How to Create a Pool on Saros DLMM
To start providing liquidity on Saros DLMM, you need to create a pool if one doesn’t already exist for your token pair. This step allows others to add liquidity and start trading.
Last updated
To start providing liquidity on Saros DLMM, you need to create a pool if one doesn’t already exist for your token pair. This step allows others to add liquidity and start trading.
Last updated
At the moment, you can connect to Saros DLMM using Coin98 Super Wallet.
You need to download and set up a Multichain or Solana wallet to use Swap feature
Kindly refer to this
Saros DLMM operates on the Solana network, so you can only transact with tokens following the SPL standard.
Transaction fees are paid in SOL (SPL token), so make sure you have enough SOL before making any transactions.
Step 1: Access the Saros DLMM Swap via
Step 2: Click on Connect Wallet at the top right corner and choose your wallet (Coin98) and proceed to connect
Step 3: Go to the Pool tab and click Create New Pool.
Step 4: Enter the details for the pool you want to create:
- Select token pair: Choose your token and quote asset.
- Select bin steps: Bins are containers within a pool that hold your tokens and liquidity. Bin Steps determine the distance between bins. Available options are 0.1%, 0.25%, 0.5%, and 1%. Example: If the bin step is 1% and the active bin price is $1, the bins will be at prices like $1.00, $1.01, $1.02, etc. Each bin holds liquidity at its specific price level. Smaller steps create closer bins for finer pricing, while larger steps spread bins out for wider price coverage.
- Enter Active Price: Ensure the active price closely aligns with the current market price for accurate and efficient trading. If no one swaps within your liquidity range, you may not earn any fees.
Step 5: Click Create Pool and confirm the transaction.
After creating the pool, you can to it to start earning fees and enable trading.
