🟢Orca Create Liquidity (Add Pool) Tutorial

Creating a liquidity pool in Orca

Orca is one of the more well-known decentralized exchanges on the Sol chain. Compared with Raydium, the cost of creating liquidity on Orca is extremely low (usually less than 0.5sol), and people are accustomed to creating USDC pools on Orca because the USDC pool has lower uncompensated losses than the SOL pool, and there is no need to worry about the risks brought by Sol price fluctuations.

Here is how to create a liquidity pool through Orca:

Open the webpage: https://www.orca.so/create-pool and fill in the corresponding token information:

• Token A: This is the token you issued. Enter the contract address to find your token.

• Token B: Pot token, such as USDT, SOL, USDC, etc.

• Fee tier: It refers to the fee rate/slippage. My suggestion is to fill in 0.2%. Filling in too small a value is not conducive to trading.

• Initial price: initial price. If you are doing a token + sol pool, then this price means how much sol is worth for one coin.

• Liquidity range: Liquidity range refers to the price range of your token. Currently, there are two options: FULL and CUSTOM. If you don’t know what it means, just choose FULL, which means the full range, the same as Pancake V2. If you choose CUSTOM, it is the concept of V3, which is not recommended here.

After all the information is filled in, the next step is to enter the corresponding number of tokens. The final completion is as follows:

After confirming that the price is correct, click "Create Pool", and then the wallet will pop up. Click confirm to complete the creation of the fund pool.

How should I check the pool after it is completed?

We open the page: https://v1.orca.so/liquidity and reconnect the wallet (if it is already connected, this is not necessary)

Then click Portfolio and wait a few seconds to see your pool.

If you want to withdraw from the pool, click on your trading pair and select Withdraw Liquidity (if you want to continue adding to the pool, select Deposit)

After that, select the liquidity ratio to be removed according to the requirements of the page, then click Withdraw, and the wallet will confirm and pay the gas.

The above is the tutorial about ORCA creating liquidity/adding pools/removing liquidity.

If you have any questions or are unclear, please join the official Telegram group: https://t.me/GToken_EN