Account structure

Config Account

The config account holds various protocol parameters, including:

• Quote token - Immutable

• Market parameters - Mutable

• Fee parameters (protocol fee share, recipient) - Mutable

Config accounts can be created by anyone using the create_config instruction, but only markets created using the official Token Mill config will be indexed and shown on the website.

Market account

The market account holds all the informations required to perform swaps.

The token created with the market is called base token, or token 0. It will be traded against the quote token, or token 1, set on the config.

Each market is tied to a config account.