# Create A New Market

To create a new market tap the "Markets" tab and then select "Create Market"

You'll be prompted to enter the following details:

<figure><img src="/files/MrIvRHkLBjofR1fvyFcd" alt=""><figcaption></figcaption></figure>

The token contract address is for the token that you want to trade. This can be a governance token or memecoin or anything else that complies with ERC20 standards.

The base asset contract address is usually either a Stablecoin or wETH. On the testnet we use ODEX specific versions of wETH and USDC which you can find the addresses for in the [Contract Addresses section](/docs/technical/contract-addresses.md).

The minimum order size is the amount (not including decimals) of base asset that should form the minimum amount orderd. Set too low and this will enable spoofing of orders and inefficiencies, set too high and it will price out market participants.

Finally the tick rounding is the base asset amount that each price tick is set to. For example a tick rounding figure of 0.1 on USDC will mean that the orderbook bids and asks will be grouped into $0.10 cent ranges and anyone wanting to outbid $1000 will have to bid $1000.10


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