Comparing curve with pyth

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skills/curve/SKILL.md

Curve Finance

Curve is the dominant AMM for pegged-asset swaps (stablecoins, wrapped tokens, LSTs). Its StableSwap invariant concentrates liquidity around peg, delivering 10-100x lower slippage than constant-product AMMs for like-kind assets. CryptoSwap (Tricrypto) extends this to volatile pairs. The protocol also issues crvUSD, a stablecoin backed by LLAMMA — a soft-liquidation mechanism that gradually converts collateral instead of instant liquidation. CRV emissions are directed to liquidity gauges via vote-escrowed CRV (veCRV).

All Curve pool contracts are written in Vyper. ABI encoding is identical to Solidity — viem works without modification.

What You Probably Got Wrong

Curve is one of the most commonly mis-integrated protocols. Each pool type has different interfaces, and token ordering is deployment-specific.

  • Curve pools have DIFFERENT ABIs per pool type — StableSwap (2-pool, 3-pool), CryptoSwap, Tricrypto, Meta pools, and Factory pools all have different function signatures. There is NO universal pool ABI. Always read the specific pool's ABI from Etherscan or the Curve docs.
  • Token indices are pool-specific and NOT sorted — The order depends on deployment, not address sorting. Always call coins(i) to verify which token is at which index. Getting this wrong swaps the wrong token.
  • exchange() uses token indices, not addresses — You pass i (sell token index) and j (buy token index), not token addresses. Passing the wrong index silently swaps the wrong token pair.
  • get_dy() returns the estimated output BEFORE fees — The actual received amount is slightly less. Use get_dy() for quoting but apply slippage tolerance on top.
  • add_liquidity() amounts array length varies per pool — 2 for 2-pool, 3 for 3-pool, 4 for 4-pool. Passing the wrong array length causes a revert with no useful error message.
  • exchange() vs exchange_underlying() — Plain pools use exchange(). Meta pools use exchange_underlying() to swap between the meta-asset and the underlying basepool tokens. Calling the wrong function reverts.
  • crvUSD uses LLAMMA (soft liquidation), NOT traditional liquidation — Positions are gradually converted between collateral and crvUSD as price moves through bands. There is no instant liquidation threshold. Health approaching 0 means bands are fully converted.
  • Gauge voting requires veCRV (vote-escrowed CRV) — Lock CRV for 1-4 years to get voting power. Voting power decays linearly. You cannot transfer or sell veCRV.
  • remove_liquidity_one_coin() has high slippage for large withdrawals from imbalanced pools — The StableSwap invariant penalizes imbalanced withdrawals. Always simulate first.
  • Virtual price only goes up (monotonic)get_virtual_price() returns the LP token value in underlying. It increases from fees and never decreases. Useful for pricing LP positions but NOT for detecting exploits (it was manipulated in some reentrancy attacks on Vyper <0.3.1 pools).

Quick Start

Installation

npm install viem

Client Setup

import { createPublicClient, createWalletClient, http, type Address } from "viem";
import { privateKeyToAccount } from "viem/accounts";
import { mainnet } from "viem/chains";

const publicClient = createPublicClient({
  chain: mainnet,
  transport: http(process.env.RPC_URL),
});

const account = privateKeyToAccount(
  process.env.PRIVATE_KEY as `0x${string}`
);

const walletClient = createWalletClient({
  account,
  chain: mainnet,
  transport: http(process.env.RPC_URL),
});

Swap USDC to USDT on 3pool

const THREE_POOL = "0xbEbc44782C7dB0a1A60Cb6fe97d0b483032FF1C7" as const;

// 3pool indices: 0 = DAI, 1 = USDC, 2 = USDT
// Always verify with coins(i) before swapping
const threePoolAbi = [
  {
    name: "exchange",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "i", type: "int128" },
      { name: "j", type: "int128" },
      { name: "dx", type: "uint256" },
      { name: "min_dy", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "get_dy",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "i", type: "int128" },
      { name: "j", type: "int128" },
      { name: "dx", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "coins",
    type: "function",
    stateMutability: "view",
    inputs: [{ name: "i", type: "uint256" }],
    outputs: [{ name: "", type: "address" }],
  },
] as const;

const USDC = "0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48" as const;
const USDT = "0xdAC17F958D2ee523a2206206994597C13D831ec7" as const;

const amountIn = 10_000_000000n; // 10,000 USDC (6 decimals)

// Verify token indices
const coin1 = await publicClient.readContract({
  address: THREE_POOL,
  abi: threePoolAbi,
  functionName: "coins",
  args: [1n],
});
if (coin1.toLowerCase() !== USDC.toLowerCase()) {
  throw new Error(`Expected USDC at index 1, got ${coin1}`);
}

// Quote expected output
const expectedOut = await publicClient.readContract({
  address: THREE_POOL,
  abi: threePoolAbi,
  functionName: "get_dy",
  args: [1n, 2n, amountIn], // i=1 (USDC) -> j=2 (USDT)
});

// 0.1% slippage tolerance (stableswap pools have tight spreads)
const minDy = (expectedOut * 999n) / 1000n;

// Approve 3pool to spend USDC
const erc20Abi = [
  {
    name: "approve",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "spender", type: "address" },
      { name: "amount", type: "uint256" },
    ],
    outputs: [{ name: "", type: "bool" }],
  },
] as const;

const { request: approveRequest } = await publicClient.simulateContract({
  address: USDC,
  abi: erc20Abi,
  functionName: "approve",
  args: [THREE_POOL, amountIn],
  account: account.address,
});
const approveHash = await walletClient.writeContract(approveRequest);
await publicClient.waitForTransactionReceipt({ hash: approveHash });

// Execute swap
const { request } = await publicClient.simulateContract({
  address: THREE_POOL,
  abi: threePoolAbi,
  functionName: "exchange",
  args: [1n, 2n, amountIn, minDy],
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("Swap reverted");

Pool Types

StableSwap Pools (Pegged Assets)

The original Curve pool type. Optimized for assets that trade near 1:1 (stablecoins, wrapped tokens). Uses the StableSwap invariant which blends constant-sum and constant-product formulas, controlled by the amplification parameter A.

PoolAddressCoinsIndices
3pool0xbEbc44782C7dB0a1A60Cb6fe97d0b483032FF1C7DAI, USDC, USDT0, 1, 2
stETH/ETH0xDC24316b9AE028F1497c275EB9192a3Ea0f67022ETH, stETH0, 1
frxETH/ETH0xa1F8A6807c402E4A15ef4EBa36528A3FED24E577ETH, frxETH0, 1

Key parameters:

  • A (amplification) — Higher A means tighter peg. 3pool uses A=2000. Ranges from 1 (constant product) to ~5000.
  • Fee — Typically 0.01%-0.04% for stableswap pools. Read via fee() (returns value in 1e10 precision, so 4000000 = 0.04%).

CryptoSwap Pools (Volatile Pairs)

Two-token pools for non-pegged assets using the CryptoSwap invariant. Internally re-pegs around the current price, providing concentrated liquidity that auto-rebalances.

PoolAddressCoins
tricrypto20xD51a44d3FaE010294C616388b506AcdA1bfAAE46USDT, WBTC, WETH

Meta Pools

Pools that pair a single token against an existing basepool's LP token. For example, FRAX/3CRV pairs FRAX against the 3pool LP token, giving FRAX access to DAI/USDC/USDT liquidity.

// Meta pool: exchange_underlying() swaps between the meta-asset
// and any token in the basepool
const metaPoolAbi = [
  {
    name: "exchange_underlying",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "i", type: "int128" },
      { name: "j", type: "int128" },
      { name: "dx", type: "uint256" },
      { name: "min_dy", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

// LUSD/3CRV meta pool
// Underlying indices: 0 = LUSD, 1 = DAI, 2 = USDC, 3 = USDT
// exchange_underlying(0, 2, amount, minOut) swaps LUSD -> USDC

Factory Pools

User-deployed pools created through the Curve Factory. They follow the same interface as their pool type (StableSwap or CryptoSwap) but are created permissionlessly.

const CURVE_FACTORY = "0xB9fC157394Af804a3578134A6585C0dc9cc990d4" as const;

const factoryAbi = [
  {
    name: "pool_count",
    type: "function",
    stateMutability: "view",
    inputs: [],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "pool_list",
    type: "function",
    stateMutability: "view",
    inputs: [{ name: "i", type: "uint256" }],
    outputs: [{ name: "", type: "address" }],
  },
] as const;

const poolCount = await publicClient.readContract({
  address: CURVE_FACTORY,
  abi: factoryAbi,
  functionName: "pool_count",
});

Swapping

Basic Exchange (StableSwap)

All StableSwap pools use exchange(i, j, dx, min_dy) where i and j are token indices.

// Older pools (like 3pool) use int128 for indices
const stableSwapExchangeAbi = [
  {
    name: "exchange",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "i", type: "int128" },
      { name: "j", type: "int128" },
      { name: "dx", type: "uint256" },
      { name: "min_dy", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

// Newer factory pools may use uint256 for indices
const factoryExchangeAbi = [
  {
    name: "exchange",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "i", type: "uint256" },
      { name: "j", type: "uint256" },
      { name: "dx", type: "uint256" },
      { name: "min_dy", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

Exchange with ETH

ETH pools (stETH/ETH, frxETH/ETH) accept native ETH via msg.value. Pass ETH as value, not as an ERC-20 approval.

const STETH_POOL = "0xDC24316b9AE028F1497c275EB9192a3Ea0f67022" as const;

// stETH/ETH pool: 0 = ETH, 1 = stETH
const ethPoolExchangeAbi = [
  {
    name: "exchange",
    type: "function",
    stateMutability: "payable",
    inputs: [
      { name: "i", type: "int128" },
      { name: "j", type: "int128" },
      { name: "dx", type: "uint256" },
      { name: "min_dy", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

const ethAmount = 1_000_000_000_000_000_000n; // 1 ETH

const expectedSteth = await publicClient.readContract({
  address: STETH_POOL,
  abi: threePoolAbi, // get_dy has same signature
  functionName: "get_dy",
  args: [0n, 1n, ethAmount],
});

const minSteth = (expectedSteth * 999n) / 1000n;

const { request } = await publicClient.simulateContract({
  address: STETH_POOL,
  abi: ethPoolExchangeAbi,
  functionName: "exchange",
  args: [0n, 1n, ethAmount, minSteth],
  value: ethAmount, // send ETH with the call
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("Swap reverted");

Curve Router

For optimal routing across multiple pools, use the Curve Router. It finds the best path automatically.

const CURVE_ROUTER = "0xF0d4c12A5768D806021F80a262B4d39d26C58b8D" as const;

const routerAbi = [
  {
    name: "exchange",
    type: "function",
    stateMutability: "payable",
    inputs: [
      { name: "_route", type: "address[11]" },
      { name: "_swap_params", type: "uint256[5][5]" },
      { name: "_amount", type: "uint256" },
      { name: "_min_dy", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "get_dy",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "_route", type: "address[11]" },
      { name: "_swap_params", type: "uint256[5][5]" },
      { name: "_amount", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

// Route encoding: alternating [token, pool, token, pool, ..., token]
// padded with zero addresses to length 11
// swap_params[i] = [i, j, swap_type, pool_type, n_coins]
// swap_type: 1 = exchange, 2 = exchange_underlying, 3 = exchange on underlying
// pool_type: 1 = stableswap, 2 = cryptoswap, 3 = tricrypto

Liquidity

Add Liquidity (Balanced)

Provide all tokens proportionally to minimize slippage.

const addLiquidityAbi = [
  {
    name: "add_liquidity",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "amounts", type: "uint256[3]" },
      { name: "min_mint_amount", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "calc_token_amount",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "amounts", type: "uint256[3]" },
      { name: "is_deposit", type: "bool" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

// Deposit 1000 of each stablecoin into 3pool
const amounts: readonly [bigint, bigint, bigint] = [
  1000_000000000000000000n, // 1000 DAI  (18 decimals)
  1000_000000n,             // 1000 USDC (6 decimals)
  1000_000000n,             // 1000 USDT (6 decimals)
];

// Estimate LP tokens received
const expectedLp = await publicClient.readContract({
  address: THREE_POOL,
  abi: addLiquidityAbi,
  functionName: "calc_token_amount",
  args: [amounts, true],
});

// 0.5% slippage on LP token mint
const minMintAmount = (expectedLp * 995n) / 1000n;

// Approve all three tokens to the pool
// (omitted for brevity — same pattern as swap approval)

const { request } = await publicClient.simulateContract({
  address: THREE_POOL,
  abi: addLiquidityAbi,
  functionName: "add_liquidity",
  args: [amounts, minMintAmount],
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("Add liquidity reverted");

Add Liquidity (Single-Sided)

Deposit only one token. The pool rebalances internally, charging a small imbalance fee.

// Deposit 5000 USDC only into 3pool
const singleSidedAmounts: readonly [bigint, bigint, bigint] = [
  0n,           // 0 DAI
  5000_000000n, // 5000 USDC
  0n,           // 0 USDT
];

const expectedLp = await publicClient.readContract({
  address: THREE_POOL,
  abi: addLiquidityAbi,
  functionName: "calc_token_amount",
  args: [singleSidedAmounts, true],
});

// Wider slippage for single-sided (imbalance fee applies)
const minMintAmount = (expectedLp * 990n) / 1000n;

const { request } = await publicClient.simulateContract({
  address: THREE_POOL,
  abi: addLiquidityAbi,
  functionName: "add_liquidity",
  args: [singleSidedAmounts, minMintAmount],
  account: account.address,
});

Remove Liquidity (Proportional)

Withdraw all tokens proportionally — no slippage from imbalance.

const removeLiquidityAbi = [
  {
    name: "remove_liquidity",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "_amount", type: "uint256" },
      { name: "min_amounts", type: "uint256[3]" },
    ],
    outputs: [{ name: "", type: "uint256[3]" }],
  },
] as const;

const lpAmount = 3000_000000000000000000n; // 3000 LP tokens

const { request } = await publicClient.simulateContract({
  address: THREE_POOL,
  abi: removeLiquidityAbi,
  functionName: "remove_liquidity",
  args: [lpAmount, [0n, 0n, 0n]], // SET MIN AMOUNTS IN PRODUCTION
  account: account.address,
});

Remove Liquidity (Single Coin)

Withdraw everything as a single token. Higher slippage for large amounts or imbalanced pools.

const removeOneCoinAbi = [
  {
    name: "remove_liquidity_one_coin",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "_token_amount", type: "uint256" },
      { name: "i", type: "int128" },
      { name: "_min_amount", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "calc_withdraw_one_coin",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "_token_amount", type: "uint256" },
      { name: "i", type: "int128" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

const lpToWithdraw = 1000_000000000000000000n; // 1000 LP tokens

// Estimate how much USDC we get
const expectedUsdc = await publicClient.readContract({
  address: THREE_POOL,
  abi: removeOneCoinAbi,
  functionName: "calc_withdraw_one_coin",
  args: [lpToWithdraw, 1n], // index 1 = USDC
});

const minUsdc = (expectedUsdc * 995n) / 1000n;

const { request } = await publicClient.simulateContract({
  address: THREE_POOL,
  abi: removeOneCoinAbi,
  functionName: "remove_liquidity_one_coin",
  args: [lpToWithdraw, 1n, minUsdc],
  account: account.address,
});

Remove Liquidity (Imbalanced)

Withdraw specific amounts of each token.

const removeImbalanceAbi = [
  {
    name: "remove_liquidity_imbalance",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "amounts", type: "uint256[3]" },
      { name: "max_burn_amount", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

// Withdraw exactly 500 DAI and 500 USDC, no USDT
const withdrawAmounts: readonly [bigint, bigint, bigint] = [
  500_000000000000000000n, // 500 DAI
  500_000000n,             // 500 USDC
  0n,                      // 0 USDT
];

// Estimate LP tokens burned
const estimatedBurn = await publicClient.readContract({
  address: THREE_POOL,
  abi: addLiquidityAbi,
  functionName: "calc_token_amount",
  args: [withdrawAmounts, false], // false = withdrawal
});

// Allow 1% more LP burn than estimated
const maxBurnAmount = (estimatedBurn * 1010n) / 1000n;

const { request } = await publicClient.simulateContract({
  address: THREE_POOL,
  abi: removeImbalanceAbi,
  functionName: "remove_liquidity_imbalance",
  args: [withdrawAmounts, maxBurnAmount],
  account: account.address,
});

crvUSD (LLAMMA)

crvUSD is Curve's stablecoin. Loans are backed by collateral deposited into LLAMMA (Lending-Liquidating AMM Algorithm). Instead of instant liquidation at a threshold, LLAMMA gradually converts collateral to crvUSD as the collateral price drops through user-defined bands. If the price recovers, it converts back.

Create a crvUSD Loan

// crvUSD Controller for WETH collateral
const CRVUSD_WETH_CONTROLLER = "0xA920De414eA4Ab66b97dA1bFE9e6EcA7d4219635" as const;

const controllerAbi = [
  {
    name: "create_loan",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "collateral", type: "uint256" },
      { name: "debt", type: "uint256" },
      { name: "N", type: "uint256" },
    ],
    outputs: [],
  },
  {
    name: "max_borrowable",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "collateral", type: "uint256" },
      { name: "N", type: "uint256" },
    ],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "health",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "user", type: "address" },
    ],
    outputs: [{ name: "", type: "int256" }],
  },
  {
    name: "user_state",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "user", type: "address" },
    ],
    outputs: [
      { name: "collateral", type: "uint256" },
      { name: "stablecoin", type: "uint256" },
      { name: "debt", type: "uint256" },
      { name: "N", type: "uint256" },
    ],
  },
] as const;

const WETH = "0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2" as const;
const collateralAmount = 10_000000000000000000n; // 10 WETH

// N = number of bands (4-50). More bands = wider liquidation range = safer but lower LTV
const numBands = 10n;

// Check max borrowable amount
const maxDebt = await publicClient.readContract({
  address: CRVUSD_WETH_CONTROLLER,
  abi: controllerAbi,
  functionName: "max_borrowable",
  args: [collateralAmount, numBands],
});

// Borrow 80% of max for safety margin
const debtAmount = (maxDebt * 80n) / 100n;

// Approve WETH to controller
const { request: approveReq } = await publicClient.simulateContract({
  address: WETH,
  abi: erc20Abi,
  functionName: "approve",
  args: [CRVUSD_WETH_CONTROLLER, collateralAmount],
  account: account.address,
});
await walletClient.writeContract(approveReq);

// Create loan
const { request } = await publicClient.simulateContract({
  address: CRVUSD_WETH_CONTROLLER,
  abi: controllerAbi,
  functionName: "create_loan",
  args: [collateralAmount, debtAmount, numBands],
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("Loan creation reverted");

Monitor Loan Health

// Health > 0 means position is safe
// Health approaching 0 means bands are being converted (soft liquidation)
// Health < 0 means position can be hard-liquidated
const health = await publicClient.readContract({
  address: CRVUSD_WETH_CONTROLLER,
  abi: controllerAbi,
  functionName: "health",
  args: [account.address],
});

// Health is returned in 1e18 precision
// health = 100e18 means 100% above liquidation
const healthPercent = Number(health) / 1e18;

if (healthPercent < 10) {
  console.warn(`Low health: ${healthPercent.toFixed(2)}% — consider repaying or adding collateral`);
}

// Read full user state
const [collateral, stablecoin, debt, bands] = await publicClient.readContract({
  address: CRVUSD_WETH_CONTROLLER,
  abi: controllerAbi,
  functionName: "user_state",
  args: [account.address],
});

Repay crvUSD Loan

const repayAbi = [
  {
    name: "repay",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "_d_debt", type: "uint256" },
    ],
    outputs: [],
  },
] as const;

const CRVUSD = "0xf939E0A03FB07F59A73314E73794Be0E57ac1b4E" as const;

const repayAmount = 5000_000000000000000000n; // repay 5000 crvUSD

// Approve crvUSD to controller
const { request: approveReq } = await publicClient.simulateContract({
  address: CRVUSD,
  abi: erc20Abi,
  functionName: "approve",
  args: [CRVUSD_WETH_CONTROLLER, repayAmount],
  account: account.address,
});
await walletClient.writeContract(approveReq);

const { request } = await publicClient.simulateContract({
  address: CRVUSD_WETH_CONTROLLER,
  abi: repayAbi,
  functionName: "repay",
  args: [repayAmount],
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("Repay reverted");

Gauge System

Curve directs CRV emissions to liquidity providers via gauges. Deposit your LP tokens into a gauge to earn CRV rewards. Boost your rewards up to 2.5x by holding veCRV.

Deposit LP Tokens into Gauge

// 3pool gauge
const THREE_POOL_GAUGE = "0xbFcF63294aD7105dEa65aA58F8AE5BE2D9d0952A" as const;
const THREE_POOL_LP = "0x6c3F90f043a72FA612cbac8115EE7e52BDe6E490" as const;

const gaugeAbi = [
  {
    name: "deposit",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [{ name: "_value", type: "uint256" }],
    outputs: [],
  },
  {
    name: "withdraw",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [{ name: "_value", type: "uint256" }],
    outputs: [],
  },
  {
    name: "claimable_tokens",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [{ name: "addr", type: "address" }],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

const lpAmount = 1000_000000000000000000n; // 1000 LP tokens

// Approve gauge to spend LP tokens
const { request: approveReq } = await publicClient.simulateContract({
  address: THREE_POOL_LP,
  abi: erc20Abi,
  functionName: "approve",
  args: [THREE_POOL_GAUGE, lpAmount],
  account: account.address,
});
await walletClient.writeContract(approveReq);

// Deposit into gauge
const { request } = await publicClient.simulateContract({
  address: THREE_POOL_GAUGE,
  abi: gaugeAbi,
  functionName: "deposit",
  args: [lpAmount],
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("Gauge deposit reverted");

Claim CRV Rewards

const MINTER = "0xd061D61a4d941c39E5453435B6345Dc261C2fcE0" as const;

const minterAbi = [
  {
    name: "mint",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [{ name: "gauge_addr", type: "address" }],
    outputs: [],
  },
] as const;

// Check claimable amount
const claimable = await publicClient.simulateContract({
  address: THREE_POOL_GAUGE,
  abi: gaugeAbi,
  functionName: "claimable_tokens",
  args: [account.address],
});

// Mint (claim) CRV rewards
const { request } = await publicClient.simulateContract({
  address: MINTER,
  abi: minterAbi,
  functionName: "mint",
  args: [THREE_POOL_GAUGE],
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("CRV claim reverted");

Gauge Voting

Lock CRV for veCRV

Lock CRV tokens to receive vote-escrowed CRV (veCRV). Longer lock = more voting power. Lock duration: 1 week to 4 years. Voting power decays linearly toward the unlock date.

const CRV = "0xD533a949740bb3306d119CC777fa900bA034cd52" as const;
const VECRV = "0x5f3b5DfEb7B28CDbD7FAba78963EE202a494e2A2" as const;

const veCrvAbi = [
  {
    name: "create_lock",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "_value", type: "uint256" },
      { name: "_unlock_time", type: "uint256" },
    ],
    outputs: [],
  },
  {
    name: "increase_amount",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [{ name: "_value", type: "uint256" }],
    outputs: [],
  },
  {
    name: "increase_unlock_time",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [{ name: "_unlock_time", type: "uint256" }],
    outputs: [],
  },
  {
    name: "withdraw",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [],
    outputs: [],
  },
] as const;

const lockAmount = 10000_000000000000000000n; // 10,000 CRV

// Lock for 4 years (max voting power)
// unlock_time must be rounded down to the nearest week (Thursday 00:00 UTC)
const WEEK = 7n * 24n * 60n * 60n;
const FOUR_YEARS = 4n * 365n * 24n * 60n * 60n;
const now = BigInt(Math.floor(Date.now() / 1000));
const unlockTime = ((now + FOUR_YEARS) / WEEK) * WEEK;

// Approve CRV to veCRV
const { request: approveReq } = await publicClient.simulateContract({
  address: CRV,
  abi: erc20Abi,
  functionName: "approve",
  args: [VECRV, lockAmount],
  account: account.address,
});
await walletClient.writeContract(approveReq);

// Create lock
const { request } = await publicClient.simulateContract({
  address: VECRV,
  abi: veCrvAbi,
  functionName: "create_lock",
  args: [lockAmount, unlockTime],
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("veCRV lock reverted");

Vote on Gauge Weights

Direct CRV emissions to specific gauges. Votes persist until changed. Each veCRV holder gets 10,000 vote points (100%) to allocate across gauges.

const GAUGE_CONTROLLER = "0x2F50D538606Fa9EDD2B11E2446BEb18C9D5846bB" as const;

const gaugeControllerAbi = [
  {
    name: "vote_for_gauge_weights",
    type: "function",
    stateMutability: "nonpayable",
    inputs: [
      { name: "_gauge_addr", type: "address" },
      { name: "_user_weight", type: "uint256" },
    ],
    outputs: [],
  },
  {
    name: "gauge_relative_weight",
    type: "function",
    stateMutability: "view",
    inputs: [{ name: "addr", type: "address" }],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "vote_user_power",
    type: "function",
    stateMutability: "view",
    inputs: [{ name: "user", type: "address" }],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

// Allocate 50% of voting power to 3pool gauge
// Weight is in basis points: 5000 = 50%
const { request } = await publicClient.simulateContract({
  address: GAUGE_CONTROLLER,
  abi: gaugeControllerAbi,
  functionName: "vote_for_gauge_weights",
  args: [THREE_POOL_GAUGE, 5000n],
  account: account.address,
});

const hash = await walletClient.writeContract(request);
const receipt = await publicClient.waitForTransactionReceipt({ hash });
if (receipt.status !== "success") throw new Error("Gauge vote reverted");

Check Voting Power Usage

// Returns total weight used out of 10000 (100%)
const usedPower = await publicClient.readContract({
  address: GAUGE_CONTROLLER,
  abi: gaugeControllerAbi,
  functionName: "vote_user_power",
  args: [account.address],
});

const remainingBps = 10000n - usedPower;

Pool Discovery

MetaRegistry

The MetaRegistry aggregates all pool registries (main, factory, crypto factory) into a single interface.

const META_REGISTRY = "0xF98B45FA17DE75FB1aD0e7aFD971b0ca00e379fC" as const;

const metaRegistryAbi = [
  {
    name: "find_pool_for_coins",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "_from", type: "address" },
      { name: "_to", type: "address" },
    ],
    outputs: [{ name: "", type: "address" }],
  },
  {
    name: "find_pools_for_coins",
    type: "function",
    stateMutability: "view",
    inputs: [
      { name: "_from", type: "address" },
      { name: "_to", type: "address" },
    ],
    outputs: [{ name: "", type: "address[]" }],
  },
  {
    name: "get_coins",
    type: "function",
    stateMutability: "view",
    inputs: [{ name: "_pool", type: "address" }],
    outputs: [{ name: "", type: "address[8]" }],
  },
  {
    name: "get_balances",
    type: "function",
    stateMutability: "view",
    inputs: [{ name: "_pool", type: "address" }],
    outputs: [{ name: "", type: "uint256[8]" }],
  },
] as const;

// Find the best pool for USDC -> USDT
const pool = await publicClient.readContract({
  address: META_REGISTRY,
  abi: metaRegistryAbi,
  functionName: "find_pool_for_coins",
  args: [USDC, USDT],
});

// Find ALL pools for a pair
const pools = await publicClient.readContract({
  address: META_REGISTRY,
  abi: metaRegistryAbi,
  functionName: "find_pools_for_coins",
  args: [USDC, USDT],
});

Reading Pool State

Virtual Price

Virtual price represents the LP token value in terms of the underlying asset. It only increases over time from trading fees.

const poolStateAbi = [
  {
    name: "get_virtual_price",
    type: "function",
    stateMutability: "view",
    inputs: [],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "balances",
    type: "function",
    stateMutability: "view",
    inputs: [{ name: "i", type: "uint256" }],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "A",
    type: "function",
    stateMutability: "view",
    inputs: [],
    outputs: [{ name: "", type: "uint256" }],
  },
  {
    name: "fee",
    type: "function",
    stateMutability: "view",
    inputs: [],
    outputs: [{ name: "", type: "uint256" }],
  },
] as const;

// Virtual price is 1e18 precision
const virtualPrice = await publicClient.readContract({
  address: THREE_POOL,
  abi: poolStateAbi,
  functionName: "get_virtual_price",
});

// LP token value in USD (assuming underlying = $1)
const lpValueUsd = Number(virtualPrice) / 1e18;

// Pool balances per coin index
const [daiBalance, usdcBalance, usdtBalance] = await Promise.all([
  publicClient.readContract({ address: THREE_POOL, abi: poolStateAbi, functionName: "balances", args: [0n] }),
  publicClient.readContract({ address: THREE_POOL, abi: poolStateAbi, functionName: "balances", args: [1n] }),
  publicClient.readContract({ address: THREE_POOL, abi: poolStateAbi, functionName: "balances", args: [2n] }),
]);

// Amplification parameter
const amplification = await publicClient.readContract({
  address: THREE_POOL,
  abi: poolStateAbi,
  functionName: "A",
});

// Fee in 1e10 precision (4000000 = 0.04%)
const poolFee = await publicClient.readContract({
  address: THREE_POOL,
  abi: poolStateAbi,
  functionName: "fee",
});
const feePercent = Number(poolFee) / 1e10 * 100;

Contract Addresses

Last verified: February 2026

See resources/contract-addresses.md for the full address table.

ContractEthereum
3pool0xbEbc44782C7dB0a1A60Cb6fe97d0b483032FF1C7
stETH/ETH0xDC24316b9AE028F1497c275EB9192a3Ea0f67022
Tricrypto20xD51a44d3FaE010294C616388b506AcdA1bfAAE46
CRV Token0xD533a949740bb3306d119CC777fa900bA034cd52
veCRV0x5f3b5DfEb7B28CDbD7FAba78963EE202a494e2A2
Curve Router0xF0d4c12A5768D806021F80a262B4d39d26C58b8D
MetaRegistry0xF98B45FA17DE75FB1aD0e7aFD971b0ca00e379fC
crvUSD0xf939E0A03FB07F59A73314E73794Be0E57ac1b4E

Error Handling

ErrorCauseFix
Exchange resulted in fewer coins than expectedOutput below min_dyIncrease slippage tolerance or re-quote
Exceeds allowancePool not approved to spend tokenCall approve() with sufficient amount
Insufficient fundsBalance below swap amountCheck balanceOf before calling exchange
Empty revert (Vyper)Wrong function signature or invalid indexVerify ABI matches pool type, check coin indices
dev: exceeds allowanceVyper dev error for allowance checkApprove token to the correct pool address
Lock expiredTrying to increase amount on expired veCRV lockWithdraw first, then create new lock
Withdraw old tokens firstCreating veCRV lock when one already existsCall withdraw() on expired lock first

Security

Slippage Protection

Never set min_dy to 0 in production. Always quote with get_dy() first.

const expectedOut = await publicClient.readContract({
  address: poolAddress,
  abi: threePoolAbi,
  functionName: "get_dy",
  args: [i, j, amountIn],
});

// For stableswap: 10-50 bps is reasonable
const minDy = (expectedOut * 9990n) / 10000n; // 10 bps

// For cryptoswap/volatile: 50-200 bps
const minDyCrypto = (expectedOut * 9950n) / 10000n; // 50 bps

USDT Approval Reset

USDT requires setting allowance to 0 before setting a new non-zero value.

async function approveUsdt(spender: Address, amount: bigint): Promise<void> {
  const currentAllowance = await publicClient.readContract({
    address: USDT,
    abi: erc20Abi,
    functionName: "allowance",
    args: [account.address, spender],
  });

  if (currentAllowance > 0n && currentAllowance < amount) {
    const { request: resetReq } = await publicClient.simulateContract({
      address: USDT,
      abi: erc20Abi,
      functionName: "approve",
      args: [spender, 0n],
      account: account.address,
    });
    const resetHash = await walletClient.writeContract(resetReq);
    await publicClient.waitForTransactionReceipt({ hash: resetHash });
  }

  const { request } = await publicClient.simulateContract({
    address: USDT,
    abi: erc20Abi,
    functionName: "approve",
    args: [spender, amount],
    account: account.address,
  });
  const hash = await walletClient.writeContract(request);
  const receipt = await publicClient.waitForTransactionReceipt({ hash });
  if (receipt.status !== "success") throw new Error("USDT approval failed");
}

Front-Running Mitigation

  • Use tight min_dy on every swap (quote + slippage)
  • Use Flashbots Protect RPC for mainnet transactions
  • Large liquidity operations should use proportional add/remove to minimize extractable value
  • For large single-sided deposits, split into multiple smaller transactions

References

Author

@0xinit

Stars

53

Repository

0xinit/cryptoskills

skills/pyth/SKILL.md

Pyth Network Development Guide

Pyth Network is a decentralized oracle providing real-time price feeds for cryptocurrencies, equities, forex, and commodities. This guide covers integrating Pyth price feeds into Solana applications.

Overview

Pyth Network provides:

  • Real-Time Price Feeds - 400ms update frequency with pull oracle model
  • Confidence Intervals - Statistical uncertainty bounds for each price
  • EMA Prices - Exponential moving average prices (~1 hour window)
  • Multi-Asset Support - Crypto, equities, FX, commodities, indices
  • On-Chain Integration - CPI for Solana programs
  • Off-Chain Integration - HTTP and WebSocket APIs via Hermes

Program IDs

ProgramAddressDescription
Solana Receiverrec5EKMGg6MxZYaMdyBfgwp4d5rB9T1VQH5pJv5LtFJPosts price updates to Solana
Price FeedpythWSnswVUd12oZpeFP8e9CVaEqJg25g1Vtc2biRsTStores price feed data

Deployed on: Solana Mainnet, Devnet, Eclipse Mainnet/Testnet, Sonic networks

Popular Price Feed IDs

AssetHex Feed ID
BTC/USD0xe62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43
ETH/USD0xff61491a931112ddf1bd8147cd1b641375f79f5825126d665480874634fd0ace
SOL/USD0xef0d8b6fda2ceba41da15d4095d1da392a0d2f8ed0c6c7bc0f4cfac8c280b56d
USDC/USD0xeaa020c61cc479712813461ce153894a96a6c00b21ed0cfc2798d1f9a9e9c94a
USDT/USD0x2b89b9dc8fdf9f34709a5b106b472f0f39bb6ca9ce04b0fd7f2e971688e2e53b

Full list: https://pyth.network/developers/price-feed-ids

Quick Start

Installation

# TypeScript/JavaScript
npm install @pythnetwork/hermes-client @pythnetwork/pyth-solana-receiver

# Rust (add to Cargo.toml)
# pyth-solana-receiver-sdk = "0.3.0"

Fetch Price (Off-Chain)

import { HermesClient } from "@pythnetwork/hermes-client";

const client = new HermesClient("https://hermes.pyth.network");

const priceIds = [
  "0xe62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43", // BTC/USD
];

const priceUpdates = await client.getLatestPriceUpdates(priceIds);

for (const update of priceUpdates.parsed) {
  const price = update.price;
  const displayPrice = Number(price.price) * Math.pow(10, price.expo);
  console.log(`Price: $${displayPrice.toFixed(2)}`);
  console.log(`Confidence: ±${Number(price.conf) * Math.pow(10, price.expo)}`);
}

Use Price On-Chain (Rust/Anchor)

use anchor_lang::prelude::*;
use pyth_solana_receiver_sdk::price_update::PriceUpdateV2;

#[derive(Accounts)]
pub struct UsePrice<'info> {
    pub price_update: Account<'info, PriceUpdateV2>,
}

pub fn use_price(ctx: Context<UsePrice>) -> Result<()> {
    let price_update = &ctx.accounts.price_update;
    let clock = Clock::get()?;

    // Get price no older than 60 seconds
    let price = price_update.get_price_no_older_than(
        &clock,
        60, // max age in seconds
    )?;

    msg!("Price: {} × 10^{}", price.price, price.exponent);
    msg!("Confidence: ±{}", price.conf);

    Ok(())
}

Core Concepts

Price Structure

Each Pyth price contains:

FieldTypeDescription
pricei64Price value in fixed-point format
confu64Confidence interval (standard deviation)
expoi32Exponent for scaling (e.g., -8 means divide by 10^8)
publish_timei64Unix timestamp of price

Converting to display price:

const displayPrice = price * Math.pow(10, expo);
// Example: price=19405100, expo=-2 → $194,051.00

Confidence Intervals

Confidence intervals represent the uncertainty in the reported price:

// Price is $50,000 ± $50 means:
// - 68% chance true price is between $49,950 - $50,050
// - Use confidence for risk management

const price = 50000;
const confidence = 50;

// Safe lower bound (conservative)
const safeLowerBound = price - confidence;

// Safe upper bound (conservative)
const safeUpperBound = price + confidence;

Best Practice: Reject prices with confidence > 2% of price:

const maxConfidenceRatio = 0.02; // 2%
const confidenceRatio = confidence / Math.abs(price);

if (confidenceRatio > maxConfidenceRatio) {
  throw new Error("Price confidence too wide");
}

EMA Prices

Exponential Moving Average prices smooth out short-term volatility:

  • ~1 hour averaging window (5921 Solana slots)
  • Weighted by inverse confidence (tight confidence = more weight)
  • Good for: liquidations, collateral valuation
  • Available as ema_price and ema_conf
// Use EMA for less volatile applications
const emaPrice = priceUpdate.emaPrice;
const emaConf = priceUpdate.emaConf;

Off-Chain Integration

Hermes Client

Hermes is the recommended way to fetch Pyth prices off-chain.

Public Endpoint: https://hermes.pyth.network

For production, get a dedicated endpoint from a Pyth data provider.

Fetching Latest Prices

import { HermesClient } from "@pythnetwork/hermes-client";

const client = new HermesClient("https://hermes.pyth.network");

// Single price
const btcPrice = await client.getLatestPriceUpdates([
  "0xe62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43"
]);

// Multiple prices in one request
const prices = await client.getLatestPriceUpdates([
  "0xe62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43", // BTC
  "0xff61491a931112ddf1bd8147cd1b641375f79f5825126d665480874634fd0ace", // ETH
  "0xef0d8b6fda2ceba41da15d4095d1da392a0d2f8ed0c6c7bc0f4cfac8c280b56d", // SOL
]);

Streaming Real-Time Updates

import { HermesClient } from "@pythnetwork/hermes-client";

const client = new HermesClient("https://hermes.pyth.network");

const priceIds = [
  "0xe62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43"
];

// Subscribe to real-time updates via SSE
const eventSource = await client.getPriceUpdatesStream(priceIds, {
  parsed: true,
});

eventSource.onmessage = (event) => {
  const data = JSON.parse(event.data);
  console.log("Price update:", data);
};

eventSource.onerror = (error) => {
  console.error("Stream error:", error);
  eventSource.close();
};

// Close when done
// eventSource.close();

Posting Prices to Solana

import { PythSolanaReceiver } from "@pythnetwork/pyth-solana-receiver";
import { HermesClient } from "@pythnetwork/hermes-client";
import { Connection, Keypair } from "@solana/web3.js";

const connection = new Connection("https://api.mainnet-beta.solana.com");
const wallet = Keypair.fromSecretKey(/* your key */);

const hermesClient = new HermesClient("https://hermes.pyth.network");
const pythReceiver = new PythSolanaReceiver({ connection, wallet });

// Fetch price update data
const priceUpdateData = await hermesClient.getLatestPriceUpdates([
  "0xe62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43"
]);

// Build transaction to post price
const transactionBuilder = pythReceiver.newTransactionBuilder();
await transactionBuilder.addPostPriceUpdates(priceUpdateData.binary.data);

// Add your program instruction that uses the price
// transactionBuilder.addInstruction(yourInstruction);

// Send transaction
const transactions = await transactionBuilder.buildVersionedTransactions({
  computeUnitPriceMicroLamports: 50000,
});

for (const tx of transactions) {
  const sig = await connection.sendTransaction(tx);
  console.log("Transaction:", sig);
}

On-Chain Integration (Rust)

Setup

Add to Cargo.toml:

[dependencies]
pyth-solana-receiver-sdk = "0.3.0"
anchor-lang = "0.30.1"

Reading Price in Anchor Program

use anchor_lang::prelude::*;
use pyth_solana_receiver_sdk::price_update::{PriceUpdateV2, get_feed_id_from_hex};

declare_id!("YourProgramId...");

// BTC/USD price feed ID
const BTC_USD_FEED_ID: &str = "0xe62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43";

#[program]
pub mod my_program {
    use super::*;

    pub fn check_price(ctx: Context<CheckPrice>) -> Result<()> {
        let price_update = &ctx.accounts.price_update;
        let clock = Clock::get()?;

        // Verify this is the correct feed
        let feed_id = get_feed_id_from_hex(BTC_USD_FEED_ID)?;

        // Get price no older than 60 seconds
        let price = price_update.get_price_no_older_than_with_custom_verification(
            &clock,
            60,
            &feed_id,
            ctx.accounts.price_update.to_account_info().owner,
        )?;

        msg!("BTC/USD Price: {} × 10^{}", price.price, price.exponent);
        msg!("Confidence: ±{}", price.conf);

        Ok(())
    }
}

#[derive(Accounts)]
pub struct CheckPrice<'info> {
    #[account(
        constraint = price_update.to_account_info().owner == &pyth_solana_receiver_sdk::ID
    )]
    pub price_update: Account<'info, PriceUpdateV2>,
}

Using Price for Calculations

pub fn swap_with_oracle(
    ctx: Context<SwapWithOracle>,
    amount_in: u64,
) -> Result<()> {
    let price_update = &ctx.accounts.price_update;
    let clock = Clock::get()?;

    // Get price with staleness check
    let price = price_update.get_price_no_older_than(&clock, 30)?;

    // Validate confidence (max 1% of price)
    let conf_ratio = (price.conf as u128 * 10000) / (price.price.unsigned_abs() as u128);
    require!(conf_ratio <= 100, ErrorCode::ConfidenceTooWide);

    // Convert price to usable format
    // price.price is in fixed-point with price.exponent
    let price_scaled = if price.exponent >= 0 {
        (price.price as u128) * 10_u128.pow(price.exponent as u32)
    } else {
        (price.price as u128) / 10_u128.pow((-price.exponent) as u32)
    };

    // Calculate output amount using oracle price
    let amount_out = (amount_in as u128)
        .checked_mul(price_scaled)
        .ok_or(ErrorCode::MathOverflow)?
        / 1_000_000; // Adjust for decimals

    msg!("Swap {} -> {} using price {}", amount_in, amount_out, price_scaled);

    Ok(())
}

#[error_code]
pub enum ErrorCode {
    #[msg("Price confidence interval too wide")]
    ConfidenceTooWide,
    #[msg("Math overflow")]
    MathOverflow,
}

Multiple Price Feeds

#[derive(Accounts)]
pub struct Liquidation<'info> {
    #[account(
        constraint = collateral_price.to_account_info().owner == &pyth_solana_receiver_sdk::ID
    )]
    pub collateral_price: Account<'info, PriceUpdateV2>,

    #[account(
        constraint = debt_price.to_account_info().owner == &pyth_solana_receiver_sdk::ID
    )]
    pub debt_price: Account<'info, PriceUpdateV2>,
}

pub fn check_liquidation(ctx: Context<Liquidation>) -> Result<bool> {
    let clock = Clock::get()?;

    let collateral = ctx.accounts.collateral_price
        .get_price_no_older_than(&clock, 60)?;
    let debt = ctx.accounts.debt_price
        .get_price_no_older_than(&clock, 60)?;

    // Normalize to same exponent for comparison
    let collateral_value = normalize_price(collateral.price, collateral.exponent);
    let debt_value = normalize_price(debt.price, debt.exponent);

    // Check if undercollateralized
    let is_liquidatable = collateral_value < debt_value * 150 / 100; // 150% ratio

    Ok(is_liquidatable)
}

fn normalize_price(price: i64, expo: i32) -> i128 {
    let target_expo = -8; // Normalize to 8 decimals
    let adjustment = expo - target_expo;

    if adjustment >= 0 {
        (price as i128) * 10_i128.pow(adjustment as u32)
    } else {
        (price as i128) / 10_i128.pow((-adjustment) as u32)
    }
}

Best Practices

1. Always Check Staleness

// Don't use old prices - set appropriate max age
let max_age_seconds = 60;
let price = price_update.get_price_no_older_than(&clock, max_age_seconds)?;

2. Validate Confidence Intervals

// Reject prices with wide confidence (high uncertainty)
const MAX_CONF_BPS: u64 = 200; // 2%

let conf_bps = (price.conf as u128 * 10000) / (price.price.unsigned_abs() as u128);
require!(conf_bps <= MAX_CONF_BPS as u128, ErrorCode::ConfidenceTooWide);

3. Verify Account Ownership

// Always verify the price account is owned by Pyth
#[account(
    constraint = price_update.to_account_info().owner == &pyth_solana_receiver_sdk::ID
)]
pub price_update: Account<'info, PriceUpdateV2>,

4. Use EMA for Sensitive Operations

// For liquidations, use EMA to avoid manipulation
let ema_price = price_update.get_ema_price_no_older_than(&clock, 60)?;

5. Handle Price Unavailability

try {
  const price = await client.getLatestPriceUpdates([feedId]);
  // Use price
} catch (error) {
  // Fallback behavior or reject transaction
  console.error("Price unavailable:", error);
}

6. Consider Frontrunning

  • Adversaries may see price updates before your transaction
  • Don't design logic that races against price updates
  • Use appropriate slippage tolerances

Price Feed Types

Fixed Price Feed Accounts

  • Maintained continuously by Pyth
  • Fixed address per feed
  • Always has most recent price
  • Shared by all users (potential congestion)

Ephemeral Price Update Accounts

  • Created per transaction
  • Can specify shard ID for parallelization
  • Rent can be recovered after use
  • Better for high-throughput applications
// Use shard ID to avoid congestion
const transactionBuilder = pythReceiver.newTransactionBuilder({
  shardId: Math.floor(Math.random() * 65536), // Random shard
});

Resources

Official Documentation

GitHub Repositories

NPM Packages

Rust Crates


Skill Structure

pyth/
├── SKILL.md                          # This file
├── resources/
│   ├── program-addresses.md          # All program IDs and feed IDs
│   └── api-reference.md              # SDK API reference
├── examples/
│   ├── price-feeds/
│   │   ├── fetch-price.ts            # Basic price fetching
│   │   └── multiple-prices.ts        # Multiple price feeds
│   ├── on-chain/
│   │   ├── anchor-integration.rs     # Anchor program example
│   │   └── price-validation.rs       # Price validation patterns
│   └── streaming/
│       └── real-time-updates.ts      # WebSocket streaming
├── templates/
│   ├── pyth-client.ts                # TypeScript client template
│   └── anchor-oracle.rs              # Anchor program template
└── docs/
    └── troubleshooting.md            # Common issues and solutions

Pyth on EVM Chains

This skill covers Pyth integration for Solana applications using Anchor CPI. For EVM chain integration (Ethereum, Arbitrum, Base, Optimism, Polygon, and 50+ other chains), see the pyth-evm skill.

Key differences between Pyth Solana and Pyth EVM:

AspectPyth Solana (this skill)Pyth EVM (pyth-evm skill)
Contract interfaceAnchor CPI to Pyth programSolidity IPyth interface
Price updatePull from Pyth accumulator accountSubmit bytes[] via updatePriceFeeds
Contract addressSingle Pyth program on SolanaVaries per EVM chain
Gas/computeCompute units~120-150K gas per feed update
SDK@pythnetwork/pyth-solana-receiver@pythnetwork/hermes-client v3.1.0

Price feed IDs (bytes32) are the same across all chains — a BTC/USD feed ID works on both Solana and Ethereum.

Related Skills

  • pyth-evm — Pyth oracle integration for EVM chains (Solidity + TypeScript)
  • chainlink — Push oracle alternative on EVM chains
  • redstone — Another pull oracle for EVM chains

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