@perena/vault-sdk 1.0.59 → 1.0.60

package/README.md

@@ -928,8 +928,11 @@ use that protocol; both initialized, registered positions are required for the
 USDC split. Other configured stablecoins continue to use Marginfi.
 
 Allocation uses each live position's supplied balance, including accrued value,
-and the actual vault token balance. Withdrawal capacity also checks bank/reserve
-cash, Kamino withdrawal caps and queued redemptions. Utilization can limit a
+and the actual vault token balance. Marginfi withdrawal capacity is capped by both
+bank cash and total assets minus total liabilities, retaining 0.1% of that capacity
+for interest accrual and rounding. This cap does not reduce the position value
+used for allocation weights. Kamino capacity checks reserve cash, withdrawal caps
+and queued redemptions. Utilization can limit a
 rebalance to a partial transfer; subsequent runs retry if weights remain outside
 the band. Each
 mint's withdrawals and deposits share one atomic transaction and use the vault's

package/dist/index.d.ts

@@ -13299,7 +13299,7 @@ interface WithdrawalPosition {
     index: number;
     /** Same account registered twice must not be spent twice. */
     positionKey: string;
-    /** Multiple positions can share one bank/reserve's available cash. */
+    /** Multiple positions share one bank/reserve's cash and protocol limits. */
     poolKey: string;
     poolAvailable: bigint;
     capacity(poolAvailable: bigint): bigint;

package/dist/index.js

@@ -18072,6 +18072,12 @@ function marginfiFixedPointBits(value) {
   }
   return BigInt(value.toString());
 }
+function marginfiWithdrawablePoolLiquidity(bank, cash) {
+  const assets = marginfiFixedPointBits(bank.totalAssetShares.value) * marginfiFixedPointBits(bank.assetShareValue.value) >> 48n;
+  const liabilities = marginfiFixedPointBits(bank.totalLiabilityShares.value) * marginfiFixedPointBits(bank.liabilityShareValue.value) >> 48n;
+  const available = nonnegative(min(cash, assets - liabilities >> 48n));
+  return available * 9990n / 10000n;
+}
 async function readTokenBalance(connection, tokenAccount, tokenProgram) {
   const key = new import_web316.PublicKey(tokenAccount);
   const info = await connection.getAccountInfo(key, "confirmed");
@@ -18239,10 +18245,9 @@ async function loadWithdrawalPosition(args) {
   const deposited = nonnegative(
     marginfiFixedPointBits(balances[target].assetShares.value) * marginfiFixedPointBits(bank.assetShareValue.value) >> 96n
   );
-  const poolAvailable = await readTokenBalance(
-    connection,
-    configured.liquidityVault,
-    tokenProgram
+  const poolAvailable = marginfiWithdrawablePoolLiquidity(
+    bank,
+    await readTokenBalance(connection, configured.liquidityVault, tokenProgram)
   );
   const cpi = new import_marginfi.CpiClient({ accounts: configured }).withdraw_cpi({
     marginfiAccount: userAccount,
@@ -24937,6 +24942,14 @@ var ExternalLiquidityIntegrityService = class {
           result.skipped++;
           continue;
         }
+        for (const position of snapshot2.positions) {
+          const capacity = position.capacity(position.poolAvailable);
+          if (capacity < position.balance) {
+            log(
+              `Vault ${vault} slot ${position.index} (${position.source}): withdrawal capacity ${formatUi(capacity, decimals)} of ${formatUi(position.balance, decimals)} supplied ${mintAddress}`
+            );
+          }
+        }
         const externalAmount = snapshot2.positions.reduce(
           (total, p) => total + p.balance,
           0n

package/package.json

@@ -1,6 +1,6 @@
 {
   "name": "@perena/vault-sdk",
-  "version": "1.0.59",
+  "version": "1.0.60",
   "description": "Vault program helpers for Bankineco integrations.",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",