# PerpCity Rust SDK
Rust SDK for the [PerpCity](https://perp.city) perpetual futures protocol on Base L2. Built for high-frequency trading with lock-free nonce management, multi-endpoint transport with circuit breakers, and a 2-tier state cache.
## Installation
```toml
[dependencies]
perpcity-sdk = "0.1"
```
## Quickstart
**Prerequisites:** Rust 1.85+, a Base Sepolia RPC (the public endpoint works fine).
1. Clone and create a `.env` file:
```bash
git clone https://github.com/StrobeLabs/perpcity-rust-sdk.git
cd perpcity-rust-sdk
```
```env
PERPCITY_PRIVATE_KEY=your_hex_private_key
PERPCITY_MANAGER=0x826e1ddEab1f9586e336F2beb7621Edb8FB6138D
PERPCITY_PERP_ID=0x...
```
2. Fund your wallet on Base Sepolia — you need a small amount of ETH for gas and some USDC for margin. The testnet USDC has a public `mint` function:
```bash
# Mint 10,000 USDC to your address
cast send 0xC1a5D4E99BB224713dd179eA9CA2Fa6600706210 \
"mint(address,uint256)" YOUR_ADDRESS 10000000000 \
--rpc-url https://sepolia.base.org \
--private-key YOUR_PRIVATE_KEY
```
3. Run the quickstart:
```bash
cargo run --release --example quickstart
```
## Examples
All examples load configuration from `.env` automatically via `dotenvy`.
| **quickstart** | `cargo run --example quickstart` | Open a 2x long, close it. ~20 lines of setup. |
| **open_position** | `cargo run --example open_position` | Full taker lifecycle: market data, open, monitor PnL/funding/liquidation, close. |
| **market_maker** | `cargo run --example market_maker` | LP position: calculate tick range around mark, estimate liquidity, open maker position. *Note: makers are currently subject to a 7-day lockup, so this example shouldn't run.* |
| **hft_bot** | `cargo run --example hft_bot` | Full trading loop: multi-endpoint transport, momentum strategy, position manager with SL/TP/trailing stop, latency stats. |
## API Overview
### Client Setup
```rust
use perpcity_sdk::*;
// 1. Transport — single or multi-endpoint
let transport = HftTransport::new(
TransportConfig::builder()
.endpoint("https://sepolia.base.org")
.build()?,
)?;
// 2. Client
let client = PerpClient::new(transport, signer, deployments, 84532)?;
// 3. Warm caches (required before first transaction)
client.sync_nonce().await?;
client.refresh_gas().await?;
client.ensure_approval(U256::MAX).await?;
```
### Trading
```rust
// Open a 5x long with 10 USDC margin
let pos_id = client.open_taker(perp_id, &OpenTakerParams {
is_long: true,
margin: 10.0,
leverage: 5.0,
unspecified_amount_limit: 0,
}, Urgency::Normal).await?;
// Close it
let result = client.close_position(pos_id, &CloseParams {
min_amt0_out: 0,
min_amt1_out: 0,
max_amt1_in: u128::MAX,
}, Urgency::Normal).await?;
```
Every write method takes an `Urgency` level that scales the EIP-1559 priority fee:
| `Low` | 0.8x | Background tasks |
| `Normal` | 1.0x | Standard trading |
| `High` | 1.5x | Time-sensitive fills |
| `Critical` | 2.0x | Liquidation defense |
### Market Data
```rust
let config = client.get_perp_config(perp_id).await?; // mark, fees, bounds
let mark = client.get_mark_price(perp_id).await?; // f64 price
let funding = client.get_funding_rate(perp_id).await?; // daily rate
let oi = client.get_open_interest(perp_id).await?; // long/short OI
let live = client.get_live_details(pos_id).await?; // PnL, funding, liquidation
let balance = client.get_usdc_balance().await?; // wallet USDC
```
### HFT Infrastructure
The SDK is designed for sub-millisecond transaction preparation on the hot path.
**Multi-endpoint transport** — configure multiple RPCs with automatic failover:
```rust
let transport = HftTransport::new(
TransportConfig::builder()
.endpoint("https://sepolia.base.org")
.endpoint("https://base-sepolia-rpc.publicnode.com")
.strategy(Strategy::LatencyBased)
.request_timeout(Duration::from_millis(2000))
.build()?,
)?;
```
**Lock-free nonce management** — `AtomicU64::fetch_add` for O(1) nonce acquisition. No mutex on the hot path.
**Gas cache** — EIP-1559 base fee + priority fee cached from block headers. Refreshed per block, never estimated per-tx.
**2-tier state cache:**
- **Slow tier** (60s TTL): fees, margin bounds — rarely change
- **Fast tier** (2s TTL): mark price, funding rate, USDC balance — refreshed per block
**Position manager** — track open positions with automated triggers:
```rust
pos_manager.track(ManagedPosition {
perp_id: perp_bytes,
position_id: pos_id,
is_long: true,
entry_price: mark,
margin: 10.0,
stop_loss: Some(mark * 0.98),
take_profit: Some(mark * 1.05),
trailing_stop_pct: Some(0.03),
trailing_stop_anchor: None,
});
```
**Latency tracker** — rolling-window stats (P50/P95/P99) for monitoring RPC and tx latency.
### Math Utilities
```rust
use perpcity_sdk::math::tick::{price_to_tick, tick_to_price, align_tick_down};
use perpcity_sdk::math::position::{entry_price, liquidation_price};
use perpcity_sdk::math::liquidity::estimate_liquidity;
let tick = price_to_tick(50.0)?;
let price = tick_to_price(tick)?;
let liq = estimate_liquidity(tick_lower, tick_upper, margin_scaled)?;
```
All math functions are pure, `O(1)`, and ported faithfully from PerpCity's Solidity contracts and Uniswap V4's `TickMath`.
## Environment Variables
| `PERPCITY_PRIVATE_KEY` | Yes | Hex-encoded private key (with or without `0x` prefix) |
| `PERPCITY_MANAGER` | Yes | PerpManager contract address |
| `PERPCITY_PERP_ID` | Yes | bytes32 perp market identifier |
| `RPC_URL` | No | RPC endpoint (default: `https://sepolia.base.org`) |
| `RPC_URL_1`, `RPC_URL_2` | No | Multi-endpoint config for `hft_bot` example |
## Configuration
### Deployments
The `Deployments` struct holds contract addresses. For Base Sepolia:
```rust
let deployments = Deployments {
perp_manager: "0x826e1ddEab1f9586e336F2beb7621Edb8FB6138D".parse().unwrap(),
usdc: address!("C1a5D4E99BB224713dd179eA9CA2Fa6600706210"),
fees_module: None,
margin_ratios_module: None,
lockup_period_module: None,
sqrt_price_impact_limit_module: None,
};
let client = PerpClient::new(transport, signer, deployments, 84532)?; // Base Sepolia
```
For Base mainnet, use `PerpClient::new_base_mainnet()` which sets chain ID 8453 and the mainnet USDC address (`0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913`).
### Release Profile
The crate ships with aggressive release optimizations for trading workloads:
```toml
[profile.release]
lto = "fat" # Cross-crate inlining
codegen-units = 1 # Maximum optimization
panic = "abort" # No unwind overhead
strip = "symbols" # Smaller binary
```
## Benchmarks
```bash
cargo bench
```
| `math_bench` | Tick math, price conversions, entry/liquidation price |
| `hft_bench` | Nonce acquire (~1-5ns), gas peek, cache hit/miss, position triggers |
| `transport_bench` | Endpoint selection, circuit breaker state checks, struct sizes |
## License
MIT