Before launching a token on Raydium, an OpenBook ID is required. However, the link provided by the Raydium official website costs 3–4 SOL to create. This cost has deterred us from issuing tokens. This article introduces the concept of OpenBook and teaches how to create an OpenBook Market ID at a lower cost (minimum 0.29 SOL). 1、Why is an OpenBook Market ID needed for creating a pool on Raydium? In order to improve liquidity utilization, Raydium’s AMM is integrated with the OpenBook market, al...