a phrase started in North Texas not too long ago that is often substituted for words such as "cool", "tight", or "dope". There is no actual meaning behind the phrase "mad pellets", but it's fun to say.
Jason: Bro, did you see that dunk last night?
Theo: Yeah, LeBron James is mad pellets.

Mustafa: That new Soulja Boy album was mad pellets!!
Socrates: Not really... it's Soulja Boy.
by elcerebro June 27, 2010

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