The fireball of a planet named Kepler 78b is extremely close to its star - its orbital radius is only about three times the radius of the star.
Scientists have estimated that its surface temperatures may be more than 2760 degrees Celsius.
In such a scorching environment, the top layer of the planet is likely completely melted, creating a massive, roiling ocean of lava, researchers at Massachusetts Institute of Technology (MIT) said.
What's most exciting to scientists is that they were able to detect light emitted by the planet - the first time that researchers have been able to do so for an exoplanet as small as Kepler 78b.
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This light, once analysed with larger telescopes, may give scientists detailed information about the planet's surface composition and reflective properties.
Such information may be used to measure the planet's mass, which could make Kepler 78b the first Earth-sized planet outside our own solar system whose mass is known.
From their measurements of Kepler 78b, the team determined that the planet is about 40 times closer to its star than Mercury is to our Sun.
The star around which Kepler 78b orbits is likely relatively young, as it rotates more than twice as fast as the sun - a sign that the star has not had as much time to slow down.
The researchers reported their discovery in The Astrophysical Journal.