Leifeng Pagoda was built in the 2nd year of the Xingguo Dynasty (977) of the Taiping Dynasty of the Northern Song Dynasty, and was built by Qian Hongli, the king of Wuyue of the fifth dynasty, to enshrine the relics of the Tibetan Buddha, and there are also legends that Qian Hongling built it for his princess Huang. When Leifeng Pagoda was first built, it was eight sides and seven floors, and it was rebuilt as eight sides and five floors in the Southern Song Dynasty, with the title "Leifeng Xizhao", which was listed as one of the "Ten Views of West Lake". In 1924, Leifeng Pagoda collapsed, and from 2000 to 2001, the Zhejiang Provincial Institute of Cultural Relics and Archaeology conducted archaeological excavations on the site of Leifeng Pagoda, which is the only scientifically excavated pagoda underground palace in the Five Dynasties period, providing first-hand information for understanding the history of Wuyue Kingdom.