kdb+/q for EVM

What is kdb+/q?, see kx.com

Overview

kdb+ adapted for usage on Ethereum/EVM Chains

This code is no longer in usage at Manifold Finance, which is why we have open sourced it.

You will need a license for kdb+ to use this (32bit works).

Instructions: mortals require instructions.

Utils

Jupyter Notebook for Sushiswap/Uniswap Liquidity and Market Depth

Install

From https://code.kx.com/q4m3/14_Introduction_to_Kdb+/1481-the-environment-variables, set QHOME to the location of q.k. To pass in a license, invoke q with QLIC set to the directory in which kc.lic is located. Other .q (or .k) files are loaded with \l path/to/file. .so files are loaded by defining their name/path when defining the function:

Flashbots Overview

https://docs.flashbots.net/flashbots-auction/overview

Notes on the current state of flashbots docs with relevance to assumptions of bundle process.

Anatomy of a bundle

const blockNumber = await provider.getBlockNumber()
const minTimestamp = (await provider.getBlock(blockNumber)).timestamp
const maxTimestamp = minTimestamp + 120
const signedBundle = flashbotsProvider.signBundle(
    [
      {
        signedTransaction: SIGNED_ORACLE_UPDATE_FROM_PENDING_POOL // serialized signed transaction hex
      },
      {
        signer: wallet, // ethers signer
        transaction: transaction // ethers populated transaction object
      }
    ])
const bundleReceipt = await flashbotsProvider.sendRawBundle(
    signedBundle, // bundle we signed above
    targetBlockNumber, // block number at which this bundle is valid
    {
      minTimestamp, // optional minimum timestamp at which this bundle is valid (inclusive)
      maxTimestamp, // optional maximum timestamp at which this bundle is valid (inclusive)
      revertingTxHashes: [tx1, tx2] // optional list of transaction hashes allowed to revert. Without specifying here, any revert invalidates the entire bundle.
    }
  )
)

Miner reward through coinbase.transfer()

https://docs.flashbots.net/flashbots-auction/searchers/advanced/coinbase-payment

To include as last action of smart contract

block.coinbase.transfer(AMOUNT_TO_TRANSFER)

Edge case to deal with sending to a miner contract

block.coinbase.call{value: _ethAmountToCoinbase}(new bytes(0));

subject to reentrancy attacks

Bundle pricing

https://docs.flashbots.net/flashbots-auction/searchers/advanced/bundle-pricing

Conflicting bundles received by flashbots are ordered by the following formula:

$\bg_white \Large score=\frac{minerBribe + totalGasUsed * priorityFeePerGas - mempoolGasUsed * priorityFeePerGas}{totalGasUsed}$

Eligibility

https://docs.flashbots.net/flashbots-auction/miners/mev-geth-spec/v04

Bundles must have a target blockNumber and a priorityFeePerGas >= 1 Gwei.

Reverting txs

https://docs.flashbots.net/flashbots-auction/miners/mev-geth-spec/v04

"When constructing a block the node should reject any bundle or megabundle that has a reverting transaction unless its hash is included in the RevertingTxHashes list of the bundle"

Debugging

https://docs-staging.flashbots.net/flashbots-auction/searchers/advanced/troubleshooting

Transaction failure (ANY within the bundle)
Incentives (gas price/coinbase transfers) not high enough to offset value of block space

Simulate bundle:

  const signedTransactions = await flashbotsProvider.signBundle(transactionBundle)
  const simulation = await flashbotsProvider.simulate(signedTransactions, targetBlockNumber, targetBlockNumber + 1)
  console.log(JSON.stringify(simulation, null, 2))

Competitors paying more

Get conflicting bundles for a prior block:

const signedTransactions = await flashbotsProvider.signBundle(transactionBundle)
console.log(await flashbotsProvider.getConflictingBundle(
      signedTransactions,
      13140328 // blockNumber
  ))

Bundle received too late to appear in target block

Get submission time data and compare to block time:

console.log(
  await flashbotsProvider.getBundleStats("0x123456789abcdef123456789abcdef123456789abcdef123456789abcdef1234", 13509887)
  )

License

This Source Code Form is subject to the terms of the Mozilla Public License, v. 2.0. If a copy of the MPL was not distributed with this file, You can obtain one at http://mozilla.org/MPL/2.0/.

Raytlty / q-evm