# Create OpenBook Market ID

**📌 What is OpenBook Market ID?**

When you create a liquidity pool on DexLab, it can **only be used within DexLab** for swaps.\
But what if you want your pool to be accessible on other DEXs like **Jupiter or Raydium**?

That’s where **OpenBook Market ID** comes in!

By creating an **OpenBook Market ID**, your liquidity pool becomes **visible and tradable across multiple Solana-based DEXs**.\
This means traders from different platforms can use your pool, increasing liquidity and trading volume.

💡 **If you want your pool to be used beyond DexLab, create an OpenBook Market ID! 🚀**

## Create OpenBook Market ID

### Step 1: Click **"Orderbook Market"** to start the process.

👉 Go To Token Listing:  [https://dexlab.space/token/listing](https://www.dexlab.space/token/listing)

<figure><img src="https://4258708058-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MLgGUCteWrA9nM5I3ts-887967055%2Fuploads%2FhlIRQSulkbywuISM5Amt%2Fimage.png?alt=media&#x26;token=43619ec0-c31e-4248-abd6-03c4d64f1f6d" alt=""><figcaption></figcaption></figure>

### Step 2: Click **"Create Market" on the menu**

<figure><img src="https://4258708058-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MLgGUCteWrA9nM5I3ts-887967055%2Fuploads%2FU5QYTH4WyTC4cmfB8dxV%2FGroup%2048095921.png?alt=media&#x26;token=7f3c5510-69da-48c6-b5e0-79913ad85d38" alt=""><figcaption></figcaption></figure>

{% hint style="info" %} <mark style="color:red;">As users are experiencing permission-related difficulties on the market ID creation site provided by OpenBook, Dexlab opened a service site exclusively for the market ID creation function today</mark> <mark style="color:red;"></mark><mark style="color:red;">**(December 6).**</mark> <mark style="color:red;"></mark><mark style="color:red;">Therefore, Dexlab can help you if you created your market ID from this link, but if you created it on the site provided by OpenBook, we cannot help you.</mark> <mark style="color:red;"></mark> <mark style="color:red;"></mark>*<mark style="color:red;">**So if you have difficulty proceeding with the OpenBook service, please contact the OpenBook DEX. IT IS NOT DEXLAB's SERVICE.**</mark>*&#x20;
{% endhint %}

<figure><img src="https://4258708058-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MLgGUCteWrA9nM5I3ts-887967055%2Fuploads%2FTN24Om7CGaeccvM5HG9r%2Fimage.png?alt=media&#x26;token=a50d06da-33e0-42a5-ae42-dc29f6a5f98d" alt=""><figcaption></figcaption></figure>

* If you have less than 3 $SOL but executed transactions, the platform fee will be paid although creating a market ID does not proceed. The platform fee cannot be refunded so please do note that creating an OpenBook market ID needs at least 3 $SOL for the transaction fee.

### Step 3: Setting Up the Market

<figure><img src="https://4258708058-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MLgGUCteWrA9nM5I3ts-887967055%2Fuploads%2FlekmPhF38tUsFq3PJxYd%2FGroup%2048095922.png?alt=media&#x26;token=7f1f44e3-77f9-48ff-88e9-0d0b2dc204ef" alt=""><figcaption></figcaption></figure>

* Default setting: 'Create Market ID.'
  * If you are trying to create an OpenBook market ID, do not change it to the 'New Token' tab.
* Base Mint: Your token mint address.
* Quote Mint: What token you want your token paired to.
  * USDC: EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v
  * USDT: Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB
  * Wrapped SOL: So11111111111111111111111111111111111111112
  * Before: Dexlab supported only USDC and USDT.&#x20;
  * <mark style="background-color:purple;">Now we support:</mark> [<mark style="background-color:purple;">$USDC</mark>](https://twitter.com/search?q=%24USDC\&src=cashtag_click)<mark style="background-color:purple;">,</mark> [<mark style="background-color:purple;">$USDT</mark>](https://twitter.com/search?q=%24USDT\&src=cashtag_click)<mark style="background-color:purple;">, and</mark> [<mark style="background-color:purple;">$SOL</mark>](https://twitter.com/search?q=%24SOL\&src=cashtag_click)<mark style="background-color:purple;">.</mark>

<figure><img src="https://4258708058-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MLgGUCteWrA9nM5I3ts-887967055%2Fuploads%2FuyvMkb9I6S2CFguOj4Rt%2F%E1%84%89%E1%85%B3%E1%84%8F%E1%85%B3%E1%84%85%E1%85%B5%E1%86%AB%E1%84%89%E1%85%A3%E1%86%BA%202023-12-20%20%E1%84%8B%E1%85%A9%E1%84%92%E1%85%AE%204.08.14.png?alt=media&#x26;token=14f99020-7c82-4012-bb43-0163357538f8" alt=""><figcaption></figcaption></figure>

* Min. Order Size: Orderbook minimum order quantity.&#x20;
  * Example) set to 4 -> Can make an order to 0.0001 unit.
  * Example) set to 0 -> Can make an order to 1 unit.
  * Example) set to 1 -> Can make on order to 0.1 unit.&#x20;
* Price Tick: Price display digits.&#x20;
  * Example) set to 5 -> The price of the token is displayed in 5 decimal places like 11.12345
  * Example) set to 4 -> The price of the token is displayed in 4 decimal places like 11. 1234
* The minimum order size cannot be larger than the base token's decimals.
* The price tick size cannot be larger than the quote token's decimals.
* 'Minimum order size' + 'Price Tick' cannot be larger than the quote token decimals.
  * Example) Your base token A's token decimal is set to 9. And pairing token A with USDC. USDC is a quote token and its' token decimal is 6.\
    The minimum order size cannot be larger than 9.\
    The price tick size cannot be larger than 6.\
    'Minimum order size' + 'Price Tick' cannot be larger than 6 (quote token decimals).\
    Therefore, you can make the minimum order size and price tick set to 3 and 2 (total 5, less than 6). However, cannot be 4 and 4 because the sum exceeds 6.

<figure><img src="https://4258708058-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MLgGUCteWrA9nM5I3ts-887967055%2Fuploads%2FNnPFgHTtVh2ZmfR3eaGd%2Fimage.png?alt=media&#x26;token=880e1a32-8cfb-477d-a294-7bc193b10a06" alt=""><figcaption></figcaption></figure>

* Estimated transaction fee of creating OpenBook market ID.&#x20;
* Again, If you have less than 3 $SOL but executed transactions, the platform fee will be paid although creating a market ID does not proceed. The platform fee cannot be refunded <mark style="background-color:purple;">so please do note that creating an OpenBook market ID needs at least 3 $SOL for the transaction fee.</mark>

## Add Market Listing

* Extra market listing form ➡️ <https://wkf.ms/3RWeUIE>&#x20;
* This form is to request a listing on an extra market. To smooth out the process, please provide the following information. It will be listed on average after about 2 weeks of review.
* To be listed in the Main market, please check here for the condition ➡️ [terms-of-service](https://docs.dexlab.space/products/minting-lab/terms-of-service "mention")