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How to use Create OpenBook Market tool?
1
Connect Your Wallet
Connect your web wallet by clicking on the "Connect Wallet" button at the top right of the screen.
2
Select Your Base Token
Enter your token’s contract address or choose a token from your wallet by clicking "Select from Wallet."
3
Enter Minimum Order Size and Tick Size
- Minimum Order Size (Minimum Buy): Enter the desired minimum order size for your token.
- Tick Size (Minimum Price Change): Enter the desired tick size for your token.
If you’re unsure of the values to provide, use the table below as guidance:
Token supply
Min Order Size
Tick Size
100K
0.01
0.0001
1M
0.1
0.00001
10M
1
0.000001
100M
10
0.0000001
1B
100
0.00000001
10B
1000
0.000000001
100B
10000
0.0000000001
Note: These settings are suggestions. Always perform your own research to ensure the values fit your strategy.
4
Choose Advanced OpenBook Market Options
- Adjust advanced settings if necessary.
- Important: Do not change these settings unless you fully understand how OpenBook works.
5
Submit the Form
Click “Create” and confirm the transaction in your web wallet. After confirming all required transactions, your OpenBook market ID will be generated and displayed below the form, along with a link to SolScan.
6
Track Your Order
Your order will process immediately. You can track its details on the "Order History" page.
Still have questions?
Contact support
Create OpenBook Market
Creating an OpenBook Market involves establishing a new trading pair (market).
Set Token Pair
Min order size & tick size guide
- Minimum Order Size (Minimum Buy): The smallest amount of your token that someone can purchase in a single transaction.
- Tick Size (Minimum Price Change): The smallest allowable price change for your token.
If you’re unsure of the values to provide, use the table below as guidance:
Token supply
Min Order Size
Tick Size
100K
0.01
0.0001
1M
0.1
0.00001
10M
1
0.000001
100M
10
0.0000001
1B
100
0.00000001
10B
1000
0.000000001
100B
10000
0.0000000001
Note: These settings are suggestions. Always perform your own research to ensure the values fit your strategy.
Frequently Asked Questions
What is Create OpenBook Market Tool?
What are the Base Token and Quote Token?
Will my token be tradable immediately after creating an OpenBook Market?
What are Minimum Order Size and Minimum Tick Size?
What issues might I face with a cheaper OpenBook Market ID?