OCaml libraries should be installed in `$(out)/lib/ocaml/${ocaml.version}/site-lib/`. Such directories are automatically added to the `$OCAMLPATH` environment variable when building another package that depends on them or when opening a `nix-shell`.
Given that most of the OCaml ecosystem is now built with dune, nixpkgs includes a convenience build support function called `buildDunePackage` that will build an OCaml package using dune, OCaml and findlib and any additional dependencies provided as `buildInputs` or `propagatedBuildInputs`.
Here is a simple package example. It defines an (optional) attribute `minimumOCamlVersion` that will be used to throw a descriptive evaluation error if building with an older OCaml is attempted. It uses the `fetchFromGitHub` fetcher to get its source. It sets the `doCheck` (optional) attribute to `true` which means that tests will be run with `dune runtest -p angstrom` after the build (`dune build -p angstrom`) is complete. It uses `alcotest` as a build input (because it is needed to run the tests) and `bigstringaf` and `result` as propagated build inputs (thus they will also be available to libraries depending on this library). The library will be installed using the `angstrom.install` file that dune generates.
Here is a second example, this time using a source archive generated with `dune-release`. It is a good idea to use this archive when it is available as it will usually contain substituted variables such as a `%%VERSION%%` field. This library does not depend on any other OCaml library and no tests are run after building it.