# Creating a liquidity pool
Anybody can create a [liquidity pool](/glossary.md#liquidity-pool). The only requirement is that the [asset pair](/glossary.md#asset-pair) does not already exist.
Liquidity pool creators are also [liquidity providers](/entities/liquidity-provider.md) since they deposit the initial liquidity and are given [LP tokens](/glossary.md#liquidity-provider-token) in return. For security reasons, a very small portion of the initial liquidity is locked in the liquidity pool forever. The liquidity provider needs to make sure that the ratio in which the initial liquidity was provided reflects the real-world exchange rate, otherwise, it would be open to [arbitrage](/glossary.md#arbitrage) and they could lose out on the overall value.
One thing to keep in mind is that the liquidity pool creator needs to provide a small amount of non-refundable ADA bundled with the tokens as per the requirements of the Cardano blockchain.
The creation of a liquidity pool can be seen in the following image:
## Guide
You can create a liquidity pool in the **Pool** tab by clicking **Create pool**. This will take you to the **Create a new pool** page.
Here you have to select a pair of assets that do not have an existing liquidity pool yet.
Once you are ready, click **Create a new Pool**. WingRiders will let you once more review the transaction details. If you are satisfied with the transaction, confirm it using the **Confirm** button. Afterward, you will be prompted by your connected wallet to sign the transaction (*example from Nami Wallet, the interface may differ in other wallets*).
After successfully signing the transaction, WingRiders will inform you about a successful pool submission. You can track the progress of the pool creation in the **Transactions** tab, either by clicking **Transaction list** in the message window or clicking **Transactions** in the top right corner. After the transaction is confirmed, you will see your transaction in the **Completed** tab.
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