Is K2-18b covered in oceans of water or oceans of lava?

In the search for potentially life-supporting exoplanets, liquid water is the key indicator. Life on Earth requires liquid water, and scientists strongly believe the same is true elsewhere. But from a great distance, it's difficult to tell what worlds have oceans of water. Some of them can have lava oceans instead, and getting the two confused is a barrier to understanding exoplanets, water, and habitability more clearly.