[Guide] Create SOL OpenBook Market ID

Low-cost OpenBook Market ID Creation #

On Solana, after a token is created, it usually needs liquidity before it can trade. When creating a Raydium pool, a common prerequisite is creating an OpenBook market ID first. OpenBook provides market infrastructure for Swap liquidity, and different Swaps can share liquidity through OpenBook.

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Recommended setup: desktop Google Chrome + Phantom. Mobile users can also open the link from TokenPocket - Discover.

Please use the official website only: fatsale.org

Tool Entry
Open OpenBook Market ID Tool
Video Demo

Use Cases #

  • Prepare an OpenBook market ID before creating a Raydium liquidity pool
  • Create a basic usable market ID at lower cost
  • Choose different configurations based on project budget
  • Customize minimum order size and minimum price tick

Steps #

  1. Open the OpenBook market ID tool.
  2. Connect Phantom or TokenPocket.
  3. Select the target network.
  4. Enter the base token mint, usually your SPL token address.
  5. Enter the quote token mint, usually SOL or a stablecoin mint.
  6. Set minimum order size and minimum price tick according to your token decimals and expected trading range.
  7. Review the estimated cost and configuration.
  8. Click create and confirm the transaction in your wallet.
  9. After creation succeeds, copy and save the OpenBook market ID.

Parameters #

ParameterDescription
Base tokenToken that users will trade, usually your project token.
Quote tokenToken used for pricing, usually SOL or a stablecoin.
Minimum order sizeSmallest allowed order size. It affects trading granularity.
Minimum price tickSmallest price movement. It affects quote precision.
NetworkThe Solana network where the market ID is created.

FAQ #

  • Why do I need an OpenBook market ID? Some liquidity pool creation flows, such as Raydium, require a market ID before creating a pool.

  • Can I reuse a market ID? Use the market ID that matches your token pair. Do not randomly reuse a market ID from another token pair.

  • What should I do after creation? Save the market ID and use it when creating the liquidity pool.

  • What if I enter the wrong token or parameters? On-chain creation cannot be undone. Check token addresses and parameters carefully before confirming.