2) Listing a market:
a) get your token; you can turn ERC20 <> SPL at sollet.io
b) go to dex.projectserum.com/#/list-new-mar… to list the market. "Mint" means token contract address.
c) enter parameters and Submit. Check Sollet for messages
d) Copy the New market address
a) get your token; you can turn ERC20 <> SPL at sollet.io
b) go to dex.projectserum.com/#/list-new-mar… to list the market. "Mint" means token contract address.
c) enter parameters and Submit. Check Sollet for messages
d) Copy the New market address
3) If anyone wants to trade on the market:
i) click the +
ii) enter the New market address
iii) click Add
i) click the +
ii) enter the New market address
iii) click Add
4) The Nodes are handling the details (cranking, etc.)
Bring your own liquidity.
So anyone can now list _any_ SPL or (wrapper on) ERC20 token on @ProjectSerum! No permission required, and no coding required either :)
Bring your own liquidity.
So anyone can now list _any_ SPL or (wrapper on) ERC20 token on @ProjectSerum! No permission required, and no coding required either :)
5) it costs about 4 $SOL (~$12) in gas to create a new market; once it's created, sending orders costs about $0.00002 of gas
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