🌪️Create Liquidity Pool

Steps to create Liquidity Pool on Solana

We have several DEXs where to create it, although the most common and recommended is Raydium. Let's go directly to the step-by-step tutorial on how to create a liquidity pool in Solana without further ado. Once the market is created in Raydium, we can proceed directly with creating the liquidity pool. It is important to note that you can only create the liquidity pool if your token is "Revoke Freeze authority", that mean that it has limited the creation of more tokens, so the maximum supply is fixed.

Having this clear, we have to access directly to the section to create pools in Raydium: raydium.io/liquidity/create/ and connect our wallet.

Here we paste the "OpenBook Market ID" that we have previously copied and click on confirm.

We continue with one of the key sections: setting the initialprice of our token and adding liquidity to the pool.

Regarding the starting price simply indicate the one you consider optimal, it is recommended to prepare a complete tokenomics to follow a strategy.

Continue indicating the amount of liquidity of each token you are going to deposit, remember to have enough in your wallet.

Finally, select the date of publication of the liquidity pool and click on confirm. After clicking on the button we will have to confirm 2 transactions, then we will see the IDofourliquiditypool (so we can easily search for it) and we will have finished the process. Now our Solana liquidity pool is created.

This liquidity pool will remain active on the page we entered at the beginning of this second step. FAQ: How to create liquidity pool on Solana

Is it advisable to create a liquidity pool in Solana?

Creating a liquidity pool in Solana can be very interesting, but you will need a strategy to follow so that your project is not affected. So before you start creating the liquidity pool, remember to prepare your tokenomics and your marketing plan ahead. How much does it cost to create a liquidity pool in Solana?

Creating a Liquidity Pool in Solana has 2 costs: Market Fees and Liquidity. Market Fees are currently between 0.4 and 3 SOL. The liquidity cost is up to you, i.e. you can add as much liquidity as you decide. If you are going to create a token from 0 and you don't want to add much liquidity, the most common is to start with a very low price, so the liquidity scales with the price of the token. Where can I create liquidity pool in Solana?

Solana's best known DEX is Raydium, you can do the complete process of creating your liquidity pool from our tool in Smithii.