diff --git a/src/components/NewPosition/NewPosition.tsx b/src/components/NewPosition/NewPosition.tsx
index 7c58f1fcd..9b067c54f 100644
--- a/src/components/NewPosition/NewPosition.tsx
+++ b/src/components/NewPosition/NewPosition.tsx
@@ -41,6 +41,7 @@ export interface INewPosition {
   initialFee: string
   history: History<unknown>
   poolAddress: string
+  calculatePoolAddress: () => Promise<string>
   copyPoolAddressHandler: (message: string, variant: Color) => void
   tokens: SwapToken[]
   data: PlotTickData[]
@@ -112,6 +113,7 @@ export const NewPosition: React.FC<INewPosition> = ({
   initialFee,
   history,
   poolAddress,
+  calculatePoolAddress,
   copyPoolAddressHandler,
   tokens,
   data,
@@ -169,6 +171,7 @@ export const NewPosition: React.FC<INewPosition> = ({
   const [tokenADeposit, setTokenADeposit] = useState<string>('')
   const [tokenBDeposit, setTokenBDeposit] = useState<string>('')
 
+  const [address, setAddress] = useState<string>(poolAddress)
   const [settings, setSettings] = React.useState<boolean>(false)
   const [slippTolerance, setSlippTolerance] = React.useState<string>(initialSlippage)
   const [anchorEl, setAnchorEl] = React.useState<HTMLButtonElement | null>(null)
@@ -304,6 +307,14 @@ export const NewPosition: React.FC<INewPosition> = ({
     }
   }, [midPrice.index])
 
+  useEffect(() => {
+    const configurePoolAddress = async () => {
+      const configuredAddress = poolAddress === '' ? await calculatePoolAddress() : poolAddress
+      setAddress(configuredAddress)
+    }
+    void configurePoolAddress()
+  }, [initialTokenFrom, initialTokenTo, initialFee])
+
   const handleClickSettings = (event: React.MouseEvent<HTMLButtonElement>) => {
     setAnchorEl(event.currentTarget)
     blurContent()
@@ -350,10 +361,10 @@ export const NewPosition: React.FC<INewPosition> = ({
       <Grid container justifyContent='space-between'>
         <Typography className={classes.title}>Add new liquidity position</Typography>
         <Grid container item alignItems='center' className={classes.options}>
-          {poolIndex !== null ? (
+          {address !== '' ? (
             <MarketIdLabel
               displayLength={9}
-              marketId={poolAddress}
+              marketId={address}
               copyPoolAddressHandler={copyPoolAddressHandler}
             />
           ) : null}
diff --git a/src/containers/NewPositionWrapper/NewPositionWrapper.tsx b/src/containers/NewPositionWrapper/NewPositionWrapper.tsx
index 154d19b29..ab3502e27 100644
--- a/src/containers/NewPositionWrapper/NewPositionWrapper.tsx
+++ b/src/containers/NewPositionWrapper/NewPositionWrapper.tsx
@@ -12,7 +12,7 @@ import {
   getNewTokenOrThrow,
   printBN
 } from '@consts/utils'
-import { MAX_TICK, Pair, calculatePriceSqrt } from '@invariant-labs/sdk'
+import { MAX_TICK, Pair, calculatePriceSqrt, getMarketAddress } from '@invariant-labs/sdk'
 import { Decimal } from '@invariant-labs/sdk/lib/market'
 import { DECIMAL } from '@invariant-labs/sdk/lib/utils'
 import { getLiquidityByX, getLiquidityByY } from '@invariant-labs/sdk/src/math'
@@ -31,7 +31,8 @@ import {
 import { initPosition, plotTicks } from '@selectors/positions'
 import { network } from '@selectors/solanaConnection'
 import { canCreateNewPool, canCreateNewPosition, status, swapTokens } from '@selectors/solanaWallet'
-import { getCurrentSolanaConnection } from '@web3/connection'
+import { PublicKey } from '@solana/web3.js'
+import { getCurrentSolanaConnection, networkTypetoProgramNetwork } from '@web3/connection'
 import { openWalletSelectorModal } from '@web3/selector'
 import { History } from 'history'
 import React, { useEffect, useMemo, useState } from 'react'
@@ -52,6 +53,8 @@ export const NewPositionWrapper: React.FC<IProps> = ({
 }) => {
   const dispatch = useDispatch()
 
+  const networkType = useSelector(network)
+
   const connection = getCurrentSolanaConnection()
 
   const tokens = useSelector(swapTokens)
@@ -384,6 +387,25 @@ export const NewPositionWrapper: React.FC<IProps> = ({
     localStorage.setItem('INVARIANT_NEW_POSITION_SLIPPAGE', slippage)
   }
 
+  const calculatePoolAddress = async () => {
+    if (tokenAIndex === null || tokenBIndex === null) {
+      return ''
+    }
+
+    const pair = new Pair(
+      tokens[tokenAIndex].assetAddress,
+      tokens[tokenBIndex].assetAddress,
+      ALL_FEE_TIERS_DATA[feeIndex].tier
+    )
+
+    const marketProgramId = new PublicKey(
+      getMarketAddress(networkTypetoProgramNetwork(networkType))
+    )
+    const poolAddress: string = (await pair.getAddress(marketProgramId)).toString()
+
+    return poolAddress
+  }
+
   return (
     <NewPosition
       initialTokenFrom={initialTokenFrom}
@@ -392,6 +414,7 @@ export const NewPositionWrapper: React.FC<IProps> = ({
       history={history}
       copyPoolAddressHandler={copyPoolAddressHandler}
       poolAddress={poolIndex !== null ? allPools[poolIndex].address.toString() : ''}
+      calculatePoolAddress={calculatePoolAddress}
       tokens={tokens}
       onChangePositionTokens={(tokenA, tokenB, feeTierIndex) => {
         if (