@swivel-finance/swivel-js
v4.0.3
Published
Javascript library for working with the Swivel Finance Protocol
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Javascript library for working with the Swivel Finance Protocol
Documentation
Find the official documentation for the Swivel protocol at: https://docs.swivel.finance/.
Installation
Installing ethers
In order use swivel-js
you'll need a compatible version (^5.2.0
) of ethers
. Being a peer dependency, you can use any compatible version of ethers
you already have installed in your project.
If you haven't installed a compatible version of ethers
in your project yet, run:
npm install --save ethers
Installing swivel-js
npm install --save @swivel-finance/swivel-js
Quickstart
Swivel-JS provides implementations for the 3 main contracts of the Swivel protocol:
- Swivel (sign orders, initiate/exit/cancel orders, split/combine/redeem tokens)
- MarketPlace (retrieve token/vault information for a market)
- VaultTracker (retrieve vault information for a market and owner)
In most cases you'll want to use the Swivel contract implementation to work with orders and tokens.
Usage
Protocols
Swivel supports 7 different interest-generating protocols and each market on Swivel is tied to a specific protocol. You can select a Protocol using the Protocols
enum:
import { Protocols } from '@swivel-finance/swivel-js';
const protocol = Protocols.Compound;
or you can use the Protocol's numeric value:
/**
* The Protocol's numeric values
*
* Frax = 0
* Compound = 1
* Rari = 2
* Yearn = 3
* Aave = 4
* Euler = 5
* Lido = 6
*/
const protocol = 4; // Aave
Swivel
Create a Swivel instance
import { Swivel } from '@swivel-finance/swivel-js';
import { ethers } from 'ethers';
// you need the address of the deployed swivel contract on the connected network
const swivelAddress = '0x3b983B701406010866bD68331aAed374fb9f50C9';
// create an ethers provider and signer,...
const provider = new ethers.providers.Web3Provider(window.ethereum);
const signer = provider.getSigner();
// ...and use the signer to instantiate the Swivel contract
const swivel = new Swivel(swivelAddress, signer);
Sign an order
import { Swivel } from '@swivel-finance/swivel-js';
import { ethers, utils } from 'ethers';
// you need the chain id of the network you want to use
const chainId = 1;
// you need the address of the deployed swivel contract on that network
const swivelAddress = '0x3b983B701406010866bD68331aAed374fb9f50C9';
// create an ethers provider and signer
const provider = new ethers.providers.Web3Provider(window.ethereum);
const signer = provider.getSigner();
// the order maker is your account address
const maker = await signer.getAddress();
// the order key should be a hash of your account address and a timestamp
const key = utils.keccak256(utils.toUtf8Bytes(`${ maker }${ Date.now() }`));
// you will also need the underlying token address, maturity and protocol of a market
// you can get them from the Swivel Exchange API
const underlying = '0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48';
const maturity = '1648177200';
const protocol = Protocols.Compound;
// create an order
const order: Order = {
key: key,
maker: maker,
underlying: underlying,
maturity: maturity,
protocol: protocol,
vault: false,
exit: false,
principal: '10000000',
premium: '500000',
expiry: '1648177200',
};
// you can now sign the order using the Swivel class' static `signOrder` method
const signature = await Swivel.signOrder(order, signer, swivelAddress, chainId);
Fill an order
import { Swivel } from '@swivel-finance/swivel-js';
import { ethers } from 'ethers';
// you need a subset of the ERC-20 ABI for token allowance and approval
const ERC_20_ABI = [
'function allowance(address owner, address spender) public view returns (uint256)',
'function approve(address spender, uint256 value) public returns (bool)',
];
/**
* Fill an order.
*
* @param amount - the amount of volume to fill
*/
export async function marketOrderFixed (amount: number): Promise<void> {
// convert the amount to a BigNumber with the appropriate amount of decimals (e.g. 18 for DAI)
const fillAmount = ethers.utils.parseUnits(amount.toString(), 18);
// create an ethers provider and signer
const provider = new ethers.providers.Web3Provider(window.ethereum);
const signer = provider.getSigner();
// constants for Swivel on rinkeby (this might be outdated)
const swivelAddress = '0xDe9a819630094dF6dA6FF7CCc77E04Fd3ad0ACFE';
const underlyingAddress = '0x5592EC0cfb4dbc12D3aB100b257153436a1f0FEa';
// create the Swivel contract
const swivel = new Swivel(swivelAddress, signer);
// to fill an order with Swivel, we need to approve Swivel to transfer our tokens
// in order to do this, we need to:
// 1. create an ERC20 contract instance
// 2. check if the Swivel contract has sufficient allowance for the fill amount
// 3. approve the Swivel contract for at least the fill amount
// create the ERC-20 token contract for the underlying (e.g. DAI)
const token = new ethers.Contract(underlyingAddress, ERC_20_ABI, provider);
// check approval
const approvalAmount = await token.allowance(window.ethereum.selectedAddress, swivelAddress) as ethers.BigNumber;
// if not approved approve max uint
// (this frees you from having to approve each single fill)
if (approvalAmount.lt(fillAmount)) {
const approve = await token.approve(swivelAddress, ethers.constants.MaxUint256) as ethers.providers.TransactionResponse;
await approve.wait();
}
// hardcoded nToken purchase order (the order being filled) + signature valid on rinkeby
// in a real-world scenario you would fetch orders from the Preview Market Order API call
const order = {
key: '0x3449db081da0329d51b6757809ce4c1042ea0c110b8980628e46cb4d4b8297fb',
maker: '0x3f60008Dfd0EfC03F476D9B489D6C5B13B3eBF2C',
underlying: '0x5592EC0cfb4dbc12D3aB100b257153436a1f0FEa',
vault: true,
exit: false,
principal: '40000000000000000000000',
premium: '2000000000000000000000',
maturity: '1662089767',
expiry: '1633324220',
};
const signature = '0x2ab021d3577a940b6d2b2f47288dc240fb003c24d0af93751bd3b9354e1df0d03e6d2c47a7bf566d6ec887b6884edb80c80f0890d247a363eb31b1e99d5636ae1c';
// fill the hardcoded order by initiating your position
// each parameter is an array, as multiple orders can be filled at once
const tx = await swivel.initiate([order], [fillAmount.toString()], [signature]) as ethers.providers.TransactionResponse;
// wait for the transaction to confirm
const receipt = await tx.wait();
console.log(receipt);
}
MarketPlace
Create a MarketPlace instance
import { MarketPlace } from '@swivel-finance/swivel-js';
import { ethers } from 'ethers';
// you need the address of the deployed MarketPlace contract
const marketPlaceAddress = '0x998689650D4d55822b4bDd4B7DB5F596bf6b3570';
// create an ethers provider and signer,...
const provider = new ethers.providers.Web3Provider(window.ethereum);
const signer = provider.getSigner();
// ...and use the signer to instantiate the MarketPlace contract
const marketPlace = new MarketPlace(marketPlaceAddress, signer);
Get the interest rate (supply APY) of a market
import { MarketPlace } from '@swivel-finance/swivel-js';
import { ethers } from 'ethers';
// you need the address of the deployed MarketPlace contract
const marketPlaceAddress = '0x998689650D4d55822b4bDd4B7DB5F596bf6b3570';
// create an ethers provider and signer,...
const provider = new ethers.providers.Web3Provider(window.ethereum);
const signer = provider.getSigner();
// ...and use the signer to instantiate the MarketPlace contract
const marketPlace = new MarketPlace(marketPlaceAddress, signer);
// you'll need to know the market's protocol (Compound in this example),
const protocol = Protocols.Compound;
// ...underlying (USDC in this example),
const underlying = '0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48'
// ... and maturity (30/9/2022 in this example)
const maturity = 1664550000;
// get the market info for a specific market
const market = await marketPlace.markets(protocol, underlying, maturity);
// get the market's interest rate (supply APY)
const interestRate = await marketPlace.interestRate(protocol, market.cTokenAddr);
VaultTracker
import { Protocols, VaultTracker } from '@swivel-finance/swivel-js';
import { ethers } from 'ethers';
// create an ethers provider and signer
const provider = new ethers.providers.Web3Provider(window.ethereum);
const signer = provider.getSigner();
// to create a VaultTracker instance you'll need the address of its
// deployed contract - each market has it's own VaultTracker contract
// you can retrieve the address of a VaultTracker by calling the
// `markets` method of the MarketPlace contract
// you will need the underlying token address, maturity and protocol of a market
// you can get them from the Swivel Exchange API
const underlying = '0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48';
const maturity = '1648177200';
const protocol = Protocols.Compound;
// assuming you already created a MarketPlace instance,
// retrieve the desired market information...
const market = await marketPlace.markets(protocol, underlying, maturity);
// ...and extract the `vaultTracker` of the market
const vaultAddress = market.vaultTracker;
// use the `signer` and `vaultAdrress` to instantiate the VaultTracker
const vaultTracker = new VaultTracker(vaultAddress, signer);
Error Handling
The Swivel protocol uses solidity custom errors throughout to provide additional error context to consumers through error parameters. Swivel relies on a single custom error interface to do so:
error Exception(uint8 code, uint256 amountReceived, uint256 amountExpected, address addressReceived, address addressExpected);
Each error has a unique code
and, depending on the code
, the amount
and address
parameters will be set to provide relevant context to the error instance.
swivel-js
provides helpers to easily extract custom error data from failed transactions, as well as a mapping of Exception
codes to human-readable error names and fully formatted error messages. The easiest way to handle custom errors using swivel-js
is by using the parseSwivelError
method:
import { parseSwivelError, Swivel } from '@swivel-finance/swivel-js';
import { ethers } from 'ethers';
// you need the address of the deployed swivel contract on the connected network
const swivelAddress = '0x3b983B701406010866bD68331aAed374fb9f50C9';
// create an ethers provider and signer,...
const provider = new ethers.providers.Web3Provider(window.ethereum);
const signer = provider.getSigner();
// ...and use the signer to instantiate the Swivel contract
const swivel = new Swivel(swivelAddress, signer);
// assume you have an order and its signature...
const order = {...};
const signature = '...';
// ...and you'd like to fill the order with 100 underlying
const amount = ethers.utils.parseUnits('100', 18);
// use a try/catch block around your transaction
try {
const tx = await swivel.initiate([order], [amount], [signature]);
const receipt = await tx.wait();
} catch (error) {
// if the transaction fails, you will receive an ethers error which
// will usually be a `CALL_EXCEPTION` or `UNPREDICTABLE_GAS_LIMIT`
// regardless of the ethers error, you can pass it to the
// `parseSwivelError` method, which will extract the custom error
// data (if it is available) and create a `SwivelError` instance,
// populating it with a human-readable error name and formatted error message
// if the ethers error does not contain any custom error data,
// `parseSwivelError` will return `undefined`
const swivelError = parseSwivelError(error);
if (swivelError) {
// you can notify users with a useful error message
alert(swivelError.message);
} else {
// something else went wrong, you'll need to handle the ethers error
}
}
Deployed Contract Addresses
To connect a Swivel or MarketPlace instance to the deployed contract on the Ethereum network, you'll need to know the contract address. You can find the currently deployed addresses here: https://github.com/Swivel-Finance/swivel#current-deployments
Other Providers
You can use ethers.js to connect to the Ethereum network in different ways, not only using MetaMask. Please refer to the ethers.js documentation for different ways to connect: https://docs.ethers.io/v5/getting-started/#getting-started--connecting.
Once you have created a provider and a signer, creating a Swivel, MarketPlace or VaultTracker instance is identical to the steps illustrated above.