💹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

Step 2: Click "Create Market" on the menu

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 (December 6). 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. So if you have difficulty proceeding with the OpenBook service, please contact the OpenBook DEX. IT IS NOT DEXLAB's SERVICE.

• 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

• 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.

  • Now we support: $USDC, $USDT, and $SOL.

• Min. Order Size: Orderbook minimum order quantity.

  • 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.

• Price Tick: Price display digits.

  • 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.

• Estimated transaction fee of creating OpenBook market ID.

• 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 so please do note that creating an OpenBook market ID needs at least 3 $SOL for the transaction fee.

Add Market Listing

• Extra market listing form ➡️ https://wkf.ms/3RWeUIE
• 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 ➡️ Market Listing Conditions