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Vault

Functions

receive

  function receive(
) external

only used for unwrapping weth in withdrawETH

initialize

  function initialize(
) external

setTrustedForwarder

  function setTrustedForwarder(
) external

setClearingHouse

  function setClearingHouse(
) external

setCollateralManager

  function setCollateralManager(
) external

setWETH9

  function setWETH9(
) external

deposit

  function deposit(
address token,
uint256 amount
) external

Deposit collateral into vault

Parameters:

NameTypeDescription
tokenaddressThe address of the token to deposit
amountuint256The amount of the token to deposit

depositFor

  function depositFor(
address to,
address token,
uint256 amount
) external

Deposit the collateral token for other account

Parameters:

NameTypeDescription
toaddressThe address of the account to deposit to
tokenaddressThe address of collateral token
amountuint256The amount of the token to deposit

depositEther

  function depositEther(
) external

Deposit ETH as collateral into vault

depositEtherFor

  function depositEtherFor(
address to
) external

Deposit ETH as collateral for specified account

Parameters:

NameTypeDescription
toaddressThe address of the account to deposit to

withdraw

  function withdraw(
address token,
uint256 amount
) external

Withdraw collateral from vault

Parameters:

NameTypeDescription
tokenaddressThe address of the token to withdraw
amountuint256The amount of the token to withdraw

withdrawEther

  function withdrawEther(
uint256 amount
) external

Withdraw ETH from vault

Parameters:

NameTypeDescription
amountuint256The amount of the ETH to withdraw

withdrawAll

  function withdrawAll(
address token
) external returns (uint256 amount)

Withdraw all free collateral from vault

Parameters:

NameTypeDescription
tokenaddressThe address of the token to withdraw

Return Values:

NameTypeDescription
amountuint256The amount of the token withdrawn

withdrawAllEther

  function withdrawAllEther(
) external returns (uint256 amount)

Withdraw all free collateral of ETH from vault

Return Values:

NameTypeDescription
amountuint256The amount of ETH withdrawn

liquidateCollateral

  function liquidateCollateral(
address trader,
address token,
uint256 amount,
bool isDenominatedInSettlementToken
) external returns (uint256)

Liquidate trader's collateral by given settlement token amount or non settlement token amount

Parameters:

NameTypeDescription
traderaddressThe address of trader that will be liquidated
tokenaddressThe address of non settlement collateral token that the trader will be liquidated
amountuint256The amount of settlement token that the liquidator will repay for trader or
          the amount of non-settlement collateral token that the liquidator will charge from trader

|isDenominatedInSettlementToken | bool | Whether the amount is denominated in settlement token or not

Return Values:

NameTypeDescription
returnAmountuint256The amount of a non-settlement token (in its native decimals) that is liquidated
    when `isDenominatedInSettlementToken` is true or the amount of settlement token that is repaid
when `isDenominatedInSettlementToken` is false

getSettlementToken

  function getSettlementToken(
) external returns (address)

Get the settlement token address

We assume the settlement token should match the denominator of the price oracle. i.e. if the settlement token is USDC, then the oracle should be priced in USD

Return Values:

NameTypeDescription
settlementTokenaddressThe address of the settlement token

decimals

  function decimals(
) external returns (uint8)

Get settlement token decimals

cached the settlement token's decimal for gas optimization

Return Values:

NameTypeDescription
decimalsuint8The decimals of settlement token

getTotalDebt

  function getTotalDebt(
) external returns (uint256)

(Deprecated) Get the borrowed settlement token amount from insurance fund

Return Values:

NameTypeDescription
debtAmountuint256The debt amount (in settlement token's decimals)

getClearingHouseConfig

  function getClearingHouseConfig(
) external returns (address)

Get ClearingHouseConfig contract address

Return Values:

NameTypeDescription
clearingHouseConfigaddressThe address of ClearingHouseConfig contract

getAccountBalance

  function getAccountBalance(
) external returns (address)

Get AccountBalance contract address

Return Values:

NameTypeDescription
accountBalanceaddressThe address of AccountBalance contract

getInsuranceFund

  function getInsuranceFund(
) external returns (address)

Get InsuranceFund contract address

Return Values:

NameTypeDescription
insuranceFundaddressThe address of InsuranceFund contract

getExchange

  function getExchange(
) external returns (address)

Get Exchange contract address

Return Values:

NameTypeDescription
exchangeaddressThe address of Exchange contract

getClearingHouse

  function getClearingHouse(
) external returns (address)

Get ClearingHouse contract address

Return Values:

NameTypeDescription
clearingHouseaddressThe address of ClearingHouse contract

getCollateralManager

  function getCollateralManager(
) external returns (address)

Get CollateralManager contract address

Return Values:

NameTypeDescription
clearingHouseaddressThe address of CollateralManager contract

getWETH9

  function getWETH9(
) external returns (address)

Get WETH9 contract address

Return Values:

NameTypeDescription
clearingHouseaddressThe address of WETH9 contract

getFreeCollateral

  function getFreeCollateral(
address trader
) external returns (uint256)

Get the free collateral value denominated in the settlement token of the specified trader

Parameters:

NameTypeDescription
traderaddressThe address of the trader

Return Values:

NameTypeDescription
freeCollateraluint256the value (in settlement token's decimals) of free collateral available
    for withdraw or opening new positions or orders)

getFreeCollateralByRatio

  function getFreeCollateralByRatio(
address trader,
uint24 ratio
) external returns (int256)

Get the free collateral amount of the specified trader and collateral ratio

There are three configurations for different insolvency risk tolerances: conservative, moderate &aggressive. We will start with the conservative one and gradually move to aggressive to increase capital efficiency

Parameters:

NameTypeDescription
traderaddressThe address of the trader
ratiouint24The margin requirement ratio, imRatio or mmRatio

Return Values:

NameTypeDescription
freeCollateralByRatioint256freeCollateral (in settlement token's decimals), by using the
    input margin requirement ratio; can be negative

getSettlementTokenValue

  function getSettlementTokenValue(
address trader
) external returns (int256)

Get the specified trader's settlement value, including pending fee, funding payment, owed realized PnL and unrealized PnL

Note the difference between settlementTokenBalanceX10_S, getSettlementTokenValue() and getBalance(): They are all settlement token balances but with or without pending fee, funding payment, owed realized PnL, unrealized PnL, respectively In practical applications, we use getSettlementTokenValue() to get the trader's debt (if < 0)

Parameters:

NameTypeDescription
traderaddressThe address of the trader

Return Values:

NameTypeDescription
balanceint256The balance amount (in settlement token's decimals)

getAccountValue

  function getAccountValue(
address trader
) external returns (int256)

Get account value of the specified trader

Parameters:

NameTypeDescription
traderaddressThe address of the trader

Return Values:

NameTypeDescription
accountValueX10_Sint256account value (in settlement token's decimals)

getCollateralTokens

  function getCollateralTokens(
address trader
) external returns (address[])

Get the array of collateral token addresses that a trader has in their account

Parameters:

NameTypeDescription
traderaddressThe address of the trader

Return Values:

NameTypeDescription
collateralTokensaddress[]array of collateral token addresses

getBalance

  function getBalance(
address trader
) public returns (int256)

Get the specified trader's settlement token balance, without pending fee, funding payment and owed realized PnL

The function is equivalent to getBalanceByToken(trader, settlementToken) We keep this function solely for backward-compatibility with the older single-collateral system. In practical applications, the developer might want to use getSettlementTokenValue() instead because the latter includes pending fee, funding payment etc. and therefore more accurately reflects a trader's settlement (ex. USDC) balance

Parameters:

NameTypeDescription
traderaddressThe address of the trader

Return Values:

NameTypeDescription
balanceint256The balance amount (in settlement token's decimals)

getBalanceByToken

  function getBalanceByToken(
address trader,
address token
) public returns (int256)

Get the balance of Vault of the specified collateral token and trader

Parameters:

NameTypeDescription
traderaddressThe address of the trader
tokenaddressThe address of the collateral token

Return Values:

NameTypeDescription
balanceint256The balance amount (in its native decimals)

getFreeCollateralByToken

  function getFreeCollateralByToken(
address trader,
address token
) public returns (uint256)

Get the free collateral amount of the specified collateral token of specified trader

getFreeCollateralByToken(token) = (getSettlementTokenValue() >= 0) ? min(getFreeCollateral() / indexPrice[token], getBalanceByToken(token)) : 0 if token is settlementToken, then indexPrice[token] = 1

Parameters:

NameTypeDescription
traderaddressThe address of the trader
tokenaddressThe address of the collateral token

Return Values:

NameTypeDescription
freeCollateraluint256amount of that token (in the token's native decimals)

isLiquidatable

  function isLiquidatable(
address trader
) public returns (bool)

Parameters:

NameTypeDescription
traderaddressThe address of the trader

Return Values:

NameTypeDescription
isLiquidatableboolIf the trader can be liquidated

getMarginRequirementForCollateralLiquidation

  function getMarginRequirementForCollateralLiquidation(
address trader
) public returns (int256)

get the margin requirement for collateral liquidation of a trader

this value is compared with ClearingHouse.getAccountValue() (int)

Parameters:

NameTypeDescription
traderaddressThe address of the trader

Return Values:

NameTypeDescription
marginRequirementint256margin requirement (in 18 decimals)

getCollateralMmRatio

  function getCollateralMmRatio(
) public returns (uint24)

Get the maintenance margin ratio for collateral liquidation

Return Values:

NameTypeDescription
collateralMmRatiouint24The maintenance margin ratio for collateral liquidation

getRepaidSettlementByCollateral

  function getRepaidSettlementByCollateral(
address token,
uint256 collateral
) public returns (uint256 settlementX10_S)

Get a trader's repaid settlement amount by a given collateral amount

Parameters:

NameTypeDescription
tokenaddressThe address of the token of the trader's collateral
collateraluint256The amount of collateral token the liquidator wants to get

Return Values:

NameTypeDescription
settlementX10_Suint256The settlement amount(in settlement token's decimals) the liquidator needs to pay

getLiquidatableCollateralBySettlement

  function getLiquidatableCollateralBySettlement(
address token,
uint256 settlementX10_S
) public returns (uint256 collateral)

Get a trader's liquidatable collateral amount by a given settlement amount

Parameters:

NameTypeDescription
tokenaddressThe address of the token of the trader's collateral
settlementX10_Suint256The amount of settlement token the liquidator wants to pay

Return Values:

NameTypeDescription
collateraluint256The collateral amount(in its native decimals) the liquidator can get

getMaxRepaidSettlementAndLiquidatableCollateral

  function getMaxRepaidSettlementAndLiquidatableCollateral(
address trader,
address token
) public returns (uint256 maxRepaidSettlementX10_S, uint256 maxLiquidatableCollateral)

Get a trader's max repaid settlement & max liquidatable collateral by a given collateral token

formula: maxRepaidSettlement = maxLiquidatableCollateral (indexTwap (1 - discountRatio)) maxLiquidatableCollateral = min(maxRepaidSettlement / (indexTwap * (1 - discountRatio)), getBalanceByToken(trader, token))

Parameters:

NameTypeDescription
traderaddressThe address of the trader
tokenaddressThe address of the token of the trader's collateral

Return Values:

NameTypeDescription
maxRepaidSettlementX10_Suint256The maximum settlement amount(in settlement token's decimals)
    the liquidator needs to pay to liquidate a trader's collateral token

|maxLiquidatableCollateral | uint256 | The maximum liquidatable collateral amount (in the collateral token's native decimals) of a trader

settleBadDebt

  function settleBadDebt(
address trader
) public

Settle trader's bad debt

will only settle the bad debt when trader didn't have position and non-settlement collateral

Parameters:

NameTypeDescription
traderaddressThe address of trader that will be settled