@1delta/margin-fetcher 0.0.322 → 0.0.323

package/dist/index.js

@@ -19013,7 +19013,15 @@ function normalizeAaveV4(spokeDataList, chainId, spokeLenderKeyArg, prices, addi
       const hubTotalOwed = toTokenNumber(hubTotalOwedRaw, hubDecimals);
       const hubDepositsUSD = hubTotalSupply * price2;
       const hubBorrowsUSD = hubTotalOwed * price2;
-      const hubUtilization = hubTotalSupply > 0 ? hubTotalOwed / hubTotalSupply : 0;
+      const drawnRaw = (reserve.hubAsset.drawnShares ?? 0n) * (reserve.hubAsset.drawnIndex ?? 0n) / RAY_BIGINT;
+      const irmDenominatorRaw = (reserve.hubAsset.liquidity ?? 0n) + drawnRaw + (reserve.hubAsset.swept ?? 0n);
+      let irmTotalDebt = toTokenNumber(drawnRaw, hubDecimals);
+      let irmTotalDeposits = toTokenNumber(irmDenominatorRaw, hubDecimals);
+      if (drawnRaw === 0n && hubTotalOwed > 0) {
+        irmTotalDebt = hubTotalOwed;
+        irmTotalDeposits = hubTotalSupply;
+      }
+      const hubUtilization = irmTotalDeposits > 0 ? irmTotalDebt / irmTotalDeposits : 0;
       const feeRate = reserve.hubAsset.liquidityFee ? reserve.hubAsset.liquidityFee / BPS : 0;
       const depositRate = variableBorrowRate * hubUtilization * (1 - feeRate);
       const collateralRiskBps = reserve.config.collateralRisk || reserve.reserve.collateralRisk || 0;
@@ -19095,6 +19103,10 @@ function normalizeAaveV4(spokeDataList, chainId, spokeLenderKeyArg, prices, addi
         variableBorrowRate,
         stableBorrowRate: 0,
         utilization: hubUtilization,
+        // Totals in the hub IRM's own utilization basis — rate-impact
+        // simulations must shift these, not the spoke-local totals.
+        irmTotalDeposits,
+        irmTotalDebt,
         intrinsicYield: additionalYields?.intrinsicYields?.[oracleKey] ?? 0,
         rewards: [],
         decimals,
@@ -20013,6 +20025,10 @@ function parseVault(vault, chainId, prices, additionalYields, tokenList, liquidi
   const borrowRate = scaleFluidRate(rates.borrowRateVault);
   const collateralLiquidity = liquidityByToken[collateralAddress];
   const loanLiquidity = liquidityByToken[loanAddress];
+  const irmTotals = (state, decimals) => state ? {
+    irmTotalDeposits: Number(parseRawAmount(state.totalSupply, decimals)),
+    irmTotalDebt: Number(parseRawAmount(state.totalBorrow, decimals))
+  } : {};
   const data = {};
   const collateralMarketUid = createMarketUid(
     chainId,
@@ -20038,6 +20054,7 @@ function parseVault(vault, chainId, prices, additionalYields, tokenList, liquidi
     // IRM x-coordinate: the collateral token's Liquidity-layer utilization —
     // it drives the supply rate (borrowRate × utilization × (1 - fee)).
     utilization: collateralLiquidity?.utilization ?? 0,
+    ...irmTotals(collateralLiquidity, colDecimals),
     // Share of this vault's collateral currently locked below the LL
     // withdrawal limit (withdrawLimit / totalSupplyVault).
     lockupRatio,
@@ -20089,6 +20106,7 @@ function parseVault(vault, chainId, prices, additionalYields, tokenList, liquidi
     // IRM x-coordinate: the loan token's Liquidity-layer utilization — the
     // exact input the current borrow rate was computed from.
     utilization: loanLiquidity?.utilization ?? 0,
+    ...irmTotals(loanLiquidity, borrowDecimals),
     depositRate: 0,
     variableBorrowRate: borrowRate,
     stableBorrowRate: 0,
@@ -20413,10 +20431,17 @@ var getGearboxV3PublicDataConverter = (_lender, chainId, prices, additionalYield
             underlyingDecimals
           )
         );
-        const poolTotalBorrowed = Number(
-          parseRawAmount(pool.totalBorrowed?.toString(), underlyingDecimals)
+        const poolAvailableLiquidity = Number(
+          parseRawAmount(
+            pool.availableLiquidity?.toString(),
+            underlyingDecimals
+          )
+        );
+        const poolIrmDebt = Math.max(
+          poolExpectedLiquidity - poolAvailableLiquidity,
+          0
         );
-        const poolUtilization = poolExpectedLiquidity > 0 ? poolTotalBorrowed / poolExpectedLiquidity : 0;
+        const poolUtilization = poolExpectedLiquidity > 0 ? poolIrmDebt / poolExpectedLiquidity : 0;
         for (const cm of m.creditManagers ?? []) {
           const facade = cm?.creditFacade;
           const manager = cm?.creditManager;
@@ -20468,6 +20493,10 @@ var getGearboxV3PublicDataConverter = (_lender, chainId, prices, additionalYield
             totalLiquidityUSD: availableToBorrow * underlyingPrice,
             borrowLiquidityUSD: availableToBorrow * underlyingPrice,
             utilization: poolUtilization,
+            // Pool-level totals — the basis the IRM's utilization is defined
+            // over (shared across all credit managers on this pool).
+            irmTotalDeposits: poolExpectedLiquidity,
+            irmTotalDebt: poolIrmDebt,
             depositRate: supplyRate,
             variableBorrowRate: borrowRate,
             stableBorrowRate: 0,