# Create a Liquidity Pool

If you want your token to be traded against other assets, you'll need to create a liquidity pool. A liquidity pool is a collection of cryptocurrency tokens locked in a smart contract on a decentralized exchange (DEX). It serves as a reserve, enabling users to exchange tokens directly using the pool's locked tokens without requiring a matching buyer or seller. Alternatively, you can watch the video above for a voiced over walkthrough.

{% stepper %}
{% step %}

### Launch Universal Token

To create a liquidity pool, you first need a token. If you don’t already have one, you will need to [launch a universal token](https://docs.entangle.fi/universal-token-standard/user-guides/launch-universal-token).
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{% step %}

### Import

Ensure that you have imported your token into your wallet. If you're using MetaMask, you can follow their [official guide](https://support.metamask.io/managing-my-tokens/custom-tokens/how-to-display-tokens-in-metamask/). For other wallets, please refer to their respective documentation for transferring tokens.
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{% step %}

### Add Liquidity

{% hint style="info" %}
Be sure to copy the token address from the station page to ensure you select the correct token.
{% endhint %}

You can now create a liquidity pool to enable seamless exchanges. If you're using [Uniswap](https://app.uniswap.org/), the process is straightforward — follow their guide on [adding liquidity to Uniswap v3](https://support.uniswap.org/hc/en-us/articles/7423194619661-How-to-add-liquidity-to-Uniswap-v3). For other DEXs, refer to their respective documentation for instructions on adding liquidity.

<figure><img src="https://4040807501-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5AajewgFWO9EkufRORqL%2Fuploads%2F62Mr2jeO4jA7s2bbKBQD%2Flaunch%20universal%20token%20station%20page%20circle.png?alt=media&#x26;token=3ebdc333-d865-493b-a9cd-e323280455bf" alt=""><figcaption></figcaption></figure>
{% endstep %}
{% endstepper %}

That’s it! You’ve successfully created a liquidity pool on a DEX, allowing your users to exchange tokens seamlessly.


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