> ## Documentation Index
> Fetch the complete documentation index at: https://docs.kovaswap.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Create a pool

> Create a permissionless market and seed its first liquidity.

Any standard ERC-20 pair can create a KovaSwap market. There is no manual whitelist.

<Steps>
  <Step title="Select two tokens">
    Enter both contract addresses and verify them on the network explorer.
  </Step>

  <Step title="Choose a fee tier">
    Select an allowed basis-point fee configured for the chain.
  </Step>

  <Step title="Set the starting price">
    The ratio of the first token deposits defines the initial pool price. This deserves careful review.
  </Step>

  <Step title="Approve and create">
    Approve each token if needed, then submit the add-liquidity transaction. The router creates the pair when it does not already exist.
  </Step>
</Steps>

Creation emits a factory event, making the market discoverable to the indexer and route engine. Listing does not imply endorsement or verification.