SHILL Issue 155

6. Set the advanced options (only if you want to use a cheap Market ID, from 0.4 SOL).
* These are the “inputs” you should use for the different Market IDs based on the cost.
0.4 SOL:
Event Queue Length: 128
Request Queue Length: 63
Orderbook Length: 201
1.5 SOL:
Event Queue Length: 1400
Request Queue Length: 63
Orderbook Length: 450
2.8 SOL:
Event Queue Length: 2978
Request Queue Length: 63
Orderbook Length: 909
Take into account that the bigger the market is, the more transactions it can process. We explain
below how it works.
7. Set the number of tokens and SOL/USDC you want to add.
8. Set launch date (optional)
9. Click on “Create Liquidity Pool” and accept the 3 transactions.
It will take a bit to complete, and then you will see the Market ID and the Liquidity Pool Address. Save them, as you may
need the addresses for future uses.
You can also make the liquidity pool creation process as usual by following the next 2 steps:
Create an OpenBook Market
The common price for creating an OpenBook Market is around 2.8 SOL. That’s the “optimal” length for the
market based on the protocols. But we can also modify its setup and make it cheaper.
If you are working on a project that is intended to have a serious impact, you should use the standard market. However, if
you are planning to launch memecoins, you can create an OpenBook Market with just 0.4 SOL. Please note
that some transactions may fail, but this is only likely to occur if there is a high volume of transactions.
In this post, we will show you 3 options for your market ID: 0.4 SOL, 1.5 SOL, and 2.8 SOL.