Raydium keeps its own pool creation fee and the rent for the new accounts. Once the pool exists, trading starts immediately.
Raydium CPMM pools without the hassle
CPMM is Raydium's constant-product pool that does not need an OpenBook market, so setup is cheap and fast. Your deposit sets the initial price. Raydium charges its own pool creation fee on top of our service fee, and both are shown before you sign.