-trade/flash-trade-protocol/technical-architecture/flp-token/flp.md).
# FLP
FLP is Flash Trade's auto-compounding liquidity token that automatically reinvests all fees and trading PnL every hour.
**Key Features:**
* **Auto-Compounding:** All performance rolls directly into token price - no manual action required
* **Up to 90% Fee Share:** Earns up to 90% of all protocol trading fees (Fee Share can be different per pool)
* **Market Tradable:** Can be bought/sold on open markets
* **Set-and-Forget:** Ideal for passive investors wanting automated yield
**How It Works:** Simply hold FLP tokens in your wallet to automatically earn from all Flash Trade activity. No staking, claiming, or management required.
**Best For:** Users who want passive, automated returns without active management.
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# Agent Instructions
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## Querying This Documentation
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