Typescript SDK

Typescript SDK: https://www.npmjs.com/package/gfx-perp-sdk

GooseFX Perpetual Futures SDK is designed for market makers and trading enthusiasts, allowing interaction with the GooseFX on-chain perpetual futures.

The Typescript SDK consists of three classes:

  1. Perp

  2. Product

  3. Trader

Perp

The Perp class is essential for initializing the connection and wallet used for subsequent interactions. Initializing the Perp class should always be the first step, regardless of the operation type.

Constructor

const perp = new Perp(connection, networkType, wallet);
Parameter
Description

connection (Connection)

An instance of the Connection class from @solana/web3.js to communicate with the Solana network.

networkType (string)

A string indicating the network type, such as 'mainnet' or 'devnet'.

wallet (Wallet)

An instance of the Wallet class from @project-serum/anchor representing the user's wallet.

Methods

init()

Initializes the Perp instance by setting up necessary market and product group information.

await perp.init();

Returns: Promise<void>

Properties
Description

wallet

The wallet instance passed during the construction of the Perp object.

connection

The connection instance to the Solana network.

program

The on-chain program associated with the perp market.

networkType

The type of network the Perp instance is connected to.

marketProductGroup

The product group information for the market, undefined until init() is called.

Here's an example of how to initialize the Perp class.

const perp = new Perp(connection, 'mainnet', wallet);
await perp.init();

Product

A Product instance represents one of the perpetual products we offer to trade. You can initialize the Product class in two ways: by index or by name. The Product instance can be used for various functions, such as getting the L2 and L3 orderbooks, and subscribing to the orderbook.

Constructor

const product = new Product(perp);
Parameters
Desription

perp (Perp)

An instance of the Perp class representing the perpetual futures market.

Methods

initByIndex(index)

Initializes the product by its index within the market.

product.initByIndex(0);
Parameters
Description

index (number)

The index of the product within the market.

Returns: void

getOrderbookL2()

Retrieves the Level 2 order book for the product.

const orderbook = await product.getOrderbookL2();

Returns: Promise<Ordrbook> - An object representing the Level 2 order book.

getOrderbookL3()

Retrieves the Level 3 order book for the product.

const orderbook = await product.getOrderbookL3();

Returns: Promise<Ordrbook> - An object representing the Level 3 order book.

Initializing Product by Index:

const perp = new Perp(connection, 'mainnet', wallet);
await perp.init();
const product = new Product(perp);
product.initByIndex(0);

Initializing Product by Name:

const perp = new Perp(connection, 'mainnet', wallet);
await perp.init();
const product = new Product(perp);
product.initByName('SOL-PERP');

Product Function Examples:

1. Get L2 Orderbook

const orderbook = await product.getOrderbookL2();

2. Get L3 Orderbook

const orderbook = await product.getOrderbookL3();

3. Subscribe to Orderbook

Subscribe to the orderbook account and listen to changes. Pass your function as the parameter to the subscribeToOrderbook function to handle orderbook changes. Don't forget to unsubscribe when it's no longer needed!

async function handleAccountChange(){
    const res = await product.getOrderbookL2();
    console.log("Updated orderbook: ", res);
  }
  const subscribeId = product.subscribeToOrderbook(handleAccountChange);
  connection.removeAccountChangeListener(subscribeId); //To close the subscription

Trader

The Trader class is necessary for obtaining instructions to send transactions to the program. Each wallet must have a unique trader account initialized to place orders and deposit funds. Create the trader account once using the createTraderAccountIxs instruction. After that, initialize the Trader class using the init function for all subsequent wallet interactions.

Constructor

const trader = new Trader(perp);
Parameters
Description

perp (Perp)

An instance of the Perp class representing the perp market.

Methods

createTraderAccountIxs()

Creates the transaction instructions and signers required to initialize a new trader account.

const [ixs, signers] = await trader.createTraderAccountIxs();

Returns: Promise<[TransactionInstruction[], Keypair[]]> - An array containing the transaction instructions and signers.

depositFundsIx(fractional)

Creates a transaction instruction for depositing funds into the trader's account.

const ix = await trader.depositFundsIx(fractional);
Parameters
Description

fractional (Fractional)

An object representing the amount to be deposited.

Returns: Promise<[TransactionInstruction> - The transaction instruction for depositing funds.

withdrawFundsIx(fractional)

Creates a transaction instruction for withdrawing funds from the trader's account.

const ix = await trader.withdrawFundsIx(fractional);
Parameters
Description

fractional (Fractional)

An object representing the amount to be withdrawn.

Returns: Promise<[TransactionInstruction> - The transaction instruction for withdrawing funds.

newOrderIx(size, price, side, type, product, ttl)

Creates a transaction instruction for placing a new order.

const ix = await trader.newOrderIx(size, price, side, type, product, ttl);
Parameters
Description

size (Fractional)

An object representing the size of the order

price (Fractional)

An object representing the price of the order.

side (string)

The side of the order, either 'buy' or 'sell'.

type (string)

The type of the order, such as 'limit' or 'market'.

product (Product)

An instance of the Product class representing the product for which the order is placed.

ttl (number)

Time to live for the order.

Returns: Promise<[TransactionInstruction> - The transaction instruction for placing a new order.

cancelOrderIx(orderId, product)

Creates a transaction instruction for canceling an existing order.

const ix = await trader.cancelOrderIx(orderId, product);
Parameters
Description

orderId (string)

The ID of the order to be canceled.

product (Product)

n instance of the Product class representing the product for which the order exists.

Returns: Promise<[TransactionInstruction> - The transaction instruction for canceling the order.

getOpenOrders(product)

Retrieves the open orders for the trader within a specific product.

const orderbookData = await trader.getOpenOrders(product);
Parameters
Description

product (Product)

An instance of the Product class representing the product for which open orders are retrieved.

Returns: Promise<OrderbookData> - An object representing the open orders data.

Properties
Description

perp

The Perp instance associated with the trader.

totalDeposited

The total amount deposited by the trader.

totalWithdrawn

The total amount withdrawn by the trader.

marginAvailable

The available margin for trading.

totalTradedVolume

The total volume traded by the trader.

traderPositions

The active positions held by the trader.

Creating a New Trader Account On-Chain:

  const perp = new Perp(connection, 'mainnet', wallet);
  await perp.init();
  const trader = new Trader(perp);
  const [ixs, signers] = await trader.createTraderAccountIxs();

In this example, ixs is an array of required instructions and signers is an array of required keypairs for signature. The wallet must also sign the transaction along with the keypairs in the signers array.

Initializing a Trader Instance

Once you successfully create an account, initialize the Trader instance as follows:

Fractional Data Type

The Fractional data type represents a fractional number based on its mantissa (m) and exponent (exp) using this formula: number = mantissa / (10 ^ exponent).

Trader Instructions

Depositing Funds

To place new orders, traders need to deposit collateral. This instruction transfers the required USDC from the wallet to the trader account, which will be used as collateral to place new orders.

The only parameter for this function is the amount of USDC to deposit:

  const perp = new Perp(connection, 'mainnet', wallet);
  await perp.init();
  const trader = new Trader(perp);
  await trader.init();
  const ix = await trader.depositFundsIx(new Fractional({
    m: new BN(1),
    exp: new BN(0)
  }));

Withdrawing Funds

Similar to depositing funds, this function takes the amount of USDC to be withdrawn as the only parameter. This instruction transfers funds from the trader account to the wallet address:

  const perp = new Perp(connection, 'mainnet', wallet);
  await perp.init();
  const trader = new Trader(perp);
  await trader.init();
  const ix = await trader.withdrawFundsIx(new Fractional({
    m: new BN(1),
    exp: new BN(0)
  }));java

Note: The deposit and withdraw instructions do not require a product instance as a parameter, as the market is cross collateralized and the amount of USDC deposited can be used across products. The following instructions, placing a new order and canceling an order, are specific to products and need a product instance as one of the parameters.

Getting Trader's Open Orders for a Product

To get all open orders for a Trader for a product:

  const perp = new Perp(connection, 'mainnet', wallet);
  await perp.init();
  const product = new Product(perp);
  product.initByIndex(0);
  const trader = new Trader(perp);
  await trader.init();
  const orderbookData = await trader.getOpenOrders(product);
  console.log("orderbook: ", orderbookData);

Placing a New Order

The new order instruction requires the following parameters:

  • Quantity (Fractional): 1 unit of the product is denoted by 1 * 100,000 units. To buy 1 unit, pass the following parameter as quantity:

  new Fractional({
    m: new BN(100000),
    exp: new BN(0)
  })

  • Price (Fractional)

  • Order side ('buy' or 'sell')

  • Order Type ('limit', 'market', 'immediateOrCancel', 'postOnly')

  • Product instance

Here's an example of placing a new order:

  const perp = new Perp(connection, "mainnet", wallet);
  await perp.init();
  const product = new Product(perp);
  product.initByIndex(0);
  const trader = new Trader(perp);
  await trader.init();
  const ix = await trader.newOrderIx(
    new Fractional({
      m: new BN(10000), //Implies 0.1 units
      exp: new BN(0),
    }),
    new Fractional({
      m: new BN(2245), //Price 22.45$
      exp: new BN(2),
    }),
    "buy",
    "limit",
    product
  );

Canceling an Order

The cancel order instruction requires the orderId in string format. Use getOpenOrders() to get open orders and their IDs to pass as a parameter to cancel the order:

const perp = new Perp(connection, "mainnet", wallet);
  await perp.init();
  const product = new Product(perp);
  product.initByIndex(0);
  const trader = new Trader(perp);
  await trader.init();
  const ix = await trader.cancelOrderIx("7922816251444880503428103912726", product);

Checkout https://github.com/GooseFX1/gfx-perp-ts-sdk/blob/main/test/index.test.js for examples on the above functionalities!

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