Create Pools

1. If you're unable to locate a liquidity pool that meets your needs among the existing ones, or if you've just issued a new token and wish to establish a liquidity pool on RogueX, simply navigate to our "Pools" section and click on "Create New Pool."

1. As illustrated in the screenshot below, you have the option to enter the token pairs you wish to create. Select the fee ratio for both spot and perpetual trading pairs, establish your token price/ratio, and then define your liquidity range—either a full range or a specific range according to your preference. Additionally, input the amount of tokens you plan to deposit. Please note that when you create a pool and add liquidity through your portfolio section, this Total Value Locked (TVL) is not included in the RogueX ALM TVL calculation and will not be eligible for additional incentives from the bribe mechanism.

1. Scrolling down on the same page, you will find the "Set Perp Info" section, where you can configure the metrics for your liquidity pair's perpetual trading. Here are the settings you can adjust:

   • "Max Open Position Utilization": Here, you set the maximum percentage of the liquidity pool's funds that can be utilized when opening perpetual positions.

   • "Auto-Deleveraging Threshold": This triggers the auto-deleveraging mechanism when the capital utilization rate of open interest in perpetual trades reaches the specified percentage. At this point, users can execute auto-deleveraging in the Order List section under ADL and earn profits.

   • "Frozen Swap and LP Removal Threshold": When the capital utilization rate of open interest in perpetual trades hits the set percentage, swapping and LP removal/withdrawal functions will be halted to enhance user experience.

   You can enter specific metric values or simply use the slider to adjust these settings.

   • "Maximum Leverage": Indicates the maximum leverage multiplier for the pair token, which can be set between 0-50 times. Setting it to 0 disables the leverage trading feature.

   • "TWAP Time Frame": This sets the time dimension for the Time-Weighted Average Price (TWAP). For instance, setting the TWAP time frame to 10 minutes means the contract will calculate the TWAP based on the last ten minutes of trading data to determine the execution price for perpetual trades.

   • "Close Position Slippage Time Frame": To minimize arbitrage risks, the protocol introduces slippage upon closing positions. For example, if set to 10 minutes, the contract will weigh the closing volume over the specified time frame to calculate a slippage, thereby increasing the cost for arbitragers.

1. After finalizing your liquidity creation settings, click the "Preview" button to view the basic information of your newly configured liquidity. Next, click "Add" and confirm the transactions in your wallet. With these steps completed, you have successfully created a new liquidity pool on RogueX.

1. To reset the perpetual metric of your created pool, access your wallet and navigate to the "Assets > Pool" section. Locate the LP pair you're interested in and click on it.

1. Enter the metric you wish to reset, click the "Update" button at the bottom, and confirm the transaction in your wallet.