diff --git a/examples/basic_spot_deploy.py b/examples/basic_spot_deploy.py
new file mode 100644
index 0000000..1a03de7
--- /dev/null
+++ b/examples/basic_spot_deploy.py
@@ -0,0 +1,19 @@
+from hyperliquid.utils import constants
+import example_utils
+
+TOKEN_ID = 1169
+IS_MAINNET = False
+
+def main():
+    
+    _, _, exchange = example_utils.setup(constants.MAINNET_API_URL if IS_MAINNET else constants.TESTNET_API_URL, skip_ws=True)
+
+    user_and_wei = [["0xffffffffffffffffffffffffffffffffffffffff","0"]]
+    existing_token_and_wei = []
+    
+    response = exchange.spot_deploy(TOKEN_ID, user_and_wei, existing_token_and_wei)
+
+    print(response)
+
+if __name__ == "__main__":
+    main()
\ No newline at end of file
diff --git a/hyperliquid/exchange.py b/hyperliquid/exchange.py
index f0c5d47..74c73c8 100644
--- a/hyperliquid/exchange.py
+++ b/hyperliquid/exchange.py
@@ -575,3 +575,29 @@ def multi_sig(self, multi_sig_user, inner_action, signatures, nonce, vault_addre
             signature,
             nonce,
         )
+    
+    def spot_deploy(self, token_id, user_and_wei: List[Tuple[str, int]], existing_token_and_wei: List[Tuple[str, int]]):
+        spot_deploy_action = {
+            "type": "spotDeploy",
+            "userGenesis":{
+                "token": token_id,
+                "userAndWei": [(address.lower(), amount) for address, amount in user_and_wei],
+                "existingTokenAndWei": [(address.lower(), amount) for address, amount in existing_token_and_wei]
+            }
+        }
+
+        timestamp = get_timestamp_ms()
+    
+        signature = sign_l1_action(
+            self.wallet,
+            spot_deploy_action,
+            None,
+            timestamp,
+            self.base_url == MAINNET_API_URL,
+        )
+
+        return self._post_action(
+            spot_deploy_action,
+            signature,
+            timestamp,
+        )
\ No newline at end of file