Frequent asked
Question

Got questions about creating and managing your Solana tokens? We’ve got you covered. Below, you’ll find answers to the most common questions about our platform and tools.

  • General

    Solana is a high-performance blockchain known for its scalability, low transaction fees, and fast processing times. It's designed to support decentralized applications and cryptocurrencies, making it ideal for projects requiring high throughput, like token creation and trading.

    A token on Solana is a digital asset, which can represent anything from currencies and stocks to game assets and loyalty points. These tokens can be traded, transferred, and used within decentralized applications (dApps) on the Solana network.

    No, there's no need to sign up or create an account. You only need to connect your Solana wallet to start using all the tools and features on the platform. You can use any Solana Wallet like Phantom, Solflare...

    To create a custom token, simply navigate to the Token Creator tool on the platform. Enter details such as your token’s name, symbol, total supply, and optional metadata like an image or description. Once completed, click "Create" and your token will be deployed on the Solana blockchain and added to your wallet.

    Check the network where the token will be created before creating it, you can use Devnet for testing and Mainnet for creating real tokens.

    Yes, your wallet and funds are safe. The platform never has access to your private keys, which are required for signing transactions. All interactions with the blockchain are secure and handled through your connected wallet.

    No, the platform does not store any token or wallet information. All data, including tokens and transactions, is securely stored on the Solana blockchain.

    Our platform supports both the Devnet for testing and development, and the Mainnet for live transactions. The devnet is ideal for experimenting with token creation without spending real funds, while the mainnet is used for actual live token projects.

    On the devnet, you can receive free SOL (Solana’s native currency) through the devnet faucet, click here to open the solana tool, paste your wallet address, select the amount and click Confirm. This SOL is only for testing and can be used to pay for transaction fees while experimenting with token creation and management.

    Using the Token Multisender tool, you can distribute tokens to multiple wallet addresses in a single transaction. Simply enter the addresses and the number of tokens for each recipient, and our platform will handle the rest. You can also upload a CSV file with 2 columns (address and amount) with the target wallets

    Transactions may take a few moments to confirm, especially if the network is busy. You can check the status of any transaction using the Solana explorer by entering your transaction ID.

  • Token Creator

    The Create Token tool allows you to easily create a custom token on the Solana blockchain. You can personalize the token’s name, symbol, total supply, and metadata, making it easy to launch your unique token in just a few steps.

    Yes, you can test token creation on the Solana devnet first, which allows you to experiment without spending real SOL. Once you’re ready, you can create your token on the mainnet for production use. You can use this tool to request a SOL airdrop to your devnet wallet, that you can then use to pay the fees.

    If you retain Update Authority, you can modify the token’s metadata, such as images or descriptions, using the Update Metadata tool.

    The metadata file contains extra information about your token, like an image, description, or additional properties. Filling out metadata fields in the Create Token tool will generate this file and store it permanently on the Arweave blockchain (a small fee applies based on file size). Alternatively, you can link to an existing metadata JSON file instead, but the file need to be in a specific format to work.

    Tokens will display with the name and symbol you set, and metadata (like images) will appear if supported by the wallet or exchange platform. Make sure your metadata is complete for better visibility.

    The initial supply of the token is transferred to the address that created the token (your wallet). This address is also the owner and therefore has special rights to manage the token.

    Yes, as long you have the Mint Authority you can use our Mint Tokens tool to create more tokens for a project that requires additional supply after the initial creation. You can mint as many additional tokens as necessary, depending on your project’s needs.

    Mint Authority gives you the ability to issue additional tokens after the initial creation. If you retain this authority, you can mint more tokens as needed.

    Freeze Authority allows you to freeze specific token accounts, which can be helpful in controlling token activity or preventing transfers if necessary. This is optional but provides additional control over token distribution.

    Update Authority allows you to make changes to the token’s metadata, like updating the token image, description, or other properties, even after the token is created. If you want to retain flexibility over your token's appearance or information, keeping Update Authority is recommended.

    You can also use the Revoke Authority tool at any time to remove any of these authorities later, should you decide you no longer need certain controls. Once an authority is revoked, the associated action (such as minting new tokens or updating metadata) can no longer be performed on the token, so consider your long-term needs carefully before revoking.

    First, ensure that all inputs (name, symbol, supply) are correct and that you’re on the right network (devnet or mainnet). If the error persists, try reconnecting your wallet or refreshing the page. Contact us if the issue continues.

  • Update Metadata

    The Update Metadata tool allows you to modify the metadata of your Solana token, including the name, symbol, image, and other properties, even after the token has been created.

    You can update key metadata elements such as the token’s name, symbol, image (logo or icon), and description. If you fill out the metadata fields, the updated data will be automatically stored on Arweave, ensuring it is permanently saved on a decentralized network. Alternatively, you can provide a custom link to a JSON metadata file hosted externally.

    Yes, as long as you retain the Update Authority, you can modify your token’s metadata as many times as needed. Be mindful, though, that frequent updates might affect your token's trust and transparency.

    Yes, if you fill in the metadata fields on the tool, the updated data will be stored permanently on Arweave and a URL will be generated and stored on the token's data on Solana. However, if you prefer, you can also provide a custom URL to an external JSON file containing the metadata, giving you more flexibility in where and how the data is hosted.

    Once the transaction is confirmed, the changes are typically reflected on the Solana blockchain immediately. However, updates may take a few minutes to show up on blockchain explorers or third-party platforms.

  • Revoke Authority

    Revoking an authority removes specific permissions from a token, such as the ability to mint new tokens, update metadata, or freeze accounts. Once revoked, these actions can no longer be performed by anyone.

    Mint Authority:
    This permission allows the holder to mint (create) new tokens. Revoking mint authority ensures that no additional tokens can be created, effectively capping the total supply.

    Update Authority:
    The update authority controls the ability to modify token metadata, such as the token's name, symbol, image, or other properties. Revoking this authority locks the metadata, preventing any future changes to the token’s characteristics.

    Freeze Authority:
    Freeze authority allows the holder to freeze accounts holding the token, restricting their ability to transfer or interact with the token. Revoking this authority prevents anyone from freezing token holders’ accounts, which can enhance trust and decentralization.

    No, revoking authorities is optional. It’s typically done when you want to finalize a token and ensure no further changes can be made, giving holders more confidence that the token’s supply or properties won’t change.

    Yes, you can revoke the authority at any time after your token has been launched, as long as you still hold the selected authority.

    No, revoking an authority is a permanent action. Once revoked, you cannot restore that permission unless you redeploy the token as a new token. Make sure you're certain before confirming the revocation.

    After the transaction is processed, you can verify the status of your token by checking the updated authorities on the Solana blockchain using a blockchain explorer like Solscan or your connected wallet interface.

    No, you can choose which specific authorities (Mint, Update, Freeze) to revoke. For example, you can keep minting authority but revoke updating or freezing rights, depending on your needs.

    Only the current token authority (the account that holds control over the specific permissions) can revoke an authority. If you're not the authority, you'll need to transfer authority to your wallet before revoking it.

  • Multisender

    The Token Multisender tool allows you to send tokens to multiple wallet addresses in a single transaction, simplifying and speeding up the distribution process. It's ideal for airdrops, large-scale token distributions, and mass transfers. Just connect your wallet, upload your list of recipient addresses, and send your tokens—all in a few easy steps.

    You need the recipient wallet addresses and the amount of tokens you wish to send to each address. You can input them manually or upload a CSV file with the list of addresses and amounts, the first column with the address and the second with the amount.

    Yes, the Multisender tool allows you to specify different amounts of tokens for each recipient address. This gives you full control over how you distribute the tokens.

    If one of the addresses is invalid, the transaction may fail, or that specific portion of the transaction might not go through. It’s important to double-check all recipient addresses before confirming the transaction.

    There is no limit imposed by the platform, but bear in mind that transaction fees may increase with the number of recipients. Solana’s low fees ensure that even large multisender operations remain affordable.

  • Find Holders

    The tool scans the blockchain for your selected Solana token and retrieves a list of all accounts holding that token. For each account, it provides:

    • The public key of the account.
    • The token balance in that account.
    • Whether the account is frozen or active.
    1. Connect your wallet to the website
    2. Select the token you want to analyze
    3. Click "Find Holders" to view the list of accounts holding your token
    4. Optionally, export the data as a CSV file for further analysis

    There is no strict limit, but for very large token distributions, the loading time might increase. You can export the full list as a CSV for easier handling of larger datasets.

    An account may be frozen if the token authority has restricted its activity. This is a feature of Solana's token program to manage compliance or security issues.

    No, this tool is read-only. To manage frozen accounts, use the Freeze and Thaw Tool on this website.

  • OpenBook Market

    OpenBook is a decentralized exchange (DEX) on Solana, where tokens can be traded directly without the need for intermediaries. By creating a market on OpenBook, you allow your token to be publicly traded by anyone. This enables decentralized trading of your token against other cryptocurrencies on Solana, such as SOL or USDC.

    To create a market using the OpenBook Market Creator Tool, you will need the following:

    Base Token: The token you want to list in the market.

    Quote Token: The token paired with your token for trading (e.g., SOL, USDC).

    Preset or Custom Parameters: Choose a preset (Small, Medium, or Large) or manually configure the event queue, request queue, and order book length.

    Connected Wallet: Ensure your wallet is connected and has sufficient SOL to cover transaction fees and market rent costs.

    Having these details ready will streamline the market creation process. Double-check all inputs to avoid errors, as markets cannot be modified once created.

    Event Queue: Stores all market events, such as trades and order updates. It ensures that transactions are processed in the correct order.

    Request Queue: Holds pending instructions for the market, such as placing or canceling orders, before they are executed.

    Order Book Length: Determines the number of open orders the market can handle at any given time. This affects how deep the market is in terms of order matching.

    These parameters directly impact the performance, scalability, and cost of operating your market.

    You can choose a preset for quick setup:

    Small Market: Low-volume trading with minimal storage costs.

    Medium Market: Balanced for moderate trading activity.

    Large Market: High-capacity for large-scale trading.

    Alternatively, you can manually configure the sizes if you have specific needs:

    Larger sizes handle more activity but increase blockchain storage costs.

    Smaller sizes are cost-efficient but may limit trading capacity.

    Tip: Presets are ideal for most users, while manual configuration is better for advanced users with specific requirements. Note that these settings are permanent and cannot be changed after the market is created. Choose values that align with your long-term goals.

    No, the tool only creates the market. Adding liquidity to the market is a separate process that you can perform using Solana wallets or other tools supporting OpenBook.

    Once your OpenBook market is created, it operates independently on the Solana blockchain. While you can’t directly manage trades, you can continue to update your token’s metadata or mint additional tokens via our platform.

    Changes to token metadata (like the name or image) will not affect the functionality of the market. However, traders may see the updated metadata in wallets or explorers.

  • Mint Tokens

    Minting tokens refers to the process of creating new units of an existing token and adding them to its total supply. This action increases the number of tokens available in circulation.

    Yes, as long as you retain Mint Authority, you can mint new tokens at any time, even after your token has been launched and is in circulation.

    Yes, only the account with Mint Authority can mint new tokens. If you don’t hold this authority, you won’t be able to create additional tokens for the selected token.

    There is no technical limit on how many tokens you can mint, but you should be cautious about minting too many, as it could impact your token’s value and market perception.

    Yes, once tokens are minted, you can distribute them as you see fit by sending them to various accounts. To make the process easier, you can use our Multisender tool, which allows you to send tokens to multiple addresses in a single transaction, saving time and effort.

    Minting new tokens increases the overall supply, which could dilute the value of existing tokens. It’s important to communicate with your token holders and consider the economic impact of minting more tokens.

  • Burn Tokens

    Burning tokens means permanently removing a specific number of tokens from circulation. Once tokens are burned, they can no longer be transferred, traded, or used, reducing the total supply of the token.

    Burning tokens can help control the supply of a token, often increasing scarcity and potentially increasing its value. It’s also useful for projects to manage inflation, correct token supply errors, or demonstrate a commitment to reducing circulating tokens.

    Burning tokens reduces the overall supply, which could influence the value of the remaining tokens. While it doesn’t directly affect token holders, the reduction in supply can lead to scarcity, potentially impacting market dynamics.

    No, you can choose the exact amount of tokens you wish to burn. Whether you want to burn a small portion or all of your tokens, the decision is entirely up to you. You can also use decimal points to burn a smaller amount of tokens (e.g. 10.5555) if your token has decimals.

    No, once tokens are burned, the process is irreversible. The tokens are permanently removed from circulation and cannot be recovered, so ensure you’re certain before proceeding.

    Note: If you still hold the Mint Authority for the token, you can mint additional tokens in the future to increase the supply again. However, the specific burned tokens cannot be recovered.

  • Freeze and Thaw

    This tool allows you to freeze or unfreeze (thaw) token accounts associated with your selected Solana token. You can manage the account statuses by:

    • Manually adding token accounts.
    • Uploading a list of token accounts via a CSV file.

    The tool processes the selected accounts and performs the chosen action (freeze or thaw).

    Freezing a token account prevents the token from being transferred or used, which is useful for:

    • Addressing compliance issues.
    • Suspending suspicious activity.
    • Managing token distribution control.
    1. Connect your wallet to the website
    2. Select the token you want to manage
    3. Choose whether to freeze or thaw the accounts
    4. Add token accounts manually or upload a CSV file with account details
    5. Confirm the action, and the tool will process the list

    The CSV file should contain one column with token account public keys. Each row represents one account. Ensure there are no duplicates or empty rows to avoid errors.

    Yes, you need to be the freeze authority for the selected token to freeze or thaw accounts. Without the appropriate permissions, the tool will not be able to perform the actions.

    Invalid accounts or accounts that cannot be processed (e.g., not associated with the selected token) will be skipped. You can review the summary report to identify any issues

    There is no strict limit, but managing a large number of accounts may take more time and resources. Ensure your wallet has sufficient transaction limits and SOL balance for fees

    If you select "freeze" and an account is already frozen, or "thaw" and an account is already active, that account will be skipped automatically

Still have Questions?

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