Trading Volume for Alpha Markets on TermMax
Calculation Logic
In practice, the trading volume is captured from the transaction events, specifically the SwapTokenToExactToken event. The calculation is as follows:
Trading Volume =
tradingAmts-actualTokenIn/OutTrading Value =
Trading Volume*SNAPSHOT_PRICE(of the respective token)
Definitions
tradingAmts: The total units of assets involved in the trade.
actualTokenIn/Out: The actual net amount of assets transferred from/to the user (representing the Premium or Trading Cost).
Trading Volume: The net amount swapped in the trade.
SNAPSHOT_PRICE: The USD market price of the respective token at the time the transaction was executed.
For Long positions: This refers to the price of the Underlying Token (e.g., ESPORTS).
For Short positions: This refers to the price of USDT.
Scenarios
BUY LONG
Market: ESPORTS/[email protected]
Tx: https://bscscan.com/tx/0xa9571899297e084397a8f68ddb58095bb25f3494c235a0d798125c6110926e01
Event: SwapTokenToExactToken
caller : 0xF1b319ebbc2C234F0b2DDd862308ED4c50d22311
recipient : 0xF1b319ebbc2C234F0b2DDd862308ED4c50d22311
orders :0x80A884A7E002613214801698713Ea91Bfd63fFe4
tradingAmts : 520.000000000000000000
actualTokenIn : 23.103672587352781553
trading volume: 520.000000000000000000 - 23.103672587352781553 = 496.896327412647218447 (ESPORTS)
trading value: 496.896327412647218447 * ESPORTS_SNAPSHOT_PRICE
CLOSE LONG POSITION
Market: ESPORTS/[email protected]
Tx: https://bscscan.com/tx/0xb8c96f0cacaf8b1acb36d0fa2c8de4afa550a4c617d17d90a8883d07803d6278
Event: SwapExactTokenToToken
caller: 0x46358eAE5F8aB316C7a6E419cDE4d4BaE582b2eB
recipient: 0x46358eAE5F8aB316C7a6E419cDE4d4BaE582b2eB
orders: 0x80A884A7E002613214801698713Ea91Bfd63fFe4
tradingAmts: 510.000000000000000000
actualTokenOut: 19.728902493279607424
trading volume: 510.000000000000000000 - 19.728902493279607424 = 490.271097506720392576 (ESPORTS)
trading value: 490.271097506720392576 * ESPORTS_SNAPSHOT_PRICE
BUY SHORT
Market: GAIX/[email protected]
Tx: https://bscscan.com/tx/0x887e8d4603fbc411af109de6d3cc5a4607eccb598eecfc0b850a6bb453905316
Event: SwapTokenToExactToken
caller : 0xF1b319ebbc2C234F0b2DDd862308ED4c50d22311
recipient : 0xF1b319ebbc2C234F0b2DDd862308ED4c50d22311
orders : 0xA7f8e641D4aF747a4Ae1a73F159365Cac5eb9D11
tradingAmts : 200.000004000000000000
actualTokenIn : 10.248935735810809929
trading volume: 200.000004000000000000 - 10.248935735810809929 = 189.751068264189190071 (USDT)
trading value: 189.751068264189190071 * USDT_SNAPSHOT_PRICE
CLOSE SHOT POSITION
Market: GAIX/[email protected]
Tx: https://bscscan.com/tx/0x261cab71a68cc7db3228d367c3707229d7697524418848ea4bfc0bda6d562d3f
Event: SwapExactTokenToToken
caller : 0xF1b319ebbc2C234F0b2DDd862308ED4c50d22311
recipient : 0xF1b319ebbc2C234F0b2DDd862308ED4c50d22311
orders : 0xA7f8e641D4aF747a4Ae1a73F159365Cac5eb9D11
tradingAmts : 150.000003000000000000
actualTokenOut : 6.753557347820835244
trading volume: 150.000003000000000000 - 6.753557347820835244 = 143.246445652179164756 (USDT)
trading value: 143.246445652179164756 * USDT_SNAPSHOT_PRICE
Last updated