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Create a New Market

DefiTuna allows users to create permissionless markets.

  • Navigate to https://defituna.comarrow-up-right. By default, you will land on the Markets section.

  • Click the Connect Wallet button (the purple icon at the top of the page) and follow the prompts to connect the wallet you’d like to use.

  • Click on Create Market, or directly on the + button in the header next to Markets.

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DefiTuna offers two market types:

  • Standard — Create a market without leverage. Supports both concentrated and full-range positions. No deposit is required to create the market

  • Leveraged (Advanced) — Create a market with up to 5x leverage (for both traders and liquidity providers). It requires an initial full-range, permanently locked position. A minimum deposit of $10 of each token is required in order to create the market.

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Creating a leveraged market will also create isolated lending pools for both the base and quote tokens.

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If you are the market creator (Standard markets included), a leverage scale widget will appear once the pool is created meaning you'll be able to increase or decrease leverage over time, as long as you meet the full-range and locking requirements.

Follow these steps to create a market:

  • Select your market type — then set your token pair using each token's name or mint address.

  • Click Choose Market Type to proceed.

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  • Set the initial price — Enter the initial price for your token pair. Make sure it matches the current market price, given by Jupiter, to avoid losing initial liquidity to arbitrage. A warning will appear if your input deviates by more than 2% from the current price.

  • Set the initial fee tier — Choose the fee rate that best fits your token pair's expected volatility. Lower fees are generally better suited for stable pairs, while higher fees are more appropriate for volatile ones.

  • Set your initial position

    1. For Standard markets, you can choose between a full-range or concentrated position.

    2. For Leveraged markets, you must deposit a minimum amount of TVL in your initial position to enable leverage.

  • Review and confirm — Carefully review all parameters before submitting. Once the market is created, some parameters cannot be changed.

  • Click Create Market and approve the transaction in your wallet. Your market is now live.

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