How do I create an OpenBook Market ID on Solana?

Connect a Solana wallet, paste your token's mint address, leave min order size at 2 and tick size at 4 unless you know you need something else, and approve two transactions — the first creates the token vaults, the second creates the market and its bids, asks and event-queue accounts. The Market ID is returned on this page as soon as the second transaction confirms, and it is usable immediately.

How much does it cost to create a Market ID on Solana?

2 SOL is our platform fee for the tool. On top of that your wallet pays real on-chain rent for the market's own accounts — at least ~0.30 SOL more — plus the Solana transaction fee, so hold ~2.30 SOL before you start. The rent is not spent; it sits in the accounts for as long as they exist.

Do I need an OpenBook Market ID to create a Raydium pool?

Only for a Raydium AMM V4 pool, and only if you are opening it somewhere that asks you for an existing Market ID — Raydium's own official AMM V4 flow does. Raydium CPMM pools need no Market ID at all, and this site's own Create Liquidity Pool tool builds the required market automatically as part of AMM V4 pool creation, so you do not buy one here first.

What do I enter for min order size and tick size?

Both fields take an exponent, not the literal amount. The value you type is the negative power of ten. For min order size: enter 0 for a minimum order of 1 token, 1 for 0.1, 2 for 0.01 (the default), -1 for 10, -2 for 100. For tick size: enter 4 for a 0.0001 price increment (the default), 5 for 0.00001, 6 for 0.000001. The defaults of 2 and 4 suit most 9-decimal tokens. This is the single most common mistake — typing 0.0001 into the tick size field does not give you a 0.0001 tick, it produces an unusable market.

Can I change lot size or tick size after creating the market?

No. Market parameters are fixed at creation and there is no update instruction. If the values are wrong the only remedy is creating a second market, which means paying the rent again. Because the settings are permanent and the cost is the highest of any step in a launch, read the settings guide on this page before you approve the transaction, or practise on devnet first.

Do I actually need an OpenBook Market ID?

Only if you are opening a Raydium AMM V4 pool. Raydium CPMM pools, Meteora pools and Orca Whirlpools do not use OpenBook order books and need no Market ID, and Jupiter aggregates CPMM pools exactly as it aggregates V4 pools. For most new tokens a CPMM pool is the simpler and far cheaper route. Create a Market ID when you specifically want an order book behind your pair.

Why does this cost 2 SOL when other tools advertise 0.2 SOL?

Honestly: the 2 SOL is entirely our own platform fee for the tool — it is a direct transfer to us, not rent, and it does not include what the market's accounts cost to create. That's a separate, additional charge: real on-chain rent for the market itself, its request queue, event queue, bids and asks, plus two token vaults, sized by how large those accounts are allocated. We can't quote you an exact rent figure here — it depends on this deployment's configured account sizes — but the smallest OpenBook market this codebase builds anywhere (our own AMM V4 pool tool, at the cheapest configuration the underlying Raydium SDK offers) needs at least 0.30 SOL for that alone, verified directly against Solana's rent-exemption formula. Budget ~2.30 SOL total, not just the 2 SOL fee. A tool advertising 0.2 SOL all-in is likely charging little to no platform fee and allocating small order-book and event-queue accounts. That account-size choice is a genuine trade-off regardless of who charges what: a small event queue fills up on a busy market, and once it is full new fills stop being processed until someone cranks it. If your token is not going to see real volume, the honest answer is that you probably want a CPMM pool and no Market ID at all.

Where does the 2 SOL go?

All of it is our platform fee for the tool, transferred directly to us in the same transaction. It is separate from the real, additional rent-exempt deposit the same transaction also pays into the market's own on-chain accounts (the market, request queue, event queue, bids, asks, and two token vaults) — that rent is not part of the 2 SOL, it's on top of it. The rent itself is not spent — it sits in the accounts for as long as they exist — but it does have to be in your wallet alongside the fee.

What is an OpenBook Market ID?

It is the address of an on-chain order book for one trading pair — your token against a quote token, usually SOL. OpenBook is the community-maintained continuation of Serum's order-book program. Raydium AMM V4 pools are built on top of that order book, which is why the Market ID has to exist before the pool does.

What do I do with the Market ID after I create it?

Honestly: not with this site's own AMM V4 pool tool. Our Create Liquidity Pool page's AMM V4 form builds its own OpenBook market automatically, in the same transaction as the pool — it has no field to paste an existing Market ID into, and it cannot use one you created here. If your only goal is an AMM V4 pool on this site, skip this page entirely; Create Liquidity Pool does it for you, at no extra platform fee for the market itself. This tool is for the separate case where you need a standalone OpenBook Market ID to hand to something other than this site's own pool tool — for example Raydium's own official AMM V4 pool-creation flow, which does ask you to supply an existing Market ID. Check where you're taking the ID before you pay for it.

Can I reuse one Market ID for several pools?

A Market ID identifies one pair, and a Raydium V4 pool is created against one market. If you want a second pool on a different quote token you need a market for that pair. Most projects only ever need one.

Can I test on devnet first?

Yes on devnet itself, but not through this tool — it is mainnet only and has no network selector. Given that lot and tick size are permanent and a mainnet market costs 2 SOL, rehearsing is worth it: create a market against a devnet mint with the Solana CLI and your own devnet wallet, confirm the values behave the way you expect, then come back here for the mainnet market.

How do I find a Market ID I already created?

Look up your wallet on Solana Explorer and find the market creation transaction — the Market ID is the market account created in it. If a Raydium V4 pool already exists for the pair, the market address is also shown in the pool's information on Raydium.

Create OpenBook Market ID on Solana

An OpenBook Market ID is the address of an on-chain order book for your token — the thing a Raydium AMM V4 pool is built on. To create an OpenBook Market ID for a Solana token here: connect your wallet, enter the token's mint address, keep the defaults — min order size 2, tick size 4 — and sign two transactions. The price is 2 SOL — our platform fee — plus the market's own on-chain rent (at least ~0.30 SOL more), so budget ~2.30 SOL total.

No OpenBook CLI, no keypair files, no hand-computed lot sizes: the tool reads the decimals from your mint, derives the base and quote lot sizes, and returns a standalone Market ID that exists on-chain the moment the second transaction confirms. Market parameters are permanent, so check the settings guide below the tool before you sign. Note: this site's own AMM V4 pool tool builds its own market automatically as part of pool creation and cannot accept a Market ID you created separately — see the FAQ for who this tool is actually for.

Create Market ID Below

How to use Openbook Market ID Creator

To have your token listed on an exchange such as Raydium, you must first create a market ID. This identifier is essential for integrating your token into the exchange's ecosystem, enabling trading and visibility among users. The process involves specifying key details about your token, such as supply, trading pairs, and market rules, to ensure it meets the exchange's standards and regulatory requirements. Creating a market ID is a crucial step for your token's successful listing and subsequent trading on the platform.

1. Enter Base Token: Copy the address of your newly created token and paste here.

2. Enter Min. Order Size (see below)

3. Enter Tick Size (see below)

Openbook Market ID Creator

Connecting is free and read-only.It shares your wallet address so this page can load your tokens. Nothing is signed or charged until you approve it in your own wallet, and we never see your seed phrase.

Base Token*

Min Order Size*

Min Order size refers to the minimum quantity of an asset that can be traded in a single transaction.

= minimum order size of 0.01

Tick Size*

Tick size is the smallest increment by which the price of the asset can move.

= tick size of 0.0001

I understand these settings are permanent — a min order size of 0.01 and a tick size of 0.0001 cannot be changed after the market is created.

Please make sure you have at least ~2.30 SOL in your wallet — the 2 SOL fee plus real on-chain rent for the market's own accounts, which is additional to it.

Your wallet will ask you to approve this in two steps — token vault accounts, then the market itself. That second prompt is expected, not an error.

The minimum order and tick size outlined below serve as general guidelines for creating a market. However, you should tailor these parameters to suit your token based on its total supply, the liquidity available in the pool, and the target price.

Token Supply

Min Order Size

Tick Size

100k

0.01

0.0001

0.1

0.00001

10M

0.000001

100M

0.0000001

100

0.00000001

10B

1,000

0.000000001

100B

10,000

0.0000000001

Min. Order Size: For a minimum order size of 0.01, you should enter 2 under the market ID Min. Order size settings. This indicates that each lot in your trades within the open book market represents 0.01 units of token.

For a minimum order size of 0.1, enter 1 under the market ID Min. Order size settings.

For a minimum order size of 1, enter 0 under the market ID Min. Order size settings

For a minimum order size of 10, enter -1 under the market ID Min. Order size settings.

For a minimum order size of 100, enter -2 under the market ID Min. Order size settings, and so on.

Tick Size: The tick size, which is the smallest possible price change in the market, should be set according to the market's requirements. For a tick size of 0.0001, enter 4 under the market ID tick size settings. This setup ensures that price changes are measured in increments of 0.0001.

For a tick size of 0.00001, enter 5 under the market ID tick size settings.

For a tick size of 0.000001, enter 6 under the market ID tick size settings.

For a tick size of 0.0000001, enter 7 under the market ID tick size settings.

Min Order Size and Tick Size: What to Enter

Both fields take an exponent, not the amount itself. The number you type is the negative power of ten. Typing 0.0001 into the tick size field does not give you a 0.0001 tick — it produces a market nobody can trade against, and market parameters cannot be changed after creation.

Min Order Size

Enter	Smallest tradeable amount
-2	100 tokens
-1	10 tokens
0	1 token
1	0.1 tokens
2	0.01 tokens (default)

Tick Size

Enter	Smallest price move
2	0.01
3	0.001
4	0.0001 (default)
5	0.00001
6	0.000001

The defaults — 2 for min order size and 4 for tick size — are right for most 9-decimal tokens. Pick a larger tick exponent only if your token will trade far below 0.0001 SOL, and a smaller min order size exponent if your supply is small enough that 0.01 tokens is a meaningless order.

Do You Need a Market ID?

Fewer launches need this page than you'd think. AMM V4 pools are built on an OpenBook market as a general matter of how Raydium's V4 program works — but if you're opening that AMM V4 pool with this site's own Create Liquidity Pool tool, it builds the market for you automatically, in the same transaction, at no extra platform fee. This page exists for the separate case where you need a standalone Market ID to hand to a different tool — Raydium's own official pool-creation flow, for example, which does ask you to supply an existing Market ID. If that's not your situation, skip this page and save the 2 SOL.

Pool type	Market ID needed?	Jupiter picks it up?
Raydium AMM V4	Yes — required	Yes
Raydium CPMM	No	Yes
Meteora DLMM	No	Yes
Orca Whirlpool	No	Yes

For most new tokens a Raydium CPMM pool is the simpler route and needs no Market ID. Choose AMM V4 when you specifically want an order book behind the pair.

Why 2 SOL, When Others Advertise 0.2

Honestly: our 2 SOL is entirely a platform fee for the tool — not rent, and not the whole cost of the transaction. Real on-chain rent for a market's accounts — the market itself, its request queue, event queue, bids and asks, plus two token vaults — is a genuine, additional cost on top of that fee, and it does scale with how much account space you allocate. Budget ~2.30 SOL total, not just the 2 SOL fee. A tool advertising 0.2 SOL is very likely charging little to no platform fee of its own, allocating smaller order-book and event-queue accounts, or both — so compare their all-in total against ours, not sticker price against sticker price.

Account size is a real trade-off wherever it shows up, regardless of who is charging what: the event queue holds fills that have not been processed yet, and when a small queue fills up on a busy market, new fills stop settling until someone cranks it. A market sized for a token that never trades needs less space for a reason.

We do not think that makes a cheaper tool wrong — it is a different product, possibly with a smaller fee attached. So the useful advice is the one that costs us the sale: if your token is not going to see real volume, do not buy a Market ID at either price. Open a CPMM pool instead, get the same Jupiter listing, and spend the SOL on liquidity.

What the 2 SOL covers: entirely our own platform fee for the tool. Real on-chain rent held in the market's accounts — which stays there rather than being spent — and the Solana transaction fee, are additional costs your wallet also needs to cover in the same transaction, at least ~0.30 SOL more. See the full pricing breakdown.

Where This Fits in a Token Launch

Minting a token is the first of four steps most launches actually need — this tool is not one of them unless you're taking the Market ID somewhere other than this site's own pool tool. Every step below runs on this site.

Create Token

Mint your SPL or Token-2022 token

Revoke Authorities

Give up mint and freeze control

Create Pool

CPMM or AMM V4 — V4 builds its own market automatically

Burn LP

Lock liquidity verifiably

How to Create an OpenBook Market ID on Solana

Connect your wallet

Connect Phantom, Solflare, Backpack or any Solana wallet adapter. Hold at least ~2.30 SOL: the 2 SOL fee, plus real on-chain rent for the market's accounts that is additional to it — at least 0.30 SOL more, possibly higher.

Paste your token mint address

Enter the mint address of the SPL token you want to trade. The tool reads the mint's decimals automatically and uses them to size the market, so you do not need to enter decimals yourself.

Set min order size and tick size

Both fields take an exponent, not a literal amount. Enter 2 for a 0.01 minimum order size and 4 for a 0.0001 price increment — the defaults, and the right choice for most 9-decimal tokens.

Approve both transactions and copy the ID

You sign twice: the first transaction creates the two token vaults, the second creates the market itself along with its bids, asks and event-queue accounts. Expect the second wallet prompt — it is part of the flow, not an error. Once it confirms, the tool returns your Market ID — a standalone OpenBook market for this pair, independent of this site's own pool-creation tool (see the FAQ below for what to do with it).

Market ID Creator Features

Required for Raydium AMM V4

Raydium AMM V4 pools route through an OpenBook order book, so a Market ID has to exist before the pool can be created. Raydium CPMM pools do not need one — we tell you which path you actually need rather than selling you a market you can skip.

No CLI, no keypair files

Creating a market the manual way means the OpenBook CLI, a local keypair and hand-computed lot sizes. Here it is a mint address, two numbers and two wallet approvals in the browser.

Decimals read from your mint

The most common way to break a market is mismatching lot size against token decimals. The tool reads decimals straight from the mint account and derives the base and quote lot sizes from them.

Two signatures, immediately usable

You sign twice — once to create the vault accounts, once to create the market itself. As soon as the second confirms, the Market ID exists on-chain and is usable immediately. There is no listing queue and no approval step.

Works with SPL and Token-2022

Create a market for any mint you control, whether it was minted as a classic SPL token or with the Token-2022 program.

The rest of the launch is here too

Opening a pool, burning the LP tokens and revoking authorities are all on this site too. Note: if you're opening an AMM V4 pool with this site's own Create Liquidity Pool tool, it builds its own market automatically and does not use a Market ID created here — this tool is for a standalone Market ID you're taking somewhere else.

OpenBook Market ID FAQ

Related Tools & Guides

Create Liquidity Pool How OpenBook Markets Work Create Liquidity Pool Guide Create a Raydium CPMM Pool Solana Token Launch Guide Add Liquidity on Raydium Solana Token Cost Calculator Token Creation Cost Breakdown Token Security Best Practices

Create Token Burn Tokens Revoke Authority Burn LP Tokens Pricing

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Mint your Solana token, then come back to generate the OpenBook Market ID for it.

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