Create: Dynamic AMM Pool

Summary

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 Dynamic AMM Pool with Alpha Vault on your own. Alpha Vault is optional, so you can also create a Dynamic AMM Pool without it.

• Getting started

• Scripts

  • Create Dynamic AMM Pool

• When can you withdraw tokens from the pool to the position owner?

• Other Configuration Details

Getting Started

• Clone repo: https://github.com/MeteoraAg/meteora-pool-setup

• Config list to reference: https://github.com/MeteoraAg/meteora-pool-setup/tree/main/config

• Readme: https://github.com/MeteoraAg/meteora-pool-setup/blob/main/README.md

• Alpha Vault Launch Calculation template: Copy this google sheet and adjust the numbers to help determine your preferred parameters.

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.

We also have code examples for interacting with the Alpha Vault program. Use these examples to create and manage vaults, handle deposits and withdrawals, manage permissioned and permissionless vault configurations, and interact with escrow accounts.

Create Dynamic AMM Pool

• 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 config file specified in the CLI.

• Run: bun run src/create_pool.ts --config <./config/create_dynamic_amm_pool.json>

• 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.

Examples:

A) Create a standard Dynamic AMM Pool

Run:

bun run src/create_pool.ts --config ./config/create_dynamic_amm_pool.json

B) Create a Dynamic AMM Pool with new token mint

Run:

bun run src/create_pool.ts --config ./config/create_dynamic_amm_pool_with_new_token.json

C) Lock Liquidity for Dynamic AMM Pool

bun run src/lock_liquidity.ts --config ./config/lock_liquidity.json

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 to the position owner?

• CustomizablePermissionless DLMM: After pool activation point (trading starts)

• CustomizablePermissionless Dynamic AMM: After pool activation point (trading starts)

• Permissioned DLMM: Anytime

• Permissioned Dynamic AMM: Doesn't support Alpha Vault

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

• rpcUrl: Solana RPC URL to get data and send transactions.

• keypairFilePath: Keypair file path to send transactions.

• dryRun: Set to true to send transactions.

• 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.

• baseDecimals: Base token decimal.

• dynamicAmm: Dynamic AMM pool configuration.

• dlmm: DLMM pool configuration.

• alphaVault: Fcfs or Prorata Alpha Vault configuration.

Some configuration constraints:

• createBaseToken and baseMint cannot be used together.

• dynamicAmm and dlmm cannot be used together.

Create Base Token configuration

• mintBaseTokenAmount: Base token amount to be minted.

Dynamic AMM configuration

• 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 base on slot or timestamp.

• activationPoint: To activate pool trading at a point, either slot valut or timestamp value base on activationType.

• hasAlphaVault: Whether alpha vault is enabled or not for this pool.