A crater lake is a lake that forms in a volcanic crater or caldera, such as a maar; less commonly and with lower association to the term a lake may form in an impact crater caused by a meteorite, or in an artificial explosion caused by humans. Sometimes lakes which form inside calderas are called caldera lakes, but often this distinction is not made. Crater lakes covering active (fumarolic) volcanic vents are sometimes known as volcanic lakes, and the water within them is often acidic, saturated with volcanic gases, and cloudy with a strong greenish color. For example, the crater lake of Kawah Ijen in Indonesia has a pH of under 0.5. Lakes located in dormant or extinct volcanoes tend to have fresh water, and the water clarity in such lakes can be exceptional due to the lack of inflowing streams and sediment.
Crater lakes form as the created depression, within the crater rim, is filled by water. The water may come from precipitation, groundwater circulation (often hydrothermal fluids in the case of volcanic craters) or melted ice. Its level rises until an equilibrium is reached between the rates of incoming and outgoing water. Sources of water loss singly or together may include evaporation, subsurface seepage, and, in places, surface leakage or overflow when the lake level reaches the lowest point on its rim. At such a saddle location, the upper portion of the lake is contained only by its adjacent natural volcanic dam; continued leakage through or surface outflow across the dam can erode its included material, thus lowering lake level until a new equilibrium of water flow, erosion, and rock resistance is established. If the volcanic dam portion erodes rapidly or fails catastrophically, the occurrence produces a breakout or outburst flood. With changes in environmental conditions over time, the occurrence of such floods is common to all natural dam types.