# Create A Liquidity Pair {% hint style="info" %} **Good to know:** By Adding liquidity you help create a decentralized ecosystem of exchange!\ \ You can add liquidity for preexisting tokens or new ones that arent even listed yet!\ \ You can add liquidity to a token that isn't listed by inputting the contract address of the token directly into the token list! Liquidity providers earn a 0.25% fee on all trades proportional to their share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity {% endhint %} {% hint style="danger" %} **Warning:** If you do not understand how providing liquidity works please be careful with how much you risk! \ \ You may face impermanent losses! Read more about Risk & Returns below! {% endhint %} {% content-ref url="/pages/3cyEsYPWqToZ3DqIOVpf" %} [Risk & Returns](/owl-swap/guides/create-a-liquidity-pair/risk-and-returns.md) {% endcontent-ref %} {% embed url="" %} {% embed url="" %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.flaretopia.com/owl-swap/guides/create-a-liquidity-pair.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.