Sell ladder on Orca

To create an ordinary pool you need two things: your token, and real money on the other side. That is where almost every launch stalls — the token exists, and there is no cash to give it liquidity.

A sell ladder is a concentrated position sitting entirely on one side of the price, made only of tokens that are already yours. Because it sits wholly above the current price, Orca asks for nothing of the other asset: your own capital is zero. Every buy that arrives climbs one step, and the buyer pays in the quote currency — which lands in your position.

It is the same virtual-reserve mechanism the curve platforms use. The difference is that here you draw the ladder: where it starts, where it ends, and how many tokens go in.

A pool's two mints are ordered by the bytes of their addresses, and your mint's address is drawn at random. So your token lands on side A or side B by chance, half and half — and the side decides which side of the price the range sits on: above it if your token is A, below it if it is B.

When your token is B, the price the pool quotes is the inverse of its price: your token going up means the pool going down. This tool asks for the price in your convention and inverts it for you — but shows both, so you can check before signing.

The tool reads the pool on chain, aligns the range to the tick grid, creates the range accounts that do not exist yet, opens the position and deposits the tokens — all in a single transaction, signed by you. The service fee is the last instruction: if any step fails, the whole transaction is undone and you pay nothing.

You receive a position NFT. It is what proves the position is yours, and it is what you use later to close it, recovering the tokens that did not sell along with the account rent.