@drift-labs/sdk 2.150.0-beta.6 → 2.150.0-beta.7

This diff represents the content of publicly available package versions that have been released to one of the supported registries. The information contained in this diff is provided for informational purposes only and reflects changes between package versions as they appear in their respective public registries.
Files changed (6) hide show
  1. package/VERSION +1 -1
  2. package/lib/browser/math/amm.js +9 -5
  3. package/lib/node/math/amm.d.ts.map +1 -1
  4. package/lib/node/math/amm.js +9 -5
  5. package/package.json +1 -1
  6. package/src/math/amm.ts +11 -13
package/VERSION CHANGED
@@ -1 +1 @@
1
- 2.150.0-beta.6
1
+ 2.150.0-beta.7
package/lib/browser/math/amm.js CHANGED
@@ -257,10 +257,9 @@ function calculateReferencePriceOffset(reservePrice, last24hAvgFundingRate, liqu
257
257
  const markPremiumAvgPct = markPremiumAvg
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  .mul(numericConstants_1.PRICE_PRECISION)
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  .div(reservePrice);
260
- const inventoryPct = (0, utils_1.clampBN)(liquidityFraction.mul(new anchor_1.BN(maxOffsetPct)).div(numericConstants_1.PERCENTAGE_PRECISION), new anchor_1.BN(maxOffsetPct).mul(new anchor_1.BN(-1)), new anchor_1.BN(maxOffsetPct));
261
260
  // Only apply when inventory is consistent with recent and 24h market premium
262
- let offsetPct = markPremiumAvgPct.add(inventoryPct);
263
- if (!(0, utils_1.sigNum)(inventoryPct).eq((0, utils_1.sigNum)(markPremiumAvgPct))) {
261
+ let offsetPct = markPremiumAvgPct.mul(liquidityFraction.abs()).divn(2);
262
+ if (!(0, utils_1.sigNum)(liquidityFraction).eq((0, utils_1.sigNum)(markPremiumAvgPct))) {
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  offsetPct = numericConstants_1.ZERO;
265
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  }
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  const clampedOffsetPct = (0, utils_1.clampBN)(offsetPct, new anchor_1.BN(-maxOffsetPct), new anchor_1.BN(maxOffsetPct));
@@ -535,8 +534,13 @@ function calculateSpreadReserves(amm, mmOraclePriceData, now, isPrediction = fal
535
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  let maxOffset = 0;
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  let referencePriceOffset = 0;
537
536
  if (amm.curveUpdateIntensity > 100) {
538
- maxOffset = Math.max(amm.maxSpread / 2, (numericConstants_1.PERCENTAGE_PRECISION.toNumber() / 10000) *
539
- (amm.curveUpdateIntensity - 100));
537
+ if (amm.curveUpdateIntensity == 200) {
538
+ maxOffset = Math.max(amm.maxSpread / 2, 10000);
539
+ }
540
+ else {
541
+ maxOffset = Math.min(amm.maxSpread / 2, (numericConstants_1.PERCENTAGE_PRECISION.toNumber() / 10000) *
542
+ (amm.curveUpdateIntensity - 100));
543
+ }
540
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  const liquidityFraction = calculateInventoryLiquidityRatioForReferencePriceOffset(amm.baseAssetAmountWithAmm, amm.baseAssetReserve, amm.minBaseAssetReserve, amm.maxBaseAssetReserve);
541
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  const liquidityFractionSigned = liquidityFraction.mul((0, utils_1.sigNum)(amm.baseAssetAmountWithAmm.add(amm.baseAssetAmountWithUnsettledLp)));
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  let liquidityFractionAfterDeadband = liquidityFractionSigned;
package/lib/node/math/amm.d.ts.map CHANGED
@@ -1 +1 @@
1
- {"version":3,"file":"amm.d.ts","sourceRoot":"","sources":["../../../src/math/amm.ts"],"names":[],"mappings":";AAAA,OAAO,EAAE,EAAE,EAAE,MAAM,mBAAmB,CAAC;AAiBvC,OAAO,EACN,GAAG,EACH,iBAAiB,EACjB,aAAa,EACb,iBAAiB,EAEjB,MAAM,UAAU,CAAC;AAKlB,OAAO,EAAE,iBAAiB,EAAE,eAAe,EAAE,MAAM,kBAAkB,CAAC;AAStE,wBAAgB,2BAA2B,CAC1C,WAAW,EAAE,EAAE,EACf,gBAAgB,EAAE,EAAE,EACpB,iBAAiB,EAAE,EAAE,GACnB,EAAE,CASJ;AAED,wBAAgB,4BAA4B,CAC3C,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,GAClC,CAAC,EAAE,EAAE,EAAE,EAAE,EAAE,EAAE,OAAO,CAAC,CAwDvB;AAED,wBAAgB,eAAe,CAC9B,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,GAClC,CAAC,EAAE,EAAE,EAAE,EAAE,EAAE,EAAE,EAAE,CAAC,CAqClB;AAED,wBAAgB,mBAAmB,CAClC,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,GAClC,GAAG,CAmCL;AAED,wBAAgB,iCAAiC,CAChD,GAAG,EAAE,GAAG,EACR,SAAS,EAAE,iBAAiB,EAC5B,iBAAiB,EAAE,iBAAiB,EACpC,YAAY,UAAQ,EACpB,UAAU,CAAC,EAAE,EAAE,GACb;IAAE,gBAAgB,EAAE,EAAE,CAAC;IAAC,iBAAiB,EAAE,EAAE,CAAC;IAAC,KAAK,EAAE,EAAE,CAAC;IAAC,MAAM,EAAE,EAAE,CAAA;CAAE,CAsBxE;AAED,wBAAgB,oBAAoB,CACnC,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,EACpC,UAAU,UAAO,EACjB,YAAY,UAAQ,EACpB,UAAU,CAAC,EAAE,EAAE,GACb,CAAC,EAAE,EAAE,EAAE,CAAC,CA6BV;AAED;;;;;;;GAOG;AACH,wBAAgB,cAAc,CAC7B,iBAAiB,EAAE,EAAE,EACrB,kBAAkB,EAAE,EAAE,EACtB,aAAa,EAAE,EAAE,GACf,EAAE,CAUJ;AAED,MAAM,MAAM,SAAS,GAAG,OAAO,GAAG,MAAM,CAAC;AAEzC;;;;;;;;GAQG;AACH,wBAAgB,6BAA6B,CAC5C,GAAG,EAAE,IAAI,CACR,GAAG,EACH,eAAe,GAAG,mBAAmB,GAAG,OAAO,GAAG,kBAAkB,CACpE,EACD,cAAc,EAAE,SAAS,EACzB,UAAU,EAAE,EAAE,EACd,aAAa,EAAE,aAAa,GAC1B,CAAC,EAAE,EAAE,EAAE,CAAC,CA2BV;AAED,wBAAgB,yBAAyB,CACxC,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,EACvB,QAAQ,CAAC,EAAE,EAAE,GACX,CAAC,EAAE,EAAE,EAAE,CAAC,CAyBV;AAED,wBAAgB,gCAAgC,CAC/C,sBAAsB,EAAE,EAAE,EAC1B,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,GACrB,EAAE,CAkBJ;AAED,wBAAgB,uDAAuD,CACtE,sBAAsB,EAAE,EAAE,EAC1B,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,GACrB,EAAE,CAkBJ;AAED,wBAAgB,uBAAuB,CACtC,sBAAsB,EAAE,EAAE,EAC1B,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,EACvB,iBAAiB,EAAE,MAAM,EACzB,SAAS,EAAE,MAAM,GACf,MAAM,CAgCR;AAED,wBAAgB,6BAA6B,CAC5C,YAAY,EAAE,EAAE,EAChB,qBAAqB,EAAE,EAAE,EACzB,iBAAiB,EAAE,EAAE,EACrB,cAAc,EAAE,EAAE,EAClB,YAAY,EAAE,EAAE,EAChB,cAAc,EAAE,EAAE,EAClB,YAAY,EAAE,EAAE,EAChB,YAAY,EAAE,MAAM,GAClB,EAAE,CA2DJ;AAED,wBAAgB,0BAA0B,CACzC,UAAU,EAAE,MAAM,EAClB,iBAAiB,EAAE,EAAE,EACrB,yBAAyB,EAAE,EAAE,EAC7B,aAAa,EAAE,EAAE,EACjB,kBAAkB,EAAE,EAAE,EACtB,YAAY,EAAE,EAAE,EAChB,0BAA0B,EAAE,EAAE,GAC5B,MAAM,CAqBR;AAED,wBAAgB,kBAAkB,CAAC,kBAAkB,EAAE,MAAM,GAAG,MAAM,CAMrE;AAED,wBAAgB,oBAAoB,CACnC,iBAAiB,EAAE,EAAE,EACrB,YAAY,EAAE,EAAE,EAChB,OAAO,EAAE,EAAE,EACX,SAAS,EAAE,EAAE,EACb,aAAa,EAAE,EAAE,EACjB,cAAc,EAAE,EAAE,EAClB,SAAS,EAAE,EAAE,GACX,CAAC,EAAE,EAAE,EAAE,CAAC,CAuCV;AAED,wBAAgB,iBAAiB,CAChC,UAAU,EAAE,MAAM,EAClB,+BAA+B,EAAE,EAAE,EACnC,iBAAiB,EAAE,EAAE,EACrB,SAAS,EAAE,MAAM,EACjB,iBAAiB,EAAE,EAAE,EACrB,yBAAyB,EAAE,EAAE,EAC7B,aAAa,EAAE,EAAE,EACjB,sBAAsB,EAAE,EAAE,EAC1B,YAAY,EAAE,EAAE,EAChB,0BAA0B,EAAE,EAAE,EAC9B,0BAA0B,EAAE,EAAE,EAC9B,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,EACvB,OAAO,EAAE,EAAE,EACX,SAAS,EAAE,EAAE,EACb,aAAa,EAAE,EAAE,EACjB,cAAc,EAAE,EAAE,EAClB,SAAS,EAAE,EAAE,EACb,4BAA4B,EAAE,MAAM,EACpC,WAAW,UAAQ;;;;;;;;;;;;;;;;;;;;;;EAwNnB;AAED,wBAAgB,eAAe,CAC9B,GAAG,EAAE,GAAG,EACR,eAAe,EAAE,eAAe,EAChC,GAAG,CAAC,EAAE,EAAE,EACR,YAAY,CAAC,EAAE,EAAE,GACf,CAAC,MAAM,EAAE,MAAM,CAAC,CA0ElB;AAED,wBAAgB,0CAA0C,CACzD,GAAG,EAAE,GAAG,EACR,SAAS,EAAE,iBAAiB,GAC1B,CAAC,EAAE,EAAE,EAAE,CAAC,CA0BV;AAED,wBAAgB,uBAAuB,CACtC,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,EACpC,GAAG,CAAC,EAAE,EAAE,EACR,YAAY,UAAQ,EACpB,UAAU,CAAC,EAAE,EAAE;;;IA8Jf;AAED;;;;;;;;GAQG;AACH,wBAAgB,mBAAmB,CAClC,iBAAiB,EAAE,EAAE,EACrB,UAAU,EAAE,EAAE,EACd,aAAa,EAAE,aAAa,EAC5B,SAAS,EAAE,EAAE,GACX,CAAC,EAAE,EAAE,EAAE,CAAC,CASV;AAED;;;;;GAKG;AACH,wBAAgB,gBAAgB,CAC/B,cAAc,EAAE,SAAS,EACzB,iBAAiB,EAAE,iBAAiB,GAClC,aAAa,CAUf;AAED;;;;;GAKG;AACH,wBAAgB,sBAAsB,CAAC,MAAM,EAAE,iBAAiB,MAoB/D;AAED,wBAAgB,kCAAkC,CACjD,GAAG,EAAE,GAAG,EACR,WAAW,EAAE,EAAE,EACf,SAAS,EAAE,iBAAiB,EAC5B,iBAAiB,CAAC,EAAE,iBAAiB,EACrC,GAAG,CAAC,EAAE,EAAE,EACR,YAAY,UAAQ,GAClB,CAAC,EAAE,EAAE,iBAAiB,CAAC,CAmCzB;AAED,wBAAgB,gCAAgC,CAC/C,kBAAkB,EAAE,EAAE,EACtB,aAAa,EAAE,EAAE,EACjB,aAAa,EAAE,aAAa,GAC1B,EAAE,CAcJ;AAED,wBAAgB,mCAAmC,CAClD,GAAG,EAAE,GAAG,EACR,cAAc,EAAE,iBAAiB,GAC/B,EAAE,CAqBJ"}
1
+ {"version":3,"file":"amm.d.ts","sourceRoot":"","sources":["../../../src/math/amm.ts"],"names":[],"mappings":";AAAA,OAAO,EAAE,EAAE,EAAE,MAAM,mBAAmB,CAAC;AAiBvC,OAAO,EACN,GAAG,EACH,iBAAiB,EACjB,aAAa,EACb,iBAAiB,EAEjB,MAAM,UAAU,CAAC;AAKlB,OAAO,EAAE,iBAAiB,EAAE,eAAe,EAAE,MAAM,kBAAkB,CAAC;AAStE,wBAAgB,2BAA2B,CAC1C,WAAW,EAAE,EAAE,EACf,gBAAgB,EAAE,EAAE,EACpB,iBAAiB,EAAE,EAAE,GACnB,EAAE,CASJ;AAED,wBAAgB,4BAA4B,CAC3C,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,GAClC,CAAC,EAAE,EAAE,EAAE,EAAE,EAAE,EAAE,OAAO,CAAC,CAwDvB;AAED,wBAAgB,eAAe,CAC9B,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,GAClC,CAAC,EAAE,EAAE,EAAE,EAAE,EAAE,EAAE,EAAE,CAAC,CAqClB;AAED,wBAAgB,mBAAmB,CAClC,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,GAClC,GAAG,CAmCL;AAED,wBAAgB,iCAAiC,CAChD,GAAG,EAAE,GAAG,EACR,SAAS,EAAE,iBAAiB,EAC5B,iBAAiB,EAAE,iBAAiB,EACpC,YAAY,UAAQ,EACpB,UAAU,CAAC,EAAE,EAAE,GACb;IAAE,gBAAgB,EAAE,EAAE,CAAC;IAAC,iBAAiB,EAAE,EAAE,CAAC;IAAC,KAAK,EAAE,EAAE,CAAC;IAAC,MAAM,EAAE,EAAE,CAAA;CAAE,CAsBxE;AAED,wBAAgB,oBAAoB,CACnC,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,EACpC,UAAU,UAAO,EACjB,YAAY,UAAQ,EACpB,UAAU,CAAC,EAAE,EAAE,GACb,CAAC,EAAE,EAAE,EAAE,CAAC,CA6BV;AAED;;;;;;;GAOG;AACH,wBAAgB,cAAc,CAC7B,iBAAiB,EAAE,EAAE,EACrB,kBAAkB,EAAE,EAAE,EACtB,aAAa,EAAE,EAAE,GACf,EAAE,CAUJ;AAED,MAAM,MAAM,SAAS,GAAG,OAAO,GAAG,MAAM,CAAC;AAEzC;;;;;;;;GAQG;AACH,wBAAgB,6BAA6B,CAC5C,GAAG,EAAE,IAAI,CACR,GAAG,EACH,eAAe,GAAG,mBAAmB,GAAG,OAAO,GAAG,kBAAkB,CACpE,EACD,cAAc,EAAE,SAAS,EACzB,UAAU,EAAE,EAAE,EACd,aAAa,EAAE,aAAa,GAC1B,CAAC,EAAE,EAAE,EAAE,CAAC,CA2BV;AAED,wBAAgB,yBAAyB,CACxC,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,EACvB,QAAQ,CAAC,EAAE,EAAE,GACX,CAAC,EAAE,EAAE,EAAE,CAAC,CAyBV;AAED,wBAAgB,gCAAgC,CAC/C,sBAAsB,EAAE,EAAE,EAC1B,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,GACrB,EAAE,CAkBJ;AAED,wBAAgB,uDAAuD,CACtE,sBAAsB,EAAE,EAAE,EAC1B,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,GACrB,EAAE,CAkBJ;AAED,wBAAgB,uBAAuB,CACtC,sBAAsB,EAAE,EAAE,EAC1B,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,EACvB,iBAAiB,EAAE,MAAM,EACzB,SAAS,EAAE,MAAM,GACf,MAAM,CAgCR;AAED,wBAAgB,6BAA6B,CAC5C,YAAY,EAAE,EAAE,EAChB,qBAAqB,EAAE,EAAE,EACzB,iBAAiB,EAAE,EAAE,EACrB,cAAc,EAAE,EAAE,EAClB,YAAY,EAAE,EAAE,EAChB,cAAc,EAAE,EAAE,EAClB,YAAY,EAAE,EAAE,EAChB,YAAY,EAAE,MAAM,GAClB,EAAE,CAqDJ;AAED,wBAAgB,0BAA0B,CACzC,UAAU,EAAE,MAAM,EAClB,iBAAiB,EAAE,EAAE,EACrB,yBAAyB,EAAE,EAAE,EAC7B,aAAa,EAAE,EAAE,EACjB,kBAAkB,EAAE,EAAE,EACtB,YAAY,EAAE,EAAE,EAChB,0BAA0B,EAAE,EAAE,GAC5B,MAAM,CAqBR;AAED,wBAAgB,kBAAkB,CAAC,kBAAkB,EAAE,MAAM,GAAG,MAAM,CAMrE;AAED,wBAAgB,oBAAoB,CACnC,iBAAiB,EAAE,EAAE,EACrB,YAAY,EAAE,EAAE,EAChB,OAAO,EAAE,EAAE,EACX,SAAS,EAAE,EAAE,EACb,aAAa,EAAE,EAAE,EACjB,cAAc,EAAE,EAAE,EAClB,SAAS,EAAE,EAAE,GACX,CAAC,EAAE,EAAE,EAAE,CAAC,CAuCV;AAED,wBAAgB,iBAAiB,CAChC,UAAU,EAAE,MAAM,EAClB,+BAA+B,EAAE,EAAE,EACnC,iBAAiB,EAAE,EAAE,EACrB,SAAS,EAAE,MAAM,EACjB,iBAAiB,EAAE,EAAE,EACrB,yBAAyB,EAAE,EAAE,EAC7B,aAAa,EAAE,EAAE,EACjB,sBAAsB,EAAE,EAAE,EAC1B,YAAY,EAAE,EAAE,EAChB,0BAA0B,EAAE,EAAE,EAC9B,0BAA0B,EAAE,EAAE,EAC9B,gBAAgB,EAAE,EAAE,EACpB,mBAAmB,EAAE,EAAE,EACvB,mBAAmB,EAAE,EAAE,EACvB,OAAO,EAAE,EAAE,EACX,SAAS,EAAE,EAAE,EACb,aAAa,EAAE,EAAE,EACjB,cAAc,EAAE,EAAE,EAClB,SAAS,EAAE,EAAE,EACb,4BAA4B,EAAE,MAAM,EACpC,WAAW,UAAQ;;;;;;;;;;;;;;;;;;;;;;EAwNnB;AAED,wBAAgB,eAAe,CAC9B,GAAG,EAAE,GAAG,EACR,eAAe,EAAE,eAAe,EAChC,GAAG,CAAC,EAAE,EAAE,EACR,YAAY,CAAC,EAAE,EAAE,GACf,CAAC,MAAM,EAAE,MAAM,CAAC,CA0ElB;AAED,wBAAgB,0CAA0C,CACzD,GAAG,EAAE,GAAG,EACR,SAAS,EAAE,iBAAiB,GAC1B,CAAC,EAAE,EAAE,EAAE,CAAC,CA0BV;AAED,wBAAgB,uBAAuB,CACtC,GAAG,EAAE,GAAG,EACR,iBAAiB,EAAE,iBAAiB,EACpC,GAAG,CAAC,EAAE,EAAE,EACR,YAAY,UAAQ,EACpB,UAAU,CAAC,EAAE,EAAE;;;IAkKf;AAED;;;;;;;;GAQG;AACH,wBAAgB,mBAAmB,CAClC,iBAAiB,EAAE,EAAE,EACrB,UAAU,EAAE,EAAE,EACd,aAAa,EAAE,aAAa,EAC5B,SAAS,EAAE,EAAE,GACX,CAAC,EAAE,EAAE,EAAE,CAAC,CASV;AAED;;;;;GAKG;AACH,wBAAgB,gBAAgB,CAC/B,cAAc,EAAE,SAAS,EACzB,iBAAiB,EAAE,iBAAiB,GAClC,aAAa,CAUf;AAED;;;;;GAKG;AACH,wBAAgB,sBAAsB,CAAC,MAAM,EAAE,iBAAiB,MAoB/D;AAED,wBAAgB,kCAAkC,CACjD,GAAG,EAAE,GAAG,EACR,WAAW,EAAE,EAAE,EACf,SAAS,EAAE,iBAAiB,EAC5B,iBAAiB,CAAC,EAAE,iBAAiB,EACrC,GAAG,CAAC,EAAE,EAAE,EACR,YAAY,UAAQ,GAClB,CAAC,EAAE,EAAE,iBAAiB,CAAC,CAmCzB;AAED,wBAAgB,gCAAgC,CAC/C,kBAAkB,EAAE,EAAE,EACtB,aAAa,EAAE,EAAE,EACjB,aAAa,EAAE,aAAa,GAC1B,EAAE,CAcJ;AAED,wBAAgB,mCAAmC,CAClD,GAAG,EAAE,GAAG,EACR,cAAc,EAAE,iBAAiB,GAC/B,EAAE,CAqBJ"}
package/lib/node/math/amm.js CHANGED
@@ -257,10 +257,9 @@ function calculateReferencePriceOffset(reservePrice, last24hAvgFundingRate, liqu
257
257
  const markPremiumAvgPct = markPremiumAvg
258
258
  .mul(numericConstants_1.PRICE_PRECISION)
259
259
  .div(reservePrice);
260
- const inventoryPct = (0, utils_1.clampBN)(liquidityFraction.mul(new anchor_1.BN(maxOffsetPct)).div(numericConstants_1.PERCENTAGE_PRECISION), new anchor_1.BN(maxOffsetPct).mul(new anchor_1.BN(-1)), new anchor_1.BN(maxOffsetPct));
261
260
  // Only apply when inventory is consistent with recent and 24h market premium
262
- let offsetPct = markPremiumAvgPct.add(inventoryPct);
263
- if (!(0, utils_1.sigNum)(inventoryPct).eq((0, utils_1.sigNum)(markPremiumAvgPct))) {
261
+ let offsetPct = markPremiumAvgPct.mul(liquidityFraction.abs()).divn(2);
262
+ if (!(0, utils_1.sigNum)(liquidityFraction).eq((0, utils_1.sigNum)(markPremiumAvgPct))) {
264
263
  offsetPct = numericConstants_1.ZERO;
265
264
  }
266
265
  const clampedOffsetPct = (0, utils_1.clampBN)(offsetPct, new anchor_1.BN(-maxOffsetPct), new anchor_1.BN(maxOffsetPct));
@@ -535,8 +534,13 @@ function calculateSpreadReserves(amm, mmOraclePriceData, now, isPrediction = fal
535
534
  let maxOffset = 0;
536
535
  let referencePriceOffset = 0;
537
536
  if (amm.curveUpdateIntensity > 100) {
538
- maxOffset = Math.max(amm.maxSpread / 2, (numericConstants_1.PERCENTAGE_PRECISION.toNumber() / 10000) *
539
- (amm.curveUpdateIntensity - 100));
537
+ if (amm.curveUpdateIntensity == 200) {
538
+ maxOffset = Math.max(amm.maxSpread / 2, 10000);
539
+ }
540
+ else {
541
+ maxOffset = Math.min(amm.maxSpread / 2, (numericConstants_1.PERCENTAGE_PRECISION.toNumber() / 10000) *
542
+ (amm.curveUpdateIntensity - 100));
543
+ }
540
544
  const liquidityFraction = calculateInventoryLiquidityRatioForReferencePriceOffset(amm.baseAssetAmountWithAmm, amm.baseAssetReserve, amm.minBaseAssetReserve, amm.maxBaseAssetReserve);
541
545
  const liquidityFractionSigned = liquidityFraction.mul((0, utils_1.sigNum)(amm.baseAssetAmountWithAmm.add(amm.baseAssetAmountWithUnsettledLp)));
542
546
  let liquidityFractionAfterDeadband = liquidityFractionSigned;
package/package.json CHANGED
@@ -1,6 +1,6 @@
1
1
  {
2
2
  "name": "@drift-labs/sdk",
3
- "version": "2.150.0-beta.6",
3
+ "version": "2.150.0-beta.7",
4
4
  "main": "lib/node/index.js",
5
5
  "types": "lib/node/index.d.ts",
6
6
  "module": "./lib/browser/index.js",
package/src/math/amm.ts CHANGED
@@ -503,16 +503,10 @@ export function calculateReferencePriceOffset(
503
503
  .mul(PRICE_PRECISION)
504
504
  .div(reservePrice);
505
505
 
506
- const inventoryPct = clampBN(
507
- liquidityFraction.mul(new BN(maxOffsetPct)).div(PERCENTAGE_PRECISION),
508
- new BN(maxOffsetPct).mul(new BN(-1)),
509
- new BN(maxOffsetPct)
510
- );
511
-
512
506
  // Only apply when inventory is consistent with recent and 24h market premium
513
- let offsetPct = markPremiumAvgPct.add(inventoryPct);
507
+ let offsetPct = markPremiumAvgPct.mul(liquidityFraction.abs()).divn(2);
514
508
 
515
- if (!sigNum(inventoryPct).eq(sigNum(markPremiumAvgPct))) {
509
+ if (!sigNum(liquidityFraction).eq(sigNum(markPremiumAvgPct))) {
516
510
  offsetPct = ZERO;
517
511
  }
518
512
 
@@ -1032,11 +1026,15 @@ export function calculateSpreadReserves(
1032
1026
  let maxOffset = 0;
1033
1027
  let referencePriceOffset = 0;
1034
1028
  if (amm.curveUpdateIntensity > 100) {
1035
- maxOffset = Math.max(
1036
- amm.maxSpread / 2,
1037
- (PERCENTAGE_PRECISION.toNumber() / 10000) *
1038
- (amm.curveUpdateIntensity - 100)
1039
- );
1029
+ if (amm.curveUpdateIntensity == 200) {
1030
+ maxOffset = Math.max(amm.maxSpread / 2, 10_000);
1031
+ } else {
1032
+ maxOffset = Math.min(
1033
+ amm.maxSpread / 2,
1034
+ (PERCENTAGE_PRECISION.toNumber() / 10000) *
1035
+ (amm.curveUpdateIntensity - 100)
1036
+ );
1037
+ }
1040
1038
 
1041
1039
  const liquidityFraction =
1042
1040
  calculateInventoryLiquidityRatioForReferencePriceOffset(