mango-v4-ui/components/trade/AdvancedTradeForm.tsx

import {
  OracleProvider,
  PerpMarket,
  PerpOrderSide,
  PerpOrderType,
  Serum3Market,
  Serum3OrderType,
  Serum3SelfTradeBehavior,
  Serum3Side,
} from '@blockworks-foundation/mango-v4'
import Checkbox from '@components/forms/Checkbox'
import Tooltip from '@components/shared/Tooltip'
import mangoStore from '@store/mangoStore'
import Decimal from 'decimal.js'
import { useTranslation } from 'next-i18next'
import {
  ChangeEvent,
  FormEvent,
  useCallback,
  useEffect,
  useMemo,
  useState,
} from 'react'
import NumberFormat, {
  NumberFormatValues,
  SourceInfo,
} from 'react-number-format'
import * as sentry from '@sentry/nextjs'

import { notify } from 'utils/notifications'
import SpotSlider, { useSpotMarketMax } from './SpotSlider'
import {
  OrderTypes,
  TriggerOrderTypes,
  calculateLimitPriceForMarketOrder,
  handlePlaceTriggerOrder,
} from 'utils/tradeForm'
import Image from 'next/legacy/image'
import { QuestionMarkCircleIcon } from '@heroicons/react/20/solid'
import TabUnderline from '@components/shared/TabUnderline'
import PerpSlider, { usePerpMarketMax } from './PerpSlider'
import useLocalStorageState from 'hooks/useLocalStorageState'
import {
  SIZE_INPUT_UI_KEY,
  SOUND_SETTINGS_KEY,
  TRADE_CHECKBOXES_KEY,
} from 'utils/constants'
import SpotButtonGroup from './SpotButtonGroup'
import PerpButtonGroup from './PerpButtonGroup'
import SolBalanceWarnings from '@components/shared/SolBalanceWarnings'
import useSelectedMarket from 'hooks/useSelectedMarket'
import {
  floorToDecimal,
  formatCurrencyValue,
  formatNumericValue,
  getDecimalCount,
} from 'utils/numbers'
import LogoWithFallback from '@components/shared/LogoWithFallback'
import ButtonGroup from '@components/forms/ButtonGroup'
import TradeSummary from './TradeSummary'
import useMangoAccount from 'hooks/useMangoAccount'
import MaxSizeButton from './MaxSizeButton'
import { INITIAL_SOUND_SETTINGS } from '@components/settings/SoundSettings'
import { Howl } from 'howler'
import { isMangoError } from 'types'
import InlineNotification from '@components/shared/InlineNotification'
import SpotMarketOrderSwapForm from './SpotMarketOrderSwapForm'
import useRemainingBorrowsInPeriod from 'hooks/useRemainingBorrowsInPeriod'
import dayjs from 'dayjs'
import relativeTime from 'dayjs/plugin/relativeTime'
import Select from '@components/forms/Select'
import TriggerOrderMaxButton from './TriggerOrderMaxButton'
import TradePriceDifference from '@components/shared/TradePriceDifference'
import { getTokenBalance } from '@components/swap/TriggerSwapForm'
import useMangoAccountAccounts from 'hooks/useMangoAccountAccounts'
import useTokenPositionsFull from 'hooks/useAccountPositionsFull'
import AccountSlotsFullNotification from '@components/shared/AccountSlotsFullNotification'
import DepositWithdrawModal from '@components/modals/DepositWithdrawModal'
import CreateAccountModal from '@components/modals/CreateAccountModal'
import TradeformSubmitButton from './TradeformSubmitButton'
import useIpAddress from 'hooks/useIpAddress'

dayjs.extend(relativeTime)

const set = mangoStore.getState().set

export const successSound = new Howl({
  src: ['/sounds/swap-success.mp3'],
  volume: 0.5,
})

export const INPUT_SUFFIX_CLASSNAMES =
  'absolute right-[1px] top-1/2 flex h-[calc(100%-2px)] -translate-y-1/2 items-center rounded-r-md bg-th-input-bkg px-2 text-xs font-normal text-th-fgd-4'

export const INPUT_PREFIX_CLASSNAMES =
  'absolute left-2 top-1/2 h-5 w-5 flex-shrink-0 -translate-y-1/2'

export const DEFAULT_CHECKBOX_SETTINGS = {
  ioc: false,
  post: false,
  margin: true,
}

type TradeForm = {
  baseSize: number
  orderType: OrderTypes | TriggerOrderTypes
  price: string | undefined
  side: 'buy' | 'sell'
}

type FormErrors = Partial<Record<keyof TradeForm, string>>

const AdvancedTradeForm = () => {
  const { t } = useTranslation(['common', 'settings', 'swap', 'trade'])
  const { mangoAccount, mangoAccountAddress } = useMangoAccount()
  const { usedSerum3, totalSerum3, usedPerps, totalPerps } =
    useMangoAccountAccounts()
  const tradeForm = mangoStore((s) => s.tradeForm)
  const [placingOrder, setPlacingOrder] = useState(false)
  const [formErrors, setFormErrors] = useState<FormErrors>({})
  const [showDepositModal, setShowDepositModal] = useState(false)
  const [showCreateAccountModal, setShowCreateAccountModal] = useState(false)
  const [tradeFormSizeUi] = useLocalStorageState(SIZE_INPUT_UI_KEY, 'slider')
  const [savedCheckboxSettings, setSavedCheckboxSettings] =
    useLocalStorageState(TRADE_CHECKBOXES_KEY, DEFAULT_CHECKBOX_SETTINGS)
  const { ipAllowed, perpAllowed, spotAllowed, ipCountry } = useIpAddress()
  const [soundSettings] = useLocalStorageState(
    SOUND_SETTINGS_KEY,
    INITIAL_SOUND_SETTINGS,
  )
  const {
    selectedMarket,
    price: oraclePrice,
    baseLogoURI,
    baseSymbol,
    quoteBank,
    quoteLogoURI,
    quoteSymbol,
    serumOrPerpMarket,
    marketAddress,
  } = useSelectedMarket()
  const { remainingBorrowsInPeriod, timeToNextPeriod } =
    useRemainingBorrowsInPeriod()
  const spotMax = useSpotMarketMax(
    mangoAccount,
    selectedMarket,
    tradeForm.side,
    savedCheckboxSettings.margin,
  )
  const perpMax = usePerpMarketMax(mangoAccount, selectedMarket, tradeForm.side)

  const baseBank = useMemo(() => {
    const group = mangoStore.getState().group
    if (!group || !selectedMarket || selectedMarket instanceof PerpMarket)
      return
    const bank = group.getFirstBankByTokenIndex(selectedMarket.baseTokenIndex)
    return bank
  }, [selectedMarket])

  // check for available account token slots
  const tokenPositionsFull = useTokenPositionsFull([baseBank, quoteBank])

  // check for available serum account slots if serum market
  const serumSlotsFull = useMemo(() => {
    if (!selectedMarket || selectedMarket instanceof PerpMarket) return false
    const hasSlot = usedSerum3.find(
      (market) => market.marketIndex === selectedMarket.marketIndex,
    )
    return usedSerum3.length >= totalSerum3.length && !hasSlot
  }, [usedSerum3, totalSerum3, selectedMarket])

  // check for available perp account slots if perp market
  const perpSlotsFull = useMemo(() => {
    if (!selectedMarket || selectedMarket instanceof Serum3Market) return false
    const hasSlot = usedPerps.find(
      (market) => market.marketIndex === selectedMarket.perpMarketIndex,
    )
    return usedPerps.length >= totalPerps.length && !hasSlot
  }, [usedPerps, totalPerps, selectedMarket])

  const setTradeType = useCallback(
    (tradeType: OrderTypes | TriggerOrderTypes) => {
      set((s) => {
        s.tradeForm.tradeType = tradeType
      })
    },
    [],
  )

  const handlePriceChange = useCallback(
    (e: NumberFormatValues, info: SourceInfo) => {
      if (info.source !== 'event') return
      set((s) => {
        s.tradeForm.price = e.value
        if (s.tradeForm.baseSize && !Number.isNaN(Number(e.value))) {
          s.tradeForm.quoteSize = (
            (parseFloat(e.value) || 0) * parseFloat(s.tradeForm.baseSize)
          ).toString()
        }
      })
      setFormErrors({})
    },
    [],
  )

  const handleBaseSizeChange = useCallback(
    (e: NumberFormatValues, info: SourceInfo) => {
      if (info.source !== 'event') return
      set((s) => {
        const price =
          s.tradeForm.tradeType === 'Market'
            ? oraclePrice
            : Number(s.tradeForm.price)

        s.tradeForm.baseSize = e.value
        if (price && e.value !== '' && !Number.isNaN(Number(e.value))) {
          s.tradeForm.quoteSize = new Decimal(price).mul(e.value).toFixed()
        } else {
          s.tradeForm.quoteSize = ''
        }
      })
    },
    [oraclePrice],
  )

  const handleQuoteSizeChange = useCallback(
    (e: NumberFormatValues, info: SourceInfo) => {
      if (info.source !== 'event') return
      set((s) => {
        const price =
          s.tradeForm.tradeType === 'Market'
            ? oraclePrice
            : Number(s.tradeForm.price)

        s.tradeForm.quoteSize = e.value
        if (price && e.value !== '' && !Number.isNaN(Number(e.value))) {
          s.tradeForm.baseSize = new Decimal(e.value).div(price).toFixed()
        } else {
          s.tradeForm.baseSize = ''
        }
      })
    },
    [oraclePrice],
  )

  const handlePostOnlyChange = useCallback(
    (postOnly: boolean) => {
      let ioc = tradeForm.ioc
      if (postOnly) {
        ioc = !postOnly
      }
      set((s) => {
        s.tradeForm.postOnly = postOnly
        s.tradeForm.ioc = ioc
      })
      setSavedCheckboxSettings({
        ...savedCheckboxSettings,
        ioc: ioc,
        post: postOnly,
      })
    },
    [savedCheckboxSettings],
  )

  const handleIocChange = useCallback(
    (ioc: boolean) => {
      let postOnly = tradeForm.postOnly
      if (ioc) {
        postOnly = !ioc
      }
      set((s) => {
        s.tradeForm.ioc = ioc
        s.tradeForm.postOnly = postOnly
      })
      setSavedCheckboxSettings({
        ...savedCheckboxSettings,
        ioc: ioc,
        post: postOnly,
      })
    },
    [savedCheckboxSettings],
  )

  useEffect(() => {
    const { ioc, post } = savedCheckboxSettings
    set((s) => {
      s.tradeForm.ioc = ioc
      s.tradeForm.postOnly = post
    })
  }, [])

  const handleReduceOnlyChange = useCallback((reduceOnly: boolean) => {
    set((s) => {
      s.tradeForm.reduceOnly = reduceOnly
    })
  }, [])

  const handleSetSide = useCallback((side: 'buy' | 'sell') => {
    set((s) => {
      s.tradeForm.side = side
    })
    setFormErrors({})
  }, [])

  const handleSetMargin = useCallback(
    (e: ChangeEvent<HTMLInputElement>) => {
      setSavedCheckboxSettings({
        ...savedCheckboxSettings,
        margin: e.target.checked,
      })

      const { group } = mangoStore.getState()
      const { tradeType, side, price, baseSize, quoteSize } = tradeForm
      const tradePrice = tradeType === 'Market' ? oraclePrice : price

      if (
        !group ||
        !mangoAccount ||
        !baseBank ||
        !quoteBank ||
        !tradePrice ||
        !(selectedMarket instanceof Serum3Market)
      ) {
        return
      }

      const isBuySide = side === 'buy'
      const balanceBank = isBuySide ? quoteBank : baseBank
      const balance = mangoAccount.getTokenBalanceUi(balanceBank)
      const max = Math.max(balance, 0)

      const sizeToCompare = isBuySide ? quoteSize : baseSize
      const isSizeTooLarge = parseFloat(sizeToCompare) > max

      set((s) => {
        if (max <= 0) {
          s.tradeForm.baseSize = ''
          s.tradeForm.quoteSize = ''
          return
        }
        if (isSizeTooLarge) {
          if (isBuySide) {
            s.tradeForm.quoteSize = floorToDecimal(max, tickDecimals).toFixed()
            s.tradeForm.baseSize = floorToDecimal(
              max / Number(tradePrice),
              minOrderDecimals,
            ).toFixed()
          } else {
            s.tradeForm.baseSize = floorToDecimal(
              max,
              minOrderDecimals,
            ).toFixed()
            s.tradeForm.quoteSize = floorToDecimal(
              max * Number(tradePrice),
              tickDecimals,
            ).toFixed()
          }
        }
      })
    },
    [
      baseBank,
      quoteBank,
      mangoAccount,
      oraclePrice,
      savedCheckboxSettings,
      selectedMarket,
      set,
      tradeForm,
    ],
  )

  const tickDecimals = useMemo(() => {
    if (!serumOrPerpMarket) return 1
    const tickSize = serumOrPerpMarket.tickSize
    const tickDecimals = getDecimalCount(tickSize)
    return tickDecimals
  }, [serumOrPerpMarket])

  const [minOrderDecimals, minOrderSize] = useMemo(() => {
    if (!serumOrPerpMarket) return [1, 0.1]
    const minOrderSize = serumOrPerpMarket.minOrderSize
    const minOrderDecimals = getDecimalCount(minOrderSize)
    return [minOrderDecimals, minOrderSize]
  }, [serumOrPerpMarket])

  const isMarketEnabled = useMemo(() => {
    const { group } = mangoStore.getState()
    if (!selectedMarket || !group) return false
    if (selectedMarket instanceof PerpMarket) {
      return selectedMarket.oracleLastUpdatedSlot !== 0
    } else if (selectedMarket instanceof Serum3Market) {
      return (
        baseBank?.oracleProvider == OracleProvider.Stub ||
        (baseBank?.oracleLastUpdatedSlot !== 0 &&
          (quoteBank?.name == 'USDC'
            ? true
            : quoteBank?.oracleLastUpdatedSlot !== 0))
      )
    }
  }, [baseBank, quoteBank, selectedMarket])

  // clear form errors on base size change or new market
  useEffect(() => {
    if (Object.keys(formErrors).length) {
      setFormErrors({})
    }
  }, [tradeForm.baseSize, marketAddress])

  const isSanctioned = useMemo(() => {
    return !(
      ipAllowed ||
      (selectedMarket instanceof PerpMarket && perpAllowed) ||
      (selectedMarket instanceof Serum3Market && spotAllowed)
    )
  }, [selectedMarket, ipAllowed, perpAllowed, spotAllowed])

  const hasPosition = useMemo(() => {
    const group = mangoStore.getState().group
    if (!mangoAccount || !selectedMarket || !group) return false
    if (selectedMarket instanceof PerpMarket) {
      const basePosition = mangoAccount
        .getPerpPosition(selectedMarket.perpMarketIndex)
        ?.getBasePositionUi(selectedMarket)
      return basePosition !== undefined && basePosition !== 0
    } else if (selectedMarket instanceof Serum3Market) {
      const baseBank = group.getFirstBankByTokenIndex(
        selectedMarket.baseTokenIndex,
      )
      const tokenPosition = mangoAccount.getTokenBalanceUi(baseBank)
      return tradeForm.side === 'sell' && tokenPosition !== 0
    }
  }, [selectedMarket, ipCountry, mangoAccount, tradeForm])

  const isForceReduceOnly = useMemo(() => {
    if (!selectedMarket) return false
    return selectedMarket.reduceOnly || !!(isSanctioned && hasPosition)
  }, [selectedMarket, isSanctioned, hasPosition])

  useEffect(() => {
    if (isSanctioned) {
      set((state) => {
        state.tradeForm.reduceOnly = true
      })
      setSavedCheckboxSettings({
        ...savedCheckboxSettings,
        margin: false,
      })
    }
  }, [isSanctioned])

  /*
   * Updates the limit price on page load
   */
  useEffect(() => {
    if (tradeForm.price === undefined) {
      const group = mangoStore.getState().group
      if (!group || !oraclePrice) return

      set((s) => {
        s.tradeForm.price = oraclePrice.toFixed(tickDecimals)
      })
    }
  }, [oraclePrice, tickDecimals, tradeForm.price])

  /*
   * Updates the price and the quote size when a Market order is selected
   */
  useEffect(() => {
    const group = mangoStore.getState().group
    if (
      tradeForm.tradeType === 'Market' &&
      oraclePrice &&
      selectedMarket &&
      group
    ) {
      if (!isNaN(parseFloat(tradeForm.baseSize))) {
        const baseSize = new Decimal(tradeForm.baseSize)?.toNumber()
        const quoteSize = baseSize * oraclePrice
        set((s) => {
          s.tradeForm.price = oraclePrice.toFixed(tickDecimals)
          s.tradeForm.quoteSize = quoteSize.toFixed(tickDecimals)
        })
      } else {
        set((s) => {
          s.tradeForm.price = oraclePrice.toFixed(tickDecimals)
        })
      }
    }
  }, [oraclePrice, selectedMarket, tickDecimals, tradeForm])

  const isTriggerOrder = useMemo(() => {
    return (
      tradeForm.tradeType === TriggerOrderTypes.STOP_LOSS ||
      tradeForm.tradeType === TriggerOrderTypes.TAKE_PROFIT
    )
  }, [tradeForm.tradeType])

  // default to correct side for trigger orders
  useEffect(() => {
    if (isTriggerOrder) {
      const balance = getTokenBalance(baseBank)
      set((state) => {
        if (balance > 0) {
          state.tradeForm.side = 'sell'
        } else {
          state.tradeForm.side = 'buy'
        }
      })
    }
  }, [isTriggerOrder])

  // // set default trigger price
  useEffect(() => {
    if (isTriggerOrder) {
      let triggerPrice = oraclePrice
      if (tradeForm.tradeType === TriggerOrderTypes.STOP_LOSS) {
        if (tradeForm.side === 'buy') {
          triggerPrice = oraclePrice * 1.1
        } else {
          triggerPrice = oraclePrice * 0.9
        }
      } else {
        if (tradeForm.side === 'buy') {
          triggerPrice = oraclePrice * 0.9
        } else {
          triggerPrice = oraclePrice * 1.1
        }
      }
      set((state) => {
        state.tradeForm.price = floorToDecimal(
          triggerPrice,
          tickDecimals,
        ).toFixed()
      })
    }
  }, [isTriggerOrder, tickDecimals, tradeForm.side, tradeForm.tradeType])

  const isFormValid = useCallback(
    (form: TradeForm) => {
      const { baseSize, price, orderType, side } = form
      const invalidFields: FormErrors = {}
      setFormErrors({})
      const requiredFields: (keyof TradeForm)[] = ['baseSize', 'price']
      const priceNumber = price ? parseFloat(price) : 0
      const baseTokenBalance = getTokenBalance(baseBank)
      const isReducingShort = baseTokenBalance < 0
      for (const key of requiredFields) {
        const value = form[key] as string
        if (!value) {
          invalidFields[key] = t('settings:error-required-field')
        }
      }
      if (orderType === TriggerOrderTypes.STOP_LOSS) {
        if (isReducingShort && priceNumber <= oraclePrice) {
          invalidFields.price = t('trade:error-trigger-above')
        }
        if (!isReducingShort && priceNumber >= oraclePrice) {
          invalidFields.price = t('trade:error-trigger-below')
        }
      }
      if (orderType === TriggerOrderTypes.TAKE_PROFIT) {
        if (isReducingShort && priceNumber >= oraclePrice) {
          invalidFields.price = t('trade:error-trigger-below')
        }
        if (!isReducingShort && priceNumber <= oraclePrice) {
          invalidFields.price = t('trade:error-trigger-above')
        }
      }
      if (side === 'buy' && !isReducingShort && isTriggerOrder) {
        invalidFields.baseSize = t('trade:error-no-short')
      }
      if (side === 'sell' && isReducingShort && isTriggerOrder) {
        invalidFields.baseSize = t('trade:error-no-long')
      }
      if (baseSize > Math.abs(baseTokenBalance) && isTriggerOrder) {
        invalidFields.baseSize = t('swap:insufficient-balance', {
          symbol: baseBank?.name,
        })
      }

      if (baseSize < minOrderSize) {
        invalidFields.baseSize = t('trade:min-order-size-error', {
          minSize: formatNumericValue(minOrderSize, minOrderDecimals),
          symbol: baseSymbol,
        })
      }
      if (selectedMarket instanceof Serum3Market && price) {
        const numberPrice = parseFloat(price)
        const priceBand = selectedMarket.oraclePriceBand
        if (side === 'buy') {
          const priceLimit = (oraclePrice / (100 * (0.98 + priceBand))) * 100
          if (numberPrice < priceLimit) {
            invalidFields.price = t(
              'trade:error-limit-price-buy-outside-band',
              {
                limit: priceLimit.toFixed(tickDecimals),
              },
            )
          }
        } else {
          const priceLimit = (oraclePrice / (100 / (0.98 + priceBand))) * 100
          if (numberPrice > priceLimit) {
            invalidFields.price = t(
              'trade:error-limit-price-sell-outside-band',
              {
                limit: priceLimit.toFixed(tickDecimals),
              },
            )
          }
        }
      }
      if (Object.keys(invalidFields).length) {
        setFormErrors(invalidFields)
      }
      return invalidFields
    },
    [
      baseBank,
      isTriggerOrder,
      minOrderDecimals,
      minOrderSize,
      oraclePrice,
      selectedMarket,
      setFormErrors,
      baseSymbol,
      t,
      tickDecimals,
    ],
  )

  const handleStandardOrder = useCallback(async () => {
    const { client } = mangoStore.getState()
    const { group } = mangoStore.getState()
    const mangoAccount = mangoStore.getState().mangoAccount.current
    const { tradeForm } = mangoStore.getState()
    const { actions } = mangoStore.getState()
    const selectedMarket = mangoStore.getState().selectedMarket.current

    if (!group || !mangoAccount) return
    setPlacingOrder(true)
    try {
      const baseSize = Number(tradeForm.baseSize)
      let price = Number(tradeForm.price)
      if (tradeForm.tradeType === 'Market') {
        const orderbook = mangoStore.getState().selectedMarket.orderbook
        price = calculateLimitPriceForMarketOrder(
          orderbook,
          baseSize,
          tradeForm.side,
        )
      }
      const invalidFields = isFormValid({
        baseSize: baseSize,
        price: tradeForm.price,
        orderType: tradeForm.tradeType,
        side: tradeForm.side,
      })
      if (Object.keys(invalidFields).length) {
        return
      }
      if (selectedMarket instanceof Serum3Market) {
        const spotOrderType = tradeForm.ioc
          ? Serum3OrderType.immediateOrCancel
          : tradeForm.postOnly && tradeForm.tradeType !== 'Market'
          ? Serum3OrderType.postOnly
          : Serum3OrderType.limit
        const { signature: tx } = await client.serum3PlaceOrder(
          group,
          mangoAccount,
          selectedMarket.serumMarketExternal,
          tradeForm.side === 'buy' ? Serum3Side.bid : Serum3Side.ask,
          price,
          baseSize,
          Serum3SelfTradeBehavior.decrementTake,
          spotOrderType,
          Date.now(),
          10,
        )
        actions.fetchOpenOrders(true)
        set((s) => {
          s.successAnimation.trade = true
        })
        if (soundSettings['swap-success']) {
          successSound.play()
        }
        notify({
          type: 'success',
          title: 'Transaction successful',
          txid: tx,
        })
      } else if (selectedMarket instanceof PerpMarket) {
        const perpOrderType =
          tradeForm.tradeType === 'Market' || tradeForm.ioc
            ? PerpOrderType.immediateOrCancel
            : tradeForm.postOnly
            ? PerpOrderType.postOnly
            : PerpOrderType.limit

        let orderPrice = price
        if (tradeForm.tradeType === 'Market') {
          const maxSlippage = 0.025
          orderPrice =
            price *
            (tradeForm.side === 'buy' ? 1 + maxSlippage : 1 - maxSlippage)
        }

        const { signature: tx } = await client.perpPlaceOrder(
          group,
          mangoAccount,
          selectedMarket.perpMarketIndex,
          tradeForm.side === 'buy' ? PerpOrderSide.bid : PerpOrderSide.ask,
          orderPrice,
          Math.abs(baseSize),
          undefined, // maxQuoteQuantity
          Date.now(),
          perpOrderType,
          selectedMarket.reduceOnly || tradeForm.reduceOnly,
          undefined,
          undefined,
        )
        actions.fetchOpenOrders(true)
        set((s) => {
          s.successAnimation.trade = true
        })
        if (soundSettings['swap-success']) {
          successSound.play()
        }
        notify({
          type: 'success',
          title: 'Transaction successful',
          txid: tx,
        })
      }
    } catch (e) {
      console.error('Place trade error:', e)
      sentry.captureException(e)
      if (!isMangoError(e)) return
      notify({
        title: 'There was an issue.',
        description: e.message,
        txid: e?.txid,
        type: 'error',
      })
    } finally {
      setPlacingOrder(false)
    }
  }, [isFormValid, soundSettings])

  const handleTriggerOrder = useCallback(() => {
    const mangoAccount = mangoStore.getState().mangoAccount.current
    const { baseSize, price, side, tradeType } = mangoStore.getState().tradeForm
    const invalidFields = isFormValid({
      baseSize: parseFloat(baseSize),
      price: price,
      orderType: tradeType,
      side,
    })
    if (Object.keys(invalidFields).length) {
      return
    }
    if (!mangoAccount || !baseBank || !price) return
    const isReducingShort = mangoAccount.getTokenBalanceUi(baseBank) < 0
    const orderType = tradeType as TriggerOrderTypes
    handlePlaceTriggerOrder(
      baseBank,
      quoteBank,
      Number(baseSize),
      price,
      orderType,
      isReducingShort,
      false,
      setPlacingOrder,
    )
  }, [baseBank, quoteBank, setPlacingOrder, isFormValid])

  const handleSubmit = useCallback(
    (e: FormEvent<HTMLFormElement>) => {
      e.preventDefault()
      isTriggerOrder ? handleTriggerOrder() : handleStandardOrder()
    },
    [isTriggerOrder, handleTriggerOrder, handleStandardOrder],
  )

  const sideNames = useMemo(() => {
    return selectedMarket instanceof PerpMarket
      ? [t('trade:long'), t('trade:short')]
      : [t('buy'), t('sell')]
  }, [selectedMarket, t])

  const balanceBank = useMemo(() => {
    if (
      !selectedMarket ||
      selectedMarket instanceof PerpMarket ||
      !savedCheckboxSettings.margin ||
      isTriggerOrder
    )
      return
    if (tradeForm.side === 'buy') {
      return quoteBank
    } else {
      return baseBank
    }
  }, [
    baseBank,
    quoteBank,
    savedCheckboxSettings,
    selectedMarket,
    tradeForm.side,
    isTriggerOrder,
  ])

  // check if the borrowed amount exceeds the net borrow limit in the current period
  const borrowExceedsLimitInPeriod = useMemo(() => {
    if (!mangoAccount || !balanceBank || !remainingBorrowsInPeriod) return false
    const size =
      tradeForm.side === 'buy' ? tradeForm.quoteSize : tradeForm.baseSize
    const balance = mangoAccount.getTokenDepositsUi(balanceBank)
    const remainingBalance = balance - parseFloat(size)
    const borrowAmount = remainingBalance < 0 ? Math.abs(remainingBalance) : 0
    const borrowAmountNotional = borrowAmount * balanceBank.uiPrice
    return borrowAmountNotional > remainingBorrowsInPeriod
  }, [balanceBank, mangoAccount, remainingBorrowsInPeriod, tradeForm])

  const orderTypes = useMemo(() => {
    const orderTypesArray = Object.values(OrderTypes)
    if (
      !selectedMarket ||
      selectedMarket instanceof PerpMarket ||
      !mangoAccountAddress
    )
      return orderTypesArray
    const baseBalance = floorToDecimal(
      getTokenBalance(baseBank),
      minOrderDecimals,
    ).toNumber()
    const triggerOrderTypesArray = Object.values(TriggerOrderTypes)
    return Math.abs(baseBalance) > 0
      ? [...orderTypesArray, ...triggerOrderTypesArray]
      : orderTypesArray
  }, [baseBank, mangoAccountAddress, minOrderDecimals, selectedMarket])

  const tooMuchSize = useMemo(() => {
    const { baseSize, quoteSize, side } = tradeForm
    if (!baseSize || !quoteSize) return false
    const size = side === 'buy' ? new Decimal(quoteSize) : new Decimal(baseSize)
    const decimalMax =
      selectedMarket instanceof Serum3Market
        ? new Decimal(spotMax)
        : new Decimal(perpMax)
    return size.gt(decimalMax)
  }, [perpMax, selectedMarket, spotMax, tradeForm])

  const disabled =
    !serumOrPerpMarket ||
    !isMarketEnabled ||
    !mangoAccountAddress ||
    !parseFloat(tradeForm.baseSize)

  return (
    <div>
      <div className="mt-1.5 px-2 md:mt-0 md:px-4 md:pt-5 lg:mt-5 lg:pt-0">
        <TabUnderline
          activeValue={tradeForm.side}
          values={['buy', 'sell']}
          names={sideNames}
          onChange={(v) => handleSetSide(v as 'buy' | 'sell')}
          small
        />
      </div>
      <div className="px-3 md:px-4">
        <SolBalanceWarnings className="mt-4" />
      </div>
      <div className="mt-1 px-2 md:mt-3 md:px-4">
        <p className="mb-2 text-xs">{t('trade:order-type')}</p>
        {selectedMarket instanceof PerpMarket ? (
          <ButtonGroup
            activeValue={tradeForm.tradeType}
            onChange={(tab: OrderTypes | TriggerOrderTypes) =>
              setTradeType(tab)
            }
            values={orderTypes}
          />
        ) : (
          <Select
            value={t(tradeForm.tradeType)}
            onChange={(type: OrderTypes | TriggerOrderTypes) =>
              setTradeType(type)
            }
          >
            {orderTypes.map((type) => (
              <Select.Option key={type} value={type}>
                <div className="flex w-full items-center justify-between">
                  {t(type)}
                </div>
              </Select.Option>
            ))}
          </Select>
        )}
      </div>
      {tradeForm.tradeType === 'Market' &&
      selectedMarket instanceof Serum3Market ? (
        <SpotMarketOrderSwapForm />
      ) : (
        <>
          <form onSubmit={(e) => handleSubmit(e)} noValidate>
            <div className="mt-3 px-3 md:px-4">
              {tradeForm.tradeType === 'Limit' || isTriggerOrder ? (
                <>
                  <div className="mb-2 mt-3 flex items-center justify-between">
                    <p className="text-xs text-th-fgd-3">
                      {isTriggerOrder
                        ? t('trade:trigger-price')
                        : t('trade:limit-price')}
                    </p>
                    {tradeForm.price ? (
                      <TradePriceDifference
                        currentPrice={oraclePrice}
                        newPrice={parseFloat(tradeForm.price)}
                      />
                    ) : null}
                  </div>
                  <div className="relative">
                    {quoteLogoURI ? (
                      <div className={INPUT_PREFIX_CLASSNAMES}>
                        <Image
                          alt=""
                          width="20"
                          height="20"
                          src={quoteLogoURI}
                        />
                      </div>
                    ) : (
                      <div className={INPUT_PREFIX_CLASSNAMES}>
                        <QuestionMarkCircleIcon className="h-5 w-5 text-th-fgd-3" />
                      </div>
                    )}
                    <NumberFormat
                      inputMode="decimal"
                      thousandSeparator=","
                      allowNegative={false}
                      isNumericString={true}
                      decimalScale={tickDecimals}
                      name="price"
                      id="price"
                      className="flex w-full items-center rounded-md border border-th-input-border bg-th-input-bkg p-2 pl-9 font-mono text-sm font-bold text-th-fgd-1 focus:border-th-fgd-4 focus:outline-none md:hover:border-th-input-border-hover md:hover:focus-visible:border-th-fgd-4 lg:text-base"
                      placeholder="0.00"
                      value={tradeForm.price}
                      onValueChange={handlePriceChange}
                    />
                    <div className={INPUT_SUFFIX_CLASSNAMES}>{quoteSymbol}</div>
                  </div>
                  {formErrors.price ? (
                    <div className="mt-1">
                      <InlineNotification
                        type="error"
                        desc={formErrors.price}
                        hideBorder
                        hidePadding
                      />
                    </div>
                  ) : null}
                </>
              ) : null}
              <div className="mb-2 mt-3 flex items-center justify-between">
                <p className="text-xs text-th-fgd-3">{t('trade:size')}</p>
                {!isTriggerOrder ? (
                  <MaxSizeButton
                    minOrderDecimals={minOrderDecimals}
                    tickDecimals={tickDecimals}
                    useMargin={savedCheckboxSettings.margin}
                  />
                ) : (
                  <TriggerOrderMaxButton
                    minOrderDecimals={minOrderDecimals}
                    tickDecimals={tickDecimals}
                  />
                )}
              </div>
              <div className="flex flex-col">
                <div className="relative">
                  <NumberFormat
                    inputMode="decimal"
                    thousandSeparator=","
                    allowNegative={false}
                    isNumericString={true}
                    decimalScale={minOrderDecimals}
                    name="base"
                    id="base"
                    className="relative flex w-full items-center rounded-md rounded-b-none border border-th-input-border bg-th-input-bkg p-2 pl-9 font-mono text-sm font-bold text-th-fgd-1 focus:z-10 focus:border-th-fgd-4 focus:outline-none md:hover:z-10 md:hover:border-th-input-border-hover md:hover:focus:border-th-fgd-4 lg:text-base"
                    placeholder="0.00"
                    value={tradeForm.baseSize}
                    onValueChange={handleBaseSizeChange}
                  />
                  <div className={`z-10 ${INPUT_PREFIX_CLASSNAMES}`}>
                    <LogoWithFallback
                      alt=""
                      className="drop-shadow-md"
                      width={'24'}
                      height={'24'}
                      src={
                        baseLogoURI || `/icons/${baseSymbol?.toLowerCase()}.svg`
                      }
                      fallback={
                        <QuestionMarkCircleIcon
                          className={`h-5 w-5 text-th-fgd-3`}
                        />
                      }
                    />
                  </div>
                  <div className={`z-10 ${INPUT_SUFFIX_CLASSNAMES}`}>
                    {baseSymbol}
                  </div>
                </div>
                <div className="relative">
                  {quoteLogoURI ? (
                    <div className={INPUT_PREFIX_CLASSNAMES}>
                      <Image alt="" width="20" height="20" src={quoteLogoURI} />
                    </div>
                  ) : (
                    <div className={INPUT_PREFIX_CLASSNAMES}>
                      <QuestionMarkCircleIcon className="h-5 w-5 text-th-fgd-3" />
                    </div>
                  )}
                  <NumberFormat
                    inputMode="decimal"
                    thousandSeparator=","
                    allowNegative={false}
                    isNumericString={true}
                    decimalScale={tickDecimals}
                    name="quote"
                    id="quote"
                    className="-mt-[1px] flex w-full items-center rounded-md rounded-t-none border border-th-input-border bg-th-input-bkg p-2 pl-9 font-mono text-sm font-bold text-th-fgd-1 focus:border-th-fgd-4 focus:outline-none md:hover:border-th-input-border-hover md:hover:focus:border-th-fgd-4 lg:text-base"
                    placeholder="0.00"
                    value={tradeForm.quoteSize}
                    onValueChange={handleQuoteSizeChange}
                  />
                  <div className={INPUT_SUFFIX_CLASSNAMES}>{quoteSymbol}</div>
                </div>
                {formErrors.baseSize ? (
                  <div className="mt-1">
                    <InlineNotification
                      type="error"
                      desc={formErrors.baseSize}
                      hideBorder
                      hidePadding
                    />
                  </div>
                ) : null}
              </div>
            </div>
            <div className="mt-2 flex">
              {selectedMarket instanceof Serum3Market ? (
                tradeFormSizeUi === 'slider' ? (
                  <SpotSlider
                    minOrderDecimals={minOrderDecimals}
                    tickDecimals={tickDecimals}
                    step={spotMax / 100}
                    useMargin={savedCheckboxSettings.margin}
                    isTriggerOrder={isTriggerOrder}
                  />
                ) : (
                  <SpotButtonGroup
                    minOrderDecimals={minOrderDecimals}
                    tickDecimals={tickDecimals}
                    useMargin={savedCheckboxSettings.margin}
                    isTriggerOrder={isTriggerOrder}
                  />
                )
              ) : tradeFormSizeUi === 'slider' ? (
                <PerpSlider
                  minOrderDecimals={minOrderDecimals}
                  tickDecimals={tickDecimals}
                />
              ) : (
                <PerpButtonGroup
                  minOrderDecimals={minOrderDecimals}
                  tickDecimals={tickDecimals}
                />
              )}
            </div>
            <div className="flex flex-wrap px-5 md:flex-nowrap">
              {tradeForm.tradeType === 'Limit' ? (
                <div className="flex">
                  <div className="mr-3 mt-4" id="trade-step-six">
                    <Tooltip
                      className="hidden md:block"
                      delay={100}
                      placement="left"
                      content={t('trade:tooltip-post')}
                    >
                      <Checkbox
                        checked={tradeForm.postOnly}
                        onChange={(e) => handlePostOnlyChange(e.target.checked)}
                      >
                        {t('trade:post')}
                      </Checkbox>
                    </Tooltip>
                  </div>
                  <div className="mr-3 mt-4" id="trade-step-seven">
                    <Tooltip
                      className="hidden md:block"
                      delay={100}
                      placement="left"
                      content={t('trade:tooltip-ioc')}
                    >
                      <div className="flex items-center text-xs text-th-fgd-3">
                        <Checkbox
                          checked={tradeForm.ioc}
                          onChange={(e) => handleIocChange(e.target.checked)}
                        >
                          IOC
                        </Checkbox>
                      </div>
                    </Tooltip>
                  </div>
                </div>
              ) : null}
              {isTriggerOrder ? null : selectedMarket instanceof
                Serum3Market ? (
                <div className="mt-4" id="trade-step-eight">
                  <Tooltip
                    className="hidden md:block"
                    delay={100}
                    placement="left"
                    content={t('trade:tooltip-enable-margin')}
                  >
                    <Checkbox
                      checked={savedCheckboxSettings.margin}
                      disabled={isSanctioned}
                      onChange={handleSetMargin}
                    >
                      {t('trade:margin')}
                    </Checkbox>
                  </Tooltip>
                </div>
              ) : (
                <div className="mr-3 mt-4">
                  <Tooltip
                    className="hidden md:block"
                    delay={100}
                    placement="left"
                    content={
                      'Reduce will only decrease the size of an open position. This is often used for closing a position.'
                    }
                  >
                    <div className="flex items-center text-xs text-th-fgd-3">
                      <Checkbox
                        checked={
                          tradeForm.reduceOnly || isForceReduceOnly === true
                        }
                        onChange={(e) =>
                          handleReduceOnlyChange(e.target.checked)
                        }
                        disabled={isForceReduceOnly}
                      >
                        {t('trade:reduce-only')}
                      </Checkbox>
                    </div>
                  </Tooltip>
                </div>
              )}
            </div>
            <div className="mb-4 mt-6 flex px-3 md:px-4">
              <TradeformSubmitButton
                disabled={disabled}
                isForceReduceOnly={isForceReduceOnly}
                isSanctioned={isSanctioned}
                placingOrder={placingOrder}
                setShowCreateAccountModal={setShowCreateAccountModal}
                setShowDepositModal={setShowDepositModal}
                sideNames={sideNames}
                tooMuchSize={tooMuchSize}
                useMargin={savedCheckboxSettings.margin}
              />
            </div>
          </form>
          {tradeForm.tradeType === 'Market' &&
          selectedMarket instanceof PerpMarket ? (
            <div className="mb-4 px-4">
              <InlineNotification
                type="warning"
                desc={t('trade:price-expect')}
              />
            </div>
          ) : null}
          {perpSlotsFull && mangoAccountAddress ? (
            <div className="mb-4 px-4">
              <AccountSlotsFullNotification
                message={t('trade:error-perp-positions-full')}
              />
            </div>
          ) : null}
          {serumSlotsFull && mangoAccountAddress ? (
            <div className="mb-4 px-4">
              <AccountSlotsFullNotification
                message={t('trade:error-serum-positions-full')}
              />
            </div>
          ) : null}
          {tokenPositionsFull &&
          selectedMarket instanceof Serum3Market &&
          mangoAccountAddress ? (
            <div className="mb-4 px-4">
              <AccountSlotsFullNotification
                message={t('error-token-positions-full')}
              />
            </div>
          ) : null}
          {borrowExceedsLimitInPeriod &&
          remainingBorrowsInPeriod &&
          timeToNextPeriod ? (
            <div className="mb-4 px-4">
              <InlineNotification
                type="error"
                desc={t('error-borrow-exceeds-limit', {
                  remaining: formatCurrencyValue(remainingBorrowsInPeriod),
                  resetTime: dayjs().to(
                    dayjs().add(timeToNextPeriod, 'second'),
                  ),
                })}
              />
            </div>
          ) : null}
          {isSanctioned && hasPosition ? (
            <div className="mb-4 px-4">
              <InlineNotification
                type="error"
                desc={t('trade:error-sanctioned-reduce-only')}
              />
            </div>
          ) : null}
          {isTriggerOrder ? (
            <div className="mb-4 px-4">
              <InlineNotification
                desc={
                  <div>
                    <span className="mr-1">{t('swap:trigger-beta')}</span>
                    <Tooltip
                      content={
                        <ul className="ml-4 list-disc space-y-2">
                          <li>
                            Trigger orders on long-tail assets could be
                            susceptible to oracle manipulation.
                          </li>
                          <li>
                            Trigger orders rely on a sufficient amount of well
                            collateralized liquidators.
                          </li>
                          <li>
                            The slippage on existing orders could be
                            higher/lower than what&apos;s estimated.
                          </li>
                          <li>
                            The amount of tokens used to fill your order can
                            vary and depends on the final execution price.
                          </li>
                        </ul>
                      }
                    >
                      <span className="tooltip-underline whitespace-nowrap">
                        {t('swap:important-info')}
                      </span>
                    </Tooltip>
                  </div>
                }
                type="info"
              />
            </div>
          ) : null}
          <TradeSummary balanceBank={balanceBank} mangoAccount={mangoAccount} />
        </>
      )}
      {showDepositModal ? (
        <DepositWithdrawModal
          action="deposit"
          isOpen={showDepositModal}
          onClose={() => setShowDepositModal(false)}
          token={
            selectedMarket instanceof Serum3Market
              ? tradeForm.side === 'buy'
                ? quoteBank?.name
                : baseBank?.name
              : 'USDC'
          }
        />
      ) : null}
      {showCreateAccountModal ? (
        <CreateAccountModal
          isOpen={showCreateAccountModal}
          onClose={() => setShowCreateAccountModal(false)}
        />
      ) : null}
    </div>
  )
}

export default AdvancedTradeForm