Create a Market

Create every type of PnP market with pnp-core — parimutuel (P2P) and Pythagorean (AMM) markets, with general, coin, or YouTube resolution and optional custom odds.

Markets vary along two axes — a liquidity model and a resolution kind. This page has a copy-pasteable script for each combination the SDK exposes.

Liquidity model	Namespace	Creator’s role
Parimutuel (P2P)	client.p2p	Seeds one side; others take the opposite side. Winners split the pot.
Pythagorean (AMM)	client.amm	Seeds liquidity; traders buy YES/NO against the pool.

All amounts are in base units. Examples use uiToBaseUnits(100, 6) → 100_000000n for 100 USDC. endTime accepts a Date, or unix-seconds as number / bigint / BN. creator defaults to the signer; collateralMint defaults to the network’s default (USDC on mainnet).

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Parimutuel (P2P) markets

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General P2P market

The creator backs one side; everyone else takes the other side with client.p2p.buy. Settlement uses the PnP protocol oracle, and odds default to 1:1.

import { PnpClient, uiToBaseUnits } from "pnp-core";

const client = PnpClient.mainnet({ wallet });

const res = await client.p2p.createMarket({
  question: "Will BTC close above $100k on Dec 31, 2026?",
  initialAmount: uiToBaseUnits(100, 6), // seed 100 USDC on YES
  side: "yes",
  endTime: new Date(Date.now() + 30 * 864e5), // ~30 days
});

console.log("market id:  ", res.marketId.toString());
console.log("market PDA: ", res.market.toBase58());
console.log("YES / NO:   ", res.yesMint.toBase58(), res.noMint.toBase58());
console.log("signature:  ", res.signature);

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P2P market with custom odds

Pass oddsBps (100–9900) to price the creator’s side away from 1:1. 2500 bps sets the creator’s side at 25% implied probability, so takers on the other side earn a larger share of the pot. Setting odds creates the market extension PDA (returned as res.extension).

const res = await client.p2p.createMarket({
  question: "Will my team win the hackathon?",
  initialAmount: uiToBaseUnits(50, 6),
  side: "no",
  endTime: new Date(Date.now() + 3 * 864e5),
  oddsBps: 2500, // creator's NO side at 25% implied odds
});

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P2P market with a custom oracle

createMarketCustom is identical to createMarket but you designate the settler. See Custom Oracles for the full lifecycle.

const res = await client.p2p.createMarketCustom({
  question: "Will our internal KPI hit target this quarter?",
  initialAmount: uiToBaseUnits(25, 6),
  side: "yes",
  endTime: new Date(Date.now() + 7 * 864e5),
  oracle: mySettlerPubkey, // becomes an authorized settler for THIS market
});

Whatever pubkey you pass as oracle can settle() and setEndTime() on this market. Prefer the plain createMarket (protocol oracle) unless you specifically want your own settler.

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P2P parameters

question · string · required

Market question / title, stored on-chain.

initialAmount · BN | bigint | number · required

Collateral the creator deposits to seed their side, in base units.

side · "yes" | "no" · required

Which side the creator backs.

endTime · number | bigint | BN | Date · required

Market end time. May be in the past for an immediately-settleable market.

oddsBps · number

Creator-side odds in bps (100–9900). Omit for default 1:1 (10000). Creates the extension PDA.

creator · PublicKey

Creator / fee recipient. Defaults to the signer; may differ from the payer.

collateralMint · PublicKey

Override the collateral mint. Defaults to the network default.

oracle · PublicKey · required

createMarketCustom only. The market’s settler.

computeUnitLimit · number · default: "400000"

CU limit prepended to the tx. Pass 0 to skip the compute-budget instruction.

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Pythagorean (AMM) markets

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General AMM market

The creator seeds liquidity; prices start at 50/50 and move as traders buy. Settlement uses the PnP protocol oracle.

const res = await client.amm.createMarket({
  question: "Will Solana flip Ethereum by TVL in 2026?",
  initialLiquidity: uiToBaseUnits(200, 6), // seed 200 USDC of liquidity
  endTime: new Date(Date.now() + 60 * 864e5),
});

console.log("market id:", res.marketId.toString(), res.market.toBase58());

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AMM market with custom odds / oracle

const res = await client.amm.createMarketCustom({
  question: "Will it rain in SF on launch day?",
  initialLiquidity: uiToBaseUnits(100, 6),
  endTime: new Date(Date.now() + 2 * 864e5),
  oddsBps: 3000, // start YES at 30% (default 5000 = 50/50)
  // oracle: mySettlerPubkey, // optional custom settler
});

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Coin market

Resolves on a token’s price/metric. The type is encoded in the on-chain question as a suffix — "<question>? <chain>:<coinAddress>" — exactly like the PnP frontend, so the oracle recognizes it. createCoinMarket extends the AMM custom params, so oddsBps / oracle are also available.

const res = await client.amm.createCoinMarket({
  question: "Will BONK 2x from here by end of month?",
  coinAddress: "DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263", // BONK mint
  chain: "solana", // default
  initialLiquidity: uiToBaseUnits(150, 6),
  endTime: new Date(Date.now() + 30 * 864e5),
});

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YouTube market

Resolves on a video’s stats. Encoded on-chain as "<question>? <youtubeLink>".

const res = await client.amm.createYoutubeMarket({
  question: "Will this video hit 1M views in 30 days?",
  youtubeLink: "https://www.youtube.com/watch?v=dQw4w9WgXcQ",
  initialLiquidity: uiToBaseUnits(100, 6),
  endTime: new Date(Date.now() + 30 * 864e5),
});

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AMM parameters

question · string · required

Market question / title, stored on-chain.

initialLiquidity · BN | bigint | number · required

Liquidity the creator seeds the AMM with, in base units.

endTime · number | bigint | BN | Date · required

Market end time.

oddsBps · number · default: "5000"

Custom/coin/youtube paths. YES-side odds in bps (100–9900). Default 5000 (50/50).

oracle · PublicKey

Custom/coin/youtube paths. Optional custom settler.

coinAddress · string · required

createCoinMarket only. The coin’s contract address (SPL mint on Solana).

chain · string · default: "solana"

createCoinMarket only. Chain prefix stored in the question.

youtubeLink · string · required

createYoutubeMarket only. Full YouTube video link.

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What you get back

Both models return a result with the transaction signature and the created addresses:

P2P — CreateMarketResult

{
  signature: string;
  marketId: bigint;     // == global_config.global_id at creation
  market: PublicKey;    // MarketV3 PDA
  yesMint: PublicKey;   // YES decision-token mint
  noMint: PublicKey;    // NO decision-token mint
  extension?: PublicKey; // present only with custom odds/oracle
}

Other resolution kinds (Twitter, DefiLlama, Kalshi) are supported at the protocol level but have no dedicated SDK helper yet. You can still create them as general markets and attach settlement criteria describing how they resolve.

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Runnable examples

The SDK repo ships a script for every market type in examples/create-markets/ — clone it, set PNP_KEYPAIR, and run any of them with tsx.