Create a DAMM v1 Launch Pool
Get an overview about Dynamic AMM Pools here.
Below we provide the steps to use Bun to configure and run sample scripts to conveniently set up a permissionless Dynamic AMM Pool (with fixed fee %) on your own.
Getting Started
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Clone repo: https://github.com/MeteoraAg/meteora-pool-setup
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Config list to reference: https://github.com/MeteoraAg/meteora-pool-setup/tree/main/config
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Readme: https://github.com/MeteoraAg/meteora-pool-setup/blob/main/README.md
Resources
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Dynamic AMM Program ID: Eo7WjKq67rjJQSZxS6z3YkapzY3eMj6Xy8X5EQVn5UaB
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Dynamic AMM API endpoints: https://damm-api.meteora.ag/swagger-ui/
Dependencies
Install Bun: You’ll also need bun to run the scripts. Install it via bun installation. Then install the dependencies by running the command bun install
Scripts
The following code examples can be used to initialize and seed a Dynamic AMM liquidity pool on Meteora.
Create Dynamic AMM Pool (fixed fee %) for Token Launch
Clone repo: https://github.com/MeteoraAg/meteora-pool-setup
Select an example config from the list to reference and change the parameters inside according to your needs: https://github.com/MeteoraAg/meteora-pool-setup/tree/main/config
Run the script with the config file which is set with your preferred parameters
Examples
Create a Dynamic AMM Pool with an existing token
To create a Dynamic AMM Pool with an existing token (without minting a new token).
Run this script with the config file which is set with your preferred parameters:
Replace ./config/create_dynamic_amm_pool.json
with the path to your config file, after you have selected the type of config from the list and set your config parameters.
Create a Dynamic AMM Pool with new token mint
To mint a new token and create a Dynamic AMM Pool for this token.
Run this script with the config file which is set with your preferred parameters:
Lock Liquidity for Dynamic AMM Pool (Optional)
You have the option to lock liquidity in the Dynamic AMM Pool you created.
Run this script with the config file which is set with your preferred parameters:
Allocating fees from locked liquidity: In the config file, you can also specify different wallet addresses to receive fees from the locked liquidity, and the % to allocate to each wallet. Multiple wallets are possible, but their allocations must add up to 100%.
After deployment
To view pool on the UI, access the link below
For Dynamic AMM pool: https://app.meteora.ag/pools/`POOL_ADDRESS`
When can you withdraw tokens from the pool?
Customizable Permissionless Dynamic AMM: After pool activation point (trading starts)
Other Configuration Details
There are various config files that can be found in the config directory. It contains all the configurations required to run the scripts.
We also need to provide the keypair for the payer wallet in keypair.json file.
General configuration
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rpcUrl
: Solana RPC URL to get data and send transactions. -
keypairFilePath
: Keypair file path to send transactions. -
dryRun
: Set to true to send transactions. -
computeUnitPriceMicroLamports
: CU price in micro lamports unit. For example: 100000. -
createBaseToken
: Configuration to create base token. -
baseMint
: Base token address if the createBaseToken field is not set. -
quoteSymbol
: Quote token symbol, only SOL or USDC is supported. -
quoteMint
: Quote token mint, in case the user wants to create a DLMM launch pool with a token other than SOL or USDC. -
dynamicAmm
: Dynamic AMM pool configuration.
Some configuration constraints:
-
createBaseToken
andbaseMint
cannot be used together. -
dynamicAmm
anddlmm
cannot be used together.
Create Base Token configuration
mintBaseTokenAmount
: Base token amount to be minted.
Dynamic AMM configuration
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baseAmount
: Base token amount. -
quoteAmount
: Quote token amount. -
tradeFeeNumerator
: Trade fee numerator, with fee denominator is set to 100_000. -
activationType
: To activate pool trading based on slot or timestamp. -
activationPoint
: To activate pool trading at a point, either slot valut or timestamp value based on activationType. -
hasAlphaVault
: Whether alpha vault is enabled or not for this pool.
For Testing Bun Scripts
First, run the localnet
Then run the test: