use crate::instruction::utils::raydium_cpmm::accounts::{
CREATOR_FEE_RATE, FEE_RATE_DENOMINATOR_VALUE, FUND_FEE_RATE, PROTOCOL_FEE_RATE, TRADE_FEE_RATE,
};
use super::common::calculate_min_amount_out;
use crate::trading::core::params::RaydiumCpmmParams;
#[inline(always)]
fn compute_trading_fee(amount: u64, fee_rate: u64) -> u64 {
let numerator = (amount as u128) * (fee_rate as u128);
((numerator + FEE_RATE_DENOMINATOR_VALUE - 1) / FEE_RATE_DENOMINATOR_VALUE) as u64
}
#[inline(always)]
fn compute_protocol_fund_fee(amount: u64, fee_rate: u64) -> u64 {
let numerator = (amount as u128) * (fee_rate as u128);
(numerator / FEE_RATE_DENOMINATOR_VALUE) as u64
}
#[inline(always)]
fn compute_creator_fee_new(amount: u64, fee_rate: u64) -> u64 {
let numerator = (amount as u128) * (fee_rate as u128);
((numerator + FEE_RATE_DENOMINATOR_VALUE - 1) / FEE_RATE_DENOMINATOR_VALUE) as u64
}
#[derive(Debug, Clone)]
pub struct ComputeSwapParams {
pub all_trade: bool,
pub amount_in: u64,
pub amount_out: u64,
pub min_amount_out: u64,
pub fee: u64,
}
#[derive(Debug, Clone)]
pub struct SwapResult {
pub new_input_vault_amount: u64,
pub new_output_vault_amount: u64,
pub input_amount: u64,
pub output_amount: u64,
pub trade_fee: u64,
pub protocol_fee: u64,
pub fund_fee: u64,
pub creator_fee: u64,
}
#[inline]
fn swap_base_input(
input_amount: u64,
input_vault_amount: u64,
output_vault_amount: u64,
trade_fee_rate: u64,
creator_fee_rate: u64,
protocol_fee_rate: u64,
fund_fee_rate: u64,
is_creator_fee_on_input: bool,
) -> SwapResult {
let mut creator_fee = 0u64;
let trade_fee: u64;
let input_amount_less_fees = if is_creator_fee_on_input {
let total_fee_rate = trade_fee_rate.saturating_add(creator_fee_rate);
let total_fee = compute_trading_fee(input_amount, total_fee_rate);
creator_fee = if total_fee_rate == 0 {
0
} else {
((total_fee as u128) * (creator_fee_rate as u128) / (total_fee_rate as u128)) as u64
};
trade_fee = total_fee.saturating_sub(creator_fee);
input_amount.saturating_sub(total_fee)
} else {
trade_fee = compute_trading_fee(input_amount, trade_fee_rate);
input_amount.saturating_sub(trade_fee)
};
let protocol_fee = compute_protocol_fund_fee(trade_fee, protocol_fee_rate);
let fund_fee = compute_protocol_fund_fee(trade_fee, fund_fee_rate);
let output_amount_swapped = ((output_vault_amount as u128)
.saturating_mul(input_amount_less_fees as u128)
/ (input_vault_amount as u128).saturating_add(input_amount_less_fees as u128))
as u64;
let output_amount = if is_creator_fee_on_input {
output_amount_swapped
} else {
creator_fee = compute_creator_fee_new(output_amount_swapped, creator_fee_rate);
output_amount_swapped.saturating_sub(creator_fee)
};
SwapResult {
new_input_vault_amount: input_vault_amount.saturating_add(input_amount_less_fees),
new_output_vault_amount: output_vault_amount.saturating_sub(output_amount_swapped),
input_amount,
output_amount,
trade_fee,
protocol_fee,
fund_fee,
creator_fee,
}
}
#[inline]
pub fn compute_swap_amount(
base_reserve: u64,
quote_reserve: u64,
is_base_in: bool,
amount_in: u64,
slippage_basis_points: u64,
) -> ComputeSwapParams {
let (input_reserve, output_reserve) =
if is_base_in { (base_reserve, quote_reserve) } else { (quote_reserve, base_reserve) };
let swap_result = swap_base_input(
amount_in,
input_reserve,
output_reserve,
TRADE_FEE_RATE,
CREATOR_FEE_RATE,
PROTOCOL_FEE_RATE,
FUND_FEE_RATE,
true,
);
let min_amount_out = calculate_min_amount_out(swap_result.output_amount, slippage_basis_points);
let all_trade = swap_result.input_amount == amount_in;
ComputeSwapParams {
all_trade,
amount_in,
amount_out: swap_result.output_amount,
min_amount_out,
fee: swap_result.trade_fee,
}
}
pub fn compute_swap_amount_for_pool(
protocol_params: &RaydiumCpmmParams,
is_base_in: bool,
amount_in: u64,
slippage_basis_points: u64,
) -> Result<ComputeSwapParams, anyhow::Error> {
let creator_fee_rate =
if protocol_params.enable_creator_fee { protocol_params.creator_fee_rate } else { 0 };
let total_input_fee_rate = protocol_params
.trade_fee_rate
.checked_add(creator_fee_rate)
.ok_or_else(|| anyhow::anyhow!("Raydium CPMM fee rate overflow"))?;
if protocol_params.trade_fee_rate > FEE_RATE_DENOMINATOR_VALUE as u64
|| creator_fee_rate > FEE_RATE_DENOMINATOR_VALUE as u64
|| total_input_fee_rate > FEE_RATE_DENOMINATOR_VALUE as u64
|| protocol_params.protocol_fee_rate > FEE_RATE_DENOMINATOR_VALUE as u64
|| protocol_params.fund_fee_rate > FEE_RATE_DENOMINATOR_VALUE as u64
{
return Err(anyhow::anyhow!("Invalid Raydium CPMM fee configuration"));
}
let (input_reserve, output_reserve, input_transfer_fee, output_transfer_fee) = if is_base_in {
(
protocol_params.base_reserve,
protocol_params.quote_reserve,
protocol_params.base_transfer_fee,
protocol_params.quote_transfer_fee,
)
} else {
(
protocol_params.quote_reserve,
protocol_params.base_reserve,
protocol_params.quote_transfer_fee,
protocol_params.base_transfer_fee,
)
};
let is_creator_fee_on_input = match protocol_params.creator_fee_on {
0 => true,
1 => is_base_in,
2 => !is_base_in,
value => return Err(anyhow::anyhow!("Invalid Raydium CPMM creator fee mode: {}", value)),
};
let actual_amount_in = amount_in.saturating_sub(input_transfer_fee.calculate(amount_in));
let swap_result = swap_base_input(
actual_amount_in,
input_reserve,
output_reserve,
protocol_params.trade_fee_rate,
creator_fee_rate,
protocol_params.protocol_fee_rate,
protocol_params.fund_fee_rate,
is_creator_fee_on_input,
);
let received_amount = swap_result
.output_amount
.saturating_sub(output_transfer_fee.calculate(swap_result.output_amount));
Ok(ComputeSwapParams {
all_trade: actual_amount_in > 0,
amount_in,
amount_out: received_amount,
min_amount_out: calculate_min_amount_out(received_amount, slippage_basis_points),
fee: swap_result.trade_fee,
})
}
#[cfg(test)]
mod tests {
use super::*;
use crate::utils::calc::common::{calculate_min_amount_out, MAX_SLIPPAGE_BASIS_POINTS};
#[test]
fn min_amount_out_uses_exact_integer_slippage() {
let no_slippage = compute_swap_amount(u64::MAX, u64::MAX, true, u64::MAX, 0);
let one_percent = compute_swap_amount(u64::MAX, u64::MAX, true, u64::MAX, 100);
assert_eq!(one_percent.amount_out, no_slippage.amount_out);
assert_eq!(
one_percent.min_amount_out,
calculate_min_amount_out(one_percent.amount_out, 100)
);
}
#[test]
fn min_amount_out_rounds_down_after_applying_slippage() {
assert_eq!(calculate_min_amount_out(101, 100), 99);
}
#[test]
fn excessive_slippage_is_clamped_without_underflow() {
let excessive = compute_swap_amount(1_000_000, 2_000_000, true, 100_000, u64::MAX);
let clamped =
compute_swap_amount(1_000_000, 2_000_000, true, 100_000, MAX_SLIPPAGE_BASIS_POINTS);
assert_eq!(excessive.min_amount_out, clamped.min_amount_out);
assert_eq!(
excessive.min_amount_out,
calculate_min_amount_out(excessive.amount_out, MAX_SLIPPAGE_BASIS_POINTS)
);
}
#[test]
fn creator_fee_on_input_matches_official_combined_fee_rounding() {
let result = swap_base_input(101, 1_000_000, 2_000_000, 2_500, 10_000, 0, 0, true);
assert_eq!(result.creator_fee, 1);
assert_eq!(result.trade_fee, 1);
assert_eq!(result.new_input_vault_amount, 1_000_099);
}
}