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Required for Raydium AMM v4

OpenBook Market Creator

Create a permissionless on-chain order book for your token. Enables Raydium AMM v4 listing and deeper Jupiter routing.

When do you actually need this?

Only if you want a Raydium AMM v4 pool. Jump2Coin's default liquidity tool uses CPMM — no market ID needed.

Non-custodial~3-4 SOL rent (recoverable)Raydium AMM v4 compatibleJupiter routing depth
When do you need this? Only for Raydium AMM v4 pools. Jump2Coin's liquidity tool uses CPMM which does not require an OpenBook market.

Market Configuration

— 1 lot = how many base tokens per minimum order
Estimated rent cost—

Rent is recoverable if you close the market later. Network fee ≈ 0.001 SOL.

You will sign 2 transactions. Send them in order — do not skip TX1.

How to Create an OpenBook Market

01

Paste Your Token Mint

Enter the SPL token mint address you want to create a market for. Any valid Solana token works.

02

Choose Quote Token

Pick SOL or USDC as the quote side of the trading pair. Most meme coins pair with SOL.

03

Set Minimum Order Size

Choose lot size — how many base tokens constitute the minimum order. 1,000,000 is common for high-supply tokens.

04

Sign 2 Transactions

Two sequential transactions create the orderbook accounts and initialize the market. Sign both in order — do not skip TX1.

Frequently Asked Questions

Do I need this for Jump2Coin's liquidity tool?
No. Jump2Coin's built-in liquidity tool creates Raydium CPMM pools, which do not require an OpenBook market. You only need this if you specifically want a Raydium AMM v4 pool.
How much does it cost?
Creating an OpenBook market requires approximately 3–4 SOL in rent for the orderbook accounts. This rent is recoverable — you can close the market later to get most of it back.
What is a Market ID used for?
The Market ID is the on-chain address of your orderbook. You paste it when creating a Raydium AMM v4 pool. It also enables deeper routing on Jupiter and listing on OpenBook-compatible DEX UIs.
Can I use any quote token?
Currently SOL and USDC are supported as quote tokens. SOL is recommended for meme coins due to higher liquidity. USDC pairs are more common for utility tokens.
Why two transactions?
OpenBook market creation requires multiple on-chain accounts (eventQueue, requestQueue, bids, asks, vaults). These cannot all be created in one transaction due to Solana's transaction size limit.