How to create a token in Raydium: Step-by-step guide

If you want to have your own token listed on one of the largest decentralized exchanges in the Solana ecosystem, you're in the right place.

Raydium stands out for its fast transactions and low commissions. Qualities that make it an AMM that attracts millions of crypto traders on a daily basis, willing to invest their funds in the flashiest tokens.

Here's how to create a token on Raydium in just 2 easy steps and some extra considerations to keep in mind.

How to list a token in Raydium?

Before listing your token on Raydium, you will need at least 0.9 SOL in your Solana Wallet to cover the fees required during the process of creating your token and launching the liquidity pool.

Don't forget to have a 1000 x 1000 PNG image ready to bring your token concept to life, one that faithfully represents your founding idea. You can use a funny meme or any symbol you consider ideal for the logo.

In this case we are going with a direct step by step to make your token available for swaps in Raydium, without having to go through launchpads like Pump Fun or LaunchLab that would lengthen the process.

1. Create your token (no code)

The first thing you need to do is to mine the token in Solana, in other words to register for the first time the data corresponding to your token.

It is practically setting aside a digital place on the blockchain and assigning it its basic tokenomics with the Solana Token Creator, which will allow you to do it in minutes and without coding anything.

1. Login to the tool Solana Token Creator (https://tools.smithii.io/token-creator/solana).
2. Connect your wallet.
3. Complete the fields (Name, Symbol, Decimals = 6, Supply = 1 000 000 000, Description + logo).
4. Optional: add links and tags to metadata Raydium, token, etc.)
5. Revoke Freeze Authority Mark (required to appear in Raydium) 
6. Revoke Mint Authority brand for increased confidence.
7. Click Create Token and sign the tx.

Done! in a matter of a few clicks you will have finished this first step on how to create a token on Raydium, now let's go with the second and last step needed to appear in the list of tokens eligible to be exchanged in the market.

You may also be interested in: How to Design Robust Tokenomics.

2. Creating the liquidity pool in Raydium

After having our token registered, we continue with the launch of the liquidity pool so that investors can buy and sell your token in Raydium.

1. Login to Create Solana Liquidity Pool.
2. Connect your wallet.
3. Select the "Base Token" (the token you created and has no market value yet).
4. Select theQuote Token (a token with market value, usually SOL, USDC or USDT).
5. Set advanced options: Event Queue Length, Request Queue Lenght, OpenBook Market and Orderbook Lenght (only if you want to use a cheap Market ID , from 0.4 SOL).
6. Set the number of tokens and SOL to be added.
7. Sets the launch date (optional).
8. Activate the Snipe your token (optional).
9. Click on "Create Liquidity Pool" and accept the 3 transactions.

Perfect, your token will now be available in the Raydium listings for the V4 protocol which is the most used by the community. If you don't know what are the advantages of this protocol, we recommend you to see our post about the differences between Raydium V4 vs V5.

It is worth mentioning that with Smithii you are creating a Constant Liquidity (CL) pool, the most common so far. However, you can also create a Concentrated Liquidity Market Maker (CLMM) pool directly in the Raydium platform, an option for advanced users that involves certain advantages and disadvantages that we reveal in the post CLMM vs AMM.

Advantages of creating your token with Smithii s tools to list it on Raydium

For starters, Smithii offers a very easy to use user interface for first time tokenizers and experienced tokenizers who need to run a process that takes as little time as possible. All without getting bogged down with code and integrated into a platform with additional options to ensure the successful development of a crypto project.

In addition, with the "Snipe Your Token" option when creating the liquidity pool you can be the first to buy your own token and avoid external sniper bots that want to ruin you.

Why is Raydium an important DEX for listing your token?

Raydium is currently the second largest DEX in the Solana ecosystem, second only to the giant Orca. 

Its hybrid AMM + non-traditional order book model (thanks to its integration with Serum) allows it to offer higher liquidity, better execution price and lower slippage, even with large volume trades. It also offers attractive tools such as yield farming, staking with rewards and a user-friendly interface that facilitates entry for traders of all levels.

We recommend that in your marketing strategies you mention that your token is available in Raydium, this way you will generate trust and you will be able to attract new investors.

How much does it cost to list a token on Raydium?

Any token created in Solana that launches its liquidity pool will be automatically listed on Raydium, provided you have revoked the freeze authority. In this sense, if you have already created your token and use Smithii s toolsyou will have to invest at least 0.6 SOL (0.4 from the smaller OpenBookMarket + 0.1 fee from the liquidity pool + 01 fee from the revoke freeze authority).

You can also opt for OpenBookMarkets 1.5 SOL or 2.8 SOL.

How much does it cost to create a market in Raydium?

Market making on Raydium means that you have launched your liquidity pool on Solana, to do this with the Smithii tool you will need to invest at least 0.5 SOL + the amount of SOL you are willing to add to the liquidity, so that investors can trade your token. We recommend that you add at least 10 SOL to successfully launch a token in Raydium , you can also check how much liquidity to add to my token in Solana.

Conclusion

Now that you know how to create a token on Raydium, do not hesitate to start your way as a creator and take advantage of having your token listed in this famous DEX. We recommend you to subscribe to our newsletter to be informed about the latest crypto news from the creators' perspective.