@defisaver/positions-sdk 2.0.9--dev → 2.0.10-dev-linea-1

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Files changed (104) hide show
  1. package/.mocharc.json +4 -4
  2. package/.nvmrc +1 -1
  3. package/README.md +64 -64
  4. package/cjs/aaveV3/index.js +1 -1
  5. package/cjs/config/contracts.d.ts +194 -33
  6. package/cjs/config/contracts.js +18 -1
  7. package/cjs/contracts.d.ts +1283 -293
  8. package/cjs/helpers/morphoBlueHelpers/index.js +66 -66
  9. package/cjs/markets/aave/index.js +1 -1
  10. package/cjs/markets/aave/marketAssets.d.ts +4 -0
  11. package/cjs/markets/aave/marketAssets.js +5 -1
  12. package/cjs/markets/compound/index.js +11 -0
  13. package/cjs/markets/compound/marketsAssets.d.ts +7 -0
  14. package/cjs/markets/compound/marketsAssets.js +7 -0
  15. package/cjs/markets/spark/marketAssets.d.ts +1 -0
  16. package/cjs/markets/spark/marketAssets.js +1 -0
  17. package/cjs/portfolio/index.js +2 -2
  18. package/cjs/services/viem.d.ts +46 -0
  19. package/cjs/services/viem.js +2 -0
  20. package/cjs/types/common.d.ts +2 -1
  21. package/cjs/types/common.js +1 -0
  22. package/esm/aaveV3/index.js +1 -1
  23. package/esm/config/contracts.d.ts +194 -33
  24. package/esm/config/contracts.js +18 -1
  25. package/esm/contracts.d.ts +1283 -293
  26. package/esm/helpers/morphoBlueHelpers/index.js +66 -66
  27. package/esm/markets/aave/index.js +1 -1
  28. package/esm/markets/aave/marketAssets.d.ts +4 -0
  29. package/esm/markets/aave/marketAssets.js +4 -0
  30. package/esm/markets/compound/index.js +11 -0
  31. package/esm/markets/compound/marketsAssets.d.ts +7 -0
  32. package/esm/markets/compound/marketsAssets.js +7 -0
  33. package/esm/markets/spark/marketAssets.d.ts +1 -0
  34. package/esm/markets/spark/marketAssets.js +1 -0
  35. package/esm/portfolio/index.js +2 -2
  36. package/esm/services/viem.d.ts +46 -0
  37. package/esm/services/viem.js +3 -1
  38. package/esm/types/common.d.ts +2 -1
  39. package/esm/types/common.js +1 -0
  40. package/package.json +47 -47
  41. package/src/aaveV2/index.ts +236 -236
  42. package/src/aaveV3/index.ts +489 -489
  43. package/src/compoundV2/index.ts +240 -240
  44. package/src/compoundV3/index.ts +270 -270
  45. package/src/config/contracts.ts +1107 -1090
  46. package/src/constants/index.ts +6 -6
  47. package/src/contracts.ts +107 -107
  48. package/src/curveUsd/index.ts +250 -250
  49. package/src/eulerV2/index.ts +314 -314
  50. package/src/exchange/index.ts +25 -25
  51. package/src/fluid/index.ts +1568 -1568
  52. package/src/helpers/aaveHelpers/index.ts +170 -170
  53. package/src/helpers/compoundHelpers/index.ts +261 -261
  54. package/src/helpers/curveUsdHelpers/index.ts +40 -40
  55. package/src/helpers/eulerHelpers/index.ts +259 -259
  56. package/src/helpers/fluidHelpers/index.ts +324 -324
  57. package/src/helpers/index.ts +10 -10
  58. package/src/helpers/liquityV2Helpers/index.ts +80 -80
  59. package/src/helpers/llamaLendHelpers/index.ts +53 -53
  60. package/src/helpers/makerHelpers/index.ts +52 -52
  61. package/src/helpers/morphoBlueHelpers/index.ts +390 -390
  62. package/src/helpers/sparkHelpers/index.ts +155 -155
  63. package/src/index.ts +45 -45
  64. package/src/liquity/index.ts +104 -104
  65. package/src/liquityV2/index.ts +408 -408
  66. package/src/llamaLend/index.ts +296 -296
  67. package/src/maker/index.ts +223 -223
  68. package/src/markets/aave/index.ts +116 -116
  69. package/src/markets/aave/marketAssets.ts +49 -44
  70. package/src/markets/compound/index.ts +227 -216
  71. package/src/markets/compound/marketsAssets.ts +90 -83
  72. package/src/markets/curveUsd/index.ts +69 -69
  73. package/src/markets/euler/index.ts +26 -26
  74. package/src/markets/fluid/index.ts +2456 -2456
  75. package/src/markets/index.ts +25 -25
  76. package/src/markets/liquityV2/index.ts +102 -102
  77. package/src/markets/llamaLend/contractAddresses.ts +141 -141
  78. package/src/markets/llamaLend/index.ts +235 -235
  79. package/src/markets/morphoBlue/index.ts +895 -895
  80. package/src/markets/spark/index.ts +29 -29
  81. package/src/markets/spark/marketAssets.ts +11 -10
  82. package/src/moneymarket/moneymarketCommonService.ts +80 -80
  83. package/src/morphoBlue/index.ts +222 -222
  84. package/src/portfolio/index.ts +285 -285
  85. package/src/services/priceService.ts +159 -159
  86. package/src/services/utils.ts +63 -63
  87. package/src/services/viem.ts +32 -30
  88. package/src/setup.ts +8 -8
  89. package/src/spark/index.ts +456 -456
  90. package/src/staking/staking.ts +192 -192
  91. package/src/types/aave.ts +194 -194
  92. package/src/types/common.ts +88 -87
  93. package/src/types/compound.ts +136 -136
  94. package/src/types/curveUsd.ts +121 -121
  95. package/src/types/euler.ts +174 -174
  96. package/src/types/fluid.ts +450 -450
  97. package/src/types/index.ts +11 -11
  98. package/src/types/liquity.ts +30 -30
  99. package/src/types/liquityV2.ts +126 -126
  100. package/src/types/llamaLend.ts +157 -157
  101. package/src/types/maker.ts +63 -63
  102. package/src/types/morphoBlue.ts +194 -194
  103. package/src/types/portfolio.ts +60 -60
  104. package/src/types/spark.ts +137 -137
@@ -1,391 +1,391 @@
1
- import Dec from 'decimal.js';
2
- import { assetAmountInWei, getAssetInfo, getAssetInfoByAddress } from '@defisaver/tokens';
3
- import {
4
- aprToApy, calcLeverageLiqPrice, getAssetsTotal, isLeveragedPos,
5
- } from '../../moneymarket';
6
- import { calculateNetApy } from '../../staking';
7
- import {
8
- EthereumProvider, MMAssetsData, MMUsedAssets, NetworkNumber,
9
- } from '../../types/common';
10
- import {
11
- MorphoBlueAggregatedPositionData, MorphoBlueAssetsData, MorphoBlueMarketData, MorphoBlueMarketInfo,
12
- MorphoBluePublicAllocatorItem,
13
- MorphoBlueRealloactionMarketData,
14
- } from '../../types';
15
- import { borrowOperations, SECONDS_PER_YEAR, WAD } from '../../constants';
16
- import { MorphoBlueViewContractViem } from '../../contracts';
17
- import { compareAddresses, DEFAULT_TIMEOUT } from '../../services/utils';
18
- import { getViemProvider } from '../../services/viem';
19
-
20
- export const getMorphoBlueAggregatedPositionData = ({ usedAssets, assetsData, marketInfo }: { usedAssets: MMUsedAssets, assetsData: MorphoBlueAssetsData, marketInfo: MorphoBlueMarketInfo }): MorphoBlueAggregatedPositionData => {
21
- const payload = {} as MorphoBlueAggregatedPositionData;
22
- payload.suppliedUsd = getAssetsTotal(usedAssets, ({ isSupplied }: { isSupplied: boolean }) => isSupplied, ({ suppliedUsd }: { suppliedUsd: string }) => suppliedUsd);
23
- payload.suppliedCollateralUsd = getAssetsTotal(usedAssets, ({ isSupplied, collateral }: { isSupplied: boolean, collateral: string }) => isSupplied && collateral, ({ suppliedUsd }: { suppliedUsd: string }) => suppliedUsd);
24
- payload.borrowedUsd = getAssetsTotal(usedAssets, ({ isBorrowed }: { isBorrowed: boolean }) => isBorrowed, ({ borrowedUsd }: { borrowedUsd: string }) => borrowedUsd);
25
-
26
- const {
27
- lltv, oracle, collateralToken, loanToken,
28
- } = marketInfo;
29
-
30
- payload.borrowLimitUsd = getAssetsTotal(
31
- usedAssets,
32
- ({ isSupplied, collateral }: { isSupplied: boolean, collateral: string }) => isSupplied && collateral,
33
- ({ symbol, suppliedUsd }: { symbol: string, suppliedUsd: string }) => {
34
- const suppliedUsdAmount = suppliedUsd;
35
-
36
- return new Dec(suppliedUsdAmount).mul(lltv);
37
- },
38
- );
39
- payload.liquidationLimitUsd = payload.borrowLimitUsd;
40
- const leftToBorrowUsd = new Dec(payload.borrowLimitUsd).sub(payload.borrowedUsd);
41
- payload.leftToBorrowUsd = leftToBorrowUsd.lte('0') ? '0' : leftToBorrowUsd.toString();
42
-
43
- payload.leftToBorrow = new Dec(usedAssets[collateralToken]?.supplied || 0).mul(oracle).mul(lltv).sub(usedAssets[loanToken]?.borrowed || 0)
44
- .toString();
45
-
46
- const { netApy, incentiveUsd, totalInterestUsd } = calculateNetApy({ usedAssets, assetsData: assetsData as unknown as MMAssetsData });
47
- payload.netApy = netApy;
48
- payload.incentiveUsd = incentiveUsd;
49
- payload.totalInterestUsd = totalInterestUsd;
50
-
51
- payload.ltv = new Dec(payload.borrowedUsd).div(payload.suppliedCollateralUsd).toString();
52
- payload.ltv = new Dec(usedAssets[loanToken]?.borrowed || 0).div(oracle).div(usedAssets[collateralToken]?.supplied || 1).toString(); // default to 1 because can't div 0
53
- payload.ratio = new Dec(usedAssets[collateralToken]?.supplied || 0).mul(oracle).div(usedAssets[loanToken]?.borrowed || 1).mul(100)
54
- .toString();
55
-
56
- const { leveragedType, leveragedAsset } = isLeveragedPos(usedAssets);
57
- payload.leveragedType = leveragedType;
58
- if (leveragedType !== '') {
59
- payload.leveragedAsset = leveragedAsset;
60
- let assetPrice = assetsData[leveragedAsset].price;
61
- if (leveragedType === 'lsd-leverage') {
62
- // Treat ETH like a stablecoin in a long stETH position
63
- payload.leveragedLsdAssetRatio = new Dec(assetsData[leveragedAsset].price).div(assetsData.ETH.price).toDP(18).toString();
64
- assetPrice = new Dec(assetPrice).div(assetsData.ETH.price).toString();
65
- }
66
- payload.liquidationPrice = calcLeverageLiqPrice(leveragedType, assetPrice, payload.borrowedUsd, payload.liquidationLimitUsd);
67
- }
68
- payload.minCollRatio = new Dec(payload.suppliedCollateralUsd).div(payload.borrowLimitUsd).mul(100).toString();
69
- payload.collLiquidationRatio = new Dec(payload.suppliedCollateralUsd).div(payload.liquidationLimitUsd).mul(100).toString();
70
-
71
- return payload;
72
- };
73
-
74
- const compound = (ratePerSeconds: string) => {
75
- const compounding = new Dec(ratePerSeconds).mul(SECONDS_PER_YEAR).toString();
76
- const apyNumber = Math.expm1(new Dec(compounding).div(WAD).toNumber());
77
- return new Dec(apyNumber).mul(WAD).floor().toString();
78
- };
79
-
80
- export const getSupplyRate = (totalSupplyAssets: string, totalBorrowAssets: string, borrowRate: string, fee: string) => {
81
- if (totalBorrowAssets === '0' || totalSupplyAssets === '0') {
82
- return '0';
83
- }
84
- const utillization = new Dec(totalBorrowAssets).mul(WAD).div(totalSupplyAssets).ceil()
85
- .toString();
86
- const supplyRate = new Dec(utillization).mul(borrowRate).div(WAD).ceil()
87
- .toString();
88
- const ratePerSecond = new Dec(supplyRate).mul(new Dec(WAD).minus(fee)).div(WAD).ceil()
89
- .toString();
90
- return new Dec(compound(ratePerSecond)).div(1e18).mul(100).toString();
91
- };
92
-
93
- export const getBorrowRate = (borrowRate: string, totalBorrowShares: string) => {
94
- if (totalBorrowShares === '0') {
95
- return '0';
96
- }
97
- return new Dec(compound(borrowRate)).div(1e18).mul(100).toString();
98
- };
99
-
100
- export const getApyAfterValuesEstimation = async (selectedMarket: MorphoBlueMarketData, actions: { action: string, amount: string, asset: string }[], provider: EthereumProvider, network: NetworkNumber) => {
101
- const client = getViemProvider(provider, network);
102
- const morphoBlueViewContract = MorphoBlueViewContractViem(client, network);
103
- const lltvInWei = assetAmountInWei(selectedMarket.lltv, 'ETH');
104
- const marketData = {
105
- loanToken: selectedMarket.loanToken,
106
- collateralToken: selectedMarket.collateralToken,
107
- oracle: selectedMarket.oracle,
108
- irm: selectedMarket.irm,
109
- lltv: BigInt(lltvInWei),
110
- };
111
-
112
- const params = actions.map(({ action, asset, amount }) => {
113
- const isBorrowOperation = borrowOperations.includes(action);
114
- const amountInWei = assetAmountInWei(amount, asset);
115
- let liquidityAdded;
116
- let liquidityRemoved;
117
- if (isBorrowOperation) {
118
- liquidityAdded = action === 'payback' ? amountInWei : '0';
119
- liquidityRemoved = action === 'borrow' ? amountInWei : '0';
120
- } else {
121
- liquidityAdded = action === 'collateral' ? amountInWei : '0';
122
- liquidityRemoved = action === 'withdraw' ? amountInWei : '0';
123
- }
124
- return {
125
- liquidityAdded: BigInt(liquidityAdded),
126
- liquidityRemoved: BigInt(liquidityRemoved),
127
- isBorrowOperation,
128
- };
129
- });
130
- const data = await morphoBlueViewContract.read.getApyAfterValuesEstimation([
131
- marketData,
132
- params,
133
- ]);
134
- const borrowRate = getBorrowRate(data[0].toString(), data[1].totalBorrowShares.toString());
135
- const supplyRate = getSupplyRate(data[1].totalSupplyAssets.toString(), data[1].totalBorrowAssets.toString(), data[0].toString(), data[1].fee.toString());
136
- return { borrowRate, supplyRate };
137
- };
138
-
139
- const API_URL = 'https://blue-api.morpho.org/graphql';
140
- const MARKET_QUERY = `
141
- query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
142
- marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
143
- reallocatableLiquidityAssets
144
- targetBorrowUtilization
145
- loanAsset {
146
- address
147
- decimals
148
- priceUsd
149
- }
150
- state {
151
- liquidityAssets
152
- borrowAssets
153
- supplyAssets
154
- }
155
- publicAllocatorSharedLiquidity {
156
- assets
157
- vault {
158
- address
159
- name
160
- }
161
- allocationMarket {
162
- uniqueKey
163
- loanAsset {
164
- address
165
- }
166
- collateralAsset {
167
- address
168
- }
169
- irmAddress
170
- oracle {
171
- address
172
- }
173
- lltv
174
- }
175
- }
176
- loanAsset {
177
- address
178
- }
179
- collateralAsset {
180
- address
181
- }
182
- oracle {
183
- address
184
- }
185
- irmAddress
186
- lltv
187
- }
188
- }
189
- `;
190
-
191
- const REWARDS_QUERY = `
192
- query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
193
- marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
194
- uniqueKey
195
- state {
196
- rewards {
197
- amountPerSuppliedToken
198
- supplyApr
199
- amountPerBorrowedToken
200
- borrowApr
201
- asset {
202
- address
203
- }
204
- }
205
- }
206
- }
207
- }
208
- `;
209
-
210
- /**
211
- * Get reallocatable liquidity to a given market and target borrow utilization
212
- * @param marketId - Unique key of the market liquidity is reallocated to
213
- * @param network - The network number
214
- * @returns The reallocatable liquidity and target borrow utilization
215
- */
216
- export const getReallocatableLiquidity = async (marketId: string, network: NetworkNumber = NetworkNumber.Eth): Promise<{ reallocatableLiquidity: string, targetBorrowUtilization: string }> => {
217
- try {
218
- const response = await fetch(API_URL, {
219
- method: 'POST',
220
- headers: { 'Content-Type': 'application/json' },
221
- body: JSON.stringify({
222
- query: MARKET_QUERY,
223
- variables: { uniqueKey: marketId, chainId: network },
224
- }),
225
- signal: AbortSignal.timeout(DEFAULT_TIMEOUT),
226
- });
227
-
228
- const data: { data: { marketByUniqueKey: MorphoBlueRealloactionMarketData } } = await response.json();
229
- const marketData: MorphoBlueRealloactionMarketData = data?.data?.marketByUniqueKey;
230
-
231
- if (!marketData) throw new Error('Market data not found');
232
-
233
- return {
234
- reallocatableLiquidity: marketData.reallocatableLiquidityAssets,
235
- targetBorrowUtilization: marketData.targetBorrowUtilization,
236
- };
237
- } catch (error) {
238
- console.error('External API Failure: Morpho blue reallocatable liquidity', error);
239
- throw new Error('Failed to fetch reallocatable liquidity');
240
- }
241
- };
242
-
243
- /**
244
- * Get liquidity to allocate for a given amount to borrow.
245
- * First, the function will try to calculate the amount of liquidity to allocate to be able to
246
- * hit the target utilization. If it is not possible to allocate enough liquidity to hit the
247
- * target utilization, the function will allocate the amount of liquidity needed to be able to
248
- * borrow the selected amount.
249
- * @param amountToBorrow - The amount to borrow
250
- * @param totalBorrow - The total amount borrowed from market
251
- * @param totalSupply - The total amount supplied to market
252
- * @param targetBorrowUtilization - The target borrow utilization of market
253
- * @param reallocatableLiquidityAssets - The amount of liquidity that can be reallocated from other markets
254
- * @returns The amount of liquidity to allocate
255
- */
256
- export const getLiquidityToAllocate = (amountToBorrow: string, totalBorrow: string, totalSupply: string, targetBorrowUtilization: string, reallocatableLiquidityAssets: string) => {
257
- const newTotalBorrowAssets = new Dec(totalBorrow).add(amountToBorrow).toString();
258
- const leftToBorrow = new Dec(totalSupply).sub(totalBorrow).toString();
259
- let liquidityToAllocate = new Dec(newTotalBorrowAssets).div(targetBorrowUtilization).mul(1e18).sub(totalSupply)
260
- .toFixed(0)
261
- .toString();
262
-
263
- if (new Dec(reallocatableLiquidityAssets).lt(liquidityToAllocate) || new Dec(liquidityToAllocate).lt('0')) {
264
- liquidityToAllocate = new Dec(amountToBorrow).lt(leftToBorrow) ? '0' : new Dec(amountToBorrow).sub(leftToBorrow).toString();
265
- if (new Dec(reallocatableLiquidityAssets).lt(liquidityToAllocate)) throw new Error('Not enough liquidity available to allocate');
266
- }
267
-
268
- return liquidityToAllocate;
269
- };
270
-
271
- /**
272
- * Get the vaults and withdrawals needed to reallocate liquidity for a given amount to borrow.
273
- * Amount to be reallocated is calculated in `getLiquidityToAllocate`
274
- * @param market - The market data
275
- * @param assetsData - The assets data
276
- * @param amountToBorrow - Amount being borrowed (not the amount being reallocated)
277
- * @param network - The network number
278
- * @returns The vaults and withdrawals needed to reallocate liquidity
279
- */
280
- export const getReallocation = async (market: MorphoBlueMarketData, assetsData: MorphoBlueAssetsData, amountToBorrow: string, network: NetworkNumber = NetworkNumber.Eth): Promise<{ vaults: string[], withdrawals: (string | string[])[][][] }> => {
281
- try {
282
- const { marketId, loanToken } = market;
283
- const response = await fetch(API_URL, {
284
- method: 'POST',
285
- headers: { 'Content-Type': 'application/json' },
286
- body: JSON.stringify({
287
- query: MARKET_QUERY,
288
- variables: { uniqueKey: marketId, chainId: network },
289
- }),
290
- signal: AbortSignal.timeout(DEFAULT_TIMEOUT),
291
- });
292
-
293
- const data: { data: { marketByUniqueKey: MorphoBlueRealloactionMarketData } } = await response.json();
294
- const marketData: MorphoBlueRealloactionMarketData = data?.data?.marketByUniqueKey;
295
-
296
- if (!marketData) throw new Error('Market data not found');
297
-
298
- const loanAssetInfo = getAssetInfoByAddress(loanToken, network);
299
- const { totalBorrow, totalSupply } = assetsData[loanAssetInfo.symbol] || { totalBorrow: '0', totalSupply: '0' };
300
- const totalBorrowWei = assetAmountInWei(totalBorrow!, loanAssetInfo.symbol);
301
- const totalSupplyWei = assetAmountInWei(totalSupply!, loanAssetInfo.symbol);
302
-
303
- const newTotalBorrowAssets = new Dec(totalBorrowWei).add(amountToBorrow).toString();
304
-
305
- const newUtil = new Dec(newTotalBorrowAssets).div(totalSupplyWei).toString();
306
- const newUtilScaled = new Dec(newUtil).mul(1e18).toString();
307
-
308
- if (new Dec(newUtilScaled).lt(marketData.targetBorrowUtilization)) return { vaults: [], withdrawals: [] };
309
-
310
- const liquidityToAllocate = getLiquidityToAllocate(amountToBorrow, totalBorrowWei, totalSupplyWei, marketData.targetBorrowUtilization, marketData.reallocatableLiquidityAssets);
311
-
312
- const vaultTotalAssets = marketData.publicAllocatorSharedLiquidity.reduce(
313
- (acc: Record<string, string>, item: MorphoBluePublicAllocatorItem) => {
314
- const vaultAddress = item.vault.address;
315
- acc[vaultAddress] = new Dec(acc[vaultAddress] || '0').add(item.assets).toString();
316
- return acc;
317
- },
318
- {},
319
- );
320
-
321
- const sortedVaults = Object.entries(vaultTotalAssets).sort(
322
- ([, a]: [string, string], [, b]: [string, string]) => new Dec(b || '0').sub(a || '0').toNumber(),
323
- );
324
-
325
- const withdrawalsPerVault: Record<string, [string[], string, string][]> = {};
326
- let totalReallocated = '0';
327
- for (const [vaultAddress] of sortedVaults) {
328
- if (new Dec(totalReallocated).gte(liquidityToAllocate)) break;
329
-
330
- const vaultAllocations = marketData.publicAllocatorSharedLiquidity.filter(
331
- (item: MorphoBluePublicAllocatorItem) => compareAddresses(item.vault.address, vaultAddress),
332
- );
333
- for (const item of vaultAllocations) {
334
- if (new Dec(totalReallocated).gte(liquidityToAllocate)) break;
335
- const itemAmount = item.assets;
336
- const leftToAllocate = new Dec(liquidityToAllocate).sub(totalReallocated).toString();
337
- const amountToTake = new Dec(itemAmount).lt(leftToAllocate) ? itemAmount : leftToAllocate;
338
- totalReallocated = new Dec(totalReallocated).add(amountToTake).toString();
339
- const withdrawal: [string[], string, string] = [
340
- [
341
- item.allocationMarket.loanAsset.address,
342
- item.allocationMarket.collateralAsset?.address,
343
- item.allocationMarket.oracle?.address,
344
- item.allocationMarket.irmAddress,
345
- item.allocationMarket.lltv,
346
- ],
347
- amountToTake.toString(),
348
- item.allocationMarket.uniqueKey,
349
- ];
350
- if (!withdrawalsPerVault[vaultAddress]) {
351
- withdrawalsPerVault[vaultAddress] = [];
352
- }
353
- withdrawalsPerVault[vaultAddress].push(withdrawal);
354
- }
355
- }
356
-
357
- const vaults = Object.keys(withdrawalsPerVault);
358
- const withdrawals = vaults.map(
359
- (vaultAddress) => withdrawalsPerVault[vaultAddress].sort(
360
- (a, b) => a[2].localeCompare(b[2]),
361
- ).map(w => [w[0], w[1]]),
362
- );
363
- return {
364
- vaults,
365
- withdrawals,
366
- };
367
- } catch (error) {
368
- console.error('External API Failure: Morpho blue reallocation', error);
369
- throw new Error('Failed to fetch reallocation data');
370
- }
371
- };
372
-
373
- export const getRewardsForMarket = async (marketId: string, network: NetworkNumber = NetworkNumber.Eth) => {
374
- const response = await fetch(API_URL, {
375
- method: 'POST',
376
- headers: { 'Content-Type': 'application/json' },
377
- body: JSON.stringify({
378
- query: REWARDS_QUERY,
379
- variables: { uniqueKey: marketId, chainId: network },
380
- }),
381
- });
382
-
383
- const data = await response.json();
384
- const marketData = data?.data?.marketByUniqueKey;
385
- if (!marketData) throw new Error('Market data not found');
386
- const morphoAssetInfo = getAssetInfo('MORPHO');
387
- const { supplyApr, borrowApr } = marketData.state.rewards.find((reward: any) => compareAddresses(reward.asset.address, morphoAssetInfo.addresses[network])) || { supplyApr: '0', borrowApr: '0' };
388
- const supplyAprPercent = new Dec(supplyApr).mul(100).toString();
389
- const borrowAprPercent = new Dec(borrowApr).mul(100).toString();
390
- return { supplyApy: aprToApy(supplyAprPercent), borrowApy: aprToApy(borrowAprPercent) };
1
+ import Dec from 'decimal.js';
2
+ import { assetAmountInWei, getAssetInfo, getAssetInfoByAddress } from '@defisaver/tokens';
3
+ import {
4
+ aprToApy, calcLeverageLiqPrice, getAssetsTotal, isLeveragedPos,
5
+ } from '../../moneymarket';
6
+ import { calculateNetApy } from '../../staking';
7
+ import {
8
+ EthereumProvider, MMAssetsData, MMUsedAssets, NetworkNumber,
9
+ } from '../../types/common';
10
+ import {
11
+ MorphoBlueAggregatedPositionData, MorphoBlueAssetsData, MorphoBlueMarketData, MorphoBlueMarketInfo,
12
+ MorphoBluePublicAllocatorItem,
13
+ MorphoBlueRealloactionMarketData,
14
+ } from '../../types';
15
+ import { borrowOperations, SECONDS_PER_YEAR, WAD } from '../../constants';
16
+ import { MorphoBlueViewContractViem } from '../../contracts';
17
+ import { compareAddresses, DEFAULT_TIMEOUT } from '../../services/utils';
18
+ import { getViemProvider } from '../../services/viem';
19
+
20
+ export const getMorphoBlueAggregatedPositionData = ({ usedAssets, assetsData, marketInfo }: { usedAssets: MMUsedAssets, assetsData: MorphoBlueAssetsData, marketInfo: MorphoBlueMarketInfo }): MorphoBlueAggregatedPositionData => {
21
+ const payload = {} as MorphoBlueAggregatedPositionData;
22
+ payload.suppliedUsd = getAssetsTotal(usedAssets, ({ isSupplied }: { isSupplied: boolean }) => isSupplied, ({ suppliedUsd }: { suppliedUsd: string }) => suppliedUsd);
23
+ payload.suppliedCollateralUsd = getAssetsTotal(usedAssets, ({ isSupplied, collateral }: { isSupplied: boolean, collateral: string }) => isSupplied && collateral, ({ suppliedUsd }: { suppliedUsd: string }) => suppliedUsd);
24
+ payload.borrowedUsd = getAssetsTotal(usedAssets, ({ isBorrowed }: { isBorrowed: boolean }) => isBorrowed, ({ borrowedUsd }: { borrowedUsd: string }) => borrowedUsd);
25
+
26
+ const {
27
+ lltv, oracle, collateralToken, loanToken,
28
+ } = marketInfo;
29
+
30
+ payload.borrowLimitUsd = getAssetsTotal(
31
+ usedAssets,
32
+ ({ isSupplied, collateral }: { isSupplied: boolean, collateral: string }) => isSupplied && collateral,
33
+ ({ symbol, suppliedUsd }: { symbol: string, suppliedUsd: string }) => {
34
+ const suppliedUsdAmount = suppliedUsd;
35
+
36
+ return new Dec(suppliedUsdAmount).mul(lltv);
37
+ },
38
+ );
39
+ payload.liquidationLimitUsd = payload.borrowLimitUsd;
40
+ const leftToBorrowUsd = new Dec(payload.borrowLimitUsd).sub(payload.borrowedUsd);
41
+ payload.leftToBorrowUsd = leftToBorrowUsd.lte('0') ? '0' : leftToBorrowUsd.toString();
42
+
43
+ payload.leftToBorrow = new Dec(usedAssets[collateralToken]?.supplied || 0).mul(oracle).mul(lltv).sub(usedAssets[loanToken]?.borrowed || 0)
44
+ .toString();
45
+
46
+ const { netApy, incentiveUsd, totalInterestUsd } = calculateNetApy({ usedAssets, assetsData: assetsData as unknown as MMAssetsData });
47
+ payload.netApy = netApy;
48
+ payload.incentiveUsd = incentiveUsd;
49
+ payload.totalInterestUsd = totalInterestUsd;
50
+
51
+ payload.ltv = new Dec(payload.borrowedUsd).div(payload.suppliedCollateralUsd).toString();
52
+ payload.ltv = new Dec(usedAssets[loanToken]?.borrowed || 0).div(oracle).div(usedAssets[collateralToken]?.supplied || 1).toString(); // default to 1 because can't div 0
53
+ payload.ratio = new Dec(usedAssets[collateralToken]?.supplied || 0).mul(oracle).div(usedAssets[loanToken]?.borrowed || 1).mul(100)
54
+ .toString();
55
+
56
+ const { leveragedType, leveragedAsset } = isLeveragedPos(usedAssets);
57
+ payload.leveragedType = leveragedType;
58
+ if (leveragedType !== '') {
59
+ payload.leveragedAsset = leveragedAsset;
60
+ let assetPrice = assetsData[leveragedAsset].price;
61
+ if (leveragedType === 'lsd-leverage') {
62
+ // Treat ETH like a stablecoin in a long stETH position
63
+ payload.leveragedLsdAssetRatio = new Dec(assetsData[leveragedAsset].price).div(assetsData.ETH.price).toDP(18).toString();
64
+ assetPrice = new Dec(assetPrice).div(assetsData.ETH.price).toString();
65
+ }
66
+ payload.liquidationPrice = calcLeverageLiqPrice(leveragedType, assetPrice, payload.borrowedUsd, payload.liquidationLimitUsd);
67
+ }
68
+ payload.minCollRatio = new Dec(payload.suppliedCollateralUsd).div(payload.borrowLimitUsd).mul(100).toString();
69
+ payload.collLiquidationRatio = new Dec(payload.suppliedCollateralUsd).div(payload.liquidationLimitUsd).mul(100).toString();
70
+
71
+ return payload;
72
+ };
73
+
74
+ const compound = (ratePerSeconds: string) => {
75
+ const compounding = new Dec(ratePerSeconds).mul(SECONDS_PER_YEAR).toString();
76
+ const apyNumber = Math.expm1(new Dec(compounding).div(WAD).toNumber());
77
+ return new Dec(apyNumber).mul(WAD).floor().toString();
78
+ };
79
+
80
+ export const getSupplyRate = (totalSupplyAssets: string, totalBorrowAssets: string, borrowRate: string, fee: string) => {
81
+ if (totalBorrowAssets === '0' || totalSupplyAssets === '0') {
82
+ return '0';
83
+ }
84
+ const utillization = new Dec(totalBorrowAssets).mul(WAD).div(totalSupplyAssets).ceil()
85
+ .toString();
86
+ const supplyRate = new Dec(utillization).mul(borrowRate).div(WAD).ceil()
87
+ .toString();
88
+ const ratePerSecond = new Dec(supplyRate).mul(new Dec(WAD).minus(fee)).div(WAD).ceil()
89
+ .toString();
90
+ return new Dec(compound(ratePerSecond)).div(1e18).mul(100).toString();
91
+ };
92
+
93
+ export const getBorrowRate = (borrowRate: string, totalBorrowShares: string) => {
94
+ if (totalBorrowShares === '0') {
95
+ return '0';
96
+ }
97
+ return new Dec(compound(borrowRate)).div(1e18).mul(100).toString();
98
+ };
99
+
100
+ export const getApyAfterValuesEstimation = async (selectedMarket: MorphoBlueMarketData, actions: { action: string, amount: string, asset: string }[], provider: EthereumProvider, network: NetworkNumber) => {
101
+ const client = getViemProvider(provider, network);
102
+ const morphoBlueViewContract = MorphoBlueViewContractViem(client, network);
103
+ const lltvInWei = assetAmountInWei(selectedMarket.lltv, 'ETH');
104
+ const marketData = {
105
+ loanToken: selectedMarket.loanToken,
106
+ collateralToken: selectedMarket.collateralToken,
107
+ oracle: selectedMarket.oracle,
108
+ irm: selectedMarket.irm,
109
+ lltv: BigInt(lltvInWei),
110
+ };
111
+
112
+ const params = actions.map(({ action, asset, amount }) => {
113
+ const isBorrowOperation = borrowOperations.includes(action);
114
+ const amountInWei = assetAmountInWei(amount, asset);
115
+ let liquidityAdded;
116
+ let liquidityRemoved;
117
+ if (isBorrowOperation) {
118
+ liquidityAdded = action === 'payback' ? amountInWei : '0';
119
+ liquidityRemoved = action === 'borrow' ? amountInWei : '0';
120
+ } else {
121
+ liquidityAdded = action === 'collateral' ? amountInWei : '0';
122
+ liquidityRemoved = action === 'withdraw' ? amountInWei : '0';
123
+ }
124
+ return {
125
+ liquidityAdded: BigInt(liquidityAdded),
126
+ liquidityRemoved: BigInt(liquidityRemoved),
127
+ isBorrowOperation,
128
+ };
129
+ });
130
+ const data = await morphoBlueViewContract.read.getApyAfterValuesEstimation([
131
+ marketData,
132
+ params,
133
+ ]);
134
+ const borrowRate = getBorrowRate(data[0].toString(), data[1].totalBorrowShares.toString());
135
+ const supplyRate = getSupplyRate(data[1].totalSupplyAssets.toString(), data[1].totalBorrowAssets.toString(), data[0].toString(), data[1].fee.toString());
136
+ return { borrowRate, supplyRate };
137
+ };
138
+
139
+ const API_URL = 'https://blue-api.morpho.org/graphql';
140
+ const MARKET_QUERY = `
141
+ query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
142
+ marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
143
+ reallocatableLiquidityAssets
144
+ targetBorrowUtilization
145
+ loanAsset {
146
+ address
147
+ decimals
148
+ priceUsd
149
+ }
150
+ state {
151
+ liquidityAssets
152
+ borrowAssets
153
+ supplyAssets
154
+ }
155
+ publicAllocatorSharedLiquidity {
156
+ assets
157
+ vault {
158
+ address
159
+ name
160
+ }
161
+ allocationMarket {
162
+ uniqueKey
163
+ loanAsset {
164
+ address
165
+ }
166
+ collateralAsset {
167
+ address
168
+ }
169
+ irmAddress
170
+ oracle {
171
+ address
172
+ }
173
+ lltv
174
+ }
175
+ }
176
+ loanAsset {
177
+ address
178
+ }
179
+ collateralAsset {
180
+ address
181
+ }
182
+ oracle {
183
+ address
184
+ }
185
+ irmAddress
186
+ lltv
187
+ }
188
+ }
189
+ `;
190
+
191
+ const REWARDS_QUERY = `
192
+ query MarketByUniqueKey($uniqueKey: String!, $chainId: Int!) {
193
+ marketByUniqueKey(uniqueKey: $uniqueKey, chainId: $chainId) {
194
+ uniqueKey
195
+ state {
196
+ rewards {
197
+ amountPerSuppliedToken
198
+ supplyApr
199
+ amountPerBorrowedToken
200
+ borrowApr
201
+ asset {
202
+ address
203
+ }
204
+ }
205
+ }
206
+ }
207
+ }
208
+ `;
209
+
210
+ /**
211
+ * Get reallocatable liquidity to a given market and target borrow utilization
212
+ * @param marketId - Unique key of the market liquidity is reallocated to
213
+ * @param network - The network number
214
+ * @returns The reallocatable liquidity and target borrow utilization
215
+ */
216
+ export const getReallocatableLiquidity = async (marketId: string, network: NetworkNumber = NetworkNumber.Eth): Promise<{ reallocatableLiquidity: string, targetBorrowUtilization: string }> => {
217
+ try {
218
+ const response = await fetch(API_URL, {
219
+ method: 'POST',
220
+ headers: { 'Content-Type': 'application/json' },
221
+ body: JSON.stringify({
222
+ query: MARKET_QUERY,
223
+ variables: { uniqueKey: marketId, chainId: network },
224
+ }),
225
+ signal: AbortSignal.timeout(DEFAULT_TIMEOUT),
226
+ });
227
+
228
+ const data: { data: { marketByUniqueKey: MorphoBlueRealloactionMarketData } } = await response.json();
229
+ const marketData: MorphoBlueRealloactionMarketData = data?.data?.marketByUniqueKey;
230
+
231
+ if (!marketData) throw new Error('Market data not found');
232
+
233
+ return {
234
+ reallocatableLiquidity: marketData.reallocatableLiquidityAssets,
235
+ targetBorrowUtilization: marketData.targetBorrowUtilization,
236
+ };
237
+ } catch (error) {
238
+ console.error('External API Failure: Morpho blue reallocatable liquidity', error);
239
+ throw new Error('Failed to fetch reallocatable liquidity');
240
+ }
241
+ };
242
+
243
+ /**
244
+ * Get liquidity to allocate for a given amount to borrow.
245
+ * First, the function will try to calculate the amount of liquidity to allocate to be able to
246
+ * hit the target utilization. If it is not possible to allocate enough liquidity to hit the
247
+ * target utilization, the function will allocate the amount of liquidity needed to be able to
248
+ * borrow the selected amount.
249
+ * @param amountToBorrow - The amount to borrow
250
+ * @param totalBorrow - The total amount borrowed from market
251
+ * @param totalSupply - The total amount supplied to market
252
+ * @param targetBorrowUtilization - The target borrow utilization of market
253
+ * @param reallocatableLiquidityAssets - The amount of liquidity that can be reallocated from other markets
254
+ * @returns The amount of liquidity to allocate
255
+ */
256
+ export const getLiquidityToAllocate = (amountToBorrow: string, totalBorrow: string, totalSupply: string, targetBorrowUtilization: string, reallocatableLiquidityAssets: string) => {
257
+ const newTotalBorrowAssets = new Dec(totalBorrow).add(amountToBorrow).toString();
258
+ const leftToBorrow = new Dec(totalSupply).sub(totalBorrow).toString();
259
+ let liquidityToAllocate = new Dec(newTotalBorrowAssets).div(targetBorrowUtilization).mul(1e18).sub(totalSupply)
260
+ .toFixed(0)
261
+ .toString();
262
+
263
+ if (new Dec(reallocatableLiquidityAssets).lt(liquidityToAllocate) || new Dec(liquidityToAllocate).lt('0')) {
264
+ liquidityToAllocate = new Dec(amountToBorrow).lt(leftToBorrow) ? '0' : new Dec(amountToBorrow).sub(leftToBorrow).toString();
265
+ if (new Dec(reallocatableLiquidityAssets).lt(liquidityToAllocate)) throw new Error('Not enough liquidity available to allocate');
266
+ }
267
+
268
+ return liquidityToAllocate;
269
+ };
270
+
271
+ /**
272
+ * Get the vaults and withdrawals needed to reallocate liquidity for a given amount to borrow.
273
+ * Amount to be reallocated is calculated in `getLiquidityToAllocate`
274
+ * @param market - The market data
275
+ * @param assetsData - The assets data
276
+ * @param amountToBorrow - Amount being borrowed (not the amount being reallocated)
277
+ * @param network - The network number
278
+ * @returns The vaults and withdrawals needed to reallocate liquidity
279
+ */
280
+ export const getReallocation = async (market: MorphoBlueMarketData, assetsData: MorphoBlueAssetsData, amountToBorrow: string, network: NetworkNumber = NetworkNumber.Eth): Promise<{ vaults: string[], withdrawals: (string | string[])[][][] }> => {
281
+ try {
282
+ const { marketId, loanToken } = market;
283
+ const response = await fetch(API_URL, {
284
+ method: 'POST',
285
+ headers: { 'Content-Type': 'application/json' },
286
+ body: JSON.stringify({
287
+ query: MARKET_QUERY,
288
+ variables: { uniqueKey: marketId, chainId: network },
289
+ }),
290
+ signal: AbortSignal.timeout(DEFAULT_TIMEOUT),
291
+ });
292
+
293
+ const data: { data: { marketByUniqueKey: MorphoBlueRealloactionMarketData } } = await response.json();
294
+ const marketData: MorphoBlueRealloactionMarketData = data?.data?.marketByUniqueKey;
295
+
296
+ if (!marketData) throw new Error('Market data not found');
297
+
298
+ const loanAssetInfo = getAssetInfoByAddress(loanToken, network);
299
+ const { totalBorrow, totalSupply } = assetsData[loanAssetInfo.symbol] || { totalBorrow: '0', totalSupply: '0' };
300
+ const totalBorrowWei = assetAmountInWei(totalBorrow!, loanAssetInfo.symbol);
301
+ const totalSupplyWei = assetAmountInWei(totalSupply!, loanAssetInfo.symbol);
302
+
303
+ const newTotalBorrowAssets = new Dec(totalBorrowWei).add(amountToBorrow).toString();
304
+
305
+ const newUtil = new Dec(newTotalBorrowAssets).div(totalSupplyWei).toString();
306
+ const newUtilScaled = new Dec(newUtil).mul(1e18).toString();
307
+
308
+ if (new Dec(newUtilScaled).lt(marketData.targetBorrowUtilization)) return { vaults: [], withdrawals: [] };
309
+
310
+ const liquidityToAllocate = getLiquidityToAllocate(amountToBorrow, totalBorrowWei, totalSupplyWei, marketData.targetBorrowUtilization, marketData.reallocatableLiquidityAssets);
311
+
312
+ const vaultTotalAssets = marketData.publicAllocatorSharedLiquidity.reduce(
313
+ (acc: Record<string, string>, item: MorphoBluePublicAllocatorItem) => {
314
+ const vaultAddress = item.vault.address;
315
+ acc[vaultAddress] = new Dec(acc[vaultAddress] || '0').add(item.assets).toString();
316
+ return acc;
317
+ },
318
+ {},
319
+ );
320
+
321
+ const sortedVaults = Object.entries(vaultTotalAssets).sort(
322
+ ([, a]: [string, string], [, b]: [string, string]) => new Dec(b || '0').sub(a || '0').toNumber(),
323
+ );
324
+
325
+ const withdrawalsPerVault: Record<string, [string[], string, string][]> = {};
326
+ let totalReallocated = '0';
327
+ for (const [vaultAddress] of sortedVaults) {
328
+ if (new Dec(totalReallocated).gte(liquidityToAllocate)) break;
329
+
330
+ const vaultAllocations = marketData.publicAllocatorSharedLiquidity.filter(
331
+ (item: MorphoBluePublicAllocatorItem) => compareAddresses(item.vault.address, vaultAddress),
332
+ );
333
+ for (const item of vaultAllocations) {
334
+ if (new Dec(totalReallocated).gte(liquidityToAllocate)) break;
335
+ const itemAmount = item.assets;
336
+ const leftToAllocate = new Dec(liquidityToAllocate).sub(totalReallocated).toString();
337
+ const amountToTake = new Dec(itemAmount).lt(leftToAllocate) ? itemAmount : leftToAllocate;
338
+ totalReallocated = new Dec(totalReallocated).add(amountToTake).toString();
339
+ const withdrawal: [string[], string, string] = [
340
+ [
341
+ item.allocationMarket.loanAsset.address,
342
+ item.allocationMarket.collateralAsset?.address,
343
+ item.allocationMarket.oracle?.address,
344
+ item.allocationMarket.irmAddress,
345
+ item.allocationMarket.lltv,
346
+ ],
347
+ amountToTake.toString(),
348
+ item.allocationMarket.uniqueKey,
349
+ ];
350
+ if (!withdrawalsPerVault[vaultAddress]) {
351
+ withdrawalsPerVault[vaultAddress] = [];
352
+ }
353
+ withdrawalsPerVault[vaultAddress].push(withdrawal);
354
+ }
355
+ }
356
+
357
+ const vaults = Object.keys(withdrawalsPerVault);
358
+ const withdrawals = vaults.map(
359
+ (vaultAddress) => withdrawalsPerVault[vaultAddress].sort(
360
+ (a, b) => a[2].localeCompare(b[2]),
361
+ ).map(w => [w[0], w[1]]),
362
+ );
363
+ return {
364
+ vaults,
365
+ withdrawals,
366
+ };
367
+ } catch (error) {
368
+ console.error('External API Failure: Morpho blue reallocation', error);
369
+ throw new Error('Failed to fetch reallocation data');
370
+ }
371
+ };
372
+
373
+ export const getRewardsForMarket = async (marketId: string, network: NetworkNumber = NetworkNumber.Eth) => {
374
+ const response = await fetch(API_URL, {
375
+ method: 'POST',
376
+ headers: { 'Content-Type': 'application/json' },
377
+ body: JSON.stringify({
378
+ query: REWARDS_QUERY,
379
+ variables: { uniqueKey: marketId, chainId: network },
380
+ }),
381
+ });
382
+
383
+ const data = await response.json();
384
+ const marketData = data?.data?.marketByUniqueKey;
385
+ if (!marketData) throw new Error('Market data not found');
386
+ const morphoAssetInfo = getAssetInfo('MORPHO');
387
+ const { supplyApr, borrowApr } = marketData.state.rewards.find((reward: any) => compareAddresses(reward.asset.address, morphoAssetInfo.addresses[network])) || { supplyApr: '0', borrowApr: '0' };
388
+ const supplyAprPercent = new Dec(supplyApr).mul(100).toString();
389
+ const borrowAprPercent = new Dec(borrowApr).mul(100).toString();
390
+ return { supplyApy: aprToApy(supplyAprPercent), borrowApy: aprToApy(borrowAprPercent) };
391
391
  };