nautilus-model 0.62.0

Domain model for the Nautilus trading engine
Documentation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515
516
517
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
556
557
558
559
560
561
562
563
564
565
566
567
568
569
570
571
572
573
574
575
576
577
578
579
580
581
582
583
584
585
586
587
588
589
590
591
592
593
594
595
596
597
598
599
600
601
602
603
604
605
606
607
608
609
610
611
612
613
614
615
616
617
618
619
620
621
622
623
624
625
626
627
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
650
651
652
653
654
655
656
657
658
659
660
661
662
663
664
665
666
667
668
669
670
671
672
673
674
675
676
677
678
679
680
681
682
683
684
685
686
687
688
689
690
691
692
693
694
695
696
697
698
699
700
701
702
703
704
705
706
707
708
709
710
711
712
713
714
715
716
717
718
719
720
721
722
723
724
725
726
727
728
729
730
731
732
733
734
735
736
737
738
739
740
741
742
743
744
745
746
747
748
749
750
751
752
753
754
755
756
757
758
759
760
761
762
763
764
765
766
767
768
769
770
771
772
773
774
775
776
777
778
779
780
781
782
783
784
785
786
787
788
789
790
791
792
793
794
// -------------------------------------------------------------------------------------------------
//  Copyright (C) 2015-2026 Nautech Systems Pty Ltd. All rights reserved.
//  https://nautechsystems.io
//
//  Licensed under the GNU Lesser General Public License Version 3.0 (the "License");
//  You may not use this file except in compliance with the License.
//  You may obtain a copy of the License at https://www.gnu.org/licenses/lgpl-3.0.en.html
//
//  Unless required by applicable law or agreed to in writing, software
//  distributed under the License is distributed on an "AS IS" BASIS,
//  WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
//  See the License for the specific language governing permissions and
//  limitations under the License.
// -------------------------------------------------------------------------------------------------

use std::{collections::HashMap, fmt::Display};

use nautilus_core::{Params, UUID4, UnixNanos};
use serde::{Deserialize, Serialize, Serializer, ser::SerializeStruct};

use crate::{
    enums::AccountType,
    identifiers::{AccountId, InstrumentId},
    types::{AccountBalance, Currency, MarginBalance, balance::WalletAccountBalances},
};

/// Represents an event which includes information on the state of the account.
///
/// The optional `info` bag carries venue-specific account data that does not map
/// to the typed `balances` and `margins` fields, such as wallet balance,
/// available balance, or an account summary, so consumers can read the venue
/// context that accompanied a given snapshot.
#[repr(C)]
#[derive(Debug, Clone, Deserialize)]
#[cfg_attr(
    feature = "python",
    pyo3::pyclass(module = "nautilus_trader.model", from_py_object)
)]
#[cfg_attr(
    feature = "python",
    pyo3_stub_gen::derive::gen_stub_pyclass(module = "nautilus_trader.model")
)]
pub struct AccountState {
    /// The account ID associated with the event.
    pub account_id: AccountId,
    /// The type of the account (e.g., margin, spot, etc.).
    pub account_type: AccountType,
    /// The base currency for the account, if applicable.
    pub base_currency: Option<Currency>,
    /// The balances in the account.
    pub balances: Vec<AccountBalance>,
    /// The margin balances in the account.
    pub margins: Vec<MarginBalance>,
    /// Indicates if the account state is reported by the exchange
    /// (as opposed to system-calculated).
    pub is_reported: bool,
    /// The unique identifier for the event.
    pub event_id: UUID4,
    /// UNIX timestamp (nanoseconds) when the event occurred.
    pub ts_event: UnixNanos,
    /// UNIX timestamp (nanoseconds) when the event was initialized.
    pub ts_init: UnixNanos,
    /// Additional implementation-specific account information, if any.
    #[serde(default, skip_serializing_if = "Option::is_none")]
    pub info: Option<Params>,
}

impl Serialize for AccountState {
    fn serialize<S>(&self, serializer: S) -> Result<S::Ok, S::Error>
    where
        S: Serializer,
    {
        let field_count = 9 + usize::from(self.info.is_some());
        let mut state = serializer.serialize_struct("AccountState", field_count)?;
        state.serialize_field("account_id", &self.account_id)?;
        state.serialize_field("account_type", &self.account_type)?;
        state.serialize_field("base_currency", &self.base_currency)?;
        if self.account_type == AccountType::Wallet {
            state.serialize_field("balances", &WalletAccountBalances::new(&self.balances))?;
        } else {
            state.serialize_field("balances", &self.balances)?;
        }
        state.serialize_field("margins", &self.margins)?;
        state.serialize_field("is_reported", &self.is_reported)?;
        state.serialize_field("event_id", &self.event_id)?;
        state.serialize_field("ts_event", &self.ts_event)?;
        state.serialize_field("ts_init", &self.ts_init)?;
        if let Some(info) = &self.info {
            state.serialize_field("info", info)?;
        }
        state.end()
    }
}

impl AccountState {
    /// Creates a new [`AccountState`] instance.
    #[expect(clippy::too_many_arguments)]
    #[must_use]
    pub fn new(
        account_id: AccountId,
        account_type: AccountType,
        balances: Vec<AccountBalance>,
        margins: Vec<MarginBalance>,
        is_reported: bool,
        event_id: UUID4,
        ts_event: UnixNanos,
        ts_init: UnixNanos,
        base_currency: Option<Currency>,
    ) -> Self {
        Self {
            account_id,
            account_type,
            base_currency,
            balances,
            margins,
            is_reported,
            event_id,
            ts_event,
            ts_init,
            info: None,
        }
    }

    /// Attaches additional implementation-specific account information to this event.
    #[must_use]
    pub fn with_info(mut self, info: Option<Params>) -> Self {
        self.info = info;
        self
    }

    /// Returns `true` if this account state has the same balances and margins as another.
    ///
    /// This compares all balances and margins for equality, returning `true` only if
    /// all balances and margins are equal. If any balance or margin is different or
    /// missing, returns `false`.
    ///
    /// # Note
    ///
    /// This method does not compare event IDs, timestamps, or other metadata - only
    /// the actual balance and margin values.
    #[must_use]
    pub fn has_same_balances_and_margins(&self, other: &Self) -> bool {
        // Quick check - if lengths differ, they can't be equal
        if self.balances.len() != other.balances.len() || self.margins.len() != other.margins.len()
        {
            return false;
        }

        // Compare balances by currency
        let self_balances: HashMap<Currency, &AccountBalance> = self
            .balances
            .iter()
            .map(|balance| (balance.currency, balance))
            .collect();

        let other_balances: HashMap<Currency, &AccountBalance> = other
            .balances
            .iter()
            .map(|balance| (balance.currency, balance))
            .collect();

        // Check if all balances are equal
        for (currency, self_balance) in &self_balances {
            match other_balances.get(currency) {
                Some(other_balance) => {
                    if self_balance != other_balance {
                        return false;
                    }
                }
                None => return false, // Currency missing in other
            }
        }

        // Compare margins by (instrument_id, currency) so that account-wide
        // entries (instrument_id = None) for different collateral currencies
        // do not collide.
        let self_margins: HashMap<(Option<InstrumentId>, Currency), &MarginBalance> = self
            .margins
            .iter()
            .map(|margin| ((margin.instrument_id, margin.currency), margin))
            .collect();

        let other_margins: HashMap<(Option<InstrumentId>, Currency), &MarginBalance> = other
            .margins
            .iter()
            .map(|margin| ((margin.instrument_id, margin.currency), margin))
            .collect();

        // Check if all margins are equal
        for (key, self_margin) in &self_margins {
            match other_margins.get(key) {
                Some(other_margin) => {
                    if self_margin != other_margin {
                        return false;
                    }
                }
                None => return false, // Entry missing in other
            }
        }

        true
    }
}

impl Display for AccountState {
    fn fmt(&self, f: &mut std::fmt::Formatter<'_>) -> std::fmt::Result {
        write!(
            f,
            "{}(account_id={}, account_type={}, base_currency={}, is_reported={}, balances=[{}], margins=[{}], event_id={})",
            stringify!(AccountState),
            self.account_id,
            self.account_type,
            self.base_currency.map_or_else(
                || "None".to_string(),
                |base_currency| format!("{}", base_currency.code)
            ),
            self.is_reported,
            self.balances
                .iter()
                .map(|b| format!("{b}"))
                .collect::<Vec<String>>()
                .join(", "),
            self.margins
                .iter()
                .map(|m| format!("{m}"))
                .collect::<Vec<String>>()
                .join(", "),
            self.event_id
        )
    }
}

impl PartialEq for AccountState {
    fn eq(&self, other: &Self) -> bool {
        self.account_id == other.account_id
            && self.account_type == other.account_type
            && self.event_id == other.event_id
    }
}

#[cfg(test)]
mod tests {
    #[cfg(feature = "defi")]
    use std::process::Command;

    use indexmap::IndexMap;
    use nautilus_core::{Params, UUID4, UnixNanos};
    use rstest::rstest;
    use serde_json::json;

    use crate::{
        enums::{AccountType, CurrencyType},
        events::{
            AccountState,
            account::stubs::{cash_account_state, margin_account_state},
        },
        identifiers::{AccountId, InstrumentId},
        types::{AccountBalance, Currency, MarginBalance, Money},
    };

    #[rstest]
    fn test_equality() {
        let cash_account_state_1 = cash_account_state();
        let cash_account_state_2 = cash_account_state();
        assert_eq!(cash_account_state_1, cash_account_state_2);
    }

    #[rstest]
    fn test_display_cash_account_state(cash_account_state: AccountState) {
        let display = format!("{cash_account_state}");
        assert_eq!(
            display,
            "AccountState(account_id=SIM-001, account_type=CASH, base_currency=USD, is_reported=true, \
            balances=[AccountBalance(total=1525000.00 USD, locked=25000.00 USD, free=1500000.00 USD)], \
            margins=[], event_id=16578139-a945-4b65-b46c-bc131a15d8e7)"
        );
    }

    #[rstest]
    fn test_display_margin_account_state(margin_account_state: AccountState) {
        let display = format!("{margin_account_state}");
        assert_eq!(
            display,
            "AccountState(account_id=SIM-001, account_type=MARGIN, base_currency=USD, is_reported=true, \
            balances=[AccountBalance(total=1525000.00 USD, locked=25000.00 USD, free=1500000.00 USD)], \
            margins=[MarginBalance(initial=5000.00 USD, maintenance=20000.00 USD, instrument_id=BTCUSDT.COINBASE)], \
            event_id=16578139-a945-4b65-b46c-bc131a15d8e7)"
        );
    }

    #[rstest]
    fn test_has_same_balances_and_margins_when_identical() {
        let state1 = cash_account_state();
        let state2 = cash_account_state();
        assert!(state1.has_same_balances_and_margins(&state2));
    }

    #[rstest]
    fn test_has_same_balances_and_margins_when_different_balance_amounts() {
        let state1 = cash_account_state();
        let mut state2 = cash_account_state();
        // Create a different balance with same currency
        let usd = Currency::USD();
        let different_balance = AccountBalance::new(
            Money::new(2_000_000.0, usd),
            Money::new(50000.0, usd),
            Money::new(1_950_000.0, usd),
        );
        state2.balances = vec![different_balance];
        assert!(!state1.has_same_balances_and_margins(&state2));
    }

    #[rstest]
    fn test_has_same_balances_and_margins_when_different_balance_currencies() {
        let state1 = cash_account_state();
        let mut state2 = cash_account_state();
        // Create a balance with different currency
        let eur = Currency::EUR();
        let different_balance = AccountBalance::new(
            Money::new(1_525_000.0, eur),
            Money::new(25000.0, eur),
            Money::new(1_500_000.0, eur),
        );
        state2.balances = vec![different_balance];
        assert!(!state1.has_same_balances_and_margins(&state2));
    }

    #[rstest]
    fn test_has_same_balances_and_margins_when_missing_balance() {
        let state1 = cash_account_state();
        let mut state2 = cash_account_state();
        // Add an additional balance to state2
        let eur = Currency::EUR();
        let additional_balance = AccountBalance::new(
            Money::new(1_000_000.0, eur),
            Money::new(0.0, eur),
            Money::new(1_000_000.0, eur),
        );
        state2.balances.push(additional_balance);
        assert!(!state1.has_same_balances_and_margins(&state2));
    }

    #[rstest]
    fn test_has_same_balances_and_margins_when_different_margin_amounts() {
        let state1 = margin_account_state();
        let mut state2 = margin_account_state();
        // Create a different margin with same instrument_id
        let usd = Currency::USD();
        let instrument_id = InstrumentId::from("BTCUSDT.COINBASE");
        let different_margin = MarginBalance::new(
            Money::new(10000.0, usd),
            Money::new(40000.0, usd),
            Some(instrument_id),
        );
        state2.margins = vec![different_margin];
        assert!(!state1.has_same_balances_and_margins(&state2));
    }

    #[rstest]
    fn test_has_same_balances_and_margins_when_different_margin_instruments() {
        let state1 = margin_account_state();
        let mut state2 = margin_account_state();
        // Create a margin with different instrument_id
        let usd = Currency::USD();
        let different_instrument_id = InstrumentId::from("ETHUSDT.BINANCE");
        let different_margin = MarginBalance::new(
            Money::new(5000.0, usd),
            Money::new(20000.0, usd),
            Some(different_instrument_id),
        );
        state2.margins = vec![different_margin];
        assert!(!state1.has_same_balances_and_margins(&state2));
    }

    #[rstest]
    fn test_has_same_balances_and_margins_when_missing_margin() {
        let state1 = margin_account_state();
        let mut state2 = margin_account_state();
        // Add an additional margin to state2
        let usd = Currency::USD();
        let additional_instrument_id = InstrumentId::from("ETHUSDT.BINANCE");
        let additional_margin = MarginBalance::new(
            Money::new(3000.0, usd),
            Money::new(15000.0, usd),
            Some(additional_instrument_id),
        );
        state2.margins.push(additional_margin);
        assert!(!state1.has_same_balances_and_margins(&state2));
    }

    #[rstest]
    fn test_has_same_balances_and_margins_with_empty_collections() {
        let account_id = AccountId::new("TEST-001");
        let event_id = UUID4::new();
        let ts_event = UnixNanos::from(1);
        let ts_init = UnixNanos::from(2);

        let state1 = AccountState::new(
            account_id,
            AccountType::Cash,
            vec![], // Empty balances
            vec![], // Empty margins
            true,
            event_id,
            ts_event,
            ts_init,
            Some(Currency::USD()),
        );

        let state2 = AccountState::new(
            account_id,
            AccountType::Cash,
            vec![], // Empty balances
            vec![], // Empty margins
            true,
            UUID4::new(),       // Different event_id
            UnixNanos::from(3), // Different timestamps
            UnixNanos::from(4),
            Some(Currency::USD()),
        );

        assert!(state1.has_same_balances_and_margins(&state2));
    }

    #[rstest]
    fn test_has_same_balances_and_margins_with_multiple_balances_and_margins() {
        let account_id = AccountId::new("TEST-001");
        let event_id = UUID4::new();
        let ts_event = UnixNanos::from(1);
        let ts_init = UnixNanos::from(2);

        let usd = Currency::USD();
        let eur = Currency::EUR();
        let btc_instrument = InstrumentId::from("BTCUSDT.COINBASE");
        let eth_instrument = InstrumentId::from("ETHUSDT.BINANCE");

        let balances = vec![
            AccountBalance::new(
                Money::new(1_000_000.0, usd),
                Money::new(0.0, usd),
                Money::new(1_000_000.0, usd),
            ),
            AccountBalance::new(
                Money::new(500_000.0, eur),
                Money::new(10000.0, eur),
                Money::new(490_000.0, eur),
            ),
        ];

        let margins = vec![
            MarginBalance::new(
                Money::new(5000.0, usd),
                Money::new(20000.0, usd),
                Some(btc_instrument),
            ),
            MarginBalance::new(
                Money::new(3000.0, usd),
                Money::new(15000.0, usd),
                Some(eth_instrument),
            ),
        ];

        let state1 = AccountState::new(
            account_id,
            AccountType::Margin,
            balances.clone(),
            margins.clone(),
            true,
            event_id,
            ts_event,
            ts_init,
            Some(usd),
        );

        let state2 = AccountState::new(
            account_id,
            AccountType::Margin,
            balances,
            margins,
            true,
            UUID4::new(),       // Different event_id
            UnixNanos::from(3), // Different timestamps
            UnixNanos::from(4),
            Some(usd),
        );

        assert!(state1.has_same_balances_and_margins(&state2));
    }

    fn account_state_with_info() -> AccountState {
        let mut info = IndexMap::new();
        info.insert("total_wallet_balance".to_string(), json!(1525.0_f64));
        info.insert("available_balance".to_string(), json!(1500.0_f64));
        AccountState::new(
            AccountId::new("SIM-001"),
            AccountType::Cash,
            vec![],
            vec![],
            true,
            UUID4::new(),
            UnixNanos::default(),
            UnixNanos::default(),
            Some(Currency::USD()),
        )
        .with_info(Some(Params::from_index_map(info)))
    }

    #[rstest]
    fn test_new_defaults_info_to_none() {
        let state = cash_account_state();
        assert!(state.info.is_none());
    }

    #[rstest]
    fn test_with_info_attaches_params() {
        let state = account_state_with_info();
        let info = state.info.expect("info should be set");
        assert_eq!(info.get_f64("total_wallet_balance"), Some(1525.0));
        assert_eq!(info.get_f64("available_balance"), Some(1500.0));
        assert_eq!(info.get_f64("missing"), None);
    }

    #[rstest]
    fn test_serde_round_trips_info() {
        let state = account_state_with_info();
        let serialized = serde_json::to_string(&state).expect("serialize");
        let deserialized: AccountState = serde_json::from_str(&serialized).expect("deserialize");
        let info = deserialized.info.expect("info should round-trip");
        assert_eq!(info.get_f64("total_wallet_balance"), Some(1525.0));
        assert_eq!(info.get_f64("available_balance"), Some(1500.0));
    }

    #[rstest]
    fn test_serde_back_compatible_without_info() {
        // Serialized AccountState from before the info field existed must still
        // deserialize, defaulting info to None. Build the JSON by serializing a
        // current state and removing the info key so the format is exact.
        let state = cash_account_state();
        let mut value = serde_json::to_value(&state)
            .expect("serialize")
            .as_object()
            .cloned()
            .unwrap();
        value.remove("info");
        let deserialized: AccountState =
            serde_json::from_value(serde_json::Value::Object(value)).expect("deserialize legacy");
        assert!(deserialized.info.is_none());
    }

    #[rstest]
    #[case(AccountType::Cash, false)]
    #[case(AccountType::Margin, false)]
    #[case(AccountType::Betting, false)]
    #[case(AccountType::Wallet, true)]
    fn test_registered_account_balance_keeps_legacy_fields(
        #[case] account_type: AccountType,
        #[case] has_wallet_identity: bool,
    ) {
        let currency = Currency::USD();
        let total = Money::from("10.25 USD");
        let state = AccountState::new(
            AccountId::new("SERDE-001"),
            account_type,
            vec![AccountBalance::new(total, Money::zero(currency), total)],
            vec![],
            true,
            UUID4::new(),
            UnixNanos::from(1),
            UnixNanos::from(2),
            None,
        );

        let value = serde_json::to_value(&state).expect("serialize account state");
        let balance = &value["balances"][0];
        let restored: AccountState =
            serde_json::from_value(value.clone()).expect("deserialize account state");

        assert_eq!(balance["currency"], "USD");
        assert_eq!(balance["total"], "10.25 USD");
        assert_eq!(balance["locked"], "0.00 USD");
        assert_eq!(balance["free"], "10.25 USD");
        assert_eq!(
            balance.get("currency_identity").is_some(),
            has_wallet_identity
        );
        assert_eq!(restored.balances[0].total.raw, total.raw);
        assert_currency_identity(restored.balances[0].currency, currency);
    }

    #[rstest]
    fn test_wallet_account_state_rejects_unaligned_raw_balance() {
        let currency = Currency::USD();
        let total = Money::from_raw(1, currency);
        let state = AccountState::new(
            AccountId::new("WALLET-SERDE-INVALID"),
            AccountType::Wallet,
            vec![AccountBalance::new(total, Money::zero(currency), total)],
            vec![],
            true,
            UUID4::new(),
            UnixNanos::from(1),
            UnixNanos::from(2),
            None,
        );

        let error = serde_json::to_string(&state).unwrap_err();

        assert!(
            error
                .to_string()
                .contains("is not aligned to currency precision 2"),
            "was: {error}"
        );
    }

    #[rstest]
    fn test_wallet_account_state_rejects_inconsistent_exact_balance() {
        let currency = Currency::USD();
        let total = Money::from("10.25 USD");
        let state = AccountState::new(
            AccountId::new("WALLET-SERDE-CORRUPT"),
            AccountType::Wallet,
            vec![AccountBalance::new(total, Money::zero(currency), total)],
            vec![],
            true,
            UUID4::new(),
            UnixNanos::from(1),
            UnixNanos::from(2),
            None,
        );
        let mut value = serde_json::to_value(&state).expect("serialize account state");
        value["balances"][0]["free_minor"] = json!("999");

        let error = serde_json::from_value::<AccountState>(value).unwrap_err();

        assert!(
            error
                .to_string()
                .contains("`total` (10.25 USD) - `locked` (0.00 USD) != `free` (9.99 USD)"),
            "was: {error}"
        );
    }

    #[rstest]
    fn test_wallet_account_state_rejects_same_code_currency_identity_mismatch() {
        let balance_currency =
            Currency::new("ENG729D", 6, 0, "Balance token", CurrencyType::Crypto);
        let money_currency = Currency::new("ENG729D", 8, 0, "Money token", CurrencyType::Crypto);
        let total = Money::from_mantissa_exponent(123_456_789, -8, money_currency);
        let balance = AccountBalance {
            currency: balance_currency,
            total,
            locked: Money::zero(money_currency),
            free: total,
        };
        let state = AccountState::new(
            AccountId::new("WALLET-SERDE-IDENTITY"),
            AccountType::Wallet,
            vec![balance],
            vec![],
            true,
            UUID4::new(),
            UnixNanos::from(1),
            UnixNanos::from(2),
            None,
        );

        let error = serde_json::to_string(&state).unwrap_err();

        assert!(
            error
                .to_string()
                .contains("Wallet account balance currency identity ENG729D does not match"),
            "was: {error}"
        );
    }

    #[cfg(feature = "defi")]
    #[rstest]
    fn test_wallet_account_state_fresh_process_round_trip() {
        const PAYLOAD_ENV: &str = "NAUTILUS_WALLET_ACCOUNT_STATE_PAYLOAD";
        const SUCCESS_SENTINEL: &str = "wallet account state fresh-process assertions passed";
        const TEST_NAME: &str =
            "events::account::state::tests::test_wallet_account_state_fresh_process_round_trip";

        if let Ok(payload) = std::env::var(PAYLOAD_ENV) {
            assert!(Currency::try_from_str("ENG729A").is_none());
            assert!(Currency::try_from_str("ENG729B").is_none());

            let restored: AccountState =
                serde_json::from_str(&payload).expect("deserialize wallet account state");
            let expected = wallet_serde_balances();

            assert_eq!(restored.balances.len(), expected.len());
            for (restored, expected) in restored.balances.iter().zip(&expected) {
                assert_eq!(restored.total.raw, expected.total.raw);
                assert_eq!(restored.locked.raw, expected.locked.raw);
                assert_eq!(restored.free.raw, expected.free.raw);
                assert_currency_identity(restored.currency, expected.currency);
                assert_currency_identity(restored.total.currency, expected.total.currency);
                assert_currency_identity(restored.locked.currency, expected.locked.currency);
                assert_currency_identity(restored.free.currency, expected.free.currency);
            }
            assert!(Currency::try_from_str("ENG729A").is_none());
            assert!(Currency::try_from_str("ENG729B").is_none());
            println!("{SUCCESS_SENTINEL}");
            return;
        }

        let producer_currency = Currency::new(
            "ENG729A",
            6,
            0,
            "Producer registered token",
            CurrencyType::Crypto,
        );
        Currency::register(producer_currency, false).expect("register producer-only currency");
        let state = AccountState::new(
            AccountId::new("WALLET-SERDE-001"),
            AccountType::Wallet,
            wallet_serde_balances(),
            vec![],
            true,
            UUID4::new(),
            UnixNanos::from(1),
            UnixNanos::from(2),
            None,
        );
        let payload = serde_json::to_string(&state).expect("serialize wallet account state");

        let output = Command::new(std::env::current_exe().expect("current test executable"))
            .args(["--exact", TEST_NAME, "--nocapture"])
            .env(PAYLOAD_ENV, payload)
            .output()
            .expect("run fresh-process wallet round-trip");

        assert!(
            output.status.success(),
            "fresh-process wallet round-trip failed\nstdout:\n{}\nstderr:\n{}",
            String::from_utf8_lossy(&output.stdout),
            String::from_utf8_lossy(&output.stderr)
        );
        assert!(
            String::from_utf8_lossy(&output.stdout).contains(SUCCESS_SENTINEL),
            "fresh-process wallet round-trip did not run child assertions\nstdout:\n{}\nstderr:\n{}",
            String::from_utf8_lossy(&output.stdout),
            String::from_utf8_lossy(&output.stderr)
        );
    }

    #[cfg(feature = "defi")]
    fn wallet_serde_balances() -> Vec<AccountBalance> {
        let eth = Currency::new("ETH", 18, 0, "Ethereum", CurrencyType::Crypto);
        let registered = Currency::new(
            "ENG729A",
            6,
            0,
            "Producer registered token",
            CurrencyType::Crypto,
        );
        let unregistered =
            Currency::new("ENG729B", 8, 0, "Unregistered token", CurrencyType::Crypto);
        let eth_total = Money::from_raw(1_234_567_890_123_456_789, eth);
        let registered_total = Money::from_mantissa_exponent(123_456_789, -6, registered);
        let unregistered_total = Money::from_mantissa_exponent(98_765_432, -8, unregistered);

        [eth_total, registered_total, unregistered_total]
            .into_iter()
            .map(|total| AccountBalance::new(total, Money::zero(total.currency), total))
            .collect()
    }

    fn assert_currency_identity(actual: Currency, expected: Currency) {
        assert_eq!(actual.code, expected.code);
        assert_eq!(actual.precision, expected.precision);
        assert_eq!(actual.iso4217, expected.iso4217);
        assert_eq!(actual.name, expected.name);
        assert_eq!(actual.currency_type, expected.currency_type);
    }

    #[rstest]
    fn test_info_excluded_from_equality() {
        // Equality keys on account_id, account_type, and event_id only, so a
        // differing info bag must not affect equality.
        let base = account_state_with_info();
        let mut other_info = IndexMap::new();
        other_info.insert("different".to_string(), json!(1_u64));
        let other = AccountState {
            info: Some(Params::from_index_map(other_info)),
            ..base.clone()
        };
        assert_eq!(base, other);
    }
}