How to List Token or Coin on Raydium

Raydium is one of the largest and most well-known decentralized exchanges in the Solana ecosystem, with a TVL of $2.1 billion and a daily trading volume over $400 million. 

If you are launching a project on the Solana network, consider listing on Raydium, as the platform will boost your reach and make swaps user-friendly thanks to the exchange’s high popularity. The platform offers powerful tools for marketing early-stage Web3 projects. Raydium supports two liquidity modes: 

• Classic AMM: CP-Swap, where liquidity is distributed evenly across the entire price curve, and exchange is available at any price level. 
• And CLMM mode, where, similar to Uniswap, you can set a price range and as long as the price is within it, you earn more from commissions and the capital does not sit idle.

Raydium also integrates the OpenBook order book, thanks to which your liquidity pool is visible both in the swap window and in terminals that use the classic order book. Thus, the trading volume and visibility of your token increases due to a larger number of access points.

What do you need to place a token

To add a token to Raydium, make sure you have all the necessary details for placement, namely:

• SPL contract, which is compliant with the Solana Program Library standard.
• The smart contract address of the token. The Freeze Authority function must be canceled or set to null, or the pool will not be created.
• Phantom Wallet or a similar wallet that supports the Solana network, such as Backpack or Glow.
• SOL to pay commissions. The minimum balance required is 0.5 SOL.
• Metadata for token creation: a 128×128 pixel logo, text description, and links.
• In addition, it is desirable to have a passed code audit, a project website, and a whitepaper with transparent tokenomics and a roadmap that will increase the community’s trust.

Step-by-step instructions on how to place a token on Raydium

Step 1: Verify your contract and wallets

Make sure that the Freeze Authority feature is disabled. This can be done by entering the spl-token account-info <mint> command.

Double-check the decimals and supply parameters, as they cannot be changed once the token is released.

Prepare other Solana wallets that will have 0.05 SOL on them. If there are any errors with the main wallet, you can immediately add the token to Raydium from the spare wallet.

Create OpenBook Market ID

• Go to Solauncher and click Create OpenBook Market ID.

• Enter the address of your token in the Base Mint field and select the token you will pair with to create a pool, for example, USDC.
• Set the values of Min. Order Size and Price Tick. The higher it is, the more accurate you can see the price in the token.
• Sign the transaction by paying a commission from 0.39 SOL to 2.85 SOL, depending on the settings.
• Save the received data: Market ID, Bids, Asks, EventQueue – without them, you won’t be able to add the token to Raydium.

Some developers save a significant share of commission by creating Market ID, not through the web interface, but with the help of a script. Ready-made scripts can be found on Reddit.

Step 3: Create a liquidity pool

The next step is to create a liquidity pool. To do this on Solauncher, go to the Create Pool page and insert the OpenBook Market ID you obtained in the previous step. Base and Quote data will be automatically pulled up in the interface.  

In the initial Price field, enter the total number of tokens and the token in the pair with which your coin will be traded. If you already have tokenomics, the data on the number of tokens should be taken from there. After that, you can sign the transaction by clicking Create Pool. After signing, AMM and LP-Mint accounts will be created, and in a few seconds, your pool will appear in the CP-Swap tab.

Step 4: Adding Liquidity

The next step is to add liquidity. To do this, click Add Liquidity and add both tokens that make up the pair, for example, your new token and USDC. There is no minimum threshold on how much USDC to add to the liquidity pool; however, it is recommended to add at least $5000 of liquidity in USDC or another token your token will be trading with for stable trading without slippage. 

Once you pour liquidity, you will receive LP tokens at your wallet address.

Step 5: Start a farm

Running the farm is an optional step. An additional reward pool incentivizes the community to provide liquidity and long-term hold their LPs, earning rewards for doing so.

The higher the total revenue, which consists of the swap fee and the reward from the reward pool, the higher the final APY and the more willing the community will be to start providing liquidity. On top of that, adding a reward pool will increase the attractiveness of your token, as there will be higher trading volume and price stability in the pairing.  

To create a reward pool in the Ecosystem Farm section, click Create Farm. Here, you will be able to link your LP pool token to the new rewards contract.

In the settings, you need to fill in the fields:

• LP-Mint by entering the address of your LP token.
• Reward Mint – the coin with which you will pay the reward. Usually, it is your SPL token.
• The size of the reward.
• And start and end dates for the campaign.

It is better to designate the values in advance and write them in your tokenomics, then at the stage of creating a reward pool, it will be enough to transfer the numbers from the tokenomics. A well-thought-out reward system will help you avoid hyperinflation of your token.

Click Create, after which the network will create a farm account, which must be replenished with rewards via the Add Reward button. Until the Reward Pool is refilled, you will see a Paused status. Once replenished, the farm will be activated, and users can send their LP tokens to staking, increasing the TVL of your token.

Check token visibility

Once you have created your pool, making sure it is available to users on Raydium is essential. To do this, follow a direct link to the form https://raydium.io/swap/?ammId=<AMM-ID> to check if the page displays your pool.

For example https://raydium.io/swap/?ammId=58oQChx4yWmvKdwLLZzBi4ChoCc2fqCUWBkwMihLYQo2 

What to do if the token is not displayed

If the trading pair does not display, wait 10-15 minutes and check if your MarketID is active, if liquidity has been added to the pool, and if Freeze Authority is disabled. 

If there is an error in the settings, it is easier to re-add the token to Raydium and recreate the MarketID and pool.

If this doesn’t work, message Raydium support in Discord in the #tech-support thread. 

How to increase trust in your token

To increase trust in your token, you can follow the following rules:

• Validate the contract and metadata. Upload the contract source code to Solscan and ensure the Verified label is present. This will increase the chances of automatically adding the token to aggregators like DEXScreener.
• Make sure to fill in all metadata: add a logo and links to the project’s website and social networks, make sure project icons are displayed correctly in Phantom Wallet.
• Transparent tokenomics and fund disclosure, vesting schedules, and not having a large number of tokens (>20%) in the development team’s personal wallets will help increase trust in the token.
• Maintain token liquidity >$5000 and replenish the reward pool on time to maintain high APR and minimal spread.
• Conduct a large-scale marketing campaign before listing the token. An active community will increase trading volumes, and for this, it will be necessary to maintain a high level of activity through AMA sessions, announcements on social networks, and community involvement in the project’s development. 

Conclusion

Placing a token on Raydium is an essential step in launching a project that requires careful preparation, from creating a MarketID to thinking about the system of rewarding users through LP pools.

If you plan to launch your token on other networks or CEX exchanges in the future, Raydium will serve as a great springboard, as many exchanges will be watching the trading volumes of your token.

And if you need comprehensive listing support, you can always contact Listing.Help. We can help you decide on your launch strategy, create a token, select the right exchanges for listing, and prepare your project for listing on the selected platforms, we help with listing on Raydium as well. Due to direct contact with exchanges, the listing process is 5 times faster compared to self-listing.

Don’t forget to test every transaction in the DevNet environment to save SOL on commissions; make tokenomics in advance so you can start from the ready numbers when adding a token. Add a token on Raydium to be a springboard for your project to get you to the top of the best projects on Solana. Have a successful listing!