How much does it cost to create a token on Solana? Cost comparison
There is a lot of forum chatter about how much it costs to create a token on Solana, and the answers are all over the place because people use different methods. In this post, I will show you a reliable approach that always works and has a fixed cost.
We will focus on calculating the total fees to create a token on Solana without coding, then add the cost of creating the liquidity pool and the openbook market.
How much does it cost to create a token on Solana?
The cost to create a token SPL covers what you need to pay to fully control the coin from your wallet, without writing a single line of code. In short, this is the easiest way to launch your own coin, and we can break it down into three different costs in base, depending on what you want to do next:
- Ultra-cheap option: you simply use the token creator on Smithii without revoking any kind of authority. Your token will appear in your wallet for 0.3 $SOL. The downside is that most exchanges do not accept tokens unless Freeze Authority has been revoked, so you will not be able to launch the liquidity pool. If your token has a different purpose, this option can still work.
- Budget option: this is the option that lets you launch your token on exchanges, since most of them require you to revoke Freeze Authority. This option costs 0.4 $SOL, because revoking the authority adds 0.1 $SOL to the final cost. The issue comes when your token goes through tools like RugCheck and shows a high scam risk because the remaining authorities have not been revoked.
- Investor-ready option: this is the least affordable option, but it does the most to build trust with investors on exchanges because they can see that every authority has been revoked. This option costs 0.6 $SOL.
How much does it cost to create the Liquidity Pool on Solana?
Once we have completed either of the last two options, we can launch our liquidity pool on Raydium.
Our main cost will be creating the openbook market, which usually falls around these amounts:
0.4 SOL: More affordable Openbook market.
- Event queue size: 128
- Request queue size: 63
- Orderbook size: 201
1.5 SOL: Mid-priced Openbook market.
- Event queue size: 1400
- Request queue size: 63
- Orderbook size: 450
2.8 SOL: Better openbook market, fewer errors, and built to support larger projects.
- Event queue size: 2978
- Request queue size: 63
- Orderbook size: 909
You can also add 0.1 $SOL for auto-snipe, which helps prevent bot sniping when launching the liquidity pool. This amount is fully optional.
TOTAL cost to create a token and launch its liquidity pool
Depending on how you choose to create the token and which type of openbook market you select, your costs will look like this:
Total Cost of Creating a Token and Launching a Liquidity Pool
| Openbook Market | Cheap Token Creation Way | Effective Token Creation Way |
|---|---|---|
| 0.4 SOL | 0.8 SOL | 1.0 SOL |
| 1.5 SOL | 1.9 SOL | 2.1 SOL |
| 2.8 SOL | 3.2 SOL | 3.4 SOL |
The fees include 0.5 $SOL in Raydium fees.
Bottom Line
Creating a token and launching its liquidity pool on Solana still costs between 1.1 and 3.8 $SOL. The top end only applies if you use advanced features like “Snipe your Token” plus every revoke option. The higher the fee you choose, the more reliable your token becomes, since you are revoking authorities and adding launch protections that help shield your assets from bots.
Compared with other no-code tools on the market, Smithii is one of the most affordable platforms.
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