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SBF

@SBF_FTX

1) FINALLY -- a GUI to list markets on Serum! dex.projectserum.com/#/list-new-mar

6:31 AM · Sep 29, 2020Twitter Web App

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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

SBF

@SBF_FTX

Sep 29, 2020

3) If anyone wants to trade on the market: i) click the + ii) enter the New market address iii) click Add

SBF

@SBF_FTX

Sep 29, 2020

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 :)

SBF

@SBF_FTX

Sep 29, 2020

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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Best

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Can there be multiple markets for the same base+quote with different configurations? Otherwise, the minimum order size and price increment can be incorrectly set by the first lister of the market