Users can request token swaps to happen when the oracle price
is within a price band. Once the price is right, an executor can
trigger the swap. The executors are rewarded with a premium
over the oracle price.
This allows limit and stop loss orders on arbitrary spot pairs.
The PR comes with basic ts support and adjustments to the liquidator,
to execute available token conditional swaps.
Co-authored-by: microwavedcola1 <microwavedcola@gmail.com>
* these accrue to the ui now
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
---------
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
This changes perp market margining to no longer assume all pnl is in USD
while settlement is in USDC. Instead, a configurable settle token is used for
pnl and settlement, defaulting to USDC.
There is no difference while the USDC price is forced to $1 and the init and liab
weights are 1. But with this patch, it becomes possible to change that.
For now it is not recommended to use a token other than USDC or USDT (or
another USD targeting stable token) for perp settlement.
The patch also updates all insurance vault use to be aware that the insurance
fund is not in USD but in USDC and apply the USDC price before payouts.
To do this, the previous PerpLiqNegativePnlOrBankruptcy was replaced by
a new PerpLiqNegativePnlOrBankruptcyV2 instruction.
Co-authored-by: microwavedcola1 <89031858+microwavedcola1@users.noreply.github.com>
* Fix script
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fix docs build job (#501)
* workaround where rpc rejects base58 encoded pubkeys (#502)
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Rename settle-bot to settler, fix build (#492)
* Fix settler build, rename due to heroku not liking '-'
* Temporarily remove ref tag
* Remove temporary branch trigger
* Add oracleProvider to Bank and PerpMarket (#491)
* Add oracleProvider to Bank and PerpMarket
* v0.9.6
* Fix null checks on getters for PerpMarket and Bank (#505)
* Export OracleProvider
* Fix null checks on getters
* token_liq_bankruptcy: Use oracle for valuing insurance fund tokens (#503)
Previously a token from the insurance fund was valued at 1 USD. Now it
uses the oracle associated with it (USDC oracle).
* v0.9.7
* ts: Fix ix gate enum, add code for creating a disable-tx gov ix
* Fee buyback: Respect USDC oracle (#504)
* refactor script (#509)
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* IxGateSet: Log AccountBuybackFeesWithMngo state
* TokenRegister: Sanity checks on token_index
* Allow token/market names to fill storage bytes completely
Previously the last byte was always zero.
* HealthRegion: Whitelist allowed instruction types (#508)
This fixes a security issue where bankruptcy related instructions could
be called inside a health region. Now health regions are limited to
compute optimization like when placing multiple orders in one
transaction.
This limitation also makes it impossible to abuse health regions for
flash loans. Use the FlashLoan instructions for that purpose.
* Add fly deploy scripts (#490)
* Bump program version to v0.10.0
* liquidator docs (#512)
* liquidator docs
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* update
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* update
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
---------
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Quality of life fixes (#511)
* breaking: make pegLimit an optional arg
* pass externally cached blockhashes to sendTransaction
* convenience accessors for connection & walletPk on client
* add script to sim accounts with leverage change (#514)
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fix bug: only account for borrows we are offsetting (#513)
* Fix bug: only account for borrows we are offsetting
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* fix
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Bank: Unittest for net borrow limits
---------
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Co-authored-by: Christian Kamm <mail@ckamm.de>
* extend script, fix util function
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fix interest rate computation in client (#520)
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* minor ts fixes
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Temporarily disable health region use on mm script (#507)
* Use new shared mango-feeds-connector crate for chain_data (#515)
* Add prometheus metrics to crank (#517)
* Add prometheus metrics to keeper
* update script
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* fix bug where unrealised profit was not abs'ed
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fix script
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* update script
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* in perp settle fees, dont error, rather return early, this enables blindly concatenating perp settle fees to perp settle pnl (#526)
* in perp settle fees, dont error, rather return early
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
---------
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* update script
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Net borrow limits: Use correct price for check (#527)
* Changelog for program-v0.10.0 and idl update
* script for grabbing logs
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Perp funding: Fix logging in update funding + deactivate pos (#528)
* update
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fix test
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* sync rate params to latest proposal (#523)
* sync rate params to latest proposal
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
---------
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Limit funding and interest accrual during downtimes (#529)
Previously, if the funding or interest updating instruction wasn't
called for a long time (like for a solana downtime or the security
council halting the program), the next update would apply funding or
interest for the whole time interval since the last update.
This could lead to a bad downtime situation becoming worse. Instead,
limit the maximum funding and interest time interval to one hour.
* Changelog for program-v0.11.0, bump version, update idl
* Don't reload openorders if there's no active markets
* update
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* reorg
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Emit perp fees settled on update_funding. Required to have a full picture of total perp market fees. (#530)
---------
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Co-authored-by: microwavedcola1 <microwavedcola@gmail.com>
Co-authored-by: microwavedcola1 <89031858+microwavedcola1@users.noreply.github.com>
Co-authored-by: Christian Kamm <mail@ckamm.de>
Co-authored-by: Maximilian Schneider <mail@maximilianschneider.net>
Co-authored-by: tlrsssss <tjshipe@gmail.com>
Co-authored-by: Nicholas Clarke <nicholasgclarke@gmail.com>
* ts client for max buyback of fees with mngo
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
---------
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* ts: add function on perp position to get notional value
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
---------
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* fix bug with marking perp orders as expired
* support passing in perp books to find mango account orders
* support force reloading of acct perp open orders
* make perp market _bids and _asks public
* dont fetch open order accts if no serum3active
Due to the safety features in v4, the init health can differ from maint
health a lot more than it used to in v3. This is because of stable-price
adjusted oracle prices used in init health, and the weight scaling based
on total deposits and borrows used in init health.
The effect is that once an account becomes liquidatable, it could be
liquidated a lot until it reaches init>=0.
The original idea of liquidating until init>=0 was just to provide some
buffer, such that liquidated accounts wouldn't immediately become
liquidatable again.
This patch decouples the buffer idea explicit from init health by
creating a new LiquidationEnd health type. Liquidation proceeds until
the LiquidationEnd health becomes positive.
Co-authored-by: microwavedcola1 <89031858+microwavedcola1@users.noreply.github.com>
This includes trade pnl, funding and fees. Tracking this makes it easier
for uis to display a consistent position overall pnl value that doesn't
decrease by settling.
Co-authored-by: microwavedcola1 <microwavedcola@gmail.com>
* Client: Rework max_swap function
Determining the amounts at which the health function changes slope
becomes too difficult when serum3 open orders come in.
Instead, generally find the function's maximum and then work with that.
* max_swap: Add test for swapping into a trustless token
* ts port
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Co-authored-by: microwavedcola1 <microwavedcola@gmail.com>
* ts: use price factor in maxSourceForSwap
ts: max perp bid and ask
ts: mocha test for max swap
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* ts: comemnt
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* ts: fix getMaxQuoteForSerum3BidUi and getMaxBaseForSerum3AskUi where the zero amount was not tight enough for binary search
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* ts: fix getMaxQuoteForSerum3BidUi and getMaxBaseForSerum3AskUi where the zero amount was not tight enough for binary search
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
* get bids and asks for a user on a serum3 market
* get orderbook for a market
* get max bid or ask that a user can place for a market
* simulate health if a bid or ask were to be placed
misc:
* fix remaining accounts list for health when placing perp bids
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
format
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
format
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
remove testing code
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Fixes from review
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
script adjustment
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
comments
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
Signed-off-by: microwavedcola1 <microwavedcola@gmail.com>
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