@the-situation/indexer 0.13.0 → 0.14.0

package/dist/etl/lp-position-refresher.js

@@ -5,7 +5,19 @@ import { Effect } from 'effect';
 import { ChainReaderTag } from '../services/ChainReader';
 import { DatabaseTag } from '../services/Database';
 const TWO_128 = Number(2n ** 128n);
-export const refreshLPPosition = (marketAddress, provider, marketType = 'normal') => Effect.gen(function* () {
+const RPC_CONCURRENCY = 5;
+let bootstrapDiscoveryCursor = 0;
+function lpPositionCacheKey(marketAddress, provider) {
+    return `${marketAddress}\u0000${provider}`;
+}
+function computeNetTraderPnl(positions) {
+    let netTraderPnl = 0;
+    for (const position of positions) {
+        netTraderPnl += (position.unrealized_pnl ?? 0) + (position.realized_pnl ?? 0);
+    }
+    return netTraderPnl;
+}
+export const refreshLPPosition = (marketAddress, provider, marketType = 'normal', context = {}) => Effect.gen(function* () {
     const db = yield* DatabaseTag;
     const chain = yield* ChainReaderTag;
     if (marketType === 'multinoulli') {
@@ -19,7 +31,7 @@ export const refreshLPPosition = (marketAddress, provider, marketType = 'normal'
     }
     const { shares, sharesNumber } = sharesResult.right;
     // Get pool totals from market state
-    const marketState = db.marketState.findByMarket(marketAddress);
+    const marketState = context.marketStateByMarket?.get(marketAddress) ?? db.marketState.findByMarket(marketAddress);
     let currentValue = null;
     let totalShares = 0;
     let totalBacking = 0;
@@ -31,21 +43,19 @@ export const refreshLPPosition = (marketAddress, provider, marketType = 'normal'
             // IMPORTANT: the contract drains LP backing by amplifier × position_value
             // for each trader claim. Without the amplifier, this estimate is too high
             // on markets with payoutAmplifier > 1.
-            const traderPositions = db.positions.findByMarket(marketAddress);
             // Sum unrealized + realized PnL. For settled markets, unrealized=0
             // and realized has the finalized value. For active, unrealized is live.
             // NOTE: these PnL values ALREADY include the payout amplifier (the
             // position refresher passes payoutAmplifier to computePositionValueAtPoint).
             // Do NOT multiply by payoutAmplifier again — that double-counts it.
-            const netTraderPnl = traderPositions.reduce((sum, p) => {
-                const pnl = (p.unrealized_pnl ?? 0) + (p.realized_pnl ?? 0);
-                return sum + pnl;
-            }, 0);
+            const netTraderPnl = context.netTraderPnlByMarket?.get(marketAddress) ??
+                computeNetTraderPnl(db.positions.findByMarket(marketAddress));
             const adjustedBacking = totalBacking - netTraderPnl;
             currentValue = (sharesNumber / totalShares) * adjustedBacking;
         }
     }
-    const existing = db.lpPositions.findOne(marketAddress, provider);
+    const existing = context.existingLPByKey?.get(lpPositionCacheKey(marketAddress, provider)) ??
+        db.lpPositions.findOne(marketAddress, provider);
     let netDeposited = (existing?.total_deposited ?? 0) - (existing?.total_withdrawn ?? 0);
     // If shares value at par (ignoring trader PnL) exceeds tracked deposits,
     // the gap is from the market initialization bootstrap which doesn't appear
@@ -66,8 +76,7 @@ export const refreshLPPosition = (marketAddress, provider, marketType = 'normal'
         unrealized_pnl: unrealizedPnl,
     });
     // Backfill entry distribution if not yet populated
-    const lpRow = db.lpPositions.findOne(marketAddress, provider);
-    if (lpRow && lpRow.entry_mean == null && marketState) {
+    if (existing && existing.entry_mean == null && marketState) {
         db.lpPositions.upsertEntryDistribution(marketAddress, provider, marketState.mean ?? null, marketState.sigma ?? null, marketState.k ?? null);
     }
     return { marketAddress, provider, success: true };
@@ -80,17 +89,26 @@ export const refreshLPPosition = (marketAddress, provider, marketType = 'normal'
  */
 export const discoverBootstrapperLPs = Effect.gen(function* () {
     const db = yield* DatabaseTag;
-    // Find market_initialized events where the initializer has no LP position
+    // Scan only newly indexed market_initialized events since the previous pass.
     const rawDb = db.db;
     const missing = rawDb
-        .query(`SELECT DISTINCT me.market_address, LOWER(me.trader) AS provider
+        .query(`SELECT DISTINCT me.id AS event_id, me.market_address, LOWER(me.trader) AS provider
        FROM market_events me
        LEFT JOIN lp_positions lp
          ON lp.market_address = me.market_address AND lp.provider = LOWER(me.trader)
-       WHERE me.event_type = 'market_initialized'
+       WHERE me.id > ?
+         AND me.event_type = 'market_initialized'
          AND me.trader IS NOT NULL
          AND lp.provider IS NULL`)
-        .all();
+        .all(bootstrapDiscoveryCursor);
+    const maxSeenRow = rawDb
+        .query(`SELECT MAX(id) AS max_id
+       FROM market_events
+       WHERE event_type = 'market_initialized'`)
+        .get();
+    if (maxSeenRow.max_id != null) {
+        bootstrapDiscoveryCursor = Math.max(bootstrapDiscoveryCursor, maxSeenRow.max_id);
+    }
     for (const row of missing) {
         db.lpPositions.ensureProvider(row.market_address, row.provider);
         db.lpPositions.recomputeFromEvents(row.market_address, row.provider);
@@ -102,15 +120,50 @@ export const refreshAllLPPositions = Effect.gen(function* () {
     // First, discover any bootstrapper LPs that were missed historically
     yield* discoverBootstrapperLPs;
     const allLP = db.lpPositions.findAll();
+    if (allLP.length === 0)
+        return [];
     const markets = db.markets.findAll(true);
-    const marketTypeMap = new Map(markets.map((m) => [m.address, (m.market_type ?? 'normal')]));
-    const activeLPs = allLP.filter((lp) => marketTypeMap.has(lp.market_address));
+    if (markets.length === 0)
+        return [];
+    const marketTypeMap = new Map();
+    for (const market of markets) {
+        marketTypeMap.set(market.address, (market.market_type ?? 'normal'));
+    }
+    const activeLPs = [];
+    for (const lp of allLP) {
+        if (marketTypeMap.has(lp.market_address)) {
+            activeLPs.push(lp);
+        }
+    }
     if (activeLPs.length === 0)
         return [];
-    const effects = activeLPs.map((lp) => {
-        const mt = marketTypeMap.get(lp.market_address) ?? 'normal';
-        return refreshLPPosition(lp.market_address, lp.provider, mt);
-    });
-    return yield* Effect.all(effects, { concurrency: 5 });
+    const netTraderPnlByMarket = new Map();
+    for (const marketAddress of marketTypeMap.keys()) {
+        netTraderPnlByMarket.set(marketAddress, 0);
+    }
+    const activeMarketAddresses = Array.from(marketTypeMap.keys());
+    if (activeMarketAddresses.length > 0) {
+        const placeholders = activeMarketAddresses.map(() => '?').join(', ');
+        const pnlRows = db.db
+            .query(`SELECT market_address,
+                COALESCE(SUM(COALESCE(unrealized_pnl, 0) + COALESCE(realized_pnl, 0)), 0) AS net_pnl
+         FROM user_positions
+         WHERE market_address IN (${placeholders})
+         GROUP BY market_address`)
+            .all(...activeMarketAddresses);
+        for (const row of pnlRows) {
+            netTraderPnlByMarket.set(row.market_address, row.net_pnl);
+        }
+    }
+    const existingLPByKey = new Map();
+    for (const lp of activeLPs) {
+        existingLPByKey.set(lpPositionCacheKey(lp.market_address, lp.provider), lp);
+    }
+    const refreshContext = {
+        marketStateByMarket: db.marketState.findAllAsMap(),
+        netTraderPnlByMarket,
+        existingLPByKey,
+    };
+    return yield* Effect.forEach(activeLPs, (lp) => refreshLPPosition(lp.market_address, lp.provider, marketTypeMap.get(lp.market_address) ?? 'normal', refreshContext), { concurrency: RPC_CONCURRENCY });
 });
 //# sourceMappingURL=lp-position-refresher.js.map

package/dist/etl/lp-position-refresher.js.map

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package/dist/etl/position-refresher.d.ts

@@ -5,8 +5,14 @@ import { Effect } from 'effect';
 import { ChainReaderTag } from '../services/ChainReader';
 import { DatabaseTag } from '../services/Database';
 import { EventBusTag } from '../services/EventBus';
-import type { MarketType } from '../types';
+import type { MarketStateRow, MarketType, MultinoulliMarketStateRow, UserPositionRow } from '../types';
 import type { PositionRefreshResult } from './types';
-export declare const refreshPosition: (marketAddress: string, trader: string, marketType?: MarketType) => Effect.Effect<PositionRefreshResult, never, DatabaseTag | ChainReaderTag | EventBusTag>;
-export declare const refreshAllPositions: Effect.Effect<PositionRefreshResult[], never, DatabaseTag | ChainReaderTag | EventBusTag>;
+interface PositionRefreshContext {
+    readonly marketStateByMarket?: ReadonlyMap<string, MarketStateRow>;
+    readonly multinoulliMarketStateByMarket?: ReadonlyMap<string, MultinoulliMarketStateRow>;
+    readonly existingPositionsByKey?: ReadonlyMap<string, UserPositionRow>;
+}
+export declare const refreshPosition: (marketAddress: string, trader: string, marketType?: MarketType, context?: PositionRefreshContext) => Effect.Effect<PositionRefreshResult, never, DatabaseTag | ChainReaderTag | EventBusTag>;
+export declare const refreshAllPositions: Effect.Effect<PositionRefreshResult[], never, ChainReaderTag | DatabaseTag | EventBusTag>;
+export {};
 //# sourceMappingURL=position-refresher.d.ts.map

package/dist/etl/position-refresher.d.ts.map

@@ -1 +1 @@
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package/dist/etl/position-refresher.js

@@ -26,10 +26,25 @@ function isPositionClosed(positionState, claimed, marketIsSettled) {
     }
     return false;
 }
-export const refreshPosition = (marketAddress, trader, marketType = 'normal') => Effect.gen(function* () {
+function positionCacheKey(marketAddress, trader) {
+    return `${marketAddress}\u0000${trader}`;
+}
+export const refreshPosition = (marketAddress, trader, marketType = 'normal', context = {}) => Effect.gen(function* () {
     const db = yield* DatabaseTag;
     const chain = yield* ChainReaderTag;
     const bus = yield* EventBusTag;
+    const cachedPositionKey = positionCacheKey(marketAddress, trader);
+    let existingPositionResolved = false;
+    let existingPosition = null;
+    const getExistingPosition = () => {
+        if (!existingPositionResolved) {
+            existingPositionResolved = true;
+            existingPosition =
+                context.existingPositionsByKey?.get(cachedPositionKey) ??
+                    db.positions.findOne(marketAddress, trader);
+        }
+        return existingPosition;
+    };
     if (marketType === 'multinoulli') {
         const posResult = yield* Effect.either(chain.readMultinoulliPosition(marketAddress, trader));
         if (posResult._tag === 'Left') {
@@ -45,7 +60,8 @@ export const refreshPosition = (marketAddress, trader, marketType = 'normal') =>
         let expectedValue = null;
         let unrealizedPnl = null;
         let realizedPnl = null;
-        const mState = db.multinoulliMarketState.findByMarket(marketAddress);
+        const mState = context.multinoulliMarketStateByMarket?.get(marketAddress) ??
+            db.multinoulliMarketState.findByMarket(marketAddress);
         const marketIsSettled = mState?.is_settled === 1;
         const isClosed = isPositionClosed(pos.settlementState, pos.claimed, marketIsSettled);
         // Compute EV if we have the distribution data (works for both active and closed)
@@ -70,7 +86,7 @@ export const refreshPosition = (marketAddress, trader, marketType = 'normal') =>
         if (isClosed) {
             expectedValue = 0;
             unrealizedPnl = 0;
-            const prev = db.positions.findOne(marketAddress, trader);
+            const prev = getExistingPosition();
             if (prev?.realized_pnl != null && prev.realized_pnl !== 0) {
                 realizedPnl = prev.realized_pnl;
             }
@@ -124,7 +140,7 @@ export const refreshPosition = (marketAddress, trader, marketType = 'normal') =>
     let expectedValue = null;
     let unrealizedPnl = null;
     let realizedPnl = null;
-    const marketState = db.marketState.findByMarket(marketAddress);
+    const marketState = context.marketStateByMarket?.get(marketAddress) ?? db.marketState.findByMarket(marketAddress);
     const marketIsSettled = marketState?.is_settled === 1;
     const isClosed = isPositionClosed(pos.settlementState, pos.claimed, marketIsSettled);
     // Compute EV if we have the distribution data (works for both active and closed)
@@ -188,7 +204,7 @@ export const refreshPosition = (marketAddress, trader, marketType = 'normal') =>
         expectedValue = 0;
         unrealizedPnl = 0;
         // Use computed PnL as realized, or fall back to previously stored value
-        const prev = db.positions.findOne(marketAddress, trader);
+        const prev = getExistingPosition();
         if (prev?.realized_pnl != null && prev.realized_pnl !== 0) {
             realizedPnl = prev.realized_pnl; // already captured with real value
         }
@@ -204,7 +220,7 @@ export const refreshPosition = (marketAddress, trader, marketType = 'normal') =>
             // Reconstruct from: DB-preserved effective_* (if any), or fall back
             // to the DB-preserved original distribution (mean/sigma from the
             // position table, which we now preserve across refreshes).
-            const prevPos = prev ?? db.positions.findOne(marketAddress, trader);
+            const prevPos = prev;
             const origMean = pos.mean ?? prevPos?.mean ?? null;
             const origSigma = pos.sigma ?? prevPos?.sigma ?? null;
             const effMean = pos.effectiveMean ?? prevPos?.effective_mean ?? null;
@@ -249,7 +265,7 @@ export const refreshPosition = (marketAddress, trader, marketType = 'normal') =>
     // After settlement the contract clears position distribution data.
     // Preserve the DB's existing values, or reconstruct from event history
     // as a last resort for positions where data was already lost.
-    const prevPos = isClosed ? db.positions.findOne(marketAddress, trader) : null;
+    const prevPos = isClosed ? getExistingPosition() : null;
     // If both chain and DB are null, try to reconstruct from events.
     // The last trade_executed event for this trader has the effective (new)
     // distribution; the first trade has the original distribution.
@@ -258,20 +274,12 @@ export const refreshPosition = (marketAddress, trader, marketType = 'normal') =>
     let eventOrigMean = null;
     let eventOrigSigma = null;
     if (isClosed && pos.effectiveMean == null && prevPos?.effective_mean == null) {
-        // Direct query: get this trader's trades on this specific market, ordered by time
-        const trades = db.db
-            .query(`SELECT mean, std_dev, old_mean, old_std_dev
-           FROM market_events
-           WHERE market_address = ? AND LOWER(trader) = ? AND event_type = 'trade_executed'
-           ORDER BY timestamp ASC`)
-            .all(marketAddress.toLowerCase(), trader.toLowerCase());
-        if (trades.length > 0) {
-            const lastTrade = trades[trades.length - 1];
-            const firstTrade = trades[0];
-            eventMean = lastTrade.mean;
-            eventSigma = lastTrade.std_dev;
-            eventOrigMean = firstTrade.old_mean ?? null;
-            eventOrigSigma = firstTrade.old_std_dev ?? null;
+        const tradeBounds = db.events.findTradeBoundsByMarketAndTrader(marketAddress, trader);
+        if (tradeBounds) {
+            eventMean = tradeBounds.last_mean;
+            eventSigma = tradeBounds.last_std_dev;
+            eventOrigMean = tradeBounds.first_old_mean;
+            eventOrigSigma = tradeBounds.first_old_std_dev;
             log.info('backfilled position distributions from events', {
                 market: marketAddress.slice(0, 16),
                 trader: trader.slice(0, 16),
@@ -311,26 +319,26 @@ export const refreshPosition = (marketAddress, trader, marketType = 'normal') =>
 const RPC_CONCURRENCY = 5;
 export const refreshAllPositions = Effect.gen(function* () {
     const db = yield* DatabaseTag;
-    const allPositions = db.positions.findAll();
     const markets = db.markets.findAll(true);
+    if (markets.length === 0)
+        return [];
+    const activePositions = db.positions.findByActiveMarkets();
+    if (activePositions.length === 0)
+        return [];
     // Build market type lookup from active markets only
     const marketTypeMap = new Map();
     for (const m of markets) {
         marketTypeMap.set(m.address, (m.market_type ?? 'normal'));
     }
-    // Only refresh positions for markets that are still active in the indexer.
-    // Positions for deleted/inactive markets are skipped to avoid calling
-    // the wrong contract entrypoint (e.g. normal ABI on a multinoulli contract).
-    const activePositions = allPositions.filter((pos) => {
-        if (marketTypeMap.has(pos.market_address)) {
-            return true;
-        }
-        return false;
-    });
-    const effects = activePositions.map((pos) => {
-        const marketType = marketTypeMap.get(pos.market_address);
-        return refreshPosition(pos.market_address, pos.trader, marketType);
-    });
-    return yield* Effect.all(effects, { concurrency: RPC_CONCURRENCY });
+    const existingPositionsByKey = new Map();
+    for (const pos of activePositions) {
+        existingPositionsByKey.set(positionCacheKey(pos.market_address, pos.trader), pos);
+    }
+    const refreshContext = {
+        marketStateByMarket: db.marketState.findAllAsMap(),
+        multinoulliMarketStateByMarket: db.multinoulliMarketState.findAllAsMap(),
+        existingPositionsByKey,
+    };
+    return yield* Effect.forEach(activePositions, (pos) => refreshPosition(pos.market_address, pos.trader, marketTypeMap.get(pos.market_address), refreshContext), { concurrency: RPC_CONCURRENCY });
 });
 //# sourceMappingURL=position-refresher.js.map

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package/dist/etl/state-refresher.d.ts

@@ -2,8 +2,13 @@ import { Effect } from 'effect';
 import { ChainReaderTag } from '../services/ChainReader';
 import { DatabaseTag } from '../services/Database';
 import { EventBusTag } from '../services/EventBus';
-import type { MarketType } from '../types';
+import type { MarketStateRow, MarketType } from '../types';
 import type { StateRefreshResult } from './types';
-export declare const refreshMarketState: (marketAddress: string, marketType?: MarketType) => Effect.Effect<StateRefreshResult, never, DatabaseTag | ChainReaderTag | EventBusTag>;
-export declare const refreshAllMarketStates: Effect.Effect<StateRefreshResult[], never, DatabaseTag | ChainReaderTag | EventBusTag>;
+interface StateRefreshContext {
+    readonly existingMarketStateByMarket?: ReadonlyMap<string, MarketStateRow>;
+    readonly multinoulliSnapshotCountByMarket?: ReadonlyMap<string, number>;
+}
+export declare const refreshMarketState: (marketAddress: string, marketType?: MarketType, context?: StateRefreshContext) => Effect.Effect<StateRefreshResult, never, DatabaseTag | ChainReaderTag | EventBusTag>;
+export declare const refreshAllMarketStates: Effect.Effect<StateRefreshResult[], never, ChainReaderTag | DatabaseTag | EventBusTag>;
+export {};
 //# sourceMappingURL=state-refresher.d.ts.map

package/dist/etl/state-refresher.d.ts.map

@@ -1 +1 @@
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+{"version":3,"file":"state-refresher.d.ts","sourceRoot":"","sources":["../../src/etl/state-refresher.ts"],"names":[],"mappings":"AAIA,OAAO,EAAE,MAAM,EAAE,MAAM,QAAQ,CAAC;AAChC,OAAO,EAAE,cAAc,EAAE,MAAM,yBAAyB,CAAC;AACzD,OAAO,EAAE,WAAW,EAAE,MAAM,sBAAsB,CAAC;AACnD,OAAO,EAAE,WAAW,EAAE,MAAM,sBAAsB,CAAC;AACnD,OAAO,KAAK,EAAE,cAAc,EAAE,UAAU,EAAE,MAAM,UAAU,CAAC;AAE3D,OAAO,KAAK,EAAE,kBAAkB,EAAE,MAAM,SAAS,CAAC;AAMlD,UAAU,mBAAmB;IAC3B,QAAQ,CAAC,2BAA2B,CAAC,EAAE,WAAW,CAAC,MAAM,EAAE,cAAc,CAAC,CAAC;IAC3E,QAAQ,CAAC,gCAAgC,CAAC,EAAE,WAAW,CAAC,MAAM,EAAE,MAAM,CAAC,CAAC;CACzE;AAyFD,eAAO,MAAM,kBAAkB,GAC7B,eAAe,MAAM,EACrB,aAAY,UAAqB,EACjC,UAAS,mBAAwB,KAChC,MAAM,CAAC,MAAM,CAAC,kBAAkB,EAAE,KAAK,EAAE,WAAW,GAAG,cAAc,GAAG,WAAW,CAiKlF,CAAC;AAIL,eAAO,MAAM,sBAAsB,wFAqCjC,CAAC"}