How to create a Custom-Range Position on Solana
Last updated
Last updated
While providing liquidity to a concentrated liquidity pool offers multiple benefits, it is an advanced feature best suited for experienced liquidity providers. A custom range position allows LPs to focus their liquidity within specific price ranges, thereby increasing capital efficiency and potential yields.
However, managing a custom-range position requires more active oversight and carries a higher risk of divergence loss, which occurs when the value of the assets diverges from each other within the liquidity pool.
This added complexity makes it crucial for LPs to thoroughly understand the risks and actively manage their positions to optimize outcomes.
Once Custom
is selected, you can set your desired range using any of the following methods:
By dragging the sliders in the Create Position sidebar.
By dragging the range boundaries on the price chart.
By selecting a preset ±% range.
By free-typing a ±% range.
By free-typing the prices in the lower and upper fields.
By using the + and - buttons in the lower and upper fields.
Enter the amount you wish to deposit in one of the highlighted fields (you may need to scroll down). The other values will automatically adjust to match the required deposit ratio for your chosen range.
Alternatively, you can click Max
in the corresponding deposit field to deposit the maximum quantity of tokens.
Review the details in your wallet—including any network fees—and approve the transaction.
REVIEW CAREFULLY. It is critical that you check your range and ensure the current price of the pool matches your intentions. Depositing liquidity at a price not consistent with wider market values may result in irreversible loss.
Deposit Complete!🎉
You can click on View Details
to view the deposit transaction on Solscan. Your wallet will now contain a pool position NFT. In your wallet, it will be displayed as a simple image with the warning "DO NOT BURN"
DO NOT sell or burn this NFT. You can send it to another wallet to transfer your position, but (whale forbid) please DO NOT burn or sell it, or you'll lose your liquidity! Orca CANNOT help you recover any funds lost as a result of burning a pool position NFT.
Need support or want to share feedback?
Open a support ticket directly from the Orca UI by clicking Support
Reach out via or Telegram
Have suggestions, requests or feedback?
Share them by clicking Feedback
in the Orca UI
Use the channel on Discord