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Solana - Create a Fungible Token

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Creating a Solana token (spl) involves defining the parameters of the token, such as its supplyand digits, within a Smart Contract on the Solana chain.

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The following steps and examples are based on Solana devnet.

Steps

Step_1: Generate a Solana wallet

Example request:

  • Returns an address, a secret key, and a mnemonic
curl --location 'https://api.tatum.io/v3/solana/wallet' \
--header 'x-api-key: {YOUR_API_KEY}'

//Response:
{
    "mnemonic": "develop avoid filter category draft napkin innocent elephant potato core expose primary fish horse fever bubble damage lens kite hip select ### ### ###",
    "address": "BWmkpRBdW6EvQcsQLEaAbRMvn3VxXxo83su2HZT3fPqh",
    "privateKey": "####"
}

Step_2: Add funds to the EOA that will deploy the Smart Contract Fungible Token (Spl)

  • Following the address from the example, 
    "address": "BWmkpRBdW6EvQcsQLEaAbRMvn3VxXxo83su2HZT3fPqh"
  • For testnet, you can use a faucet.

Step_3: Check the Native asset balance of an address

Ensure the Sender's blockchain address has enough Native assets to cover the gas fees of the transfer.

Example request:

  • Returns address balance in Native asset (SOL)
curl --location 'https://api.tatum.io/v3/solana/account/balance/BWmkpRBdW6EvQcsQLEaAbRMvn3VxXxo83su2HZT3fPqh' \
--header 'x-api-key: {YOUR_API_KEY}'

//Response:
{
    "balance": "5"
}

Step_4: Deploy a Smart Contract Fungible Token (ERC-20 or compatible)

Request example:

curl --location 'https://api.tatum.io/v3/blockchain/token/deploy' \
--header 'Content-Type: application/json' \
--header 'x-api-key: {YOUR_API_KEY}' \
--data '{
  "chain": "SOL",
  "supply": "200000",
  "digits": 6,
  "address": "BWmkpRBdW6EvQcsQLEaAbRMvn3VxXxo83su2HZT3fPqh",
  "from": "BWmkpRBdW6EvQcsQLEaAbRMvn3VxXxo83su2HZT3fPqh",
  "fromPrivateKey": "####"
}'

//response:
{
    "txId": {
        "txId": "5NoeRRzemkDmhboSWbkJK29fhaXTm3YeAmZo9ALrVZUkr2bHbuTiXgc2dSxKywUEg2YmgjnyMeETgWycyPUHvS4n",
        "contractAddress": "HCz6wUe9r9J2BFNT16x7EJjYH6SVjZEdxbe2vQghWubM"
    }
}

Good to Know

Updated about 2 months ago